tag:blogger.com,1999:blog-8504585770830524971.post2739023518602234486..comments2023-10-31T11:03:09.550-05:00Comments on Sounding Forth: Citibank Sticks It To UsThat Janie Girlhttp://www.blogger.com/profile/17447630124016303483noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-8504585770830524971.post-28031216670163650852009-10-23T16:23:48.545-05:002009-10-23T16:23:48.545-05:00Got the letter today. Jacked it up to 25.99%.
Yet...Got the letter today. Jacked it up to 25.99%.<br /><br />Yet another argument against the ongoing bailout of corporate America.The Wine Commonsewer (TWC)http://www.winecommonsewer.comnoreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-65439358561518729782009-10-21T05:30:41.103-05:002009-10-21T05:30:41.103-05:00How awful. Crooks. They're all crooks, I tel...How awful. Crooks. They're all crooks, I tell you. Credit cards are like crack. You get a taste and think you need it. I say leave the account alone, paid off in full, and open up another account with a reasonable credit limit. Then close the Citibank account once you've established credit with the other one. I'm no expert, but it should lessen the blow to your credit score.Paige Laceyhttps://www.blogger.com/profile/02984414456985769465noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-51711922986846893022009-10-21T03:16:37.064-05:002009-10-21T03:16:37.064-05:00Just calling them up to ask them to return to the ...Just calling them up to ask them to return to the lower rate always works for us. If they don't budge tell them immediately you want to cancel the card. They'll give you the lower rate.Christine Gramhttps://www.blogger.com/profile/13783180729146518061noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-55324329655971160342009-10-20T22:57:20.858-05:002009-10-20T22:57:20.858-05:00I got the same letter. I assumed they did it beca...I got the same letter. I assumed they did it because I never leave a balance (hence it really doesn't matter cuz I pay no interest), but maybe there's more to the story. Good to know we're not alone.Gwynnehttps://www.blogger.com/profile/16540042878760457834noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-702687701436134912009-10-20T21:53:05.246-05:002009-10-20T21:53:05.246-05:00Er....did Vodka Mom mean the guys in the white coa...Er....did Vodka Mom mean the guys in the white coats? Cos...er....hehe....yeah :)♥ Brajahttps://www.blogger.com/profile/07693196044262677095noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-91451446614698371552009-10-20T21:52:23.365-05:002009-10-20T21:52:23.365-05:00Oh I'd be givin' it BACK.Oh I'd be givin' it BACK.♥ Brajahttps://www.blogger.com/profile/07693196044262677095noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-87970799515301833842009-10-20T21:43:16.907-05:002009-10-20T21:43:16.907-05:00I'm with captain dumbass on this. They're ...I'm with captain dumbass on this. They're like drug dealers. I say cancel the card. Just read the fine printmariahhttp://manicmariah.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-70960228592356158762009-10-20T21:16:41.398-05:002009-10-20T21:16:41.398-05:00I thought I would be immune. No such luck. I feel ...I thought I would be immune. No such luck. I feel your wrath!!The Grandpahttps://www.blogger.com/profile/08548802274156524456noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-29475578479294840322009-10-20T20:44:19.912-05:002009-10-20T20:44:19.912-05:00The only way to fix it is to call them and ask the...The only way to fix it is to call them and ask them to reduce it. If they won't, then cancel ON THE PHONE. That always shakes them up.<br /><br />Been there, done that and have won the battle.Suzyhttps://www.blogger.com/profile/00361775888847203043noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-9013966808528292422009-10-20T19:01:56.340-05:002009-10-20T19:01:56.340-05:00There is some common sense to this...you stated we...There is some common sense to this...you stated we usually pay it off every month. We are never late. So they really don't make an optimum amount of money per dollar loaned. You are too good of a payer for a credit card.scottehttps://www.blogger.com/profile/03359727933462858192noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-46216824688657258292009-10-20T15:48:04.305-05:002009-10-20T15:48:04.305-05:00Hey Janie, Just found this news article http://blo...Hey Janie, Just found this news article http://blogs.moneycentral.msn.com/topstocks/archive/2009/10/20/citibank-yanks-mastercards.aspx<br />It seems that Citibank is canceling accounts without notice, especially cards connected to oil companies.Bob Westbrookhttps://www.blogger.com/profile/01813710062309806682noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-74962728962866914942009-10-20T15:05:55.864-05:002009-10-20T15:05:55.864-05:00Oh no! Wow, isn't it great what they can do. ...Oh no! Wow, isn't it great what they can do. I'm off to read that blog... and I'm interested in what you decide to do!Tabitha Bluehttps://www.blogger.com/profile/01019907765384844007noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-78059859905693743752009-10-20T13:50:44.975-05:002009-10-20T13:50:44.975-05:00Find a different Credit Card..possibly at your loc...Find a different Credit Card..possibly at your local bank..then cancel that one and tell Citibank that you cut it into a million little pieces:)Far Side of Fiftyhttps://www.blogger.com/profile/07995757632158408442noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-70854175757184358912009-10-20T13:32:04.624-05:002009-10-20T13:32:04.624-05:00you are not a good customer to them because you pa...you are not a good customer to them because you pay your bills......they like the ones who don't pay......that's how they make all their money!!!!!