Chase Bank
High balance business card closed and rate raised to 29.99%

Chase closed our account and said we did it. We were never late, always paid more than the amt. Due. We did have a high balance, it's a business account. They increased the Interest rate to 29.99. Talked to them by phone, and they said it was not subject to be re-opened. The interest they charge now, makes the amount of interest 262.58, the payment is 271.00. Go figure.

There is no way anyone could win with this. They are certainly a company to stay away from. Deceptive practices. This is the worst thing anyone could do to an individual, or business.

Not sure how this will get resolved. We offered to pay it off if they would reduce the interest back to the original interest, and they refused.

Stay away from them. This would be my advice.

Company: Chase Bank
Country: USA
State: Delaware
City: Wilmington
Site: chase.com

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