Stuffclub of London Ontario

Ok, I've been slacking at posting here, because, well.. One can only vent at one place, at one time, so one vents where convenient.. I'm not dead, rumours be damned..

Ok, here's the thing. I'm currently in Japan, but my bills and all are still sent to me by forwarding service. This means that they arrive well after the due date. (This part is mostly just an excuse for why I was late a couple days in my payment a couple months ago..) So I rely on checking my balance at BMO.com and trying to remember to check between the statement issued date, and the due date for my mastercard.

So I missed the date by a couple days a couple months ago. It wasn't a large amount. Probably like $100 balance.

However.. Since I was late on that payment, it seems that everything after that point is charged at 18.5% interest. Not on the couple days that I was late on the $100 charge. But on everything for the next two months, assuming that I'm not late again. And, since I didn't know that, I continued to use the card, and they dinged me the one month 18.5% interest on everything I used the card for. I dropped over 3k in airfare on this card in this period, not to mention other things, that if I had known, it sure as hell wouldn't have been on this BMO mastercard.

So be warned. It didn't used to be like this, so they probably put a "service change" pamphlet in amongst the other spammy ones that they send in your statement packet. It sure seems like fraud to me, but I'm sure they have some workaround.

In short, if you are a day late paying your bill, don't use that mastercard for the next couple months, otherwise they will hit you with 18.5% interest on everything you use it for, until you've paid on time for two months in a row. Everything becomes like a cash advance, just they don't tell you.

Bastards.. (And I thought Canada was better than the US..)
BMO mastercard (at least) sucks donkey balls.