I too am a victim of Bankone increasing my interest rate suddenly. I had a rate of 9.9 percent and I did receive a notice that my rate was going to increase to 26 percent. If I did not want to pay this I could write them and tell them I did not accept the new terms and I could keep my current rate. ...
I have had a First USA/BankOne card for several years. We had an interest rate of 8.49% on our card and made all our payments on time and paid more than the minimum amount due. However, because we had high credit (from opening our own business) they increased our rate to 24.99%! When I called to ...
$60 monthly finance charge jumped to $460. I called to inquire and they stated I was sent a letter in February. I don't remember this letter that purportedly advised that when the promo 1.9% rate ended I would be paying 27.99%. I plan to contact our state attorney general's office and call First ...
BANK1ONE in association with TLG*SHOPPERADV charges your credit card account $89.99 for shopping membership without your consent. I notified the company (TLG) and inquired as to why I was charged and who authorized this. I was told that I cashed a $2.50 check which authorized the service, but they ...
I got tired of the high interest and late charges so I decided to pay out the current balance. I paid the new balance shown on the statement PLUS $200 more on one account and $90 more on another. Separate checks were sent. They were received and credited before my due date. I was still charged ...
I too was supposedly sent the same letter in Spring of 2003 about the raise in my interest rate and the ability to "Opt out". I never got it. My original rate was approx. 10.99 percent 5 years ago and now it is 21.99%. It was nearly doubled! I have never paid late in the last five years, ...