MBNA Complaint - Hidden monthly fees
I used the MBNA credit check at 0% interest in January. I sent a payment right after I got the February staement. My March bill said I had been late with my payment and I had a huge new percentage rate. I assumed I did a Rip Van Winkle, never realizing they would delay staement delivery as a tactic. I was amazed to read this had happened to someone else. I paid the entire amount due on the statement. They recieved it in plenty of time, but on my April statement I still owe another $10.47 finance charge. On a bill I paid in full. I closed the account immediately. Even at $10.00 per customer, at a low-ball estimate of a million customers gives them a hefty little side profit. Do not open or recommend MBNA to anyone.