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From: clayton@mary.DEC (Cluster Verification, 261-3917, NIO/B2)
Newsgroups: net.invest
Subject: Re: charge cards with no fee
Message-ID: <616@decwrl.DEC.COM>
Date: Wed, 22-Jan-86 08:45:40 EST
Article-I.D.: decwrl.616
Posted: Wed Jan 22 08:45:40 1986
Date-Received: Thu, 23-Jan-86 21:37:45 EST
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<>

 
>> Two places I know of are the Mechantile Bank of St. Louis, Missouri,
>>			       ^^^^^^^^^^^^^^^

>If I remember correctly, this bank starts charging interests the moment you
>use your credit card, so you end up paying some kind of fee even if you
>pay your balance every month.

First, it's spelled Mercantile Bank.  Secondly, they do not charge interest
from the time you use the card.  I have had my VISA through them for years
and this year on my final statement "Interest paid this year....$0.00",
clearly that would not be possible if they charged from the moment of use.
You must be thinking of another bank.

Elizabeth Clayton
...decwrl!dec-rhea!dec-vicki!clayton