Re: New QCard Surcharge

wagirl · ‎03-09-2010

I am all for paperless billing or whatever. You can print it out------but I don't need anymore wasted paper for anything especially if you are paying for to get it mailed--makes no sense at all!!.

Group 5 minus 1 · ‎03-11-2010

I purchase so very few things from the Q anymore,this thing about the "surcharge" doesn't bother me.

KKlim · ‎06-20-2015

I received an email about my Comenity Talbots and Loft cards- $2.99 surcharge! 😡 Everyone is doing it!

bargainsgirl · ‎01-13-2012

I believe HSN card is doing the same but I have not recieved notice nor have I gotten charged. When I do I will cancel the card.

participant2 · ‎08-16-2010

I am not as concerned about the new paperless billing or else $2. surcharge on your QCard bill. I went on the Synchrony site and signed up for the paperless billing so as not to be charged the surcharge.

I am much more concerned though about Synchrony's newly announced (I got an email from them) change in terms raising their monthly interest rate on any QCard balance to over 53%! This is usury. They can get by with it because federal and state laws and regulations, as well as a well-established U.S. Supreme Court decision, have held that usury laws and regulations do not apply to credit cards - only financial institutions that do lending like banks and credit unions, etc.

I haven't fully researched it but I am not aware of any credit card that charges anything remotely near this interest.

I will never use my QCard again. I plan to always choose an alternate method of payment when I check out.

Amazon is now also using Synchrony so I will do the same there- paying 53% interest on any Amazon balance I might have would be horrible!

I wonder if the Q is exploring changing their QCard to a charge card provider other than Synchrony.

Buyers are going to notice they are paying 53% monthly interest if they leave a balance on their bill plus about 80% penalty interest if their payment arrives late.

chlema · ‎05-22-2010

@participant2 wrote:
I am not as concerned about the new paperless billing or else $2. surcharge on your QCard bill. I went on the Synchrony site and signed up for the paperless billing so as not to be charged the surcharge.
I am much more concerned though about Synchrony's newly announced (I got an email from them) change in terms raising their monthly interest rate on any QCard balance to over 53%! This is usury. They can get by with it because federal and state laws and regulations, as well as a well-established U.S. Supreme Court decision, have held that usury laws and regulations do not apply to credit cards - only financial institutions that do lending like banks and credit unions, etc.
I haven't fully researched it but I am not aware of any credit card that charges anything remotely near this interest.
I will never use my QCard again. I plan to always choose an alternate method of payment when I check out.
Amazon is now also using Synchrony so I will do the same there- paying 53% interest on any Amazon balance I might have would be horrible!
I wonder if the Q is exploring changing their QCard to a charge card provider other than Synchrony.
Buyers are going to notice they are paying 53% monthly interest if they leave a balance on their bill plus about 80% penalty interest if their payment arrives late.

My Amazon account is partnered with my Chase account, not Synchrony.

jewel-maven · ‎09-21-2014

@participant2 wrote:
I am not as concerned about the new paperless billing or else $2. surcharge on your QCard bill. I went on the Synchrony site and signed up for the paperless billing so as not to be charged the surcharge.
I am much more concerned though about Synchrony's newly announced (I got an email from them) change in terms raising their monthly interest rate on any QCard balance to over 53%! This is usury. They can get by with it because federal and state laws and regulations, as well as a well-established U.S. Supreme Court decision, have held that usury laws and regulations do not apply to credit cards - only financial institutions that do lending like banks and credit unions, etc.
I haven't fully researched it but I am not aware of any credit card that charges anything remotely near this interest.
I will never use my QCard again. I plan to always choose an alternate method of payment when I check out.
Amazon is now also using Synchrony so I will do the same there- paying 53% interest on any Amazon balance I might have would be horrible!
I wonder if the Q is exploring changing their QCard to a charge card provider other than Synchrony.
Buyers are going to notice they are paying 53% monthly interest if they leave a balance on their bill plus about 80% penalty interest if their payment arrives late.

@participant2 I believe you mean 35%?! I have paid off my Qcard balance and will not be using it for future purchases. On the occasion that I might use it, I will pay the balance in full!