Monday, January 03, 2005

David and Goliath - Chase Credit Card Company Business Practices

I hold a Chase Credit card whose introductory rate of 0% expired 30 October 2004. The new interest rate per "our" agreement was supposed to be 8.9%, but lo and behold the interest rate jumped to 28.99% without any notification of the increase, and disregarding the fact that I have made all of my payments on or before the due date. So, I intend to boycott Chase because of their unscrupulous business practices, and encourage everybody on the net to do the same. If you currently hold a Chase credit card of any kind, I recommend you either use CitiBank or MBNA, both are fair, and treat their customers with respect.

1 comment:

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