[quote=moneymaker]I have the contract and it explicitly states the rate is $20 per year guaranteed and cannot be broken. Not being a lawyer I would think the “not be broken” part would be equally binding. No I haven’t received my increase yet so maybe I will be one of the few that doesn’t get the increase.[/quote]
I have the $20 rate as well. I will try to look for my contract, but from some of the reddit posts, the fine print seems to say they can raise it (at least according to the 2007 member post).
What’s sad with this is if they can raise it in any subsequent year, what’s the point of purchasing a annual fee and pay more upfront when you joined (I think I joined for 2 years) just so they can raise it on you at year two? That sounds a bit misleading.
I hope I can find it. Maybe some of the older plans are better worded.