From: yrades@netzero.com 
  
 The inconspicuously looking pamphlet attached with my monthly 
 statement  turned out to announce a very significant shift in the way 
 the interest on CIBC Visa purchases  would be calculated, starting 
 April 1, 2005. 
  
  
 " The way that interest is determined on new purchases is changing. 
  
 Currently, no interest is charged on new purchases appearing on your 
 statement for the first time if you pay the full balance due under 
 that statement by the payment due date. 
  
 After April 1, 2005, for an interest-free period to apply to your new 
 purchases you must pay the full balance due under your current 
 statement by the due date and you must have paid your previous month's 
 balance in full by its due date 
 (so that your are not carrying a balance from the previous month)." 
  
 Will this constant push to squeeze more money out of consumers for the 
 sake of gazilions of corporate profits end someday? 
 With pleasure  I canceled my CIBC Visa today.  I had been their 
 cardholder for 10 years. 
  
 Muomo 
  
 --- SoupGate-Win32 v1.05 
  * Origin: you cannot sedate... all the things you hate (1:229/2)