USA Gold authorized a "Gold Card" with a credit limit of $8500.00 in my name. The advertising falsely leads the applicant to believe they are applying for a Gold Visa card, however, when you receive the card you learn that the "Gold Card" you are approved for is only good to be used with their company "US Credit Superstore."

As part of the package you receive an application for a "Pre-Approved" Visa card, not indicating the credit limit you have been approved to receive. Naturally, one would assume that the credit limit is the same as that which was given to you after your original application. Wrong!

I did not get a Gold Visa with a credit limit of $8500.00. I got a card with a credit limit of only $300.00. Then, to add insult to injury, they charged me an "annual fee" of $50.00, a "partcipation fee" of $6.00, and an "Accept Fee finance charge" of $225.00. The card company gave me a $300.00 credit limit and then unilaterly charged me $281.00 for the priviledge of having their card.

I have returned their card, cut into little pieces, along with their bill demanding that they cancel the account and remove all of their bogus charges. I really think someone should start a Class Action suit against all of these companies. Their actions verge on fraud and something should be done about it.

Clarene
Hopatcong, New Jersey
U.S.A.