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I have two different Chase cards, one business and one personal. Enclosed with the newest statements was a new notice regarding upcoming changes to my account(s).
Your APRs will not be impacted by these changes (gee, thanks!)
Both cards still continue to have no annual fee (hah!).
My credit score remains in the mid 700's, and has been for years. No new charges out of the ordinary. No "reason" for these new service charges, except that they need lots and lots of cash... and quick!
If this trend continues to spread to other CCC (and I believe it will), many Americans will have no choice but to default, and settle for paying 30 cents on the dollar down the line.
Thoughts?
My statement has yet to close on my Freedom Plus, but my Nov statement on my Platinum card has and nowhere does it state a $10 fee or that I must pay 5% of my balance.
It does say I can save $10 off some oranges at Al's Family Farms! And a Free Magazine...
That is insane... basically a $120.00 AF (the highest I have ever heard of) What CC is that anyway? Does it affect your persona and biz?
Do you have larger balances?
Woah, now ain't that something'. I just double checked my Chase Freedom Plus statement and there is no mention of any fees or changes to minimum payments thus far.
Yes, both business and personal statements. They arrived within a week of each other.
My balances on both cards represent about 35% of CL.