MBNA - "The Bend You Over and Prison Fuck You Credit Card Company"
So I got a junk-mail looking letter in the mail from MBNA (my credit card company) and decided to open it. It revealed a little pamphlet titled: "Important Changes to Your Credit Card Account", with subtitling of: "Changes in Terms document", "Summary of what's changing", "Tips for managing your account", "Take advantage of these outstanding benefits". Now, who the hell would read this junk, right? Well, I decided to read it because MBNA pulled this shit on me 8 months or so ago...Opening the pamphlet there is a bunch of jibber jabber about "Tips for managing your account", then under "Summary of what's changing" is this:
"We are changing your annual percentage rates. These are labeled (APR Change) in the enclosed Change in Terms document. You do not have to accept these APR changes; please see the enclosed instructions"
Then you have to pull out the Change in Terms document and read through the 3 pages of fine print and how to "not accept" a rate increase. Can you call? No. Can you email? No. Those options would be too easy! You have to write and mail a god damn letter! And, guess when it was due...YESTERDAY. You have to be f-ing kidding me.
SO, I call up MBNA, to find out what they think they are going to raise my APR to...Get this...from 9% (which they raised from 7% two months ago, because I threw away a junk letter like this one) to 24.99%!!! WTF?! Does the front of this pamphlet really say "Take advantage of these outstanding benefits"?! What a joke. Did I mention that I always pay my credit card bill on time?
So tomorrow I have to call the main office of MBNA - "The Bend You Over and Prison Fuck You Credit Card Company"









