You are correct, Chase is the worst but consider yourself lucky with the 15%...they jacked mine up to 29.99% and I am done with them now.
Chase does suck!
We were never late on our card and always paid hundreds if not thousands more than the minimum. I booked a vacation, couple thousand dollars, using the card and then had my rate jacked up to 20%+. I called Chase and asked them why they jacked up my rate and was told that it was because I was now a higher risk since I now had a higher balance. We paid off the card and closed the account in person. The poor Chase representative knew we weren’t happy.
Now we use a low interest no annual fee BOA VISA card but we never carry a balance. We get lots of cash back. Make your money work for you!
The New York and California national banks are absolute snakes... how they treat their CC customers doesn’t remotely begin to cover their malfeasance.
I’ve been dealing with Chase since they took over our mortgage and they are complete bastards. Every time we get close to a deal, a new person takes over and we have to start all over again.
“Chase sucks.”
Indeed they do.
We were turned down for a HELOC back when they were giving them to everyone. No prob. I called BOA (which comes in second at sucking) who promptly gave us the second. Once the house was done, and we refi’d the whole thing through a broker. Guess who was first in line to buy the paper.
Yep. Chase. Idiots.......
I canceled my Chase card last year after they raised my interest rate and added a $39 annual fee. I have almost completely paid the card off (should have it knocked out by July) and have been laughing at the letters they have been sending me recently. First, they dropped the annual fee, then they dropped the interest rate, now they have dropped the rate even more (but it still isn’t as low as I originally had).
That happened to you too?