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Entries Tagged as 'annual fee'

Credit Card Companies Instituting “Minimum Annual Purchase” Policies

August 26th, 2009 · No Comments · Banking, Credit Cards

We just learned Citibank is informing their customers it will impose an $35 annual fee unless a minimum of $2400/yr is charge on their credit card accounts. This is, of course, part of the unintended consequences of the new credit card reform laws. We wrote previously wrote about another unintended consequence, the [...]

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