Thank you for the reply.
The user agreement must not grant the issuer the ability to make changes to the agreement without my consent.
I believe all credit cards reserve the right to change it without your consent but they must notify you ahead of time if changes will be made.
You may be right, but I'll keep looking for a card that is satisfied with its cardholder agreement, and doesn't try to change it all the time. I just got a mortgage loan from my bank with a contract that will remain fixed for the next 30 years, and everyone seems happy with that. By comparison, it seems ridiculous to grant my credit card company the right to renegotiate its contract whenever it wants to. That's just a waste of my time.
The user agreement must not require binding arbitration.
Happy to say that most major issues have started phasing out this clause. I know Chase specifically is one who has dropped it.
I agree this isn't as bad as it used to be. It still shows up a lot, though.
If you opt out of offers/affiliates mostly any card can offer this.
I don't want to opt out. How did we get to a situation where we are satisfied, rather than offended, by companies which let us "opt-out" of practices they know we find annoying? I want a card that is working for my privacy, not one that makes me work for my privacy.
This isn't as easy to quantify, but I want an issuer who makes money from retailers through transaction fees, not from consumers through service fees and interest. Therefore, I'm not interested in a card with high service fees, penalties of any kind, suspiciously short payment windows, etc.
I understand what you're asking for I think but about the closest you come would be a credit union credit card, since customers are also the owners.
Thank you for the suggestion. I tried my local credit union, and all they offer is a card that is administered by a mega-bank and has that bank's unacceptable service agreement. I'll keep looking, but I'm not sure credit unions are the consumer safe-havens they used to be.
It's not a requirement, but I'd prefer a card that offers no miles, no rewards, and no cash back.
This is an unusual request. Why would you not want rewards?
Why don't I want rewards? Those rewards are paid for by me and other cardholders. It seems silly to let the credit card company collect money from us just to return it diminished by taxes and in a less-useful form. Plus, I don't want to pay for the administration and marketing of a rewards program. I'm surprised to hear this is an unusual request. I suspect a lot of people feel this way.