Chase Bank - Sony Credit Card
Fixed 3.99% interest commitment not honored with new $10 fee

Business & Finance

Chase decided after three years to add an additional $10 finance charge per month to my account that was supposed to have a fixed interest rate of 3.99 percent. In addition my minimum payment increased from 344 to 846, over $500 per month. All payments have been made on time and recorded as received on time.

This is not about changing things because I missed a payment as I have not. This is about not living up to a commitment that was made by the bank. I can buy the increase in minimum payment but the monthly $10 fee is just a way to increase the rate that they must think is now too low. Fixed rate is a fixed rate unless the commitment is made by Chase Bank & Sony Credit Cards.


Company: Chase Bank - Sony Credit Card
Country: USA
State: Delaware
City: Wilmington
Address: PO Box 15298
Phone: 8777177669
  <     >  

RELATED COMPLAINTS

Cardmember Services, Chase Bank USA, First USA
Minimum Payment Rose $9, Then Late Fee and 18.24% Rate

Chase Credit Card
Minimum Payment Increase From 2% to 5% Targets Low-Rate Accounts

Chase Manhattan Bank, Chase NA, Chase Bankcard Services, JP Morgan Chase Bank
Fixed 4.24% APR Raised to 11% After Years of On-Time Payments

JPMorgan Chase And Company
Interest rate raised from 9.9% to 29.9% despite perfect record

Chase Manhattan Bank
Interest Rate Raised to 25.99% Over Another Lender's Late Payment

Chase
Minimum Payment Raised from 2% to 5% on Promotional Fixed Rate

Chase Credit Cards
Minimum Payment Raised from 2% to 5% on Fixed 3.99% Transfer

JP Morgan Chase
Rate Hikes After Wamu Takeover Despite Always Paying More Than Minimum

Chase Bank
Minimum Payment Raised from 2% to 5% Without Notice

American Airlines
Family Denied Boarding With Open Plane Doors and Luggage Delayed Days