Credit Card Upgrade Offers

Author: TVJournalist
Joined: 07 May 2004
Posts: 1
Posted: Fri May 07, 2004 2:50 pm
Post subject: Credit Card Upgrades

Hello, My name is Julie, and I'm a TV producer working on a consumer credit card story. Apparently, credit card companies offer upgrades through the mail all the time- you know from gold to platinum cards. But sometimes they used those upgrades as an opportunity to restructure your contract. THAT COULD MEAN higher fees or different terms for you. If this has happened to you and you want to help educate others about this, please reply

Thanks,
Julie

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Author: NightStar
Forum Moderator
Joined: 07 Nov 2003
Posts: 2135
Location: Illinois
Posted: Fri May 07, 2004 6:52 pm

I am not sure if you would call mine an "upgrade" but recently Capital One on K-Mart accounts, decided to switch all of their members to dues paying. So a fee of about $5.00 per month is being added to the billing statements. Since the K-Mart stores are having financial problems, they have decided to make all their customers pay more.

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