"Too Many Fees"

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Written by: jacknimbie on 2008-06-30

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jacknimbie's review: Callout Comment This card has too many fees,$7.95 to pay online,$5.75 monthly fee, now even if you do not use your card for a month of two they will still add purchase fees to your account, so if you only pay your minimum payment, these fees put you over your limit then they charge you for that, only card I have ever seen that you have absolutely not even $1.00 left after fees.


Comment 1 by mrrob
Fees User Icon on 2008-07-01

Remarks I know this card carries a lot of fees however most of us who have been through financial and credit hardship have no other alternative. I say hang on to the card until you are able to get a better one. This card will assist in restablishing credit. Good luck
Comment 2 by wildrage2
Credit 1 User Icon on 2008-07-01

Remarks From what I've seen, they also have some of the lowest limits.

My little brother got an offer from them in the mail. $200 limit and about $120 in start-up fees.

After I talked to him, he was approved for a Citi student card w/ a $500 limit and no AF.
Comment 3 by mark
Go For A Secured Card User Icon on 2008-07-01

Remarks Go for a secured card instead.

your limit can range from 300-10,000 depending on how much you put down as a security deposit.

Bank of America has one.

i believe HSBC, Chase???
Comment 4 by arod
Yes Mark Is Right!! User Icon on 2008-07-01

Remarks Open a secured card these bank offer it Bank Of America, Citibank, Hsbc,

But I would recommend BOA or Citibank instead of paying all those fee's

In a year or two you could get your deposit back.

Good Luck,

Comment 5 by arod
Also User Icon on 2008-07-01

Remarks Other banks that offer Secured card

Capital One. I recommend this bank too.
Comment 6 by meya
Hmmm User Icon on 2008-07-01

Remarks This card does have the monthly fee and a fee to pay online. But you can avoid one of them, the online bill pay. All you have to do is mail a check or money order to them instead of paying online. Seems like to me that someone will have to be nearly close to the limit for the $7.95 monthly fee to take them over-the-limit. That is a number one No-No!

If you have read the reviews, you would have seen that this card is not nearly higher in fees in comparrison to some others, but like everyone said, your best bet is to get a Capital One or Orchard, they are more in your favor when it comes down to fees. Or just open a secured card.

Either way it goes, the card is still good for rebuilding. You can always change your type of cards as your credit gets stronger. I have been suffering for the past 5 years with subprimed cards, but my struggle is about to come to an end when very soon because my credit foundation is beginning to hold its own.
Comment 7 by cameron
WELLS FARGO SECURED User Icon on 2008-07-02


Easy to increase or decrease your set secured when you open checking with them, so you don't have to mail in cheque. Excellent customer Service. They are fast to report to all 3. Without you ever asking they will graduate you to non secured.

Orchard though great help to build and repair all secured are, but they will try to keep you secured longer.
Comment 8 by adam
Use Bill Pay If You Have It User Icon on 2008-07-03

Remarks I use online bill pay with wells fargo and it cost me $0 and the payment is reflected the very next day.
Comment 9 by jacknimbie
Thank Everyone User Icon on 2008-07-16

Remarks I would like to thank everyone for the information that was added to my review concerning the credit one card that I have, it was very helpful. I also have the tribute, salute, orchard. I was wondering if any knows how the annual fee will work on the tribute, my annual is 08/2008 do any of you know if the annual fee will post on a certain day based on when card was activated, or first used, or will it be anytime during the month of August, I would be grateful for any information received on this matter. Thank you all
Comment 10 by hjm331
RE: Jacknimbie User Icon on 2008-07-16

Remarks A creditor will always try to charge you the annual early as possible. They will most likely charge you the annual a month before your account turns one year old.
Comment 11 by kiejon9
My Wife Has This Card User Icon on 2008-07-24

Remarks Will my wife has this card and yes they have alot of fees for this card man and also I call for my wife to see when she can get a cli she got this card in Nov of 2007 and today I call to see about the cli they told she can get the cli but there is a $$$ 20 fee what kind of s**t is that man.
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