Capital One Platinum Costco MASTERCARD Consumer Reviews

My card was recently declined by two vendors. Capital One will not provide a reason for this, and in fact, did not warn me that it would be declined in future transactions. My card doesn't expire until the end of this month and they haven't sent me a new card. I always pay the total due each month and I am no way near my credit limit ($17,000). They simply decided that they didn't want me as a customer (for whatever reason I don't know). I have emailed Costco about this but Costco has not responded.

I still can not " forgive " Costco for switching from Amex to Capital One ! If you try to compare PLATINUM service of American Express with Capital One - there is no service at Capital One . When I applied for the card ( when Costco just started to offer it ) I picked the option to be notified by email if there is any big transaction appeared on the card ,no worries I am getting them but 3 to 4 days after transaction !!! Just to compare -Amex - the same day . When you do your payment it will take minimum 3-4 days ( most of the times 5-6 days ) to see money on the card ( Amex will notify you next day early morning that they received your payment ) , Try to increase your limit ....... and it will be the last drop . I can go on and on and on . If I could give a half a star I would , plus I would lower Costco rating too because of that card. DO NOT DEAL with Capital One , save your nerves .I am closing it.

Requested an adjustment on excessive fees, almost $300 in 9 weeks, for cash withdrawals caused by low withdrawal limits on overseas ATM's. Total refusal to hear my problem. Disgusted, I closed account and now they blackmail me by withholding my $180 cashback earned as well. Great customer service, would not recommend this bank or credit card to anyone!

Costco capital one mastercard provides very poor service. I made the full payment of $6000 one week earlier than due date, still they withdrew another payment from my account on due date. When I callled, they are not willing to refund money. It is poorly managed card, planning to cancel it. Also very hard to increase credit limit for this card as compared to other credit cards.

The card is okay currently. Will not work in mobile wallets. Fees are high. Today received updated agreement. All fees are increasing across the board. No additional services. Just increased fees. Pretty poor relationship and service to offer. Nothing but slam existing customers for being customers.