I received the notice on the increase of my minimum payment going from 2% to 5% on June 26, 2009 and is effective on August 1, 2009. How can they give you so little time for a change of this magnitude to take effect?
6 months ago Chase lowered my credit limit from $17,500.00 to $8900.00. Today I got a letter from them notifying me the closed the account. I have never been late and always made more than the minimum payment. I don't get it. They aren't taking care of the people that have taken care of them.
I want EVERYONE to know that Chase Credit Cards are a rip-off!!! My credit card got swallowed up by Chase. They instantly increased my APR to 31.99%. I started trying to pay the card down by making huge payments ($1200.00) on the card every chance I got, how did they repay me in return? They decreased my limit so they could jack me over on the interest and reported to the credit bureau's that I am constantly close to my limit which lowered my credit score. I am paying that badboy off as soon as possible and will NEVER do business with Chase ever again. I have never paid a payment late and always payed more than the minimum and they will not lower my APR. STAY AWAY from CHASE credit cards!!!!!!