Print the value of index0
Chase Another hit with Account Service Fee and Change of terms. Wilmington Delaware
Also hit with same ripoff as 388782, 391370, 392945 and more examples at:
http://ficoforums.myfico.com/fico/board/message?board.id=creditcard&thread.id=127972&view=by_date_ascending&page=1
and
http://www.medlawplus.com/classaction/chasecreditcardcomplaints.tpl
Google chase and account service charge.
I had a couple of years ago transferred about $15,000 to chase as a balance transfer for an offer of 3.99% for the life of the loan. I have two payment methods setup to avoid ever being late. I never use the card for purchases as they accumulate full interest you pay off balance transfers.
Received a notice in my November 28 statement that a $10 a month fee would be applied starting Jan 1 and the minimum payment will go from 2% of outstanding balance to 5%.
Called chase, and I have no option of closing card and declining change in terms. I can close the card but they will still charge the fee. I can avoid the fee, by "accepting" a 7.99% interest rate on the loan.
It appears that many people with large balances and low "for the life of the loan" rates are getting similar notices.
It was a good deal, but chase should hold their terms. I refinanced the house last year and decided against paying off chase as 3.99% was lower than my 15 year fixed.
Prior to this incident I would have given chase a pretty good review since I've had the card since the mid 90's.
Steve
Ft. Lauderdale, Florida
U.S.A.