Chase Visa
Interest rate stays near 29.99% after seven on-time payments

After being a Chase Visa customer for almost 20 years, last year I made a payment late and my interest rate immediately went up to 28.9 percent.

Fair enough. At the time, I was told that once I made six on-time payments, I could re-negotiate my interest.

After seven on-time payments, I was told today that my interest rate will remain at 29.99 percent indefinitely and there is nothing I can do to change that.

Chase raised my interest rate over the past two months and, at the same time, increased my borrowing limit. I pointed out that this makes no sense and that my interest rate is one hundredth of a point below what constitutes Usury.

Don't do business with these ripoff artists!

Company: Chase Visa
Country: USA
State: Delaware
City: Wilmington
Address: P.O. Box 15298

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