PENALTY "CLOSED" ACCOUNT RATE...24.99% How are they "HURT" by you closing the account??? You better pay it OFF before you close it!!! IMPORTANT ACCOUNT INFORMATION ENCLOSED
I guess their FEELINGS are HURT!! (I really don't think they have any feelings, it just seemed like a logical reply). I guess they're hurt because they can't make any more money off of your transactions, like the merchant fees. And since it's closed, maybe they think you have no where else to go and you'll have to pay their exorbitant rate. The lesson learned must be "Sock Drawer Until Paid!"
Closing your account interferes with their attempts to capriciously raise your rate. Until now, the one way to avoid a rate increase that violates your agreement has been to close the account and pay off the balance at the old rate. This is their "insurance" that you won't exercise your legal rights.
I'm not following you. You closed your account not because they sent you a notice of change in terms of the agreement where they usually give you the option to close it and keep the existing terms, but just because, even though you had a balance and then they declared you in default because you did that?
NO...your not COMPREHENDING... They sent the notice...I did NOT close my account...it is still open... BUT "IF" you do close it...you are in DEFAULT and you pay 24.99% "IF" you have a balance remaining... HAD I BEEN "JACKED" TO 24.99% THAT WOULD HAVE BEEN A DIFFERENT STORY...
WOW! I mean WOW!!!! What was the rate if you kept it open? I'm sure they offered you a great deal. Like 23.99%? That is even more repulsive than the fleet agreement under which you are in default if you DIE.
George, My DH was approved for a Chase with $1000 limit, we want a high limit card to transfer balances to, should we call and ask them for a higher balance or reject the card?
Re: Re: BANK ONE copied FLEET 13.90% TODAY... GOING UP TO 14.24% SAME NOTICE... It is a UNITED VISA CARD...SO NO INTEREST IS EVER PAID!!! PAID IN FULL!!!
Re: Re: BANK ONE copied FLEET I DUMPED CHASE... I had them for 3 years... NO LIMIT INCREASE EVER FAKE 30 DAY LATE DENIED A SECOND ACCOUNT BECAUSE OF THE FAKE 30 DAY LATE "JACKED" ME BECAUSE OF THE FAKE 30 DAY LATE...REFUSED TO "UN-JACK" ME... Is it a "TOY" card??? 80%-90% under your lowest credit limit??? Call and ask "IF" they really intended to give you a "TOY" card (PERMISSION TO USE "TOY" CARD---GRANTED) They MAY or MAY NOT change their minds... If they say no...and you don't need it...CLOSE IT!!! ...or just SOCK DRAWER IT!!! Use it for the lawnmower gas can 2 times per year...
