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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Tell me about the Worst Credit Card Offer EV Date:  9/17/2002  3:53 PM
Author:  Wolfshead56 Number:  140119 of 312188

Well it wasn't exactly an offer but when Merrick took over my NextCard I got a letter saying that they were going to do me a favor and collect my annual fee in 12 installments of $10 instead of one big one of $120. When I called to say I didn't have an annual fee on that card I was told that I do now. Told Merrick Thanks, but no thanks. $120 fee on a $300 limit card is pretty outrageous. When I called Nextcard to cancel it before Merrick took over they asked why and told them about the fee. Even the nextCard CSA said, "I don't blame you".

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