Originally Posted by
cmh flyer
After 8 years of good standing with Capital One, they just did the same to me. I pay my balance in full every month. I called to OPT OUT. The rep tried to keep me from doing so, saying that since I pay my bill in full, a much higher rate is a mute point, but it still makes me mad.
I think you mean a moot point. But in any event, good for you that you pay in full every month. I do the same.
And in this economy, one never knows when things may change and I may not be able to pay my bill in full every month.
As long as you spend within your means, you always should be able to pay in full every month.
IMHO, there's no reason for anyone to get bent out of shape about interest rates. If you don't want to pay interest, there's a solution: pay in full. What's the big deal?
(We're not talking about a mortgage or a car loan; we're talking about a credit card account--you
choose how much you spend and owe each month, with possible exceptions for medical emergencies or other unanticipated, unavoidable charges.)