Incredible Shrinking Grace Period
Jun 9, 2008 | 11:20 am
#1
Original Poster
Join Date: Feb 2003
Location: Reston, Virginia, USA
Posts: 653
Incredible Shrinking Grace Period
Several of my credit card companies seem to be dragging their feet on mailing out bills. The object, of course is to generate late fees and to be able to charge interest on pay-in-full freeloaders like me.
Sleaziest of the lot is my Capital One Visa. They take 14 - that's right -fourteen days to deliver the bill. That's more than half of the grace period.
Is anyone worse than Capital One?
Sleaziest of the lot is my Capital One Visa. They take 14 - that's right -fourteen days to deliver the bill. That's more than half of the grace period.
Is anyone worse than Capital One?
Jun 9, 2008 | 12:03 pm
#2
Flyertalk Posting Legend Moderator: Credit Card Programs, American Express, Capital One, Chase, Citi, Diners Club, Eco Travel, Signatures
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA, IHG & Marriott Platinum; DL & HH Gold
Posts: 51,891
What difference does it make when the postal copy arrives, the statements are available online immediately, aren't they?
Jun 9, 2008 | 12:12 pm
#3
Join Date: Aug 2006
Location: CLT
Posts: 7,249
Exactly. I have always had digital delivery of my bills. I couldn't imagine waiting for a bill and mailing a paper check! By checking online you can monitor your purchases and know immediately if anything looks out of line.
