I recieved a First Capital Card (ie. Capital Credit Alliance (C.C.A. Card). I contacted First Capital, and according to the representative there, they have no subsidary company by this name, nor do they endorse this offer. I called the "activation" #. Really the offer sounds good... Sort of... You get upto $6500 credit to purchase items from catalogs w/in their list of merchants.
The ad doesn't specify how much you pay up front, but it does tell you this "we'll offset our standard membership fee of $200 by giving you $200 in credit with your first purchase over $300...". Then it reads on..."We'll also give you another $100 in credit with any other purchase over $200 to offset our standard $99 annual fee". Hmmm... I was curious... I called... I came right out and asked, "How much would my membership fee be?"
It took several re-directed answers before I could get the guy to finally admit it was $200. Neither he nor his "supervisor" could tell me how often I had to pay that $200 (ie annually, one time, etc...). I did find out that the annual fee was $99. Other "catches"... You have to provide them with your bank account information & that "legally" obligates them to debit the full amount of your account balance anytime the balance becomes overdue.
Knowing that, I question why they have a transaction fee for paying late of $15. Maybe they tack $15 on when they just debit the full balance, huh? I asked about a website from the 1st guy. Yeah, we have one, but i can only give you the site info if you were a member.
The "supervisor" said they don't even have one. Definately sounds fishy... I would steer clear of this one. You already have one report on them... Don't know if you want to add to it, or just do mine as another one.
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