Reply
New Contributor
cantex
Posts: 70
Registered: ‎10-07-2008
0

Chase is at it again!

No surprise here but Chase is sending out the ridiculous account repricing notices in the mail again.  I thought I managed to go unnoticed but 12.24% to 22.24% here.   All my friends here in TX have received them in the last week.    Most of us PIF all the time and history over 5-9 yrs with CL's 2K to 45k.
Valued Contributor
Imhotrodcrazy
Posts: 1,395
Registered: ‎03-11-2009
0

Re: Chase is at it again!

I got the Chase offer in the mail last week and put it where it will do me the most good, in  the trash.
FICOS
TU 794 8/5/14
EX 785 8/5/14
EQ 752 7/28/14

/ Amex 16.5k / / Chase Freedom 10.6k /
New Contributor
JoJo74
Posts: 80
Registered: ‎10-09-2009
0

Re: Chase is at it again!

[ Edited ]

Imhotrodcrazy wrote:
I got the Chase offer in the mail last week and put it where it will do me the most good, in  the trash.

I'll have too second that...I don't own any Chase products but from what others have stated about JPMorgan Chase products I would have to take a pass as I see more negative talk about them then positive. A few years ago they seemed decent now with the economic meltdown they seem to have gone crazy with rate-jacking to 29.99% etc and boosting the minimum payments due $20.00 to $55.00+ that are due just to name few that I have heard about. Not saying they are not within their bounds but increases such as these on individuals that carry a balance and on some type of fixed income can be a death sentence.

 

Just a few of my thoughts.... 


Message Edited by JoJo74 on 11-23-2009 01:16 PM
Valued Contributor
thrasher865
Posts: 1,163
Registered: ‎05-21-2008
0

Re: Chase is at it again!

That's weird.  My chase card is nearly maxed out, and I haven't received an APR increase.  As soon as they do, I'm transferring the balance, but as af now, it appears they've overlooked me.  My other 6 cards have 0 balance

Starting Score: EQ: 665 - TU: 687
Current Score: EQ: 749 - TU: ---
Goal Score: EQ: 760 - TU: 760


Take the FICO Fitness Challenge
Regular Contributor
Cyrion
Posts: 192
Registered: ‎12-06-2008
0

Re: Chase is at it again!


thrasher865 wrote:
That's weird.  My chase card is nearly maxed out, and I haven't received an APR increase.  As soon as they do, I'm transferring the balance, but as af now, it appears they've overlooked me.  My other 6 cards have 0 balance

Maybe that's why they haven't rate jacked you, they can see you have 6 open cards and nothing stopping you from transferring your balance off of theirs. :smileyvery-happy:

Regular Contributor
krielly
Posts: 185
Registered: ‎01-15-2009
0

Re: Chase is at it again!

Who knows HOW they think. I got the rate jack letter about 2 weeks ago. Fortunately, I only had a $335 bal, so I just PIF my last payment.

I figured it was because I was one of those lowly former WAMU customers who got switched to Chase.

 

Got a 1000 CL when I opened this card with WAMU, after 12 mos of on-time and mostly PIF payments, no CLIs or LUV :smileysad: :smileysad:

 


You can't have your cake and eat it too. But you can dip your finger in the bowl and lick the icing!
Moderator Emerita
Community Leader
Epic Contributor
haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007
0

Re: Chase is at it again!

They've still left me at 19.24% for now. They can RJ me all they like, but if they don't finally get around to establishing me in their rotating categories for their "Ultimate Rewards" program, I doubt that I'll still have this card in 2010.

It was a Borders Visa, and the rewards that they had back then are looking mighty good next to the 1% junk that I have on my now-Freedom Visa. What a joke.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
New Visitor
Mimen4jc
Posts: 2
Registered: ‎11-24-2009
0

Re: Chase is at it again!

I have CHASE but I don't use it anymore...unless I'm on AMAZON buying a 0.99 song. Let's see what the minimum payment on that would be. LOL!
Senior Contributor
fishbjc
Posts: 3,363
Registered: ‎11-30-2007
0

Re: Chase is at it again!

Paying mine off in Jan...they can s*** a rock.  Are they kidding????
New Contributor
cantex
Posts: 70
Registered: ‎10-07-2008
0

Re: Chase is at it again!

Yep, chase is on ice only for the history and CL.  Otherwise, it would have been cut like BofA.

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+