Credit Tips: Credit Card Smart Chip Technology

Posted On: August 1, 2006

Author: Damaeus
Posted: Thu Jun 19, 2003 2:55 pm
Post subject: Providian Drops Smart Chip Technology

I just got my replacement card from Providian today. I’m franky surprised they didn’t just cancel my account since I was one of the ones who had their interest rate jacked from astronomical levels to etherical levels. Anyway, the notice I got said that the smart chip technology didn’t catch on with merchants as Providian thought it would, so they dropped it altogether. Kind of sad, really. I thought it made the card look rather cute. But my card is still transparent, and that usually gets an “Oh, WOW! A see-through credit card!” from the cashiers.

Author: sisflomi
Posted: Tue Nov 11, 2003 12:45 am
Post subject:

Providan does a lot of strange things. Add this to the list.

Author: capepuffin
Posted: Tue Nov 11, 2003 1:40 am
Post subject: Credit Card Smart Chip Technology

Providian bites the big one in my book! They messed with me too much. I almost took them to court but wasn’t up to it at the time.

They promised me one thing and did yet another

Still on the battlefield with them!

Author: ET
Posted: Thu Nov 13, 2003 5:14 am
Post subject: Credit Card Smart Chip Technology

I received the letter about the raising of my interest rate like a lot of other people did. They said if I made all my payments on time for a year, they’d reduce my interest rate, which is going to end up being a little higher than it was when I first got the card, but not as high as it is now. Well, I’ve made all my payments on time and I haven’t gone over the limit I received their letter on October 31, 2002. Let’s see if they’re going to hold up their end of the bargain.

Author: ET
Posted: Thu Nov 13, 2003 5:17 am
Post subject: Credit Card Smart Chip Technology

Oh, I goofed. Actually the letter I received was dated September 27, 2002. It said I had to make all my payments on time for the next twelve consecutive months (something I had not failed to do in the past, I might add) and in December 2003, they will review my credit and decide whether or not I’m eligible to receive a lower interest rate. If I am, then they’ll give me that lower high interest rate starting in January 2004.