Tuesday, October 02, 2007

Citi sends unrequested credit cards


Who: Affects 3.5 million Macy's customers who haven't used their credit card accounts for 24 to 48 months.

What: Macy's store credit card is being flipped to a general-purpose Citi MasterCard.
What to do if you receive an unwanted card:

• Call the bank to close the account; cut up the card. Confirm in writing.

Source:
http://www.usatoday.com/money/industries/banking/2007-09-27-credit-cards_N.htm

We live in the capitalist world, where Greed it not bad at all. I know of some instances where BofA sends checks that I can use as cash advance and Citi calls me and preapproves a personal loan that I never applied for, HSBC sends me a Platinum card with free offers !

They are dragging us to enter the complicated Matrix- where businesses want to feast on consumers !!

Do watch your bottom !

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