I received an offer from Credicorp stating that for $29.95 I would received a Gold Master Card with a credit limit up to $10,000. I said to myself great, I can put my business expenses on this credit card and then get reimbursed by my employer and a check written directly to the credit card. And at 12% interest that is not so bad.
As it turns out the credit card is not a master card that can be used everywhere. It is a catalog credit card which is only good on their merchandise. And by the way, I looked at their catalog and their prices are extremely high.
A bakers rack that I purchased at Service
Merchandise for $99.00 just last year, Credicorp advertises for $199.99. And a 5 piece matching dining room set which I purchased the same from K-Mart for $89.00 they are advertising for $299.99.
Now my intent was to pay for my customers dinners and lunches with this so called credit card. Should I have my customers eat this catalog. It is a terrible misrepresentation of what is actually being offered.
Lucille
Hallandale, Florida
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