Originally Posted by
conroy
FWIW, I also got such a mail and have no balance, good credit, etc. ...
cash advances == prime + 21.99%
apr == prime + 23.99%
late fees:
< 250 balance --> $19
250+ --> $39
the over the limit fees are being removed - yeah for me.
If I recall correctly, the 23.99%+prime were on late balances, not on normal charges. The regular interest rate is never higher than the cash advance rate. I think the regular interest rate was 11.99%+prime. I have no idea what it was before.
Agreed on the over the limit charges. I think my credit limit is something like $30K. I rarely have a month that I hit 1/3 of that.