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  • Report:  #539430

Complaint Review: Citibank AT&T Universal Card

Citibank - AT&T Universal Card Interest 3 three times up existing balances with no reason - never late in 15 years Sioux Falls, South Dakota

  • Reported By:
    Edgar — Orlando Florida United States of America
  • Submitted:
    Tue, December 15, 2009
  • Updated:
    Fri, December 18, 2009

Notice received. Due to the market condition, your rate will go up from 9.99%apr to 29.98%apr, minimum payment from 210.00 to 421.00

Client since 1992, never late,0,0,0 no other credit late score 810 as of 12/10/2009

Credit card companies are pushing consumer to have credit issues.

1 Updates & Rebuttals


Happynuc

Green Bay,
Wisconsin,
U.S.A.

Cancel them

#2Consumer Comment

Fri, December 18, 2009

If at all possible, cancel your account with them!! I recently had the same experience, jacked the rate to nearly 30%, because of market conditions. I wonder what business school the decision makers at Citi went to, because in my book, 30% of nothing is nothing, which is much less than what they would be making with a 10% interest rate.

 

 

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