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GE Money Bank beware of cardholder agreement changes

Now as there are changes to many credit card laws it is important that you make sure you read all of the changes to your CARD HOLDER AGREEMENT. The changes will be sent to you in the mail.

For example there are new changes to some credit card agreements issued through GE Money Bank. One change is the following:


Please be reminded that your Account is subject to a Delinquency Rate if your payment is not received by the payment due date. Previously GE Money bank had allowed you to make up to two late payments before imposing the rate change, now you may see the rate imposed after only one late payment.

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