reviewer
mf1705
Rolesville, NC

This card is a rip off

1 star rating

Every day computer user

APR
30
2009

Chase - Platinum mastercard — 

This card is a rip off. They gave me a huge limit at 8.9%. After I used it for 2 years they jacked my rate up to 19.99% and then 6 months later tried to up it to 29.99%. I cancelled it immediately. The bank refused to lower the initial rate after I called them and told them I had all of my statements and there was no advance notice of the increase which is required by law. they still refused. I tried to get them to lower it telling them it would cause me to not be able to pay since it more than doubled my minimum payment due. They still refused. They wanted to take their chances an wether or not I would make the higher payments. All of this happened even though I have never been late with a payment or over my oilim. I later found out they are doing it to a lot of card holders to try to recoup the bad investments they made other places. I got a loan, paid off the card and will never do business with Chase again.

Last edited on Apr 30, 2009



I_thumb_down Chase - Platinum mastercard is not recommended by mf1705

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