I recieved a First Capital Card (ie. Capital Credit Alliance (C.C.A. Card). I contacted First Capital, and according to the representative there, they have no subsidary company by this name, nor do they endorse this offer. I called the 'activation' #. Really the offer sounds good...sort of...You get upto $6500 credit to purchase items from catalogs w/in their list of merchants.
The ad doesn't specify how much you pay up front, but it does tell you this 'we'll offset our standard membership fee of $200 by giving you $200 in credit with your first purchase over $300...'. Then it reads on...'We'll also give you another $100 in credit with any other purchase over $200 to offset our standard $99 annual fee'. Hmmm...I was curious...I called...I came right out and asked, 'How much would my membership fee be?'
It took several re-directed answers before I could get the guy to finally admit it was $200. Neither he nor his 'supervisor' could tell me how often I had to pay that $200 (ie annually, one time, etc...). I did find out that the annual fee was $99. Other 'catches'...You have to provide them with your bank account information & that 'legally' obligates them to debit the full amount of your account balance anytime the balance becomes overdue.
Knowing that, I question why they have a transaction fee for paying late of $15. Maybe they tack $15 on when they just debit the full balance, huh? I asked about a website from the 1st guy. Yeah, we have one, but i can only give you the site info if you were a member.
The 'supervisor' said they don't even have one. Definately sounds fishy...I would steer clear of this one. You already have one report on them...don't know if you want to add to it, or just do mine as another one.
Saint Paul, Minnesota