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Credit One Bank / overcharging

WA, US Review updated:
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DO NOT sign up to a credit card with this bank. They have mastered the art in robbery. As soon as you sign up it is a one time fee of $69, and then an annual fee of $69. Now, the annual is broken down monthly at $5.75/month. Here is the kicker! Unless you want to mail your payment, they will charge you a processing fee of $9.95 for both online and over the phone. So in reality, the "annual fee" is more of a monthly maintenance fee of $15.70 a month just to keep your account current on a monthly basis. Make sure you read the fine print on their credit cards. Buyer beware! They also have very shady customer service too.

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Comments

  • Li
      Aug 29, 2009

    Yet another bank scam. The entire United States Banking system is frought with GREED, CORRUPTION AND THIEVERY. But who cares? Obama will pay for their sins at the cost of the average SUCKER American. And there is absolutely NOTHING you can do to prevent this short of moving to the Cayman Islands.

    +1 Votes
  • Ch
      Aug 29, 2009

    Boy, Do I ever agree with lionheartedthemoose!

    Get rid of All these scam bank accounts and go with a credit union is my advice. Be very careful and read their terms of service thoroughly, and if there is just ONE thing you don't like that you read, stay away and find another.

    0 Votes

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