Heads up in case anyone else out there has a credit card with 1st Financial Bank USA:
I got a notice a while back saying they were going to make some unpleasant change to my account, and that I could opt out of it. And that if I opted out, they'd close out my account at the end of the next billing cycle.
So I didn't opt out.
Well, I got another notice more recently saying that they were going to assess an annual fee to my account (because clearly their hardships are so great, in spite of disgusting APRs, that they need to scrape a little more off). And that I could opt out. No threat of closing my account. I tried to email--to see if there was some kind of punishment for opting out that they weren't mentioning--but they declined to respond.
Well, I finally called this morning, and they were very nice, and much to my surprise, just repeated their spiel about their hardships and how they're trying to raise revenue, and... opted me out. No penalty.
So let me recap. There is an annual fee being assessed on every count, unless you ask them not to.
They are essentially hoping (a) you won't read the notice, (b) you'll assume there's a catch and not risk it, (c) you'll decide for the good of 1FBUSA that you don't mind, or (d) you'll forget about it. They are literally levying a fee for not reading a smaller type face.
So if you have a card with them, and haven't already opted out, I just thought I'd let you know that you could without a hassle! Cheers.