- Report: #501134
Report - Rebuttal - Arbitrate
Complaint Review: First Bank Of Delaware - Tribute Mastercard (gold)
First Bank Of Delaware - Tribute Mastercard (gold)P.O. Box 105555 Atlanta, Georgia United States of America
First Bank Of Delaware - Tribute Mastercard (gold) First Bank of Delaware Atlanta, Georgia
Like everyone else who's filed a negative report concerning Tribute / First Bank of Delaware, I received a letter terminating my participation in their "card program". I, too, was on-time with all my monthly payments, usually paying much more than the minimum amount, and was participating in good faith. The letter stated the account closure would take place October 24, 2009, but my account was closed as of September 4 without due notice!
When I called their office, (transferred to India, of course) they indicated that ALL credit card accounts were closed "due to the economy"; they had ended their entire credit card program. I asked if their closure would affect my credit rating; they said it wouldn't, but that's not how I understand the credit numbers "game" to work; a closed credit account is a negative account, as I understand it.
So, they've ruined my opportunity to rebuild my credit; they've negatively impacted my credit rating, and, to add insult to injury, according to the letter I received, THEY WILL CONTINUE TO CHARGE MAINTENANCE AND PAYMENT SERVICE FEES! There was no mention, of course, about reimbursing annual fees charged BY THEM to the account.
Is this legal? Can they really do this much damage to so many people and not be held accountable for their actions? Is the CEO and his cronies somewhere in Switzerland laughing their collective a**es off while they sit on a pile of ill-gotten gains? Where is the justice?!
This report was posted on Ripoff Report on 09/27/2009 10:49 PM and is a permanent record located here: http://www.ripoffreport.com/r/First-Bank-Of-Delaware-Tribute-Mastercard-gold/Atlanta-Georgia-30348-5555/First-Bank-Of-Delaware-Tribute-Mastercard-gold-First-Bank-of-Delaware-Atlanta-Georgi-501134. 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.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.
Advertisers above have met our
strict standards for business conduct.