NACS & PREFERRED MERCHANTS BANK RIP-OFF DECEPTIVE COMPANY IN CREDIT CARD SCAM LIARS THIEVES ST. PETERSBURG FLORIDA
This company contacted me around November 2002 with an incredible deal of a major credit card with no interest fee, a $2500.00 credit limit and a one time processing fee of $200.00 that I would get back in two $100.00 coupons that I could use to pay off my balance. All lies.
After the supposed 6 weeks it would take to get the card and welcome package, I called to find out it is not a visa or mastercard, only good to get overpriced home decorations, appliances, kitchenware, and cheap jewelry. At that point I tried to cancel and get my money back, but it was too late - non-refundable.
I waited another two months to get the catalogs and the card. Finally I recieved the envelope, started to go over it and found out that to use the $200.00 credit I had send another payment of 30% of the total order.
There is no way to get your money's worth. If you don't orderfrom them in two month's they charge you another $33.00 for non-activity on the account without notice of what day they will automatically withdraw from your checking account.This company is doing fraud. Watch out for them.
Rafael
Tucson, Arizona
U.S.A.