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The time now is 01/08/09 - 13:55

Converting my credit card?


RealCool.BIZ Forum Index -> Finance -> Plastic Cards

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alonso
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Joined: 11 Jan 2007
Posts: 5



PostPosted: 12/29/07 - 09:41    Post subject: Reply with quote

Last year I have opened an account at this bank that my friend advised me. That decision was made too fast and now I am considering to close credit card. Their annual fee is just to high and I already have accounts in other banks so I don’t need to keep it. What do you think?
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don
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Joined: 29 Jul 2004
Posts: 4



PostPosted: 01/28/08 - 02:35    Post subject: Reply with quote

Maybe you should consider other options. For example you can convert your credit card in some other with no annual fee but with same issuer. It is no sure thing that they will approve you that converting but you can try. If you just cancel it you still have to pay your debt and I have heard from some people that banks often make those canceling procedure longer so they can charge you more.
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