Virginia lender Capital One is accused of unfair, illegal and fraudulent practices regarding its credit cards and rewards in a proposed lawsuit.
The requested case he says Capital One wrongfully blocked the credit card accounts of the plaintiffs, who include NTech Consulting LLC and Nikhil Navkal.
According to the lawsuit filed, Capital One also refused to release rewards that had already been legitimately received by the plaintiffs after they closed their accounts.
“Plaintiffs and Class Members received credit card rewards using their Capital One rewards cards but were denied their credit card rewards when Capital One charged their credit cards in accordance with the unclaimed rewards policy.
According to the lawsuit filed, Capital One’s actions constituted a breach of contract because the plaintiffs fully complied with their credit cards.
“Capital One’s policies and actions in denying and denying Plaintiffs and other cardholders in the Class who received their credit card rewards in breach of contract (including breach of duties of good faith and fair dealing), are fraudulent and unfair and result in unjust enrichment to Capital One.”
The lawsuit also alleges that Capital One closed the plaintiffs’ credit card accounts without informing them of the reasons. Among other things, the plaintiffs in the proposed lawsuits are seeking punitive damages against Capital One.
This case is intended to be tried by jury.
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