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Saturday, 4th February, 2012
UK Financial News From the latest UK financial news, and interesting articles about insurance, credit cards, and other useful tidbits, to special offers, and revealing finance tips from the experts, the stories and news items we display here will help to keep you informed.

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Articles   >>   Capital One customers face rate hike

Capital One customers face rate hike

Monday, February 8 , 2010
View the full story at: http://www.timesonline.co.uk/tol/money/borrowing/article7019522.ece

Capital One has written to thousands of credit card customers warning that the interest rate on their existing debt is set to double.

The rate charged on outstanding balances will jump from 8.01 per cent to 15.31 per cent, the US card provider has revealed. The new rates will come into effect the day after customers receive their March statements.


View the full story at: http://www.timesonline.co.uk/tol/money/borrowing/article7019522.ece

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