"John Clear" wrote in message
...
In article , wrote:

Recently, I've found the payment period on my account significantly
reduced, and
the statements mailed late, leaving me with little or no time each month
to pay
the bill. As an example, my last bill, dated "5-2-05", arrived on
5-18-05, and
was due 5-23-05. As the service center for MBNA is on the opposite coast
from
me, it's nearly impossible to make the payment on time. This appears to
me to be
a deliberate attempt by MBNA to cause a missed payment, resulting in
penalties
and interest.

Closing date of 5-16-05, bill received 5-21-05, payment due 6-10-05.

In my experience, MBNA is slightly less evil then some of the other
credit card companies. Twice I've missed the payment due date,
and called them, and they gave me a payment holiday so that there
would be no penalty for late payment. Citi sits on payments for
up to a week before crediting your account, even for electronic
payments. MBNA only sits on epayments for two days,

A few years ago CitiBank got hit (something like $300 million) for sitting
on payments. Of course, the Feds mandated NOTHING back to the card holders
that were screwed (more $$$ for the feds).