Largely because, instead of expiring,after a year or so the card would charge a monthly maintenance fee until it was empty. This was deemed unreasonable and declared problematic.
Now that’s something I’ve never seen before. I agree, it is absolutely unreasonable. I find it interesting that instead of just removing the maintenance fee you instead remove the expiry as well as the fee. I don’t understand the logic but, it is what it is I guess
Yeah. That used to be the case in the US, but it’s illegal now.
Largely because, instead of expiring,after a year or so the card would charge a monthly maintenance fee until it was empty. This was deemed unreasonable and declared problematic.
Now that’s something I’ve never seen before. I agree, it is absolutely unreasonable. I find it interesting that instead of just removing the maintenance fee you instead remove the expiry as well as the fee. I don’t understand the logic but, it is what it is I guess