Ok, anyone else seen this one? I have a Cap1 Plat card. I'm still in the 0% interest so I make only 2x the minimums just to keep my payments over the min... then I use the card to take advantage of the 0% again. Normally, the payments are a consistent 2% of the outstanding balance. But this month my payment is less than 50. Yes, 5K bal, 50 payment. 1%??? Did they change it? they said you are allowed to prepay this card like an installment loan. EG: I overpaid 100 last month, so this month my 150 payment is now 50. Now I understand what they're doing. When I'm paying interest, they're trying to keep me paying more interest as I pay less money in future months... If I pay less than my normal payments. But I've just NEVER seen payment reductions on credit cards. anyone else?
