First Diner's Club billing statement

Anonymous · ‎10-19-2014

Received my first Diner's Club statement. Couple of things that I did not expect:

First, my annual fee did not post

Second, the entire credit line is available as Cash. Would not ever use it but it seems on most cards only 10-20% of line is for cash.

Third, and this is the strangest. There are 10 categories for interest charges:

1.9% offer

17.75% offer

5.4% offer

8.9% offer

9.9% offer

Prime + 3.15% offe

Prime + 5.75% offer

Prime + 9.9% offer

Revolving Balance offer 0%

Prime + 8% offer

Never seen anything like it.

Billybob_TX · ‎10-19-2014

Is it showing up on any credit report?

Anonymous · ‎10-19-2014

Has not reported to any CRA yet

FinStar · ‎10-19-2014

@Anonymous wrote:
Received my first Diner's Club statement. Couple of things that I did not expect:
First, my annual fee did not post
Second, the entire credit line is available as Cash. Would not ever use it but it seems on most cards only 10-20% of line is for cash.
Third, and this is the strangest. There are 10 categories for interest charges:

1.9% offer
17.75% offer
5.4% offer
8.9% offer
9.9% offer
Prime + 3.15% offe
Prime + 5.75% offer
Prime + 9.9% offer
Revolving Balance offer 0%
Prime + 8% offer

Never seen anything like it.

Very interesting indeed. Thanks for sharing this info

Ron1 · ‎10-19-2014

I didn't get this offer on mine. Maybe I want one myself.

Ron.

Anonymous · ‎10-19-2014

It wasn't an offer. These are all the categories listed under finance charges. Maybe a list of upcoming targeted offers. Usually a credit card bill shows purchase APR, cash advance APR, Balance Transfer APR not 10 categegories. Not really sure why

Ron1 · ‎10-19-2014

@Anonymous wrote:
It wasn't an offer. These are all the categories listed under finance charges. Maybe a list of upcoming targeted offers. Usually a credit card bill shows purchase APR, cash advance APR, Balance Transfer APR not 10 categegories. Not really sure why

Interesting.

Ron.

iwazl71 · ‎10-20-2014

How long have you had the card?

Scores: EQ 796, EX 790, TU 807
Personal and Business Cards: 31 with 763k
High Limit Cards: CSP 50k | BoA Cash 81k | NFCU flagship 60k | Penfed Rewards 50k | Aviator Silver 52k

WuXing5 · ‎10-21-2014

lol its a sign that harris bank will charge you up the kazooo if you carry a balance

"I know the human being and fish can coexist peacefully. " - GWB

Anonymous · ‎10-21-2014

@Anonymous wrote:
It wasn't an offer. These are all the categories listed under finance charges. Maybe a list of upcoming targeted offers. Usually a credit card bill shows purchase APR, cash advance APR, Balance Transfer APR not 10 categegories. Not really sure why

At a guess it's not a list of upcoming offers as much as shoddy programming. These are the rates that COULD be on the card (for all cards?) and instead of just showing those that actually apply they show them all. So as you say, most statements show Cash Advance Interest and Purcahse Interest, even if these are 0. This just seems to show all possible, even if they don't even apply.