I applied and didn't get the instant approval. Then to my suprise, I logged into my TD checking account and saw a new credit card!
Most Helpful Positive Review
Most Helpful Negative Review
I was told if I transferred my balance from other credit cards I would get 0% interest for the first year. I was told I would have to pay 3% interest on the transferred balance, which is normal. This 3% interest is normally added to the transferred balance. So the bank manager of the Fair Haven, NJ bank, Michael, took my information and put it on the computer to request a balance transfer of about 9,000.00. I was expecting my first bill to be about $100.00. You can image my surprise when my first bill was $466.00! THEY PUT THE 3% TRANSFER FEE ON MY FIRST PAYMENT!!!! How many people can afford an extra bill of $366.00? I had to borrow money to pay my first bill! I was never told this would happen. I have done this several times before, and I have never had a credit card company put this charge on the first bill. The balance transfer fee is always added on the credit card balance. When I called the credit card company and my bank they did not do anything to correct the problem. They said the information was in the fine print. I said I never saw the fine print because it was done through the bank manager of Fair Haven, NJ, WHO NEVER DISCLOSED THIS TO ME! Long story short, they did not care. Just pay it I was told. This bank's service has gone right down the drain. I feel like I was tricked into transferring my credit cards to the so they could get this fee up front. I could have transferred this amount to many other companies (I checked) and NOT paid this up-front fee, my credit rating is very good. I don't know how they are allowed to get away with this. It should be illegal.
The rest of you people should BEWARE OF THIS BANK.
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