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  • Report:  #69785

Complaint Review: New Millennium Bank

New Millennium Bank ripoff swindled duped hoaxed hoodwinked conned deluded snared victimized New Brunswick New Jersey

  • Reported By:
    washington District of Columbia
  • Submitted:
    Wed, October 22, 2003
  • Updated:
    Thu, December 02, 2004
  • New Millennium Bank
    Fifty Seven Livingston Avenue Post Office Box 2694
    New Brunswick, New Jersey
    U.S.A.
  • Phone:
    732-7294395
  • Category:

I received a letter from New Millennium Bank telling me I was approved for two credit cards, a Visa and a MasterCard with a credit limit up to $10.000.00 all I would need to do is send my application fee of $46.00 for both cards. Once I sent in my money order for the $46.00 New Millennium Bank sent me a letter stating I would need to send them $300.00 to seccure my credit cards.I was deceived because I was not told these were seccure cards and if it was indeed to be seccure cards they didnt ask for the $300.00 op front like they did the $46.00.


Benzina
washington, District of Columbia
U.S.A.

1 Updates & Rebuttals


Leah

Chino Hills,
California,
U.S.A.

Read the Entire Letter

#2Consumer Comment

Wed, December 01, 2004

My husband also received a letter from New Millennium Bank, and we decided to come to this website to check out the company. I have read many complaints stating that people didn't know it was a secured card and that there were added fees. My suggestion... READ THE PAPERWORK!!! There is nothing hidden in the letter that we received. It clearly states "Your credit line will be equal to and secured by your interest bearing New Millennium Bank savings account."
It also states (on the back under CREDIT LIMIT),
"Your credit cards will have a credit limit of $300.00 to $5,000.00 per card. You determine your credit limit by the amount you deposit in your collateral savings account with New Millennium Bank. MINIMUM DEPOSIT IS $300.00, maximum deposit is $5,000.00 per card."
I am sorry for those of you that felt this was a scam, but next time, read THE ENTIRE LETTER!

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