Friday, November 23, 2012

Don't sign up for airline discount credit cards unless you're going to fly soon


Well, I got rooked by US Airways and Barclays for $111.  It’s another case of throwing away money in the hustle and bustle of an estate settlement.  It’s not that much money, but it’s the principle of the thing.  This is unethical, deceptive behavior by the airline and the bank.

Just before landing in Los Angeles last May on a cross-country USAirways flight, I foolishly signed up for a credit card (VISA) that was supposed to give you one round trip for, I think, $199 on US Airways.  The only trouble was, I didn’t know how long it would be until I flew again.

I didn’t even see a bill in the mail for the card’s $89 annual “fee”.  I got a call from one of  Baclays’s collectors in August and “settled” it for a total of the $111 (the “penalty” for being a couple days late was $22; it could be worse).  

Today, I got a notice that the account had been closed for lack of use.  I’ve only had the card five months.
  
Is this a security procedure, or just a racket?

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