An Open Letter to Barclay Juniper Mastercard...

Buyer BEWARE... I should've known a year ago when the first card didn't show up and it was a struggle to get the second card mailed out.

Oh sure, for a couple of months everything after that went fine. And for the last year I've been not only making my payments TWO WEEKS early but for 11 of those months I've PAID THE BALANCE IN FULL and there have been months when the balance was equal to one of my paychecks... but nonetheless I've faithfully kept up my end of the bargain.

Now I find that you aren't going to keep yours up. I opened the card because it had a 7.9% FIXED rate. I opened a letter in the mail today that told me you're changing it to a 12.9% VARIABLE rate... not only a FIVE POINT jump but also a COMPLETE CHANGE IN TERMS.

And I've done NOTHING, N.O.T.H.I.N.G to warrant this.

So know I'm faced with a choice. Do I (a) call and opt out and have the card canceled and TAKE AN UNWARRANTED, UNSOLICITED hit on my credit or (b) suck it up and accept this underhanded bullshit tactic.

This was the FIRST credit card I decided to open in the past ten years. The only reason I originally opened it was for the great fixed interest rate. The original plan for the card was to transfer the last little bit of one of Jim's 28.9% balances to it to give him some breathing room. It came in the mail the week Jim was taken and was a saving grace the week I was in Colorado while he was missing. But I don't think that's any reason to be chained to it much longer. Even my ZERO interest card came with a better after promotion interest rate then what this card is being changed to.

RIDICULOUS.