Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 3/23/84; site cbosgd.UUCP Path: utzoo!watmath!clyde!burl!mgnetp!ihnp4!cbosgd!mark From: mark@cbosgd.UUCP (Mark Horton) Newsgroups: net.consumers Subject: Re: Free? Visa Card Offer - (nf) Message-ID: <187@cbosgd.UUCP> Date: Sat, 28-Jul-84 23:10:28 EDT Article-I.D.: cbosgd.187 Posted: Sat Jul 28 23:10:28 1984 Date-Received: Sun, 29-Jul-84 23:26:32 EDT References: <373@wdl1.UUCP> Organization: AT&T Bell Laboratories, Columbus Lines: 16 Sounds like Execu-Charge. They probably have a very high interest rate and encourage you to make small payments, so they make lots of money on interest. The mandatory cash advance is a dead giveaway. Most savings and loans in Columbus offer free checking, some with free Visa. (My former bank, BancOhio, just started charging a per check charge on top of the $5 fixed rate charge I had been paying, so I closed the account out and opened a checking account at State Savings. I have a free Visa with free checking, a chain ATM, and all the services I'd expect from a bank except being well known in the banks-we-wire-money-to books. And the Visa is only 17.75% interest.) You should also expect them to not keep the Visa free. Execu-charge started charging $20/year after a couple years. I don't know if State Savings will start charging someday or not.