WaMu no more...
- Thread starter sickboy
- Start date
cowfishrule
Active Member
this is why i still use wampum.
miaheatlvr
Active Member
I have 2 WAMU ACCOUNTS and 2 Wamu credit cards.. I wonder what happens next and what is the next step?
zanoshanox
Active Member
what is the world coming to?
sickboy
Active Member
Originally Posted by MiaHeatLvr
http:///forum/post/2769647
I have 2 WAMU ACCOUNTS and 2 Wamu credit cards.. I wonder what happens next and what is the next step?
Yeah, JPMorgan is now your bank. Nothing will change for you. But as said above, if you are a shareholder....tough luck.
http:///forum/post/2769647
I have 2 WAMU ACCOUNTS and 2 Wamu credit cards.. I wonder what happens next and what is the next step?
Yeah, JPMorgan is now your bank. Nothing will change for you. But as said above, if you are a shareholder....tough luck.
sickboy
Active Member
I'm gonna guess that it will be a major credit card company that will go down next. Not sure on which one though....couldn't be Visa b/c they make most of their money on the transactions we make with our debit cards. Its funny how they get their name on cards from all different sizes of banks.
cowfishrule
Active Member
Originally Posted by sickboy
http:///forum/post/2769721
I'm gonna guess that it will be a major credit card company that will go down next. Not sure on which one though....couldn't be Visa b/c they make most of their money on the transactions we make with our debit cards. Its funny how they get their name on cards from all different sizes of banks.
visa is a brand of credit card, and these cards are issued by different banks.
http:///forum/post/2769721
I'm gonna guess that it will be a major credit card company that will go down next. Not sure on which one though....couldn't be Visa b/c they make most of their money on the transactions we make with our debit cards. Its funny how they get their name on cards from all different sizes of banks.
visa is a brand of credit card, and these cards are issued by different banks.
kjr_trig
Active Member
I sent my brother an email and he answered, so his WAMU company email still works. He said it is more or less business as usual for them. He has been with WAMU for over 10 years and is obviously uncertain as to his future and worried about his stock that he has built up that may become worthless.
sickboy
Active Member
Originally Posted by COWFISHRULE
http:///forum/post/2769728
visa is a brand of credit card, and these cards are issued by different banks.
Right, I am just simply stating that I think the credit cards will be hit next. Like HSBC or some other company like that. of course, WaMu had credit cards, maybe that was part of it.
http:///forum/post/2769728
visa is a brand of credit card, and these cards are issued by different banks.
Right, I am just simply stating that I think the credit cards will be hit next. Like HSBC or some other company like that. of course, WaMu had credit cards, maybe that was part of it.
acrylics
Member
Originally Posted by sickboy
http:///forum/post/2769755
Right, I am just simply stating that I think the credit cards will be hit next. Like HSBC or some other company like that. of course, WaMu had credit cards, maybe that was part of it.
Visa, MC, Amex, will be fine through this. I don't know much about Discover and how they work so can't say. As stated earlier, the issuing banks are at risk and some of the smaller ones that focus only on credit cards may have some issues.
There will be more bank consolidations happening so check the literature they send and your statements for any changes. As banks consolidate, your terms and conditions can change which can affect interest rates, fees, etc., so just keep an eye out for this. Most store credit cards and gas cards are issued through banks so watch these as well. Even banks that haven't had issues may change their terms so keep a careful watch on those too. My Chevron card just changed their terms to something I don't like so bye bye to that.
As always, keep debts down or better - non-existent. One of the benefits in doing so is if their are changes, you can just cancel them and take your business elsewhere.
http:///forum/post/2769755
Right, I am just simply stating that I think the credit cards will be hit next. Like HSBC or some other company like that. of course, WaMu had credit cards, maybe that was part of it.
Visa, MC, Amex, will be fine through this. I don't know much about Discover and how they work so can't say. As stated earlier, the issuing banks are at risk and some of the smaller ones that focus only on credit cards may have some issues.
There will be more bank consolidations happening so check the literature they send and your statements for any changes. As banks consolidate, your terms and conditions can change which can affect interest rates, fees, etc., so just keep an eye out for this. Most store credit cards and gas cards are issued through banks so watch these as well. Even banks that haven't had issues may change their terms so keep a careful watch on those too. My Chevron card just changed their terms to something I don't like so bye bye to that.
As always, keep debts down or better - non-existent. One of the benefits in doing so is if their are changes, you can just cancel them and take your business elsewhere.