March 17, 2005

The Multinational Conglomerate Who Cares

Posted in Political at 7:35 pm by Ian

You know, credit card companies have gotten a bad rap lately, what with the recent vote on the bankruptcy bill that has caused some to characterized Senators as the “hired thugs” of the credit card companies. But, clearly, they’re not all bad. Senator Charles E. Grassley (R-Iowa), who was a major sponsor of the bill, came out in favor of the noble principle of separation of church and state. When asked how he, a good Christian, could condone such usurious practices when the Bible itself condemns it and requires that debt be forgiven after seven years, Grassley responded

I can’t listen to Christian lawyers because I would be imposing the Bible on a diverse population.

Grassley, for the record, is a supporter of the Federal Marriage Amendment.

But enough about all them. My credit card company has nothing but love for me. They sent me a lovely letter today.

Dear Holder of Account ending in xxxx

It seems that they’ve become with concerned with my potential ability to pay my credit cards if I or one of my dependents should become violently ill or unemployed. Because, after all, those percentages are tremendous. For just an absurd amount of money per $100 each month, I will be protected against the kinds of financial insolvency that I used to have governmental protection from. It’s really quite brilliant, you see. Buy the right to bankruptcy away from the Senate and then sell it back to your customers!

But wait. There’s more!

Credit Protector also cancels my minimum amount due for 1 month if I or anyone in my household experiences certain life events that impact my income, such as moving to a new residence, entering college, marriage, or birth or adoption of a child (1 life event per calender year)

I can see it now: “Sorry, dear, I’m afraid you’ll just have to wait until next year to get married. Your brother went to college this year, and we’re all out of life events credits.”

The best part, though, is that I can sign up by cashing the $10 check they sent me. And I get the first month free. And I can cancel at any time…

Thanks Citibank! Thanks a ten-spot!


  1. JT said,

    Bank of America gave me that treatment with a phone call the other day. It was apparently their third or fourth time trying to reach me, but I was out of state for a while. But it was nice to know they care enough to keep calling even after they once asked for me and promptly hung up as soon as I got on the line.

  2. Matt said,

    You got gypped. I got twenty bucks for signing up and cancelling on the same sort of offer. Go Chase Manhattan go.

  3. Ian said,


    Hmm. If I could just sign up for 7 credit cards a day, I could give up this whole working for a living thing I’ve got going.

    Either that or I should write a Tothesque letter to Citi inquiring about the possibility of getting $20 for signing up for the plan.

    I am so doing that.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: