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View Full Version : Yes, I'm throwing away money


EZ_Nyssa Rainwhisper
12-11-03, 06:06 PM
Upon opening my mail today I noticed I got this letter. When I first opened it, I thought WOOT! I'm getting extra cash! I could sure as hell use it this time of year! Until I read the letter and saw the amount. Yes, I threw away money.

Dear Nyssa Rainwhisper,

You have been indentified as a member of the class of Citibank Card customers who are eligible for a refund under the terms of a settlement agreement reached in a class action lawsuit titled Schwartz v. Citibank (South Dakota), N.A. The accompanying check is your refund.

The enclosed check includes any refunds for which you were eligible. Due to the large number of accounts receiving refunds, it is not practical to provide individual calculations of the refund amounts. At the time of the settlement, we estimated that the average finance charge refund would be less than $1 for each eligible cardmember. That estimate proved correct.

If you completed and submitted a claim form, the claims administrator reviewed your claim, and determined what, if any, additional refunds you were eligible to receive. Any such refunds are included in this check. Please note that all determinations made by the administrator are final.

(It goes on to explain a few more legalities which really isn't pertinent to this post.)

Sincerely,

S. Larson
Customer Service

Then I looked at the amount on the check and here's exactly what it looks like in that little amount box on the right side of the check:

**$0.67**

Yes, that's right sixty seven friggin cents! That won't even cover the gas I'd use to drive to the bank to deposit that check! I'd never thought I'd ever tear up a legitimate check with my name on it, but I tore the check up and tossed it in the trash. Bastards.

Lisboa
12-11-03, 06:12 PM
The lawyers probably got $10M or more.

Greldek
12-11-03, 10:28 PM
I woulda framed it, and hung it on the wall, for all to see and enjoy.
.::Phoenix Server Board::.

EZ_Prenn
12-12-03, 12:57 AM
Framing seconded. Sensei Pren{Dragon Army}[Tribunal Server]
So I take shelter in tomorrow
Tomorrow will bring a brand new day
Think I can make it right tomorrow,
Think I need more sleep today...

EZ_Vilkata Tasavalt
12-12-03, 05:21 AM
I woulda cashed it....enough people just throw it away and the company makes out like bandits...they went through the motions of refunding the money but then they get to keep it anyways.

Vilk

EZ_Nyssa Rainwhisper
12-12-03, 07:12 AM
Yeah, just as I was about to shred it, I noticed I had until July, 2004 to cash it so I kept it for when I do go to the bank, I might as well toss it in my account. I'm not going to make a seperate trip for it though. Like I said, the amount won't even cover my gas to get there. I can just see the faces of the tellers at my bank now, "67 cents? bwahahahahaha! What a loser!"

EZ_Jassy of Povar
12-12-03, 07:15 AM
Just think of it this way.... it's actually going to cost them 67 cents PLUS all the bank associated fees they'll be charged!

Meddik
12-12-03, 07:28 AM
Typical for class action type suits. The claimants make nothing, the lawyers make out like bandits.

Caowyth
12-12-03, 08:40 AM
Heh, I've got a tax refund for a little less than that. =)

Nymm
12-12-03, 11:05 AM
When I was still on active duty I got a travel settlement for 23 cents. I still have my official treasury check for 23 cents in a box somewhere. - Nymm
Prexus, Deceiver, 1 ea.

EZ_Barrister
12-12-03, 01:03 PM
actually, the lawyers got like 7mill in this deal. and heck, some folks only got back like 5 cents.

Lisboa
12-12-03, 01:15 PM
I'm a good guesser.

Dragynphyre
12-15-03, 09:24 AM
I just opened my November statement and saw that I got $0.71 credited to my account for that settlement, not a check. (Back In Black)
Delissandra Splitshadow - Marauder of Clan X
Grandmaster Poisoner (250), Master Potter (191), Grandmaster Lush (200)

EZ_Nyssa Rainwhisper
12-15-03, 09:51 AM
That's cause I no longer have a balance on that card, DP. It'd be pointless for them to credit my account for which I have no balance for. And biatch...you got 4 cents more than me!

EZ_Nyssa Rainwhisper
12-29-03, 01:41 PM
Update to this:

I just got a statement in the mail today informing me of an additional .28 cents credit to my credit card account. That's fine great and wonderful...especially since I haven't use the card in over a year and don't plan to. I think I would've preferred another check.

EZ_Urusai
12-29-03, 01:55 PM
Just got buy a stick of gum and put it on the credit card. Buy only that and watch the expression on the cashiers face.

Glip the Gnome
12-29-03, 02:39 PM
Haha I've got a whole stack of $0.60 checks I get quarterly from my MacDonald's stock. I've only told them a zillion times to put it back into more stock but apparantly they dont want my 2 and a half dollars a year!

EZ_Dazzler Twodirks
12-31-03, 11:24 AM
I got that Citibank letter with a check for 23 cents.

Costs em more to mail em out. Dazzler Twodirks High Speed Quisinart for Hire
Guildleader of the Blades of Honor.
Monsters Slain, Pockets Picked, Corpses Dragged, and more.
No job too small, no fee too large
Card Carrying Member of The Safehouse.
Classes are not that out of balance -AbsorEQ

Dragynphyre
12-31-03, 11:36 AM
I'm not that you can just tell McDonald's to hold your dividend checks and purchase more stock, Glip.

Now, if you had an account with a registered investment adviser like Charles Schwab or Merrill Lynch, you could have them do that. (Back In Black)
Delissandra Splitshadow - Marauder of Clan X
Grandmaster Poisoner (250), Master Potter (191), Grandmaster Lush (200)

Kambic
12-31-03, 01:46 PM
Hey I want some McDonald's stock, is there a way you can do this kind of stuff all online yet?

Dragynphyre
12-31-03, 01:58 PM
Well, for starters, I suppose you could open an account with an online broker... Here are several good ones that I know of off the top of my head:

E*Trade: www.etrade.com/
Ameritrade: www.ameritrade.com/
Harrisdirect: www.harrisdirect.com/
TD Waterhouse: www.tdwaterhouse.com/
Merrill Lynch: www.mldirect.ml.com/