Comments on: Citibank increases rate on credit cards to 29.99% or cancels cards http://todayshottopic.com/2009/10/21/citibank-increases-rate-on-credit-cards-to-29-99-or-cancels-cards/ Today's Talk: Hot topics of today's international news and music Mon, 09 Jan 2012 16:10:45 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: CD http://todayshottopic.com/2009/10/21/citibank-increases-rate-on-credit-cards-to-29-99-or-cancels-cards/comment-page-1/#comment-11322 CD Thu, 28 Jan 2010 14:55:12 +0000 http://todayshottopic.com/?p=1326#comment-11322 You could really be a cardholder of citibank for decades, they really don't care about that and give no special treatment. BTW, I heard citibank was started back in 1915 or somewhere around that time and that is was part of the U.S. government...a state department bank. Anyone know anything about this? You could really be a cardholder of citibank for decades, they really don’t care about that and give no special treatment. BTW, I heard citibank was started back in 1915 or somewhere around that time and that is was part of the U.S. government…a state department bank. Anyone know anything about this?

]]> By: Sabrina http://todayshottopic.com/2009/10/21/citibank-increases-rate-on-credit-cards-to-29-99-or-cancels-cards/comment-page-1/#comment-11321 Sabrina Wed, 27 Jan 2010 21:46:35 +0000 http://todayshottopic.com/?p=1326#comment-11321 I just received my statement today with a min of $511 and an increase apr from 25.99 to 29.99, when I called and asked why the jump, she said I was latei n October...are you freakin kidding me.. your going to go back 3 months ago, and be like oh sorry we are increasing your apr. They won't do anything regarding my min fee. saying I was late 2 times in a 12 month period..are you serious?? I've been with citibank for years! and this is what they do to screw you. If I only had gone back and canceled them when I did a balance transfer to American Express. Aye...what do I do...I would love to close the card, but I don't want to be stuck with a certain amout per month, n then won't be able to make changes... I just received my statement today with a min of $511 and an increase apr from 25.99 to 29.99, when I called and asked why the jump, she said I was latei n October…are you freakin kidding me.. your going to go back 3 months ago, and be like oh sorry we are increasing your apr.
They won't do anything regarding my min fee. saying I was late 2 times in a 12 month period..are you serious?? I've been with citibank for years! and this is what they do to screw you. If I only had gone back and canceled them when I did a balance transfer to American Express. Aye…what do I do…I would love to close the card, but I don't want to be stuck with a certain amout per month, n then won't be able to make changes…

]]> By: Branna http://todayshottopic.com/2009/10/21/citibank-increases-rate-on-credit-cards-to-29-99-or-cancels-cards/comment-page-1/#comment-11308 Branna Tue, 29 Dec 2009 20:56:58 +0000 http://todayshottopic.com/?p=1326#comment-11308 I am being held prisoner by my loyalty to Citibank . All of my debt is held by Citibank (including student loans) so I can't even take advantage of the balance transfers, or threaten to take my business else wear without opening new credit cards. It was an extremely difficult decision, but I decided to fire Citibank (opt out). Afterward, it was like a weight has been lifted because now I am in control of my debt and my rate can't go up. It's great motivation to pay down the debt so they can't jerk me around and make anymore money off my fear of "what if I need the credit". I recommend it for anyone who can afford it! I am being held prisoner by my loyalty to Citibank . All of my debt is held by Citibank (including student loans) so I can't even take advantage of the balance transfers, or threaten to take my business else wear without opening new credit cards. It was an extremely difficult decision, but I decided to fire Citibank (opt out). Afterward, it was like a weight has been lifted because now I am in control of my debt and my rate can't go up. It's great motivation to pay down the debt so they can't jerk me around and make anymore money off my fear of "what if I need the credit". I recommend it for anyone who can afford it!

]]> By: Citibank increases rate on credit cards to 29.99% or cancels cards … Audio on me http://todayshottopic.com/2009/10/21/citibank-increases-rate-on-credit-cards-to-29-99-or-cancels-cards/comment-page-1/#comment-11304 Citibank increases rate on credit cards to 29.99% or cancels cards … Audio on me Sun, 20 Dec 2009 12:51:12 +0000 http://todayshottopic.com/?p=1326#comment-11304 [...] the original post: Citibank increases rate on credit cards to 29.99% or cancels cards … By admin | category: audio, card citibank credit student | tags: archive, audio, [...] [...] the original post: Citibank increases rate on credit cards to 29.99% or cancels cards … By admin | category: audio, card citibank credit student | tags: archive, audio, [...]

]]> By: Citibank increases rate on credit cards to 29.99% or cancels cards … Audio on me http://todayshottopic.com/2009/10/21/citibank-increases-rate-on-credit-cards-to-29-99-or-cancels-cards/comment-page-1/#comment-11302 Citibank increases rate on credit cards to 29.99% or cancels cards … Audio on me Fri, 11 Dec 2009 06:53:08 +0000 http://todayshottopic.com/?p=1326#comment-11302 [...] is the original: Citibank increases rate on credit cards to 29.99% or cancels cards … By admin | category: card citibank credit student | tags: college-debt, customers-names, [...] [...] is the original: Citibank increases rate on credit cards to 29.99% or cancels cards … By admin | category: card citibank credit student | tags: college-debt, customers-names, [...]

