Q Talk

[qbetzforreal]

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@icezeus wrote:

I am surprised that people actually use them. I can just imagine what the interest rate is.

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I have to agree with you, icezeus.  Interest rates on store credit cards is crazy.  One would never get the balance down if lured by easy pays.

[qbetzforreal]

The interest rate is currently 26.24% with late fee penalty of 37.00

[Chatyone 2]

Thanks for the info .. time to pay it off with tax refund .. 

[ANewHue]

This is going to be a "perfect storm" for the Q.  Rallying new customers with the Qcard with the  incentive of easy pay.  I'm sure many unfortunately will get in trouble and THEN stop shopping here.

[Family Gal]

Raising the interest rate on the Qcard to over 26% is ridiculous!  When HSN increased their rates several years ago I sent them a letter requesting that they cancel my card due to their increased interest rates.  I then received a letter back that they would waive the increased rates on my account - LOL!  Too late - they lost me as a customer. 

Sadly, I believe I am going the same route with QVC.  Less and less quality, even on name brands.  Misleading shipping costs, lost packages, receiving other customer's returns - it all adds up to dissatisfaction.  And almost everything they offer can be found cheaper with a few internet searches.

In my opinion, this interest rate increase is pure profit for them.

[Another new name Sue]

If you pay your balance off every month like you should, you wouldn't care if the interest was 100%. Please don't carry credit card debt. It's evil.