FIA Card Services
Interest Rates

Business & Finance

The Credit Union of Florida recently offered their MasterCard company to FIA providers. I recently obtained a notice from FIA declaring these were increasing my rates of interest to 19.99%, a-7% increase. I've a great credit rating and also have been with this specific charge card since 1983. FIA mentioned within their notice that, "included in the Annual Percentage Rate Increase Modification choice, we acquired customer survey info..." After I named, I had been informed they were increasing prices for everybody aside from credit ratings. After I questioned how that would be they stated that the price of cash had increased. After I recommended the National Discount Price was at 0.5% while this past year it was at 2.50% when it had beennot seen fit to boost the card price, I was informed that used to donot understand what I was referring to. I subsequently recommended they may be attempting to protect down on poor loans by increasing their revenue about the shells of others. Try to escape out of this draconian organization as quickly while you may and inform everybody the things theyare doing. I terminated my card and certainly will spend it down in the lower-rate. What're they considering?


Company: FIA Card Services
Country: USA
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