AOPA credit card --- WARNING.

Discover is nasty about this. My ex is in debt up to her @$$. One card is a
Discover. Cash advances were at a horrific 20-30%. Purchases were lower, but
still in high teens. Majority of balance was purchases. She had money to pay
off the cash advance portion, since that was eating her alive. Dickscover
wouldn't allow it. "Pay off the purchase balance first, then you can pay off
the cash advance portion". She wont have the purchase stuff paid off for
years. Great income for Dickscover.

Now, I have a Discover too, but I never put a charge on it that I cannot pay
off in full. Never. Ever. I'll take out a loan at my bank first.

Whew, I feel better. Now, where's them leftovers....


"BTIZ" wrote in message
news:48qpd.146702$bk1.38982@fed1read05...
I've noticed that also, all balances were paid in full, and I only use the
AOPA card for aviation purposes to get the 5% rebate and then pay in full.
And yet the rate goes up on recurring balances, while they offer 4%
transfer
credit.

Read the fine print, any payments made pay off the lower interest rate
debt
first while the higher "revolving balance" interest rate continues to
accrue. Some companies do apply payments equally to all debt at different
rates based on the ratio on each debt.

BT

"RS" wrote in message
news:m3opd.97109$5K2.54232@attbi_s03...
If you have an AOPA/MBNA credit card then you should check the APR on
your
last statements. MBNA has been raising the APR on AOPA cardholders, even
if you pay on time.

So check your credit card statements and call AOPA credit card services
to
complain.
And also call MBNA to drop the rate back down.

On Fri, 26 Nov 2004 02:58:02 GMT, "Steven Barnes"
wrote:

Discover is nasty about this. My ex is in debt up to her @$$. One card is a
Discover. Cash advances were at a horrific 20-30%. Purchases were lower, but
still in high teens. Majority of balance was purchases. She had money to pay
off the cash advance portion, since that was eating her alive. Dickscover
wouldn't allow it. "Pay off the purchase balance first, then you can pay off
the cash advance portion". She wont have the purchase stuff paid off for
years. Great income for Dickscover.

Discover is just nasty.

I moved. Called Discover to change my address. Got 2 statements with
the new address, then didn't notice I didn't get a statement, then
next month got a statement which showed a $42 30 day overdue balance.
I called them to figure out what was going on and they sent me a
reprint of the statement, which had the old address on it. No idea
why the post office didn't forward it, but I digress. After griping
to them about a late column entry because of their mistake they
basically told me to take a leap. Couple of months later I picked up
my credit report and found that they had actually reported me as 30
day late on a whopping $42 balance because they mailed the statement
to the wrong address, even though their computer had done statements
to the correct one in the intervening period. Then, even though it
was their fault and I had never carried a balance before that month,
they refused to remove the entry from my credit report. I closed my
account on the spot.

On Thu, 25 Nov 2004 16:50:26 GMT, "RS" wrote:

If you have an AOPA/MBNA credit card then you should check the APR on your
last statements. MBNA has been raising the APR on AOPA cardholders, even if
you pay on time.

So check your credit card statements and call AOPA credit card services to
complain.
And also call MBNA to drop the rate back down.


The APR is only an issue if you carry a balance.
Ron (EPM) (N5843Q, Mooney M20E) (CP, ASEL, ASES, IA)

"RS" wrote in news:m3opd.97109$5K2.54232@attbi_s03:

If you have an AOPA/MBNA credit card then you should check the APR on
your last statements. MBNA has been raising the APR on AOPA
cardholders, even if you pay on time.

Even if you pay on time? I always paid each month in full and was never
charged a red cent. Do you have a reference to back up your claim?

"Andrew Sarangan" wrote in message
...
"RS" wrote in news:m3opd.97109$5K2.54232@attbi_s03:

If you have an AOPA/MBNA credit card then you should check the APR on
your last statements. MBNA has been raising the APR on AOPA
cardholders, even if you pay on time.

Even if you pay on time? I always paid each month in full and was never
charged a red cent. Do you have a reference to back up your claim?

People are really not too smart around here. Paying on time means paying at
least the minimum payment, on time.

From what I hear, MBNA recently changed a bunch of AOPA customers from fixed
interest rate to variable with a fine print clause which basically said..
"we are changing you to variable rate unless you send us letter of objection
within X days". And when people called MBNA to find out whether this meant a
rate change was coming, they said "NO" on the phone... but a rate change was
instituted anyway

Did you see the Frontline segment about this sort of thing the other day?
This is actually normal. The contracts clearly state that they can raise
the rates however they want. MBNA is one of the big three that are
notorious for it.

-c

"RS" wrote in message
news:m3opd.97109$5K2.54232@attbi_s03...
If you have an AOPA/MBNA credit card then you should check the APR on your
last statements. MBNA has been raising the APR on AOPA cardholders, even
if
you pay on time.

So check your credit card statements and call AOPA credit card services to
complain.
And also call MBNA to drop the rate back down.

RS wrote:
If you have an AOPA/MBNA credit card then you should check the APR on your
last statements. MBNA has been raising the APR on AOPA cardholders, even if
you pay on time.

MBNA is a bunch of crooks (this is typical of just about every AOPA related
service). They have had a long history of misapply credits and other billing
screwups on my AOPA and other accounts. It took me a long time to get one
of my other accounts (Margy's AMEX I think) straightened out due to erroneous
information reported by MJBNA).

Don't even get me started about their aircraft loan problem.

At least they now let you request your AOPA rebate on line.