Bank left me gobsmacked
Created: Jan 04, 2017 07:00 AM
Dear Sir,
Two notes on my latest credit card statement from Butterfield Bank left me gobsmacked:
• As a valued customer we would like to give you a holiday gift. You may skip this month’s payment. You just don’t pay it. Finance charges will continue to accrue, however. Best wishes for the holiday season.
• Important notice. Effective January 25, 2017 the interest rate applied to purchases and cash advances on your credit card will be increased by 1 per cent. The late payment fee will increase to $45.
So don’t pay this month and then we will be able to charge you an even higher rate on your outstanding balance.
Really ...
NORTHERN SOUL