Comments on: Guide to Chase Credit Cards http://www.consumerismcommentary.com/2008/02/19/guide-to-chase-credit-cards/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Matthew K http://www.consumerismcommentary.com/2008/02/19/guide-to-chase-credit-cards/#comment-173633 Matthew K Thu, 14 Aug 2008 00:16:22 +0000 http://www.consumerismcommentary.com/2008/02/19/guide-to-chase-credit-cards/#comment-173633 Chase canceled the credit card I had with them after Chase Home Finance mistakenly foreclosed on my house. (6 weeks of phone calls to fix that one -- the foreclosure that is.) They immediately raised my rate to 30% and have refused to acknowledge their mistake, much less correct it. More recently they decided to stop taking the automated payments we had arranged, penalized me for their decision, and have raised my interest rate back up to 30% on the unpaid balance. They are working as hard as they can to make sure that I am never able to pay this credit card off. For the last 3 weeks, they have been calling 8 to 12 times a day from a number that comes through as "Unavailable ID". Half the time, there is no one there when I answer. The other half of the time, they refuse to identify either themselves or their company until I answer their questions (which I refuse to do.) Sprint has classified their behavior as harassment and has advised me to complete a police report so that they can pursue the matter further. I learned who has been calling when I called them today. I can't get rid of this card fast enough and I will never again have anything to do with Chase Credit Cards. Bank of America is staffed by customer-caring angels compared to Chase. Chase canceled the credit card I had with them after Chase Home Finance mistakenly foreclosed on my house. (6 weeks of phone calls to fix that one — the foreclosure that is.) They immediately raised my rate to 30% and have refused to acknowledge their mistake, much less correct it.

More recently they decided to stop taking the automated payments we had arranged, penalized me for their decision, and have raised my interest rate back up to 30% on the unpaid balance. They are working as hard as they can to make sure that I am never able to pay this credit card off.

For the last 3 weeks, they have been calling 8 to 12 times a day from a number that comes through as “Unavailable ID”. Half the time, there is no one there when I answer. The other half of the time, they refuse to identify either themselves or their company until I answer their questions (which I refuse to do.) Sprint has classified their behavior as harassment and has advised me to complete a police report so that they can pursue the matter further. I learned who has been calling when I called them today.

I can’t get rid of this card fast enough and I will never again have anything to do with Chase Credit Cards.

Bank of America is staffed by customer-caring angels compared to Chase.

]]> By: joseph luke http://www.consumerismcommentary.com/2008/02/19/guide-to-chase-credit-cards/#comment-139502 joseph luke Sat, 08 Mar 2008 14:28:30 +0000 http://www.consumerismcommentary.com/2008/02/19/guide-to-chase-credit-cards/#comment-139502 question on2% cash back with $8.25 check if I read correctly u will bill me $59.99 twice and if I spend $5 thou u will then send me a check for $100. so my loss would only be $ 11.73 a year. Thanks but i will pass on to consumer board question on2% cash back with $8.25 check if I read correctly u will bill me $59.99 twice and if I spend $5 thou u will then send me a check for $100. so my loss would only be $ 11.73 a year. Thanks but i will pass on to consumer board

]]> By: bufftbone http://www.consumerismcommentary.com/2008/02/19/guide-to-chase-credit-cards/#comment-137735 bufftbone Sun, 24 Feb 2008 03:11:27 +0000 http://www.consumerismcommentary.com/2008/02/19/guide-to-chase-credit-cards/#comment-137735 Chase also handles Sony's credit card program that gets yo rewards points for free stuff through Sonystyle.com Chase also handles Sony’s credit card program that gets yo rewards points for free stuff through Sonystyle.com

]]> By: rewards http://www.consumerismcommentary.com/2008/02/19/guide-to-chase-credit-cards/#comment-137283 rewards Tue, 19 Feb 2008 18:32:05 +0000 http://www.consumerismcommentary.com/2008/02/19/guide-to-chase-credit-cards/#comment-137283 Can you explain (or link to) how $200 of rewards == a $250 check? Also, in footnote 2 it states that the maximum net balance that qualifies for the 3% rate is $600. Is that for each category, or across all three categories? If it is the latter, then it sounds like $2250/month is the breakeven point when compared to the EmigrantDirect card with 1.54% cash back. i.e. $600x3% + $1650x1% ~= $2250x1.54% = $34.65 A decent bump nonetheless if you can focus on using that card on only three categories. Can you explain (or link to) how $200 of rewards == a $250 check?

Also, in footnote 2 it states that the maximum net balance that qualifies for the 3% rate is $600. Is that for each category, or across all three categories? If it is the latter, then it sounds like $2250/month is the breakeven point when compared to the EmigrantDirect card with 1.54% cash back.

i.e. $600×3% + $1650×1% ~= $2250×1.54% = $34.65

A decent bump nonetheless if you can focus on using that card on only three categories.

]]> By: Ross http://www.consumerismcommentary.com/2008/02/19/guide-to-chase-credit-cards/#comment-137278 Ross Tue, 19 Feb 2008 17:52:15 +0000 http://www.consumerismcommentary.com/2008/02/19/guide-to-chase-credit-cards/#comment-137278 A hidden advantage of the Chase Freedom card is in the cash back rewards. You can redeem $200 worth of cash back rewards for a $250 check. Effectively multiplying your rewards by 25%. A hidden advantage of the Chase Freedom card is in the cash back rewards. You can redeem $200 worth of cash back rewards for a $250 check. Effectively multiplying your rewards by 25%.

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