- Report: #813295
Report - Rebuttal - Arbitrate
Complaint Review: Sears Credit Card (CITI)
Sears Credit Card (CITI)Internet United States of America
Sears Credit Card (CITI) Sears credit card rip off via "minimum charge" Internet
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Sears apparent policy is the charge a "minimum charge" of $2.00, which is added to your statement. This has been confirmed with family members who were Sears card holders.
Sears policy as stated on the back of their monthly statement "We will not charge you any interest on purchases if you pay your New Balance by the payment date due each month. I suppose the "minimum charge" is not an interest payment according to Sears. There is nothing in their fine print on back of statement about this practice or that a "mimium charge" even exists.
Think of all the Sears credit cards in use & each card is being ripped off for $2.00 per month; a very nice profit
This report was posted on Ripoff Report on 12/23/2011 06:13 PM and is a permanent record located here: http://www.ripoffreport.com/r/Sears-Credit-Card-CITI/internet/Sears-Credit-Card-CITI-Sears-credit-card-rip-off-via-minimum-charge-Internet-813295. 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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