Watch out for CapitalOne deceptive marketing practices

For just about anything you want to get off your chest about credit cards.
2 posts
Centurion Member
Centurion Member
Posts: 875
Joined: Thu Apr 30, 2009 2:32 pm
Location: Texas

Watch out for CapitalOne deceptive marketing practices

Postby jeffysdad » Thu Feb 10, 2011 3:20 pm

I just made a purchase at and when I finished with my order a page popped up offering me $100 cashback if I opened a CapOne cc account (because I'm a good Gevalia customer, it said). The ad also said the card would have no annual fee.

After filling out the entire application I was on the last screen and scrolled through the terms. I was about to apply for a card with a $39 annual fee. The banner ad I had clicked on clearly said the card I would be applying for would not have an annual fee. Obviously, I aborted the application.

I had a CapOne cashback card until a few months ago. I canceled it because after more than half a dozen requests over the period of a year for them to stop sending me balance transfer checks and other marketing materials in the mail, they still would not do it.

When I did have the card I never had any problems with them. However, I only used it for a balance transfer that I quickly paid off. And now that I'm thinking about it. This account was shut down once for a fraud alert even though I had never used the card for anything but a balance transfer. A new account no. was issued and everything.

Pretty sleazy, imo.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

User avatar
Elliot Castro
Platinum Member
Platinum Member
Posts: 77
Joined: Sat Jan 22, 2011 4:23 am
Location: sfdsf

Postby Elliot Castro » Thu Feb 10, 2011 4:15 pm

Even if they sent you the card, they can't charge you the 39$ I believe unless you ACTIVATE it.

Obama passed not too long ago new laws that creditors had to follow to prevent them from being deceptive. However, those banks have spent a lot of money and research to get around those laws, which is my Obama's administration is rushing for new ammends to prevent the abuse of loopholes.

Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 3 guests