Contractual CL increase - geez

Discussion in 'Credit Talk' started by Kelly, Apr 1, 2002.

  1. Kelly

    Kelly Well-Known Member

    Received Hubby's 1st Premier Card bill today

    Here's what it said:

    Your Credit Limit has been increased to $750. Per your contract, a one-time credit limit increase fee of $25 will show on your next statement. Please call 1-800-987-5521 with any questions.


    I almost missed it. I thought it was an advertisement. We did not request a credit limit increase. Is this something new. We have to call them and say we don't want to accept the increase and fee.

    $25 for $150 increase - no way!
     
  2. Illini

    Illini Well-Known Member

    NO KIDDING!!

    That's a rip.
     
  3. GEORGE

    GEORGE Well-Known Member

    I will take the $150 credit limit increase with-out your rip off fee of $25!!!

    Sounds like a book club...ten books for $1.00 then we send you a new book every month @ $39.95...the same on that is $12.97 at WAL*MART...AND IT IS A BOOK YOU DON'T WANT...
     
  4. Kelly

    Kelly Well-Known Member

    What burns me up is the fact that we did not request a cl increase. In fact, this card is next on the cancellation list. Now we have to call them to refuse the increase and fee.

    Maybe I should just write a letter, they'll probably talk hubby into buying some ins or something. lol
     
  5. GEORGE

    GEORGE Well-Known Member

    I "MIGHT" be willing to pay $25 for an increase of $5,000...
     
  6. lynn112

    lynn112 Well-Known Member

    I have to say that i agree with you.$25 is just a little much for only $150 credit limit increase.
     

Share This Page