New Capital one classic visa credit card?Will payments increase?

If you don't spend any more on the card, your minimum payment will stay around the same to be honest!! It won't increase, but it won't exactly go down. Here is a useful tool, it's a minimum repayment calculator, it basically tells you how much you will repay in interest and how long it will take you to clear the balance if you only ever make the minimum payment

http://www.moneysavingexpert.com/cards/minimum-rep...

Be prepared for a shock, even with your small balance!

Always pay more than the minimum. Hey, stuff breaks and we don't have lots of cash in our hands. 34.9% is highway robbery. I'd shop around for a different card. Some will offer a fixed lower rate on a balance transfer. If you do transfer the balance don't add anything more to the account if possible. That way you will keep the lower rate.

it will stay the same but when I have paid off my Capital one card I will never deal with them again. I have had the card for about 1 year and the credit limit never goes above £200, I had payment protection and when I became unemployed in january this year they did not honour the payment protection - It is AXA Insurance that deal with it and I send away a AB!1 form from the job centre every month but Capital one continue to phone me looking for payments which is now well over the limit, they add £25 default notice every month and I constantly tell them to contact AXA as they are dealing with in but trying to get someone who speaks english and understands the scottish accent is impossible, the phone number is a 0845 and expensive and when you call them it is to the Philippines. Yesterdays phone call was a bit better as the female is putting the details on the computer that AXA is dealing with it and today AXA sent me a letter looking for my previous work details, the company ceased trading in January and meanwhile the default money is still being added. I know I have went on a bit but I am so angy with Capital One and wouldn't recommend anyone to get involved with them.

Hello, (ANS) Be WARNED!! If you get involved with Capitol One. They are a dreadful company. Why!! do I say this? I used to work for a market search company based in Leeds and we used to interview many people over the telephone who had got themselves into debt. I started to see a pattern in these interviews they were all people who were on low incomes or had insecure employment situations or who had bad or damaged credit ratings. Capitol One definitely targets people who are a higher credit risk than any of the mainstream credit card companies or banks. **THE STING IS IN THE TAIL!!!! Once you have a debt or get into difficulty with Capitol one they can get VERY nasty indeed and will charge you an extremely high (exorbitant) rate of interest and they pursue customers relentlessly. **Make no mistake Capitol One is an extremely wealthy Mega-rich (profitable) financial organization. They are one of the few companies in the UK to own and run a Cray super computer and they don't come cheap. Ivan

Is the APR fixed? If so, the payment shouldn't change. Make the payments on time and try to pay more than the minimum - otherwise you will never pay it down.