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  • Report:  #380906

Complaint Review: Advanta Bank Corp - Salt Lake City Utah

Reported By:
- Quakertown, Pennsylvania,
Submitted:
Updated:

Advanta Bank Corp
PO Box 30715 Salt Lake City, 84130 Utah, U.S.A.
Phone:
800-705-7255
Web:
N/A
Tell us has your experience with this business or person been good? What's this?
I, too, have had an huge and unfair interest rate increase on my Advanta Bank Corp credit card. My story is similar to everyone else's. I have excellent credit, pay my bills on time, never exceed or even come close to exceeding my credit limit yet Advanta has chosen to raise my interest rate from 7.99% to 25.08% with zero warning. After calling them today, they also have zero reason for doing so other than 'it's their right'.

They also told me that they sent out a notice in August letting me know that the rate was going to increase. Oddly, all of my other mail arrived in my box except for that one.

I want to thank Chrisp802 for posting 'How to file a complaint against Advanta with the FDIC' [9/16/2008 10:18:02 AM]. I went to the FDIC site and did just that. I urge everyone else to do the same. I also filed a complaint with the Federal Trade Commission. I don't know which, if any, organizations can actually do something about it but if enough complaints are received maybe it will get to the right place.

SB

Quakertown, Pennsylvania

U.S.A.


1 Updates & Rebuttals

Advanta Rip Off

San Francisco,
California,
U.S.A.
FILE Advanta RIP-OFF Report to FDIC (Federal Deposit Insurance Corporation)

#2Consumer Suggestion

Tue, October 14, 2008

Please also report this RIP-OFF to FDIC (Federal Deposit Insurance Corporation) It is also your your duty to report this FDIC as well. Please do it! Advanta Bank is regulated by FDIC (Federal Deposit Insurance Corporation). Here is the website link: https://www2.fdic.gov/starsmail/index.asp If you do not report, people like Dennis Alter (majority of Advanta Bank Corp) will get away this type of rip-off from small business folks like you. Dennis Alter should be jailed for this crime.

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