Beware Mint CC Cheques !

peawack

I have just paid off my ' low-rate, life-of-balance' credit card with Mint CC.
This was paid earlier than expected, and I was sent some credit card cheques through the post today. My first thought was that these would be at the same special offer rate, and I was tempted to use them. However, as a precaution, I rang Mint, only to find that the rate for these cheques would be 17% !
They went straight in the bin ! Surely they should state the interest rate on the accompanyig letter ?
Be careful, anyone who is sent these cheques.

cpjackso

A lot of companies try this trick on - I've always found them to be a high interest rate.

You should always make sure you destroy the cheques when you throw them out though - shred or burn them. They're so easy to use by scammers.

grumbler

peawack wrote:

... I rang Mint, only to find that the rate for these cheques would be 17% !
They went straight in the bin ! ...

I'd check and double-check before doing this:
http://www.mint.co.uk/credit_cards02.asp?id=CREDIT_CARDS/SUMMARY_BOX

Cheques 0% fixed until 1st September 2006

There are a lot of absolutely incompetent people on the other end of the phone line - especially in banks. Posts #19-#25 in the 'Exchange Rate for Euro's ' thread are my favourite example of this.