Comments on: Sucks to be You! Sucks to be Me! Citi Jacked My Rate! http://pantsinacan.com/2008/12/02/sucks-to-be-you-sucks-to-be-me-citi-jacked-my-rate/ A Personal Finance Blog with a Silly Name Fri, 10 Feb 2012 11:02:13 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Wgemin http://pantsinacan.com/2008/12/02/sucks-to-be-you-sucks-to-be-me-citi-jacked-my-rate/#comment-62278 Wgemin Mon, 16 Nov 2009 16:53:09 +0000 http://pantsinacan.com/?p=892#comment-62278 They tried to jack mine from 9.24 to 23.99%! girl on the phone said they were doing that to everyone. of course I canceled the card immediately and am now boycotting anything CITI related. ANYONE WHO LETS THEM GET AWAY WITH THIS IS SEVERELY RETARTED - NO OFFENCE. I guess the want out of the credit card business. They tried to jack mine from 9.24 to 23.99%! girl on the phone said they were doing that to everyone. of course I canceled the card immediately and am now boycotting anything CITI related.

ANYONE WHO LETS THEM GET AWAY WITH THIS IS SEVERELY RETARTED – NO OFFENCE.

I guess the want out of the credit card business.

]]> By: Citi Grinds My Gears… » Pants in a Can http://pantsinacan.com/2008/12/02/sucks-to-be-you-sucks-to-be-me-citi-jacked-my-rate/#comment-52539 Citi Grinds My Gears… » Pants in a Can Tue, 31 Mar 2009 00:31:39 +0000 http://pantsinacan.com/?p=892#comment-52539 [...] in December, I remembered receiving one of those “change of terms” letters from Citi. Good thing I blogged about it — that’s where the 16.99% figure came from — but what I was recalling was some [...] [...] in December, I remembered receiving one of those “change of terms” letters from Citi. Good thing I blogged about it — that’s where the 16.99% figure came from — but what I was recalling was some [...]

]]> By: Credit Card Roll Call - December 2008 » Pants in a Can http://pantsinacan.com/2008/12/02/sucks-to-be-you-sucks-to-be-me-citi-jacked-my-rate/#comment-37902 Credit Card Roll Call - December 2008 » Pants in a Can Fri, 05 Dec 2008 00:37:44 +0000 http://pantsinacan.com/?p=892#comment-37902 [...] Balance: $0 Credit Limit: $9500 (Up from $8500) Rate: 9.960% (Down from 11.26% — though this is the card where my rate was supposed to go up yesterday but still [...] [...] Balance: $0 Credit Limit: $9500 (Up from $8500) Rate: 9.960% (Down from 11.26% — though this is the card where my rate was supposed to go up yesterday but still [...]

]]> By: Ruth http://pantsinacan.com/2008/12/02/sucks-to-be-you-sucks-to-be-me-citi-jacked-my-rate/#comment-37897 Ruth Thu, 04 Dec 2008 21:07:28 +0000 http://pantsinacan.com/?p=892#comment-37897 I got a notice too, but mine was different. All it had under "The Changes" section was the default APR change; my variable APR was not changed. Of course, I only have one Citi card (a Universal Card from AT&T) and have had it for 10+ years now, plus it is a low limit card ($1400) that I use rarely. Honestly, it would not be a big deal at all to me if they canceled it except for the fact that it is one of my older cards and it might slightly hurt my average account age on my credit report. I have several high limit cards from varying issuers - I wonder how they decide who they are going to smack down and who they won't? Doesn't seem to make a lot of sense to me. I got a notice too, but mine was different. All it had under “The Changes” section was the default APR change; my variable APR was not changed. Of course, I only have one Citi card (a Universal Card from AT&T) and have had it for 10+ years now, plus it is a low limit card ($1400) that I use rarely. Honestly, it would not be a big deal at all to me if they canceled it except for the fact that it is one of my older cards and it might slightly hurt my average account age on my credit report.

I have several high limit cards from varying issuers – I wonder how they decide who they are going to smack down and who they won’t? Doesn’t seem to make a lot of sense to me.

