Advanta Bank
Advanta, Bait and switch. Raised rate from 2.99 to 28.00 for no reason

Business & Finance

I was also a victim of this highly unethical Bank that offers a low start rate, claiming it will last much longer and then raises the rate 10 fold. My initial rate was 2.99 and raised to 27.18. I have perfect credit and have never paid any payments late. I was told I had been pre notified by mail (never was) and had the option to opt out? Now I'm stuck with payments multiple times higher that initially promised. This is a great example of why banks cannot be trusted and should be highly regulated. I would advise to close any accounts with this company, payoff or transfer to another company.

Where is the Congressional action that had been promised for this blatant
consumer abuse?


Company: Advanta Bank
Country: USA
State: Utah
City: Salt Lake City
Phone: 8007057255
Site: advanta.com
  <     >  

RELATED COMPLAINTS

Advanta Bank
Overcharged

Advanta - Annual Percentage Rate Is Currently 36.310% (now LIBOR 32.59)
They just raised my rate to 36.310%

Advanta Bank
Overcharged

Advanta Bank Corp
Raised my interest rate due to banks erro

Advanta Bank
Interest Rate raised on customer who was not late and still has high credit scores

Advanta Bank Corp
Promised 7.9% business ccard, but raised the rate to 45%

Advanta Bank Corp
Raised my rate by 5 times - I have been a customer for 5 years

Advanta Bank
Raised Interest to 38% even with perfect payment history

Advanta
Advanta increased my rate to above 30%. I have a 780 FICO. Get your Advanta APR lowered to something reasonable

Advanta Bank Corp
Ripoff outlandish ripoff late fees