My main credit card is a GM mastercard. I use it because it gives me 1% cash back or 3% towards a GM card.
My dh uses it the most, charging all his materials from home depot. He generally spends about $4000 a month.
The cut off date on my credit card is the 14th of the month. But I never receive it until the 24th of the month, 10 days later!!
It is due on the 4th of the month.
This month, I did not get it on the 24th. I emailed customer service. Oh, I can pay it on line, but I am nervous about that. Besides, if I do it, I have to sign up to do it every month.
I don't want big sums to come out of my checking account without me knowing.
I could pay by mail, but that is a $15 charge. Why should I pay anything?
Why don't they get me the bill on time? They insist that they mail it out 3 days later, on the 17th.
I finally got the darn bill yesterday at 4 pm. July 17th, 10 days after they say they mailed it. They can claim slow mail, but I have always gotten it late for the past year.
I think they are trying to make sure that they get a lot of late fee charges.
Anyway, you can be sure that I wrote out the check and drove to the post office to mail it yesterday before 5 pm.
As soon as we get our next rebate check or apply the amount to a new car, I am thru with them.
I also have a state farm visa. It came in a week ago and I have until the 10th of next month to pay it. This giving you 7 days to get your check in, is a bunch of balony!!
I'm mad at my credit card company
July 28th, 2007 at 05:42 pm
July 28th, 2007 at 05:55 pm 1185641751
July 28th, 2007 at 06:02 pm 1185642143
July 28th, 2007 at 06:06 pm 1185642385
July 28th, 2007 at 06:36 pm 1185644189
July 28th, 2007 at 06:44 pm 1185644683
July 28th, 2007 at 07:29 pm 1185647366
July 28th, 2007 at 07:44 pm 1185648249
July 28th, 2007 at 08:27 pm 1185650855
Sorry if that wasn't clear. Yes, I meant the online services offered by your regular bank. That's what I use - the bill pay service tied to my regular checking account at a local bank.
July 28th, 2007 at 09:28 pm 1185654493
July 28th, 2007 at 11:14 pm 1185660865
July 29th, 2007 at 01:48 am 1185670094
As far as credit cards go, I am pretty sure they deliberately do things like this in order to make more money through late fees. My dh and I watched a movie from Netflix last night called "Maxed Out." It is a documentary of the world of credit cards and what creditors deliberately have done to deliberately drive Americans into debt and sometimes into bankruptcy. Although I don't think it actually covers the issue of deliberately arranging due dates this way, it gave enough information about other things they actually do that it made me have no real doubts about how far they would actually go to make a buck. Those same creditors have also made the bankruptcy laws tougher, so that when and if that all too scary need arises, it may not be available to you. Instead of being able to declare bankruptcy when you absolutely must do so, you might instead be forced to sell belongings to pay debts. This is a little too scary for me, so I am going to pay off my credit card and keep it paid off. Eventually, I hope to not ever need it again.
July 29th, 2007 at 01:52 am 1185670376
July 29th, 2007 at 02:44 am 1185673449
July 31st, 2007 at 05:34 pm 1185899684
Ima: Another feature that I like is that I can check by statements before they ever get to me and you can pay them online without ever receiving the bill. Sometimes people like to pay bills before leaving for vacation, and that's one way of doing it.
I also can go and check my electric bill. Your next read date will be on your bill and you can count on it being posted the day after. That has been extremely helpful to me.
Also, I like the fact that I can go online and check my charges and make sure that any credits were given to me.