]]> By: Sri http://todayshottopic.com/2009/10/21/citibank-increases-rate-on-credit-cards-to-29-99-or-cancels-cards/comment-page-1/#comment-11295 Sri Wed, 02 Dec 2009 04:34:16 +0000 http://todayshottopic.com/?p=1326#comment-11295 Cant we do anything about this? I am a student recently graduated from college and clearing my college debt every month(I paid my fee and other college expenses with Citi Credit Card). Now, I am slowing clearing out the debt and am standing at a very high credit score. I was worried for a few minutes when I saw the letter indicating the APR increase ( i thought I forgot to pay the montly payment). But when I checked online everything was on time. I am so pissed off with this increase. They made my APR 3 times of what my current APR is! This is ridiculous. Infact, I am paying off my balances 2 -3 times in a month, whenever I find money in my checking account (so that I can get out of debt). This is gonna hurt me alot. Will the increase in APR mean interest calculated for previous outstading balance too? Or is it gonna be calculated for new purchases? I am not sure if I am going to be out of debt if such increases keeps on hitting me! Can't we do anything against this? This is so unfair for people who make their payments on time. Cant we do anything about this? I am a student recently graduated from college and clearing my college debt every month(I paid my fee and other college expenses with Citi Credit Card). Now, I am slowing clearing out the debt and am standing at a very high credit score. I was worried for a few minutes when I saw the letter indicating the APR increase ( i thought I forgot to pay the montly payment). But when I checked online everything was on time. I am so pissed off with this increase. They made my APR 3 times of what my current APR is! This is ridiculous. Infact, I am paying off my balances 2 -3 times in a month, whenever I find money in my checking account (so that I can get out of debt). This is gonna hurt me alot.

Will the increase in APR mean interest calculated for previous outstading balance too? Or is it gonna be calculated for new purchases? I am not sure if I am going to be out of debt if such increases keeps on hitting me!

Can't we do anything against this? This is so unfair for people who make their payments on time.

]]> By: DAVID http://todayshottopic.com/2009/10/21/citibank-increases-rate-on-credit-cards-to-29-99-or-cancels-cards/comment-page-1/#comment-11285 DAVID Wed, 04 Nov 2009 23:54:20 +0000 http://todayshottopic.com/?p=1326#comment-11285 WHY CITIBANK AND OTHER BANKS HAVE INCREASED INTEREST RATES IS DUE TO NEW GOVERNMENT IMPOSED LAWS THAT TAKE EFFECT IN 2010. ANY INCREASE IN A PERSON'S APR WILL ONLY AFFECT FUTURE PURCHASES AND NOT THE BALANCE AS OF A SPECIFIED GOVERNMENT DATE. ALSO, OUTRAGEOUS OVERDRAFT FEES THAT ARE INCOURAGED BY BANK SOFTWARE WILL ALSO BE CHANGED. NO LONGER A $35.00 OVERDRAFT FEE FOR EACH SEPARATE DEBIT CARD TRANSACTION CAUSED BY BANKS LATE POSTINGS. THEY CAN ONLY CHARGE JUST 'ONE' $35.00 OVERDRAFT FEE WHEN THESE DEBIT CARD TRANSACTIONS ARE MADE WITHIN A VERY SHORT PERIOD OF TIME. BOA 'STOLE' $245.00 RIGHT OUT OF MY CHECKING ACCOUNT UNKNOWN TO ME FOR JUST WHAT I MENTIONED. THEY SENT ME ONE OF THOSE SMALL WHITE CARDS, (WITH NO POSTAGE STAMP DATE) TWO WEEKS LATER INFORMING ME THAT THEY HAD 'RIPPED ME OFF'. IT CAUSED A RIPPLE EFFECT WITH ALL MY BILLS. CALL YOUR SENATOR, THE FTC, and INSIST THAT THE CHANGES TO TAKE PLACE IN 2010 SHOULD NOW BE MADE NO LATER THAN DEC 1, 2009. THE MORE TIME THE BANKS HAVE BEFORE THESE CHANGES THE MORE TIME THEY HAVE TO LINE THEIR POCKETS...MAKE A NOISE!! WHY CITIBANK AND OTHER BANKS HAVE INCREASED INTEREST RATES IS DUE TO NEW GOVERNMENT IMPOSED LAWS THAT TAKE EFFECT IN 2010. ANY INCREASE IN A PERSON'S APR WILL ONLY AFFECT FUTURE PURCHASES AND NOT THE BALANCE AS OF A SPECIFIED GOVERNMENT DATE. ALSO, OUTRAGEOUS OVERDRAFT FEES THAT ARE INCOURAGED BY BANK SOFTWARE WILL ALSO BE CHANGED. NO LONGER A $35.00 OVERDRAFT FEE FOR EACH SEPARATE DEBIT CARD TRANSACTION CAUSED BY BANKS LATE POSTINGS. THEY CAN ONLY CHARGE JUST 'ONE' $35.00 OVERDRAFT FEE WHEN THESE DEBIT CARD TRANSACTIONS ARE MADE WITHIN A VERY SHORT PERIOD OF TIME. BOA 'STOLE' $245.00 RIGHT OUT OF MY CHECKING ACCOUNT UNKNOWN TO ME FOR JUST WHAT I MENTIONED. THEY SENT ME ONE OF THOSE SMALL WHITE CARDS, (WITH NO POSTAGE STAMP DATE) TWO WEEKS LATER INFORMING ME THAT THEY HAD 'RIPPED ME OFF'. IT CAUSED A RIPPLE EFFECT WITH ALL MY BILLS. CALL YOUR SENATOR, THE FTC, and INSIST THAT THE CHANGES TO TAKE PLACE IN 2010 SHOULD NOW BE MADE NO LATER THAN DEC 1, 2009. THE MORE TIME THE BANKS HAVE BEFORE THESE CHANGES THE MORE TIME THEY HAVE TO LINE THEIR POCKETS…MAKE A NOISE!!

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