They extort 28% APR from you while paying 2% to account holders.
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Good point for this thread! How many people are actually getting a feeling of revenge/satisfaction from sticking it to the bankers?
How many of us are both sick and mad at these freeloading bums and at the same time, enjoy seeing the working stiff, stiff the bankers?
Fight Club type debt destruction reset only with mortgages blowing up; not credit card company buildings?
On a related point, I paid off my Bank of Amerika credit card balance last month in full because they hiked my interest rate to the moon (after being a card holder since 1990 with ZERO lates). Today I opened my bill and they were asking for more interest $$ even though I paid before the due date. I call BofA and they say, “oops our bad, we’ll take that off”. Conniving Assholes!
They get all the tax payer funded dollars they like, at zero % interest so they can play like they are solvant and we get the shaft.