I think so—they are, in my humble opinion-trying to strong arm the public and the politicians with larger and more ridiculous fees!! And the politicians are allowing it!! They are also coming up with insane excuses to stop your credit cards—not that that is such a bad thing. Actually, after what happened last night—I am voluntarily NOT going to use credit cards any longer. I will pay off what I owe eventually—but from this day forward—it is debit cards or prepaid cards for me!! An early New Year’s resolution-one I intend to keep.
Last night I attempted to purchase a gift for a “secret sister” using one of my credit cards—(I will leave the name of the bank anonymous)—it just would not accept the card—finally in desperation (since I was unaware of any problems) I called the number on the back of the card. After explaining the situation—(after finally hitting enough numbers to get to an actual human being) I was told that a new card would be issued to me but I would have to speak to the credit department to have it sent out quickly—1st outright lie!! Well—after having to give financial info-I was informed that because I had supposedly reported a card for fraud in 2007-they could not issue another card-I would have to get that off all 3 credit bureaus—in my opinion-lie number 2—I am NOT going to bother!! They have just lost a customer. And a very good one!!
After I fumed for about 20 minutes—wrote to the person I am going to buy from that I would have to wait till I was paid—I immediately googled prepaid credit cards—to say the info is somewhat confusing is an understatement (and I am a bookkeeper)—I went to a private facebook group and asked this question “Do any of you use pre paid cards and which one?”
This is a group with a great group of women and I received answers immediately!!
I sent in my application for the PayPal Debit card and will go out after I get paid and get a Greendot pre paid card—those along with MY banks debit card I should be okay. From now on it is CASH all the way—if I could figure out an easy way to get out of the banking system altogether I would---but at least I am done with credit cards (except paying them off)—and from what I am hearing-more and more people are doing this—
What is your opinion? I’d love to hear it!!
I was not paid cash for this post. All opinions expressed are my own honest opinions. For more information please check my Disclosure Statement. Our giveaways are in no way sponsored or promoted by Facebook.