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TD Bank / be aware of using low interest cash advance from the credit card

1 Canada

TD bank is nothing more than SCAM for someone who thinks this is great organization, this means for vulnerable people. First they advertise you can borrow from their credit card for a year for 0% interest. Than you discover this is 0% interest but you must pay upfront a fee of 3%. Well 3% for a year ( $300 for 10k ) is not bad. Than you used this card next month to buy services for $1, 500.00. Now you got yourself a nice surprise - and this is a PURE SCAM. If you pay in due time $1, 500.00 most of this amount will go towards 10k you borrowed for one year (paying upfront fee ) and lion portion of your $1, 500, 00 will be subject to 28% interest. Now if decide to pay off the whole amount than your 3% fee is actually OVER 30% - SO I WILL PAY OFF MY CARD AND PLACE PLASTIC WHERE IT BELONG TO THE GARBAGE BIN. THIS IS TD BANK?? NO THIS IS A SCAM, BIG SCAM... I called the Bank and the treatment was arrogant like expected from the typical scammer. I was told that these terms are part of the agreement written somewhere ...most likely in small letters - very small letters for the reason small!!!

An
Nov 1, 2018

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