Common sense prevails
Don White wrote:
As per my posts from last month about my treatment by Citibank over interest
on my mastercard......
today my March bill arrived with $1.84 more interest. I quickly called up &
asked what will it cost me to clear this folishness up & cancel my card.
the nice clerk immediately waived the $1.84 interest and passed me on to a
supervisor.
After hearing my story, she apologized and immediately offered me a $25.00
credit and informed me that the $39.00 yearly fee would be squashed.
Only bad thing... my interest rate jumps from 12.9% to 19%........
I agreed because I don't carry balances on my card.
I may...or may not use it anymore..I'll see.
Citibank is another of those badly managed oversized banks. The feds
ought to let the damned banks fail, take them over, and sell their
assets to teams of execs who can run a bank properly.
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