shoptalk01 wrote:I tried calling the 800 number listed, I got someone who spoke good English on the phone and was only on hold maybe 3 minutes. Of course the bad started already and I haven't even got my card yet. The lady I spoke with said she needed my 16 digit card number in order to help me, but I told her I didn't have my card yet and she said there was nothing further she could do. She said I would have to wait patiently until my card arrives in the mail. When I asked about it she said the annual fee comes due on the first billing cycle and there was nothing they could do about it. I asked what happens if I refuse to pay the annual fee and she said it gets turned over to collections and the card would put another delinquent as well as show as charged off then closed by creditor. I would then have a current collections account showing. If that's not bad enough, they hold your security deposit hostage until you pay. I guess I can only hope that she was giving me bad information.
Looks like my only choice is to pay the annual fee then call in to cancel the card. I have also thought about if the envelope looks to be from them writing on it "return to sender, not current address" and putting it back in the mail. What does everyone think?
I suggested to you to not use this bank. Read your post when you asked about this bank.
Wait, accept your mail and call in and cancel this card. Cut the card in half and return it by certified mail, Wait three weeks to receive you money back.