Capitol One Platinum Credit Card - attempt to get cash advance within 30 days of opening account resulted in fee and lowering of credit limit from 10,000 to 900

Complaints.com received the following consumer message on August 22, 2002:

From: JESSICA HOLLAND [Email User]

RE: Capitol One Platinum Credit Card - attempt to get cash advance within 30 days of opening account resulted in fee and lowering of credit limit from 10,000 to 900

I opened a Capitol One Credit Platinum credit card this year with a stted limit of $10,000.

When I tried to withdraw cash while on business trip I was declined and then told by Capitol One that by trying to receive cash within 30 days of opening the account I was in violation of their agreement and my limit had been reduced to $900.

After an exhaustive discussion with three supervisors I closed my account and then paid my full balance.

When I received my last statement there was an overlimit charge for $29. When I called to explain that when I was using the card i wasn't informed my limit had been lowered and that I would like the $29 credited. They said that since I had paid already and closed the account that they couldn't help me.

I will never work with Capitol One again and I urge anyone who is running a business to not work with them either.