I was bored, so I decided to surf to a bonafide dog card site. MikeB, I remember, does not have lovely glowing reviews of DMB if I recall...LOL! I visited their array of cards - such selection - my word, I was surprised! AND, I was almost sweating when I saw a 2.9% intro rate flashing on the great www.directmerchantsbank.com site! I clicked on all the fabulous cards - anything from standard dog to plat top dog to HOT DOG! The Rate Rewards Logo is proudly displayed as one of the card options. If you pay your bill on time, evfery six months, DMB generously reduces your CREDIT CARD RATE BY 1% !!!!! I went to Terms and conditions for the RR Card - if they send you offer #3, the current rate is 22.24% !!!! Let's see, reduce my rate by 2% A YEAR! Hmmmmm...Eleven years later....ten years later...5 years later...er...ah...scratch scratch pant!LOLOLOL! They have a flexible cash advance rate of 27% and a cash advance fee of 4% - no cap! Cap One is 9.99% NOW and will probably drop because of prime rate at 5.5% RATE REWARDS - you can change the name, but the trip on the great path of concrete of life can never be detoured! AROOOOO - Dogman
dogman Cap One is 9.99% NOW and will probably drop because of prime rate at 5.5% ------------------------------------------------------------------------------------- Do you really think so???
Right. "REWARDS" is a term open to interpretation - it has a different meaning with DMB! Like that cash rate of 27% and 4% tranaction fee. take out 1K - transaction immediate fee $40! which instantly starts accuring at 27.xx%! End of month, balance maybe $1080 to pay back to zero - for thirty days use! RATE REWARDS - impressive, huh! c ya dogman
The No Hassle Card came with 9.9% FIXED. George, actually, it may stay at 9.9%. I expect all the variable cards will drop quickly. People are not in the mood to spend - ME included! c ya but excellent question. the variables will drop on the cards you have - you know - the reputable brand name cards? LOL! aroo dogman
