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 Rate increase
Posted Tue June 16, 2009 1:08 am, by Michael V. written to Chase Bank
Write a Letter to this Company | Rate this Company
Here is a letter I sent through chases secured messaging system:
You guys raised the rate of my purchase on this account to
16.24percent. I called to get it lowered and was told
rudely no. So I closed out all 5 of my Chase accounts, and
plan to close out my checking and savings account. I have
been a great customer for 20 years. You guys get bailed
out by me and my fellow taxpayers, and this is how you
treat your good paying customers. Its a sad day. Its also
your loss. Im sure capital one will be happy. Feel free to
contact me.
Michael Voirin
Lower the interest rate back to 9.9 like its been for years
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by Donno Posted Tue June 16, 2009 @ 10:31 AM
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I am a Chase customer, and they just raised my credit limit and the
interest rates haven't changed. Actually, the interest rate could be
50% and I wouldn't care - I have never paid any interest.
Interest rate changes are far more likely related to something about
your credit history/useage of your account, than who bailed out whom.
The statistics on credit card banks came out yesterday - Chase is one
of the healthiest ones. I am happy to be connected with an
institution that cares about its healthy customers.
I have no idea why Chase would contact you, as you closed all your
credit accounts. Good luck with Capital One - in May of 2009 they
announced significant interest increases to 30% or more, 26.xx% +
prime. Ha!
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by Nate! Posted Tue June 16, 2009 @ 1:16 AM
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Rates are going up everywhere.
Second, a firm no does not equal rude.
Third, if you are dissatisfied with paying interest, do not go in to
debt and pay cash.
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good point
by PepperElf Tue June 16, 2009 @ 7:50 AM
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SHARED LETTERS 
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