Complaint Review: Target National Bank

I looked at the APR section of my statement and noticed it was 24.99% I always pay the account in full every month and have never in the 6 years I have had this card been late. I thought this seemed a bit high and am certain I would never have applied for a card with this high of an interest rate, so I look at the terms and legal disclosures. They state that if 2 payments are ever late, they will charge the 24.99 apr. I check my account at least twice a month online, and always make my payments before the due date.

I remember once about two years ago, they sent me a statement which was mailed and postmarked only two days before the due date.

It appears that this company will stoop to any level to get that extra interest rate.

I just closed my account, and have decided to spend the 5-$800 a month I spend at Target with other companies.

I'm tired of being gouged for everything by these big corporations. Ripoffreport is really an asset to all of us.

Thanks.

Carl
Dallas, Texas
U.S.A.