If you find yourself in the situation that you are unable to pay your credit card debt balance off each month then there are steps you can take to reduce your interest charges.
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Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
Voluntary recall for NAB Amex card 10 November 2009
National Australia Bank today acknowledged the concerns of the Australian Securities and Investments Commission (ASIC) in relation to the launch of its NAB Qantas Gold card product earlier in the year.NAB sent American Express companion cards to its Visa and MasterCard customers earlier this year without specific written consent from customers. NAB has now implemented a range of measures to offer customers the choice of retaining the American Express card or sending it back.For customers using both cards and who wish to continue doing so, there is no change. Customers can keep using their Visa/MasterCard and American Express cards as they have been doing. Customers will receive the letter from NAB outlining the situation but do not need to take any action.For customers who would prefer to retain a single Visa or MasterCard and haven’t used the American Express card but would like to retain it, can sign a section in the letter they receive and send it back in the reply paid envelope provided.Customers who haven’t used the American Express card and do not want to retain it, do not need to do anything. NAB will automatically disable the card on 18 January 2010.Customers who have used the American Express card but decide they do not want to retain it, will be asked to sign a section in the letter they receive from NAB and send it back in the reply paid envelope provided.Customers who wish to disable their Card immediately can also call the NAB Qantas Gold Helpline number on 1300 021 460 from 8am - 8pm EST, Monday to Friday.