"CLI - My Life Is Now Complete!"
Continental Finance MasterCard® Review
Written by: wildrage2 on 2008-05-05
Overall Satisfaction
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Account Management
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wildrage2's review: 
I hope my sarcasm wasn't THAT obvious.
I just received an e-mail from Continental Finance congratulating me on my $75 CLI and reminding me of the $25 fee associated with it.
I opened the card in November 2007 and paid all the fees outright. In December 2007 I received an e-mail telling me that their monthly fee was going to be raised to $12, and CLIs were only going to be $75 every 6 months. I had the option of 'Cancelling my account' if I didn't agree with the terms. Yeah, right... I'm goign to cancel an account I just paid $200 to get. Grrrr...
I kick myself for getting this card at least once a week. I wish I would have gotten my Hooters, Capital One, and Orchard cards before I even thought of applying for this one.
I encourage everyone who is trying to rebuilt their credit to do their research on boards like this BEFORE applying to cards like Continental. I screwed up my credit in college and thought it was a lot worse then it actually was (it was like a 610 at the time). Stupidly, I applied for Continental and First Premier first, then applied and was approved for Capital One, Hooters, etc.
On a more positive note, I recently had to call them with some questions. I cringed while dialing the numbers, remembering the reviews about their CS on this website. I was pleasantly surprised to speak with an English-speaking woman that was very pleasant, and I didn't even have to stay on hold. Maybe I was just lucky?
Also, the card is what it claims to be. The fees are all communicated up-front, and I haven't had any concerns or issues with billing or payment processing... Although they are currently my only card that still holds payment for 7 days. All of my other sub-primes that did that at first are now making it available to me on the next business day.
I hope my sarcasm wasn't THAT obvious. I just received an e-mail from Continental Finance congratulating me on my $75 CLI and reminding me of the $25 fee associated with it.
I opened the card in November 2007 and paid all the fees outright. In December 2007 I received an e-mail telling me that their monthly fee was going to be raised to $12, and CLIs were only going to be $75 every 6 months. I had the option of 'Cancelling my account' if I didn't agree with the terms. Yeah, right... I'm goign to cancel an account I just paid $200 to get. Grrrr...
I kick myself for getting this card at least once a week. I wish I would have gotten my Hooters, Capital One, and Orchard cards before I even thought of applying for this one.
I encourage everyone who is trying to rebuilt their credit to do their research on boards like this BEFORE applying to cards like Continental. I screwed up my credit in college and thought it was a lot worse then it actually was (it was like a 610 at the time). Stupidly, I applied for Continental and First Premier first, then applied and was approved for Capital One, Hooters, etc.
On a more positive note, I recently had to call them with some questions. I cringed while dialing the numbers, remembering the reviews about their CS on this website. I was pleasantly surprised to speak with an English-speaking woman that was very pleasant, and I didn't even have to stay on hold. Maybe I was just lucky?
Also, the card is what it claims to be. The fees are all communicated up-front, and I haven't had any concerns or issues with billing or payment processing... Although they are currently my only card that still holds payment for 7 days. All of my other sub-primes that did that at first are now making it available to me on the next business day.
3 Comments
Comment 1 by yoyo11
Hello 
on 2008-05-05
Your comments were right on the money. As know I have 2, 1st premier cards. One over a year and they won't give me a CLI.
$12 monthly fee is somewhat high. My orchard bank min/paymet is $15. Have you had this card a long time? I thought they give you the $75 increase every 3months!! Well the Cash yes card is worst... They give you a CL of $675, after fees ava/credit is $370.
wow
on 2008-05-05 Your comments were right on the money. As know I have 2, 1st premier cards. One over a year and they won't give me a CLI. $12 monthly fee is somewhat high. My orchard bank min/paymet is $15. Have you had this card a long time? I thought they give you the $75 increase every 3months!! Well the Cash yes card is worst... They give you a CL of $675, after fees ava/credit is $370.
wow
Comment 2 by wildrage2
Wow... on 2008-05-05
$375 in fees? That's crazy. I've only had it for 6 months. I've paid on-time and never came close to the limit.
on 2008-05-05 $375 in fees? That's crazy. I've only had it for 6 months. I've paid on-time and never came close to the limit.
Comment 3 by yoyo11
Hmm on 2008-05-05
I don't know... If I had that card I would close it... Congress is trying to past a law about these crazy fees due to the mortgage crisis... I hope subprime cards are included in their amendment...
on 2008-05-05 I don't know... If I had that card I would close it... Congress is trying to past a law about these crazy fees due to the mortgage crisis... I hope subprime cards are included in their amendment...
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Disclaimer: This content is not provided by First Bank of Delaware. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by First Bank of Delaware. Review content is powered by Finance Globe.
