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Reginald P. Smithers III, Esq.[_4_]

wrote:
On Jan 28, 7:41 pm, "Don White" wrote:
The nerve of them...
I had a small new charge of $24.60 show up automatically on my Dec statement
from Consumer Reports re the online service.
I forgot to pay the bill until 3 days after the due date... so...knowing I
had my camera purchase and moms books to come re Christmas, I decided to pay
the entire balance when the updated January bill arrived.
It came today and I noticed a $7.41 interest charge..which just didn't seem
right on a credit card with a 12.9% annual interest rate.
I called to complain and they informed me that I was being stung for
interest on the original late $22.60 PLUS my new purchases of $609.48.

It was bad enough that they called yesterday looking for the 'late payment'
and the girl couldn't even confirm that they were still charging me the
$39.00 annual fee.
I looked back and sure enough...it showed up in June.
Anyway..even a mild mannered Canadian can only take so much.
I told her to take the interest off the new purchases or cancel the card
right away.... she chose to cancel.
Good riddance to Citibank....maybe they'll go teats up after they squander
their share of the bailout money.
And yes...I adjusted the final payment to reflect interest on the
outstanding balance less that charged on the new purchases.
They'll have to come up here and squeeze the $7.00 out of me.

Note: as confirmed by the 1st clerk...my credit is perfect......... (or at
least *was* if they follow through on their threat to send the o/s $7.00 to
the credit bureau)

Lesson learned.. Read the contract, oh yeah, then pay your ****ing
bill. You're supposed to be the big boy here...snerk

I have been late many times, either because of a mistake in my EFT, or
because the statement got lost on my desk and I didn't see it till after
it was due. I have called up Citibank and without any questions asked,
they refunded my late fee and all interest.

The only time they don't refund the money is if they think the customer
is marginal, and they don't really want them.