Credit Card story and question
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| Mon, 11-17-2008 - 3:16pm |
Hello,
So awhile back I noticed online a charge on my cc that I did not recongnize. It was for $29.95 and it said privacy security in the description line. I thought hmmm, well maybe my bank just put the charge on there as an identity theft insurance with out my consent, I'll just call and have them take it off. So I called and they said nope, it wasn't them. I said well I don't want it or know what it is can you please take it off. So in order to take off the charge I had to cancel my credit card and get a new one sent to me. All was fine and good, it came in the mail but I noticed(I don't keep a balance so was not paying attention) that the interest rate is 19.5%!! If there was ever an emergency where I needed to keep a balance(hope not, working on building up efund) I would be very unhappy!!!
I was talking to the bf and have an account together at Presiden't choice(Canada). Does anyone know what the rate is for their master card, say, after a trial period when the rate is low and then they crank it up on ya? Then we could pay for our groceries on the card and get the max points as we would pay it off immediately.
Oh, and the bf was concerned(he has two other cards with zero balances) that if you don't use a card--does it get cancelled? And do the three cards give you a bad rating, if you don't use one of the cards or have to many?
Thanks, hope everyone is doing well with snow flaking and holiday planning!


Bex -
"Yesterday is history, tomorrow is a mystery, today is a gift -thats why its called the present."
Bex -
Some cards you need to use every year or 6 months. My QVC card