lolitam Posted March 23, 2007 Report Share Posted March 23, 2007 In December I received an offer from my current bank's credit card for 0% APR on balance transfers. The offer was set to expire on Jan 8. So on Jan. 4 I apply online as the letter instructs, request balance transfers, am approved, get my card and welcome letter, blah blah. Then when I finally checked my statement I see that I am indeed accruing finance charges. I just got off the phone with some unhelpful person who is telling me that my offer is/was that my finance charge on balance transfers is 9.99% and I will receive 0% on PURCHASES through my July 2008 statement date.Now, my previous card was 9.99%, so it's stupid to have transferred and possibly paid fees on the transfer to get the same rate. My welcome letter DOES actually say 9.99% on balance transfers and 0% on purchases, but my INVITATION LETTER , which is the only reason I even applied in the first place, does not. The Invite clearly states 0% on balance transfers. So wtf? I have both letters in my hand right now, the customer service reps won't help me, and now I need to send these letters off somewhere to have 'correspondance' look at them.Any suggestions about what I can do? I guess I'll look around for another 0% offer and transfer there but it's bad for your credit score to open up a few new accounts in a short time span. Link to comment Share on other sites More sharing options...
elyse449 Posted March 25, 2007 Report Share Posted March 25, 2007 I'd take the papers to your bank and show them. Someone there can "verify" your offers and perhaps call the credit card issuer from the bank? That's my idea. Elyse Link to comment Share on other sites More sharing options...
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