[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

The Attack on the USS Liberty (June 8, 1967) - Speech by Survivor Phillip Tourney At the Revisionist History of War Conference (Video) ‘I Smell CIA/Deep State All Over ThisÂ’ — RFK Jr. VP Nicole Shanahan Blasts Sanctuary Cities, we see peaceful protests launching in Los Angeles” - Democrat Senator Cory Booke We have no legal framework for designating domestic terror organizations Los Angeles Braces For Another Day Of Chaos As Newsom Pits Marxist Color Revolution Against Trump Admin Methylene Blue Benefits Another Mossad War Crime 80 served arrest warrants at 'cartel afterparty' in South Carolina When Ideas Become Too Dangerous To Platform The silent bloodbath that's tearing through the middle-class Kiev Postponed Exchange With Russia, Leaves Bodies Of 6,000 Slain Ukrainian Troops In Trucks Iranian Intelligence Stole Trove Of Sensitive Israeli Nuclear Files In the USA, the identity of Musk's abuser, who gave him a black eye, was revealed Return of 6,000 Soldiers' Bodies Will Cost Ukraine Extra $2.1Bln Palantir's Secret War: Inside the Plot to Cripple WikiLeaks Digital Prison in the Making? In France we're horrified by spending money on Ukraine Russia has patented technology for launching drones from the space station Kill ICE: Foreign Flags And Fires Sweep LA 6,000-year-old skeletons with never-before-seen DNA rewrites human history First Close Look at China’s Ultra-Long Range Sixth Generation J-36Jet I'm Caitlin Clark, and I refuse to return to the WNBA Border Czar Tom Homan: “We Are Going to Bring National Guard in Tonight” to Los Angeles These Are The U.S. States With The Most Drug Use Chabria: ICE arrested a California union leader. Does Trump understand what that means?Anita Chabria White House Staffer Responsible for ‘Fanning Flames’ Between Trump and Musk ID’d Texas Yanks Major Perk From Illegal Aliens - After Pioneering It 24 Years Ago Dozens detained during Los Angeles ICE raids Russian army suffers massive losses as Kremlin feigns interest in peace talks — ISW Russia’s Defense Collapse Exposed by Ukraine Strike

All is Vanity
See other All is Vanity Articles

Title: Another Strange Day: CitiBank Increased my Rate from 4.99% to 18.99% Today
Source: Here at 4um
URL Source: [None]
Published: Nov 9, 2009
Author: buckeroo
Post Date: 2009-11-09 20:15:34 by buckeroo
Keywords: None
Views: 2396
Comments: 74

I received a letter today from CitiBank about the credit card I have with them. It is a Diamond Rewards Preferred Card (the black stealthy looking one) that has a credit ceiling beyond $25K.

They have changed their rates on my account from 4.99% to 18.99%. I called their HOTLINE and they say I am an excellent customer with an excellent account with excellent credit and there is nothing they can do about it. That within the current business climate, they MUST remain competitive by extending credit to all customers.

Two months ago American Express did the same. And three months ago, Discover Card simply canceled my cards for lack of usage.

I have come to the realization that other than business purposes there is no reason for credit cards. Yet, sometimes I can not use my bank debit card at local restaurants and businesses without fees or outright decline.

I am afraid, that credit consumerism in America is all but over, even for the most responsible of us.

Post Comment   Private Reply   Ignore Thread  

Begin Trace Mode for Comment # 54.

#15. To: buckeroo (#0) (Edited)

We closed all of our credit card accounts a month or so ago for the exact same reason. My parting comments to them was "fuck you very much." childish yes but it pissed me off that they would dick me like that after 20 years of being a responsible customer. Now if I need plastic I use my debit card.

Yet, sometimes I can not use my bank debit card at local restaurants and businesses without fees or outright decline.

I've never been charged a fee for using my debit card nor has anyone ever declined it. I guess I've been lucky so-far.

F.A. Hayek Fan  posted on  2009-11-09   20:52:35 ET  Reply   Untrace   Trace   Private Reply  

Yet, sometimes I can not use my bank debit card at local restaurants and businesses without fees or outright decline.

I just do not understand this, the only declines we ever have is when the carrier has cut off the account.

We get nicked 3.53% on a average cc use - that is substantial, esp on a pack of cigs where our margin is 17% or so. Off hand I guess we pay the CC companies $1,900/year on a guesstamated $330,000 revenue. They are BS artists of the first order.

tom007  posted on  2009-11-09   21:12:26 ET  Reply   Untrace   Trace   Private Reply  

buckeroo: Yet, sometimes I can not use my bank debit card at local restaurants and businesses without fees or outright decline.

Hayek Fan: I just do not understand this, the only declines we ever have is when the carrier has cut off the account.

Au contraire. Local businesses don't want to pay the 3% overhead anymore.

buckeroo  posted on  2009-11-09   22:03:58 ET  Reply   Untrace   Trace   Private Reply  

Local businesses don't want to pay the 3% overhead anymore.

That's why I ALWAYS ask local guys what is their cash discount...if they don't offer any, I jam them with some plastic with reward points.

Most are smart enough to see the advantage.

Lod  posted on  2009-11-09   22:09:19 ET  Reply   Untrace   Trace   Private Reply  

Check this out: Weird CitiBank Maneuvers We ( certainly not myself ) are not alone.

buckeroo  posted on  2009-11-11   1:18:50 ET  Reply   Untrace   Trace   Private Reply  

        There are no replies to Comment # 54.

End Trace Mode for Comment # 54.

Top • Page Up • Full Thread • Page Down • Bottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]