Motherfucking banks

[fredej47]

My banking "shit list" started back in 1995 when I was looking to open a checking account. Back in the olden days you actually had to visit or call banks to find out their terms, fees, etc. So I pulled out the yellow pages and called all sorts of banks, big and small. When I called Fleet to inquire about opening an account i was told that I

Comments

[redfishie]

Wells Fargo just did the same thing to me - slightly different rates but still over 20%; no thanks, bite me sparky. I'm glad you posted this as it prompted me to look more fully at the terms and the fact I could reject them.

[fredej47]

Just remember that if you reject the terms you are essentially closing the account. Make sure you don't have any recurring charges on that account because then that will trigger the higher interest rate. I've also found that if you adamantly state that you want to close the account they will bend over backwards to convince you otherwise. It's a good thing to know when negotiating with credit companies.

[kraftus]

I'll take "credit unions" for the win...