<br />i would be stomping around too!!!!<br />good luck!!!!missyhttps://www.blogger.com/profile/13601269406356400206noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-63100880444285296202009-10-20T12:50:37.959-05:002009-10-20T12:50:37.959-05:00While having the card canceled could negatively im...While having the card canceled could negatively impact your credit score, you'd also be turning loose of $22K in potential debt -- because that's how that credit limit shows up on your credit report.Jeanne Estridgehttps://www.blogger.com/profile/13096521122802823385noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-31095019031748456982009-10-20T11:48:50.918-05:002009-10-20T11:48:50.918-05:00I say cancel it, there are plenty of other card ca...I say cancel it, there are plenty of other card carriers.Dooziehttps://www.blogger.com/profile/14971254752562678591noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-15909263036481810662009-10-20T11:41:02.194-05:002009-10-20T11:41:02.194-05:00Did you get it on one of those offers where they g...Did you get it on one of those offers where they give you low interest for a set period of time? Seriously, they're like drug dealers. "First hit's free."Captain Dumbasshttps://www.blogger.com/profile/02214826608461609241noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-85920779490257979342009-10-20T11:27:44.705-05:002009-10-20T11:27:44.705-05:00Thanks for the info. I got the same letter and ha...Thanks for the info. I got the same letter and had the same questions. So far my solution has been to not use it and leave no balance on it that could be subject to their greedy 30%.Jane!https://www.blogger.com/profile/12804142964805900278noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-62988333904457165402009-10-20T10:08:45.966-05:002009-10-20T10:08:45.966-05:00All the banks are doing this, or at least most of ...All the banks are doing this, or at least most of them. Gotta pay those million + $ bonuses to their CEO's. It's time for a revolution. Like midlife slices said, pay it off and screw them out of the interest. If all America started switching to whomever they find that doesn't do this the rest of the banks will figure it out when they lose their customers. Take your money to where your treated right.Bob Westbrookhttps://www.blogger.com/profile/01813710062309806682noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-40665488002550981602009-10-20T09:31:31.868-05:002009-10-20T09:31:31.868-05:00Cancel the card. I'd cut that baby up and send...Cancel the card. I'd cut that baby up and send it to the president of Citibank.<br /><br />Be interesting to see if we get the same letter.The Wine Commonsewerhttp://www.winecommonsewer.comnoreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-19660524708348823872009-10-20T09:29:46.045-05:002009-10-20T09:29:46.045-05:00If you keep it, use it, and pay it off each month ...If you keep it, use it, and pay it off each month then you'll stick it to them because they shouldn't be able to charge interested if you pay it off each month. We never carry a balance and only use ours to rack up the miles but we're hearing the Southwest is changing their reward system and it will take much longer and much more use of the card to get points. grrrr......midlife sliceshttp://www.midlifeslices.comnoreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-21373922145862198532009-10-20T07:58:45.954-05:002009-10-20T07:58:45.954-05:00They are thieves. There is NO way they can justif...They are thieves. There is NO way they can justify that. I hear it has been happening a lot.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-39423559214982520922009-10-20T07:32:03.414-05:002009-10-20T07:32:03.414-05:00Credit cards are the devil.
Good info from LaToy...Credit cards are the devil. <br /><br />Good info from LaToya's blog, whew, glad I don't have to use it. Will pass it on.J'Ollie Primitiveshttps://www.blogger.com/profile/06744123704292534249noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-33892151257372798372009-10-20T06:58:52.079-05:002009-10-20T06:58:52.079-05:00I read last week that some were trying to get in b...I read last week that some were trying to get in before the new law- Evidently Citi did .. NiceSandy Kesslerhttps://www.blogger.com/profile/17542892044386717213noreply@blogger.comtag:blogger.com,1999:blog-8504585770830524971.post-42607067722713893852009-10-20T05:53:39.166-05:002009-10-20T05:53:39.166-05:00WHere are the good guys in the white hats?
WHER...WHere are the good guys in the white hats? <br /><br />WHERE???Vodka Momhttps://www.blogger.com/profile/04734323418017847775noreply@blogger.com