Extremely Frustrating Experience with post office credit card 50 days
Extremely Frustrating Experience with Capital One from 50 days
Dear Capital One Customer Service Team,
I am writing to formally escalate my concerns regarding the recent issues I have experienced with my balance transfer attempts involving my Capital One (Post Office MasterCard) account. Background First Balance Transfer – October 2024: On 24th October 2024, I initiated a balance transfer of £742.78 from my HSBC card to my Capital One card. The transfer was reversed without any communication or notification from Capital One. Despite the reversal, Capital One failed to notify me of the transaction failure or provide reasons, leaving me unaware of the issue. Second Balance Transfer – November 2024: On 26th November 2024, I initiated another balance transfer for the same Capital One card. As of 4th December 2024, the balance transfer still appears as "pending" in my Capital One account, despite HSBC confirming that the transaction was successful.
Due to these issues, I had to spend an entire day contacting both HSBC and Capital One customer service multiple times to resolve the problem.
Below is a summary of the calls made on 4th December 2024:
To Capital One: 7:21 AM for 4 minutes 10:00 AM for 27 minutes 11:23 AM for 26 minutes 12:38 PM for 57 minutes
To HSBC: 8:01 AM for 3 minutes 8:05 AM for 8 minutes 8:34 AM for 2 minutes 8:41 AM for 4 minutes 8:48 AM for 2 minutes 10:37 AM for 40 minutes 11:52 AM for 41 minutes 1:49 PM for 26 minutes 2:53 PM for 10 minutes 3:08 PM for 2 minutes 3:45 PM for 2 minutes 4:12 PM for 1 minute 4:19 PM for 31 minutes This does not include the additional calls my husband made to assist with resolving the matter, nor the stress and disruption to our work and vacation.
Key Concerns Lack of Communication: Why was I not notified when the October balance transfer failed? Why was no reason provided for the failure? If transaction issues occurred due to Capital One’s systems, it is your responsibility to inform customers. For the November transfer, there has been no proactive communication from Capital One regarding the delay in processing the funds. Delays in Processing: The second balance transfer has been pending for over 8 days. Capital One’s systems have not credited the funds, despite HSBC showing the transaction as successful. Your customer service representatives gave conflicting responses, suggesting I should contact HSBC for fund tracking or request manual credit. These responses only added to the confusion. Customer Service Challenges: On 4th December, I spent several hours on the phone with both HSBC and Capital One, making multiple calls to resolve the matter. This has caused undue stress, disrupted my personal and professional life, and wasted my time. The responses from Capital One’s customer service were unhelpful and lacked clarity, compounding my frustration. Financial and Emotional Impact: Both HSBC and Capital One have generated statements with minimum payments due. This situation forces me to manage funds for two cards, causing unnecessary financial strain. The stress, inconvenience, and disruption caused by this avoidable issue have significantly impacted me and my family. Resolution Requested A detailed explanation for: The failure of the October balance transfer and the lack of communication about it. The delay in processing the November balance transfer and why the funds have not yet been credited. Immediate action to ensure that the November balance transfer is credited to my Capital One account without further delay. Compensation for: The stress, inconvenience, and disruption caused by Capital One’s lack of communication and delayed processing. The significant time lost on prolonged calls to resolve this matter. Assurance that Capital One will implement better communication practices to promptly notify customers about transaction issues in the future. Attachments I have included the following documents for reference: Proof of calls made to your customer service on 4th December 2024. Statements from both HSBC and Capital One reflecting the current status of the balance transfer. This situation has been deeply distressing and entirely avoidable with proper communication and prompt processing. I urge you to address this matter urgently and provide a resolution along with appropriate compensation for the inconvenience caused.
Yours sincerely,
Mrs. Sai Roopa Mulakala
+44 07492948454
Date of experience: 26 October 2024