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Chase Rocks!

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indiolatino61
Valued Contributor

Chase Rocks!

Hello all,

I bought a car with Chase in Nov. 2013. My rate was 4.94%. Last week, I received a letter from Chase stating that I had been eligible for a lower rate of 4.02%. They applied the new rate and sent me a refund check for $196.00 for the retroactive interest payments I have made. I was surprised and happy...lol.

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Message 1 of 15
14 REPLIES 14
SamsungHDTV
Established Contributor

Re: Chase Rocks!

How awesome is that? Your bank telling you hey here's a lower interest rate and a refund for the difference!

 

Apply that check to principle!

Message 2 of 15
StartingOver10
Moderator Emerita

Re: Chase Rocks!

Congratulations! What a great way to have the lender appreciate you! Smiley Happy

Message 3 of 15
Anonymous
Not applicable

Re: Chase Rocks!

Nice! 

Message 4 of 15
Anonymous
Not applicable

Re: Chase Rocks!


@SamsungHDTV wrote:

How awesome is that? Your bank telling you hey here's a lower interest rate and a refund for the difference!

 

Apply that check to principle!


@SamsungHDTV,

 

That is certainly a nice surprise especially coming from a bank if you know what I mean..Smiley Tongue

Message 5 of 15
Noctilum
Frequent Contributor

Re: Chase Rocks!

That's interesting.  I have an auto loan with Chase.  It is 6 years at 3.41%.  I do an extra payment towards principal every month to cut the loan length in half but no lower rate for me Smiley Sad

Message 6 of 15
guydiver
Established Contributor

Re: Chase Rocks!

That's sweet!  Sure wish everyone did that.  Congrats. 

Message 7 of 15
tonyjones
Valued Contributor

Re: Chase Rocks!


@indiolatino61 wrote:

Hello all,

I bought a car with Chase in Nov. 2013. My rate was 4.94%. Last week, I received a letter from Chase stating that I had been eligible for a lower rate of 4.02%. They applied the new rate and sent me a refund check for $196.00 for the retroactive interest payments I have made. I was surprised and happy...lol.


 

This seems suspicious because I got the exact same refund of $196 from them... also, they lowered my APR by around 1% too LOL

Current Fico Scores: (December 2023)
Message 8 of 15
SamsungHDTV
Established Contributor

Re: Chase Rocks!


@Anonymous wrote:

@SamsungHDTV wrote:

How awesome is that? Your bank telling you hey here's a lower interest rate and a refund for the difference!

 

Apply that check to principle!


@SamsungHDTV,

 

That is certainly a nice surprise especially coming from a bank if you know what I mean..Smiley Tongue


@Anonymous

 

I know what you mean.. Smiley Wink

Message 9 of 15
Anonymous
Not applicable

Re: Chase Rocks!

Message 10 of 15
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