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#1
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AOPA credit card --- WARNING.
If you have an AOPA/MBNA credit card then you should check the APR on your
last statements. MBNA has been raising the APR on AOPA cardholders, even if you pay on time. So check your credit card statements and call AOPA credit card services to complain. And also call MBNA to drop the rate back down. |
#2
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In a previous article, "RS" said:
If you have an AOPA/MBNA credit card then you should check the APR on your last statements. MBNA has been raising the APR on AOPA cardholders, even if you pay on time. Anybody who carries a balance on any credit card is an idiot or a sucker. The credit card companies hate me because I haven't paid a cent of interest to any of them in 3 years. I get about 5 envelopes full of Visa checks every month (as well as come-ons for new cards) because they want to sucker me into that debt cycle. -- Paul Tomblin http://xcski.com/blogs/pt/ Microsoft - Where quality is job 1.0.1 |
#3
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"Paul Tomblin" wrote in message ... In a previous article, "RS" said: If you have an AOPA/MBNA credit card then you should check the APR on your last statements. MBNA has been raising the APR on AOPA cardholders, even if you pay on time. Anybody who carries a balance on any credit card is an idiot or a sucker. snip Or isn't as wealthy or well off financially as you are... --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.801 / Virus Database: 544 - Release Date: 11/24/2004 |
#4
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"RS" wrote in message news:m3opd.97109$5K2.54232@attbi_s03... If you have an AOPA/MBNA credit card then you should check the APR on your last statements. MBNA has been raising the APR on AOPA cardholders, even if you pay on time. So check your credit card statements and call AOPA credit card services to complain. And also call MBNA to drop the rate back down. With the FED raising rates, all banks are, or will be, raising rates on credit cards. KB |
#5
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"RS" wrote in message news:m3opd.97109$5K2.54232@attbi_s03... If you have an AOPA/MBNA credit card then you should check the APR on your last statements. MBNA has been raising the APR on AOPA cardholders, even if you pay on time. Kinda timely since PBS's Frontline had a show on credit cards last Tuesday. Very eye opening, it seems that a couple of Supreme Court decisions allow credit card companies to charge whatever interest rate they want and to raise the interest rate on money already on the balance. Most of the credit card holders interviewed had never read or didn't understand the "fine print" in their card contracts. |
#6
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"Kyle Boatright" wrote in message news:55mdnW30VPNrvzvcRVn- So check your credit card statements and call AOPA credit card services to complain. And also call MBNA to drop the rate back down. With the FED raising rates, all banks are, or will be, raising rates on credit cards. Do you work for MBNA? You sound like the person I talked to at MBNA customer service....I told him that the fed did not raise interest rates by 3 to 4%, which is what MBNA is doing. If you have an MBNA credit card, look at your statements...if you like being screwed by the credit card company then ignore this thread and do nothing. |
#7
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"Chuck" wrote in message . com... "Paul Tomblin" wrote in message ... In a previous article, "RS" said: If you have an AOPA/MBNA credit card then you should check the APR on your last statements. MBNA has been raising the APR on AOPA cardholders, even if you pay on time. Anybody who carries a balance on any credit card is an idiot or a sucker. snip Or isn't as wealthy or well off financially as you are... I'm with Paul. If you can't afford to pay off the balance at the end of the month, then you can't afford to use the card in the first place. |
#8
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I've noticed that also, all balances were paid in full, and I only use the
AOPA card for aviation purposes to get the 5% rebate and then pay in full. And yet the rate goes up on recurring balances, while they offer 4% transfer credit. Read the fine print, any payments made pay off the lower interest rate debt first while the higher "revolving balance" interest rate continues to accrue. Some companies do apply payments equally to all debt at different rates based on the ratio on each debt. BT "RS" wrote in message news:m3opd.97109$5K2.54232@attbi_s03... If you have an AOPA/MBNA credit card then you should check the APR on your last statements. MBNA has been raising the APR on AOPA cardholders, even if you pay on time. So check your credit card statements and call AOPA credit card services to complain. And also call MBNA to drop the rate back down. |
#9
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"Casey Wilson" wrote in message
news:FUppd.10488$1B2.4184@trnddc02... I'm with Paul. If you can't afford to pay off the balance at the end of the month, then you can't afford to use the card in the first place. Are you a supporter of legalized loan sharking? Because that is what I think MBNA is doing. Not to mention that MBNA has surpassed Enron as the biggest contributor to George Bush. It's all good, move along folks, nothing to worry about... http://www.delawareonline.com/newsjo.../0312200a.html |
#10
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The Fed rates have gone up so so should retail credit rates.
"RS" wrote in message news:%Cqpd.97927$5K2.50864@attbi_s03... "Casey Wilson" wrote in message news:FUppd.10488$1B2.4184@trnddc02... I'm with Paul. If you can't afford to pay off the balance at the end of the month, then you can't afford to use the card in the first place. Are you a supporter of legalized loan sharking? Because that is what I think MBNA is doing. Not to mention that MBNA has surpassed Enron as the biggest contributor to George Bush. It's all good, move along folks, nothing to worry about... http://www.delawareonline.com/newsjo.../0312200a.html |
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