Quote:
Originally Posted by ThomasV
I have the same card as you, ksr. I was able to use $3200 worth on my 2007 Silverado.
They included a notice with my last invoice saying the interest rate for past due balances would now be 30%??? I always pay off the balance each month, but I was like whoa. That along with other issues I've had with them, I've decided to not use the card anymore.
So, I've been shopping for a different credit card that allows me to use "points" with more options, like a different make of car, or a trip, etc. Any recommendations? My g/f has a Discover card, but I've discovered that it's not accepted by many merchants.
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30% is nuts.
Obviously they're just trying to force you out of the old program. I don't recall seeing that notice, but I'm sure they'll bump my rate up too.
They'll never see a dime of interest money out of me.
After I buy my next car, which may be a couple of years off, I'll probably drop the card.