I have had a card from First USA for a couple of years. I have a balance of close to $3,800.00. My interest rate was 19.99, which applied to my past purchases. Today, I got a letter in the mail which said that my new interest rate was going to be 23.99, and this would apply to past purchases as ...
Previous Stability was settled entirely. Fund charge included was $2.19. The Grace Period section states: Grace Period (atleast 20 times): We accumulate regular fund costs on the deal, charge, financing cost in the evening it's put into your daily balance until cost entirely is obtained in your ...
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 ...