Orchard Bank Credit Card Annual Fee Hike
Guest: cliodhna
Post subject: Orchard Bank Credit Card Annual Fee Hike
Posted: Thu Jun 15, 2006 12:46 am
I have had a MC fm orchard for several years @ a $59 annual fee. Today, I received a notice that they are increasing my annual rate to $99 based on my credit info. i will definately be inquiring about that. My question is, however, if I already paid an annual fee in Nov 2005, how can they charge me another annual fee as soon as August 2006 - 3 month prior to the end of what I have already paid for!?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: NightStar
Board Monitor/ Administrator
Posted: Thu Jun 15, 2006 11:08 am
I don't know, have you tried calling customer service to talk to them about the early charge.
_________________
Best Regards,
Pammila Phillis
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
Sign up for our free monthly e-mail newsletter!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Brammy
Posted: Thu Jun 15, 2006 1:45 pm
Annual fee means just that Annual. This bank has questionable practice across the board since the takeover. The least of which not being the interest rate increase across almost all their lines of up to 7% for no good reason. I would contact Cs and let them know that this fee was paid 9 mos ago and that it isn't due for another three months. You have, in essence, prepaid for the use of this card. New T&Cs should take effect after that period. In the meantime, I would try to get credit with someone else if possible.
I was complacent having the Household Master card but got angry when I was rate jacked. I hadn't applied for any other cards in the three years since I had been with them and was surprised to get a very good offer. So it was bye bye HSBC.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Post subject: Orchard Bank Credit Card Annual Fee Hike
Posted: Thu Jun 15, 2006 12:46 am
I have had a MC fm orchard for several years @ a $59 annual fee. Today, I received a notice that they are increasing my annual rate to $99 based on my credit info. i will definately be inquiring about that. My question is, however, if I already paid an annual fee in Nov 2005, how can they charge me another annual fee as soon as August 2006 - 3 month prior to the end of what I have already paid for!?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: NightStar
Board Monitor/ Administrator
Posted: Thu Jun 15, 2006 11:08 am
I don't know, have you tried calling customer service to talk to them about the early charge.
_________________
Best Regards,
Pammila Phillis
Board Monitor
http://www.CardRatings.com
20K+ Credit Card Reviews
Sign up for our free monthly e-mail newsletter!
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Brammy
Posted: Thu Jun 15, 2006 1:45 pm
Annual fee means just that Annual. This bank has questionable practice across the board since the takeover. The least of which not being the interest rate increase across almost all their lines of up to 7% for no good reason. I would contact Cs and let them know that this fee was paid 9 mos ago and that it isn't due for another three months. You have, in essence, prepaid for the use of this card. New T&Cs should take effect after that period. In the meantime, I would try to get credit with someone else if possible.
I was complacent having the Household Master card but got angry when I was rate jacked. I hadn't applied for any other cards in the three years since I had been with them and was surprised to get a very good offer. So it was bye bye HSBC.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 5:13 PM
0 Comments:
Post a Comment
<< Home