Capital One Credit Card Complaint

Capital One Credit card department,

Payoff process Colorado

I have an - FICO score, - in available credit, and & lt ; $2000.00 in debt in any given month. Today I received an email from Capital One inviting me to do a balance transfer, that appears to be in violation of the Credit Reform Law. A section of the email stated : '' If you pay your balance in full each month, you do not pay interest on your purchases. Please note, after you accept this offer, you will begin paying interest on all new purchases, even if you pay your purchase balance in full each month. To avoid paying interest on new purchases, you must pay your total balance in full ( including balances from this offer ) by the due date each month. . This appears to be in violation of the law that states that payments shall be applied to highest interest debt first.