Chase Change of Terms Letter for a Closed Account

DI · ‎01-26-2010

Today, I received a letter in the mail about change of terms on a closed account. I was wondering why I was receiving a thick envelop from Chase. I was thinking maybe it was an offer or something. I may give them a call to confirmed the account is closed. Or I may use the opportunity to reopen the account.

Creditaddict · ‎01-26-2010

I say re-open if you can, and if you don't like the rewards, you can product change.

creditwherecreditisdue · ‎01-27-2010

@DI wrote:
Today, I received a letter in the mail about change of terms on a closed account. I was wondering why I was receiving a thick envelop from Chase. I was thinking maybe it was an offer or something. I may give them a call to confirmed the account is closed. Or I may use the opportunity to reopen the account.

You got the general CIT letter sent out to every Chase account. It is not an invitation to reopen your account. It is only a CIT letter to bring the account into compliance with the Credit CARD Act of 2009. I got two of them - one for my open account and one for my closed account. Pretty meaningless.