Re: Best Buy Coupons (on-going, ever-evolving) thread
Please tell me I'm wrong, but that's how I read the beginning of the e-mail from BB's credit card e-mail sitting in my inbox this morning.
Note: I have a standard BB card (not the mastercard), live in GA and have never had a late payment.
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IMPORTANT CHANGES TO YOUR BEST BUY CARDHOLDER AGREEMENT AND DISCLOSURE STATEMENT
As set forth below, HSBC Bank Nevada, N.A. is making the following change to your Best Buy Cardholder Agreement and Disclosure Statement ("Agreement"), effective on or after February 4, 2009.
GRACE PERIOD FOR REPAYMENT OF BALANCE: No finance charges are assessed on new purchases if the balance is paid in full each month within 23 days after the billing date. The following change to the Default Rate in Section 7(f) of your Agreement, is effective on the first day of your billing cycle beginning on or after February 4, 2009.
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If this refers to a typical cycle beyond any special terms (90 days, or the longer term no interest deals for big purchases) then how is it different than before?
I have never had a balance beyond a special term. I make it a priority to pay it off, but I assumed after that, it was the usual monthly interest cycle anyway