]]> By: Brainy’s PF Goals for 2009 » Pants in a Can http://pantsinacan.com/2008/12/02/sucks-to-be-you-sucks-to-be-me-citi-jacked-my-rate/#comment-37891 Brainy’s PF Goals for 2009 » Pants in a Can Thu, 04 Dec 2008 00:54:28 +0000 http://pantsinacan.com/?p=892#comment-37891 [...] said, I’ll have to cross my fingers that I don’t receive more “Change of Terms” letters like the one I received from Citibank earlier this week. That would be [...] [...] said, I’ll have to cross my fingers that I don’t receive more “Change of Terms” letters like the one I received from Citibank earlier this week. That would be [...]

]]> By: Dustin http://pantsinacan.com/2008/12/02/sucks-to-be-you-sucks-to-be-me-citi-jacked-my-rate/#comment-37888 Dustin Wed, 03 Dec 2008 14:53:27 +0000 http://pantsinacan.com/?p=892#comment-37888 If it makes you feel any better, I received a letter from USAA last week. After 24 months of paying my statements in full, they've decided to lower my credit limit by 64%!! Way to keep a loyal customer, right? So I've decided to make the switch to cash in hopes that I'll feel a little more pain with that "ouchie" moment and in turn spend a bit less... Should be 100% free of monthly credit card statements by mid January. Dustin If it makes you feel any better, I received a letter from USAA last week. After 24 months of paying my statements in full, they’ve decided to lower my credit limit by 64%!! Way to keep a loyal customer, right?

So I’ve decided to make the switch to cash in hopes that I’ll feel a little more pain with that “ouchie” moment and in turn spend a bit less… Should be 100% free of monthly credit card statements by mid January.

Dustin

]]> By: debtmaven http://pantsinacan.com/2008/12/02/sucks-to-be-you-sucks-to-be-me-citi-jacked-my-rate/#comment-37884 debtmaven Wed, 03 Dec 2008 02:41:56 +0000 http://pantsinacan.com/?p=892#comment-37884 I got this letter too! Made me furious. Luckily, I just paid off my balance in full this past month (and on to my SBA loan and another bank loan). I decided to opt out. Shame on them. THEN I heard about their financial woes and it made sense, but still. And I'd been a loyal and well-paying (and debt-owing) customer for more than 12 years. Bye bye to Citibank! I got this letter too! Made me furious. Luckily, I just paid off my balance in full this past month (and on to my SBA loan and another bank loan).

I decided to opt out. Shame on them. THEN I heard about their financial woes and it made sense, but still. And I’d been a loyal and well-paying (and debt-owing) customer for more than 12 years.

Bye bye to Citibank!

]]> By: Brainy Smurf http://pantsinacan.com/2008/12/02/sucks-to-be-you-sucks-to-be-me-citi-jacked-my-rate/#comment-37883 Brainy Smurf Wed, 03 Dec 2008 01:32:11 +0000 http://pantsinacan.com/?p=892#comment-37883 Ha! Financial wedgie! That's pretty funny! :P Ha! Financial wedgie! That’s pretty funny!
:P

]]> By: MoneyMateKate http://pantsinacan.com/2008/12/02/sucks-to-be-you-sucks-to-be-me-citi-jacked-my-rate/#comment-37881 MoneyMateKate Wed, 03 Dec 2008 01:13:13 +0000 http://pantsinacan.com/?p=892#comment-37881 Interesting...we both pay off our CC in full every month, but your minimim APR is a full 3 percentage points lower than mine. Hmph, bastard Citibank. They get a bailout and we get a financial wedgie. I think I'll request my 1% cashback reward check (currently @ $120) asap, in case they come up with an excuse to revoke that! Interesting…we both pay off our CC in full every month, but your minimim APR is a full 3 percentage points lower than mine. Hmph, bastard Citibank. They get a bailout and we get a financial wedgie. I think I’ll request my 1% cashback reward check (currently @ $120) asap, in case they come up with an excuse to revoke that!

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