• Report: #525149

Complaint Review: Discover Card Credit Card Services

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  • Submitted: Tue, November 17, 2009
  • Updated: Tue, November 17, 2009

  • Reported By: ruby — Las Vegas Nevada USA
Discover Card Credit Card Services
Internet United States of America

Discover Card Credit Card Services Unfair interest rate hikes Internet

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I was guaranteed a 7.99% interest rate
. Then I was notified it was being raised to 14.99% for no reason!! I was never late with a payment and always made more than the minimum payment due! This raise was not only on new purchases, but on my whole balance. And if I didn't want to accept this I could cancel my account (which was in good standing) and it wouldn't be raised. I was then offered an 11.99% interest rate on my whole balance due.
I was e-mailed that I could re-instate my account within 90 days if I chose to do so.
After about 3 weeks I decided to re-instate my account. When I called them I was told that the 11.99% was "only good that day" and that it would now be the 14.9%!!!
The government bailed out the  banks and we got screwed!!!

This report was posted on Ripoff Report on 11/17/2009 09:37 PM and is a permanent record located here: http://www.ripoffreport.com/r/Discover-Card-Credit-Card-Services/internet/Discover-Card-Credit-Card-Services-Unfair-interest-rate-hikes-Internet-525149. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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