Beware of FIRST NATIONAL, South Dakota!
First National Savings/Credit of South Dakota is utilizing a single application form, from which it issued me both a VISA and a MasterCard (First Nat. Savings=MC, First Nat. Credit=VISA) with IDENTICAL terms and conditions. The VISA and MC's arrived in separate envelopes, but on the same day. Everything about the two cards are the same (phone numbers are different, but calls are routed into the same call center, with identical prompting and options).
Here's the BAD part — with both cards, you are:
* charged $155 for a $300 credit line!!! *
Payment is due to separate P.O. Boxes, but both to the 68103 zip code in Omaha. Both cards utilize identical billing statements, percent interest, terms & conditions — even the delivery packaging, fonts and advertising on the heavy stock paper in which the cards arrive are identical. The banks may legally be different, but the same organization is processing them and ripping people off all the same.
I called and told them (2 separate women in the same call center) that I didn't apply for either card (which I didn't), and was told I still had to fill-out a fraud form they'd both mail me.in the meantime, my credit report (from which I've been trying to raise my FICO score to buy my first home) takes a double hit because of these greedy gizzards.
Times are tough enough without having a greedy South Dakota financial concern making them even worse!
Major, heartless rip-off! Beware of these ruthless thieves!
Mike
Sacramento, California
U.S.A.
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