Citibank was posting my payments late in order to collect interest. They also charged me late fees for 2 billing cycles when I was late one. Citi is engaging in fraud in order to generate revenue. I called them several times trying to fix the issue, my arguments with Citi ended up in yelling matches.
I had paid $200 over the full balance on time. Citi charged me interest based on the charges I made that month because I was late the month before. I asked them if other card companies engaged in this practice. After much arguing, the representative admitted that other credit card companies didn't do this.
Fishy, you betcha'. I had been a customer with them since they were called Associates Visa, a college card. They were bought out by Citi. College students Beware. I will happily join a class action suit against Citi.
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