DISQUS

katam · 1 month ago

Last nigh, I received a letter stating, that my interest will be raised from 8.24% to 29.9% starting november 30, 2009; I have never missed a payment or gone over my limit.

I called the bank to opt out from this notice, I had no other chance but to cancel my credit card, I know closing a perfect standing account will hurt my credit score.
I am outraged, I found this disgusting!!! How is it possible for the banks, to take so much advantage of people?

jeepers0123 · 1 month ago

They did the same to me in September. I cancelled the card immediately talking to their highly paid rep from India who told me my 25,000 rewards points would not be affected. The rewards points are revoked 30 days after closing an account! I decided not to pay my bill for the first time in 15 years. Funny thing happened, an account specialist called wanting to know what was wrong. LOLOLOLOL

I told him the loan was unsecured....he offered me a 5 year payout at 0% interest. They've already screwed up my credit so let um eat the principle on their million $$$$ golf outing.

If we all refuse to pay they won't get bailed out again. JUST SAY "NO" I'm not paying....goodbye!

spielman · 1 month ago

You should move your card balances to a credit union credit card. No funny games, just a great rate and no fees.

nao01 · 1 month ago

Citibank credit card users across the country rec'd RATE HIKE notices this week - 21.99% !!!!! Seems the only way out of this soon to be illegal practice of BAIT & SWITCH is to “transfer” another $5000.00 to them!

The better to screw you with!

After all my hard earned tax dollars already propping up this TARP bloated buffoon of a business, I am hardly likely to want to add more to their coffers. YOU AS A TAXPAYER ALREADY OWN PART OF CITIBANK! DEMAND ACTION!

KEN STORK sent me this notice but when I called he was unavailable for comment.

Be aware of this last ditch scam to rob you! New Credit Card Laws go into effect in 2010. If you accept their strong-arm offer to “help” now, you’ll be stuck with all the old nefarious terms & conditions that the new laws are designed to avoid.

DON’T GIVE UP YOUR RIGHTS!

CONTACT YOUR PRESIDENT, REPRESENTATIVES, & SENATORS! Contact the media, write letters to the editor, & CALL, CALL, CALL, them on this bluff!

Tired of CITI · 1 month ago

HI,

I just got that nasty thieving letter from Citibank too. No explanations on why or who was selected. Sounds like theivery to me. I suggest we all complain to the politicians who helped bail them out. A theif is a thief!

KenStorkSux · 1 month ago

Citi cardholder in good standing since '95, received my letter today to raise to 20.99% with same scam offer to lock at 9.99% until 2011 if I transfer an additional $3,000...then to 20.99% after that. I will be opting out, closing the account and taking my savings, checking, money market and mortgage with me. Yet again, the honest working guy gets screwed to bailout the welfare state and wall street! The working man is the true sucker!

I hate Citibank! · 2 weeks ago

I am glad to see that other people are standing up to Citi and closing their accounts. I also have been with them for 4 years, never missed not even ONE payment, and always pay in full. I received a letter stating my APR is 20.99%! Ridiculous! I am going to use all my points to buy frivalous things and then close all my accounts. I'd rather take a temporary ding on my credit score then allow them to take advantage of me! But it still pisses me off that I am forced to accept this or ruin my credit. Absurd!

mark jacobs · 2 weeks ago

I had a Citibank diamond card with a $40,000 limit. Never missed payment. Never late. I float around $5k-$7k on it. It's for business and I don't mind since the interest is tax deductible. Got a letter last month that my credit line was reduced to $5k. Today got a letter that my APR went from 10% to 29.99% starging Jan 1 '10. No help on the phone.

Citi has no heart · 1 week ago

Received my letter today to raise to 18.99% Ken Stork and William Rhodes Do Not have a heart. In these tough enconomic times how can any company stoop so low...