Comments on: 19.99% APR On My Citi Credit Card, True Cost of Credit http://www.consumerismcommentary.com/19-99-apr-on-my-citi-credit-card-true-cost-of-credit/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Thu, 31 May 2012 20:20:48 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Andrew @ Earn Give Save http://www.consumerismcommentary.com/19-99-apr-on-my-citi-credit-card-true-cost-of-credit/comment-page-1/#comment-202496 Andrew @ Earn Give Save Sun, 24 Jan 2010 13:04:07 +0000 http://www.consumerismcommentary.com/?p=8325#comment-202496 It's certainly possible to be responsible when owning a credit card, but when interest rates change so rapidly, isn't it disconcerting? Would fluctuation in any other market be tolerated? It’s certainly possible to be responsible when owning a credit card, but when interest rates change so rapidly, isn’t it disconcerting? Would fluctuation in any other market be tolerated?

]]> By: Randy http://www.consumerismcommentary.com/19-99-apr-on-my-citi-credit-card-true-cost-of-credit/comment-page-1/#comment-202174 Randy Thu, 21 Jan 2010 11:59:18 +0000 http://www.consumerismcommentary.com/?p=8325#comment-202174 You said "Yet even with this practically guaranteed income, some credit card companies now want to start charging additional fees to those of us who pay our balances in full every month." Maybe I'm reading too much, but it sounds like you're saying they shouldn't? Credit card companies will make every dime that they can in every way that they can. Since they show us no allegiance, we should show them the same. If you're in a position to change, do so (or at least threaten) when they change the T&C's. I won't pay an annual fee or interest. I'll simply surf to another card. You said “Yet even with this practically guaranteed income, some credit card companies now want to start charging additional fees to those of us who pay our balances in full every month.”

Maybe I’m reading too much, but it sounds like you’re saying they shouldn’t?

Credit card companies will make every dime that they can in every way that they can. Since they show us no allegiance, we should show them the same. If you’re in a position to change, do so (or at least threaten) when they change the T&C’s. I won’t pay an annual fee or interest. I’ll simply surf to another card.

]]> By: Single Guy Money http://www.consumerismcommentary.com/19-99-apr-on-my-citi-credit-card-true-cost-of-credit/comment-page-1/#comment-202024 Single Guy Money Wed, 20 Jan 2010 01:25:04 +0000 http://www.consumerismcommentary.com/?p=8325#comment-202024 Some of the rates on my credit cards are outrageous but I'm not really concerned about them. Most of them have no balance and the two that I use offer rewards and the balance is paid in full each month so I pay no interest. - Single Guy Money Some of the rates on my credit cards are outrageous but I’m not really concerned about them. Most of them have no balance and the two that I use offer rewards and the balance is paid in full each month so I pay no interest.
- Single Guy Money

]]> By: Eric http://www.consumerismcommentary.com/19-99-apr-on-my-citi-credit-card-true-cost-of-credit/comment-page-1/#comment-202017 Eric Wed, 20 Jan 2010 00:57:55 +0000 http://www.consumerismcommentary.com/?p=8325#comment-202017 I don't care about APRs either but all of mine are below 14% with the lowest being 9% I don’t care about APRs either but all of mine are below 14% with the lowest being 9%

]]> By: Justin http://www.consumerismcommentary.com/19-99-apr-on-my-citi-credit-card-true-cost-of-credit/comment-page-1/#comment-201964 Justin Tue, 19 Jan 2010 16:17:08 +0000 http://www.consumerismcommentary.com/?p=8325#comment-201964 Very interesting. I guess I realized that retailers had to pay the fee, but the price increase dilemma had never occurred to me. Is it therefore our duty as responsible consumers to dump our rewards credit cards and start living cash-only lifestyles? Very interesting. I guess I realized that retailers had to pay the fee, but the price increase dilemma had never occurred to me. Is it therefore our duty as responsible consumers to dump our rewards credit cards and start living cash-only lifestyles?

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