We have 2 tribute cards- I have one and dh has one.
MY card doesn't have very many fees involved- I think it's about a $50 annual. I opened this card 18 months ago, 6 months post bk. They gave me a 1k credit line to start. Major problem with it being, I missed 1 payment, last july. They bumped me immediately to a 29% apr. I did just get a cli up to $1500 last month- over a year before my first cli.
Dh's card is terrible. Well, I'm upset over it anyway. I also missed a payment on his card last year. His account was opened at a 300 limit. He got a cli at 6 months to $680. His card has an annual fee of $80, and a maintence fee of $6, 17% apr.
Well, big oops- but his payment was late last month by about 3 days. I was a bit occupied- I was in the hospital having a baby- and missed getting the payment scheduled on time. We just got notice that his maintenence fee has been raised to $10 because of the late payment. OUCH! I understand that we did have 2 late payments only 10 months apart, but holy cow, that seems harsh. $200 a year for a $680 cl? Don't think so.
Needless to say, we'll be canceling dhs card. My card I still have open even with the 29%, since the card is in my sock drawer anyway.