SunTrust Banks, Inc. Credit Card Complaint

APR or interest rate

SunTrust Banks, Inc. Credit card department,

APR or interest rate Maryland

I took an offer for a balance transfer with Suntrust Bank that ended on the -. At the closing date of -/-/16, I had a balance of $1000.00 and I called Suntrust to check when they will begin to assess finance charges. I was told by the bank rep that as long as I paid off the balance by the next due date of -/-/16. I will not be assessed a finance charge, which I did. However, I was sent another promo offer with convenience checks, which I did apply for in - 2016, and from then, I was being assessed finance charges, even though, the previous balance that ended on - was paid off. The bank rep - - said that they had applied all - payments that I had made from - 2016 to the balance with the lowest APR, which was the recent balance transfer, and this is why they were charging me finance charge on the $490.00 balance of the first balance transfer that should have been paid off with the - payment of $590.00. I am looking for them Suntrust to credit my account back with all the finance charges starting in - 2016 to recent and not to charge any finance charges on the current promotion that I have.

SunTrust Banks, Inc. customer in Maryland
Sep 22, 2016

* Source: CFPB Complaint Database

SunTrust Banks, Inc. response to complaint:
Closed with monetary relief

Created with Highcharts 4.2.3SunTrust Banks, Inc.Complaint HistoryComplaints2/20169/201600.250.50.7511.25Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3SunTrust Banks, Inc.APR or interest rate50.0%50.0%Closed with explanationClosed with monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageAPR or interest rate0.1%9.2%9.3%7.5%0.7%24.3%48.7%0.2%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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