I am a member of this trade organization only by aquisition. The original terms that I agreed to when I joined a company called Trade USA were assumed by Value Card. A short time after the aquisition I started being charged a monthly fee to my credit card. I never authorized this charge but was told it is mandatory to be a member. Since I had about a thousand dollars in my trade account I was forced to pay this fee or forfeit my trade ballance. This trade ballance is money for services I supplied to other members. It is difficult at best to spend these trade dollars since I am located in Texas and Value Card is in Phoenix.
Recently my credit card number changed and they were not able to charge my card for the monthly fee. I received a statement from them stating there was a late charge penalty of twice the normal monthly fee, in addition to the original fee and my trading privleges would be suspended until the account was brought current.
Since the trade dollars in member accounts are for all practical purposes worthless, the management will only accept real money for transactions. In addition to the monthly fees members pay, there is of course a transaction fee to each member involved in a trade. The management receives real money on both sides of a transaction as well as the monthly fees. The cost of producst or services within the trade group are on average, a minimum of 20 to 50 percent higher than would normally be paid in real money due to the fees involved in the trade. This is not disclosed to the members.
Bottom line is, I never agreed to any of the terms of Value Card Alliance. Even the membership agreement, which I never agreed to to begin with, that I printed from their website says nothing about a late fee. All I want is OUT of this worthless organization, but seem to be trapped because I have a positive trade balance that I seem to be unable to spend. This barter system is frought with pitfalls and inconsistencies. I would never recommend anyone join such a service. Especially this one.
Value Card Alliance Reviews
I am a member of this trade organization only by aquisition. The original terms that I agreed to when I joined a company called Trade USA were assumed by Value Card. A short time after the aquisition I started being charged a monthly fee to my credit card. I never authorized this charge but was told it is mandatory to be a member. Since I had about a thousand dollars in my trade account I was forced to pay this fee or forfeit my trade ballance. This trade ballance is money for services I supplied to other members. It is difficult at best to spend these trade dollars since I am located in Texas and Value Card is in Phoenix.
Recently my credit card number changed and they were not able to charge my card for the monthly fee. I received a statement from them stating there was a late charge penalty of twice the normal monthly fee, in addition to the original fee and my trading privleges would be suspended until the account was brought current.
Since the trade dollars in member accounts are for all practical purposes worthless, the management will only accept real money for transactions. In addition to the monthly fees members pay, there is of course a transaction fee to each member involved in a trade. The management receives real money on both sides of a transaction as well as the monthly fees. The cost of producst or services within the trade group are on average, a minimum of 20 to 50 percent higher than would normally be paid in real money due to the fees involved in the trade. This is not disclosed to the members.
Bottom line is, I never agreed to any of the terms of Value Card Alliance. Even the membership agreement, which I never agreed to to begin with, that I printed from their website says nothing about a late fee. All I want is OUT of this worthless organization, but seem to be trapped because I have a positive trade balance that I seem to be unable to spend. This barter system is frought with pitfalls and inconsistencies. I would never recommend anyone join such a service. Especially this one.