Why do you hate this lender?

[Anonymous]

I've seen a lot of people posting 

"I don't have to deal with _____ bank" or a "benefit of getting this card is I don't have to join _____ bank"

I'm just wondering, what are the reasons you guys dislike a specific bank and refuse to apply a card from them? Discuss  

[galahad15]

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@Anonymous wrote:

I've seen a lot of people posting 

"I don't have to deal with _____ bank" or a "benefit of getting this card is I don't have to join _____ bank"

I'm just wondering, what are the reasons you guys dislike a specific bank and refuse to apply a card from them? Discuss  

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Not happy with SunTrust and US Bank, if only b/c they attempted to signficantly RJ my credit cards with them during the time of CARD Act, and so they closed them down for me when I declined the CIT.  Also SunTrust incorrectly handled a BT offer for me that ended up costing me 2x in BT fees, which they then refused to make right.   

[Anonymous]

Tumultuous past relationship with US Bank.  Difficult to open a basic savings account early 2000's,  poorer customer service than other institutions whom I have/had relationships with, and la piece de resistance, my only charged off credit card. The later understandably arguable due to personal circumstance, but trust in my word I will not use their services for as long as I handle my finances.

I moved all my accounts and will not bank with them. I should've taken my gut feeling and paid the fee, yes fee, to remove my savings account in '07 that they held, and required that I go Social Security office, with my Social Security card and notarized United States Birth Certificate, to prove I am a legal citizen. I deposited the funds then this happened. 

Blacklisted.

[Anonymous]

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@Anonymous wrote:

I've seen a lot of people posting 

"I don't have to deal with _____ bank" or a "benefit of getting this card is I don't have to join _____ bank"

I'm just wondering, what are the reasons you guys dislike a specific bank and refuse to apply a card from them? Discuss  

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While some (such as the posters so far) have personal experience, I see a lot of these statements based on stuff-known-to-be-true-because-its-posted-here.   e.g, 

never bank with Amex because they FR you whenever, Barclays will cancel your card if you apply for others, bank Xs cards don't grow with you etc.

Any of which might be true in certain sitatuations, but I think it makes people miss out on some decent cards.

[Anonymous]

Truth! +1 LongtimeLurker

Personal story sharing. Many here bank with Sun Trust and US Bank but you can betcha that each of us have our own personal blacklist for personal reasons.

Find who you like, it's a business relationship. I'm thinking OP's post was who you personally won't form a business relationship with, I hope! *bites lip*

[DeeBee78]

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@Anonymous wrote:

I've seen a lot of people posting 

"I don't have to deal with _____ bank" or a "benefit of getting this card is I don't have to join _____ bank"

I'm just wondering, what are the reasons you guys dislike a specific bank and refuse to apply a card from them? Discuss  

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Wells Fargo. I closed my checking, savings, and investment accounts because they refused to graduate my secured card after two years.

It's actually been a pain to switch to Bank of America and Merril Lynch. I'm used to going to the WF just down the street from my house, and all my family members bank with them, so transferring money was easier too. 

[Anonymous]

One other issue is the difficulty between distinguishing bad "issuer policy" and merely a (or set of) poor CSRs.   I think we all know that regardless of issuer, you cannot always believe what a CSR says.   And while if the situation is bad enough, it can make you swear never to do business with that issuer again, it may just be a terrible CSR, you switch to another issuer, and, in the worst case, that bad CSR has taken a job there!

When the bank shuts you down, that's easier to tell of course.

[Anonymous]

Refusing to conform to the norm, not taking credit worthiness into account when blowing away triple HPs like its nothing, encouraging product/card redundancy and various bad behavior, inability to freely adjust APRs....stagnant rewards products, charging fees for products other lendors dont.

You guess who that is.

Otherwise...maybe barclays and their random pickyness.....but I think I could handle them just fine.  I had the fear of god with Amex for some time, but it seems like they like me and I am doing something right.

Barclays is use it or lose it

amex is use it dont abuse it

capital one is abuse it and never lose it

[Anonymous]

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@Anonymous wrote:

Refusing to conform to the norm, not taking credit worthiness into account when blowing away triple HPs like its nothing, encouraging product/card redundancy and various bad behavior, inability to freely adjust APRs....stagnant rewards products, charging fees for products other lendors dont.

You guess who that is.

Otherwise...maybe barclays and their random pickyness.....but I think I could handle them just fine.  I had the fear of god with Amex for some time, but it seems like they like me and I am doing something right.

Barclays is use it or lose it

amex is use it dont abuse it

capital one is abuse it and never lose it

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Chase and Citi can be more dangerous to abuse (all cards and bank accounts closed in some cases)

[galahad15]

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@Anonymous wrote:

Chase and Citi can be more dangerous to abuse (all cards and bank accounts closed in some cases)

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Agreed 100%, very true -- I once (pre-CARD Act) had a Citi DPR with rewards at 5.99% F, with a CL of almost $22k.  I think the main reason they closed down the card -- after an attempted RJ -- was that at one time, I was carrying about 66% util on the card at the time.  Sometimes I kinda wonder, if the card util had been more like 6-10%, would it have potentially survived CARD Act?  I know family/friends to this day who still have fixed rates in this range or even lower who were able to hang onto their cards after the financial crisis of 2007-2008, and they all had one thing in common:  relatively low util...