Chase Credit Card
Rate Increase From 8.99% to 29.99% For Being 4 Days Late Once

Business & Finance

I recently had a rate increase on my Chase Card that I have had for years. I had to attend to a family emergency on the East Coast a couple of months ago and missed my payment by 4 days. This was the first late payment in years of having the card. My rate went from 8.99% to 29.99%. I called the 800 number on the bill to dispute and the person hung up on me. I went into my local Chase branch and the manager was able to remove the late fee but nothing else. I don't feel a 21% rate increase is justifiable. I have been loyal to Chase for year and don't appreciate the slap in the face received by this ridiculous increase.


Company: Chase Credit Card
Country: USA
Site: chase.com
SUBMIT A COMPLAINT
  <     >  

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

WaMu/Chase Bank Rip Off
Missing Statement, Moved Due Date, Rate Jump from 9.99% to 29.99%

Chase Platinum
Interest Rate Raised From 10% to 27% Despite Perfect Record

Chase Bank
Interest Rate Raised From 12.24% to 27.24% for Payment 5 Days Late

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

Chase Bank
Credit card rate hike to 83% after one late payment

Bank Of America, JP Morgan Chase, Bear Stearns, Citigroup, Wachovia, Washington Mutual, Wells Fargo
10 Years On Time, Then $5,000 Credit Limit Cut and Rate Hike

Chase Bank
Rate Raised to 29.99% After One Late Payment in April

SUBMIT A COMPLAINT