Credit One question

[TexasinATL]

I know most of us got rate jacked to 29.99% recently and our monthly fees went up to $8.75/mo or something.

 

Has ANYONE had any luck getting that fee waived?

 

I'm BillPaying my measly $285 balance today, hate to lose the card/credit limit (sadly, I need for utilization purposes).

 

I'm thinking no one has gotten them to waive it but....maybe????

[TexasinATL]

I guess the answer to my question is NO!

 

[improper_validation]

I'd say goodbye, you have other cards, this is a waste of money. Don't forget it will still be on your reports for age for upto 10 years.

[TroyP]

They'll be waiving mine this summer or they won't have me as a customer much longer...

[Goldmund]

I just got off the phone with Credit One, and they agreed to waive my fee for the next six months when I threatened to cancel the card. When I asked they said it wasn't possible, but as soon as I said go ahead and cancel it then she changed her tune.

 

I still might cancel it since it's the only card that charges a fee for online payments (7.95!), but it is my oldest card and my second highest limit so I can wait another six months.

[Uncle Leo]

Get ready to close it.

 

I don't *know* this as fact, but if I were a betting man I'd guess they NEVER waive the fee. For anybody. Ever.

 

Why? Because the fee is precisely their business model and who they are.

 

Same with First Premier, btw.

[TexasinATL]

Thanks, Goldmund. I will call them next week. Waiting for my BillPay to post to my account and my $0 account balance to show!

[ChristiL]

I still might cancel it since it's the only card that charges a fee for online payments (7.95!), but it is my oldest card and my second highest limit so I can wait another six months.

It's ridiculous to charge customers to pay their bill. I've always used my bank's electronic bill pay service - it's free that way.

[Goldmund]

I still might cancel it since it's the only card that charges a fee for online payments (7.95!), but it is my oldest card and my second highest limit so I can wait another six months.

It's ridiculous to charge customers to pay their bill. I've always used my bank's electronic bill pay service - it's free that way.

 

You know, that's such an obvious solution I'm embarrassed to not have realized it before. I've been mailing in paper checks every month all these years.

[ChristiL]

I still might cancel it since it's the only card that charges a fee for online payments (7.95!), but it is my oldest card and my second highest limit so I can wait another six months.

It's ridiculous to charge customers to pay their bill. I've always used my bank's electronic bill pay service - it's free that way.

 

You know, that's such an obvious solution I'm embarrassed to not have realized it before. I've been mailing in paper checks every month all these years.

Mailing in a check every month in STILL better than shelling out $7.95.

[Lynn37]

I pay credit one, by using billpay from my bank.

 

I will be closing mines in a few weeks as soon as I get another card to replace it.

[Aeroafboy]

I don't have a monthly fee on my cap1 one card. *knocks on wood* I feel fortunate!

[cooldude]

Cardholders of this card for the past month received a new CIT starting in Jan 2010 pertaining to a higher annual fee(99.00) and no grace period for purchases, do I see a lot of request for closing my account because this card is not worth it.