Chase Bank
Don't accept Chase Visa balance transfer offer! Glorified pawn shop! Ripoff

I made the mistake of accepting a 0% interest rate offer to transfer a cc balance to Chase Visa, and quickly had the rate increased to 29% after mail problems in getting my first bill. (I had transfered the balance from a card that had a 10% rate.)

I was able to pay the balance off before Chase "Pawn Shop" ripped me off too badly, but I quickly regretted what I now think was a bait and switch offer. Chase seemed to be looking for an opportunity to raise the rate to an exhorbitant level immediately, and did so before I even was able to get my first bill. I mostly use Bank of America; and they have never done anything like that. Unless your interest rate is over 30%, stay away from Chase.

Company: Chase Bank
Country: USA
State: Delaware
City: Wilmington
Address: Po Box 15153
Phone: 8009452000

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