Credit Card Forum & Message Board
  1. #1
    Centurion Member Mogul of Pineapples's Avatar
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    Default $1 paper statement fee now on many store credit cards

    World Finacial, which is a company which you don't hear much about, yet they issue dozens of store credit cards. They now started charging $1.00 monthly fees for paper statements on reportedly almost all of their cards. I don't know all of them off hand, but I believe they issue over thirty different store cards in the article I read about it.
    “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”
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  2. #2
    Centurion Member
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    Default That's pretty incredible...

    keep your eye out for inactivity fees on your major cards and be ready to call and cancel if they aren't rescinded.

  3. #3
    Centurion Member Mogul of Pineapples's Avatar
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    Default

    I think rather than inactivity fees, we'll just start seeing accounts canceled by the issuer if they're not being used. We already saw a lot of that in '09.
    “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”
    -Warren Buffett

    Current Cards:
    American Express: Blue Cash, Simply Cash
    Bank of America: Visa Financial Rewards Platinum Plus
    Chase: Cash Plus Rewards Visa, Amazon Visa
    Citi: Dividend Platinum Select
    Discover: More

    Current Everyday Card:
    American Express Blue Cash