Credit card holders out thousands after deal between company, bank goes bad

Constance McCall can’t catch a break.

The Edmonton woman needed to fix her credit score after getting divorced, so she signed up for a secured credit card that promised to help her do that.

Instead, she’s out thousands of dollars, and left with a credit score that’s worse than when she started.

McCall, 59, is one of many cardholders stuck in the middle of a bitter legal battle between the credit card company and the bank it partnered with, Calgary-based Digital Commerce Bank, also called DC Bank.

She signed up for the Visa through Plastk Financial & Rewards after seeing it recommended on Credit Karma, a website she trusted.

Plastk promises cardholders the chance

→ Continue reading at CBC News

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