Re: Credit Card Question

You got that right. No one with good credit should be paying a fee. Period. I don't know why they start playing these games with good customers. Of course these days I'm not so sure they consider those who pay in full monthy good customers or not - they don't get to make their outrageous interest rates

Barbara Carlson wrote:
Actually my Capital One Card is my lowest interest, and no fee, and no extra % charge for cash advances.

I hate their ads, but their card is the best one I have. I am not happy with BA--am going to cancel it out. Incidentally when you call to cancel a card they make you all kinds of better offers to keep you, so try calling Chase and telling them you are going to cancel the card. They will do their best not to let it happen. And, don't take their first offer. Start opening those offer you get every week, and tell them what those offers are--I think you'll be surprised what they do. Of course, they really do not want people who pay their account off every month anyway--that costs them!

I would not have any credit card that charged an annual fee--there are plenty that don't.

Barb C.
"The Other Kim" <mjg@xxxxxxxxxxxx> wrote in message news:4tbtqmF13jlofU1@xxxxxxxxxxxxxxxxxxxxx

I'd start shopping for a new credit card. This sounds like punishment for paying your bill in full every month. The cards we've used throughout the years have always added finance charges right away on any transferred balances from old cards but never on new purchases. We currently have cards from CItibank and B of A (was MBNA but was recently transferred), and neither adds finance changes if we pay in full.

I also have a couple of cards I never use but are still open. One is with Capital One, and they used to charge me an annual fee until I called to cancel the card because of it; they waived the fee so I kept the card, even though I haven't used it in years and have no plans of using it.

The Other Kim
kimagreenfieldatyahoodotcom

"Margie" <nomoremargiesjunk@xxxxxxxxxxxxx> wrote in message news:dd11n29ep6b983ks9d57bju1m5b4atbb1g@xxxxxxxxxx

For many years I've used only one credit card -- a Southwest Airlines
Visa through Chase. The annual fee is pretty low and I usually score
2-3 free Rapid Rewards coupons per year, which works for me because
most of my travel is on the West Coast. I always pay my full balance
each month. Of course, I never look at the inserts that come with the
bill, but this month I happened to notice a "finance charge" and then
read the "notice of changes in terms." It appears they are now
assessing a finance charge from the DAY THE PURCHASE HITS YOUR
ACCOUNT, i.e., no grace period to pay in full without finance charge.
I have no idea how long this has been going on or if it is new this
month. It seems highly unusual and unfair to me, and I'm wondering if
this is now SOP for credit card companies. I get credit card offers
virtually every day in the mail and shred them without opening them.
Now I'm wondering if I should start shopping around for a new credit
card. Don't have the time or energy to call Chase directly yet (but I
will). Meantime, just wondering if anyone here has experienced
something like this.

Margie




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