Goodbye Citibank
In 1990, while a freshman at UF (Go Gators!), I applied for and received my first credit card. The card, from Citibank, was a “college special” with a whopping credit limit of $600.00 and fees/penalties as high as the Federal Government would allow. This said, there was no yearly fee and I knew at the ripe age of 18 that if I paid my balance on time, my cost was 0.00. Granted, I didn’t have much money (like generally a bank account of 200.00 or so) and got the card in case I needed food and didn’t have the cash. ...