New account changes for Victoria's Secret Card

[mantaz]

I got the notice of change in terms. One of the changes I haven't noticed on other cards is this:

Other fees and changes, Processing Fee. There will be a $1.00 processing fee for every paper statement you receive.

Guess they want to go to paperless billing. This goes into effect Jan 29, 2010. Just wanted to give everyone a heads up. Think I will be double checking all the change in terms. This one seemed a little sneaky to me!

 

[tinkarooni]

A lot of them must be doing this, I don't have VS but just got a notice about my Eddie Bauer card also charging $1.00 per statement. No biggie, I closed it down. $1.00 for a statement, that's ridiculous.

 

[IBelieveInTheMagic]

No kidding!? I do have an Angel card (one of the few "store" cards I have) and just received this. I skimmed through it and didn't see this so thanks for pointing it out to me! I'm assuming we can sign up online to get the statements electronically, if/when I do charge. It's rare I do but I'd be a little ticked if I paid it in full, then got another charge for the $1.00 fee!

Thanks,
Heather

 

[Ephany]

Oh, thanks for the heads up. I did read the notice, but missed that part. Guess it's time to close that card, I only ever use it at Bath & Body Works anyway.