Complaint Review: Chase Visa - Palatine Illinois
- Chase Visa PO Box 94014 Palatine, Illinois U.S.A.
- Phone: 800-945-2000
- Web:
- Category: Credit & Debt Services
Chase Visa INTEREST CHARGE RIPOFF, BEWARE RIPOFF, INTEREST CALCULATED BY AVERAGE DAILY BALANCE Palatine Illinois
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I just checked my July statement online and saw I was assessed a small interest charge. I paid my June balance off in full, so I called Chase to have them remove the interest charge. GET THIS they calculate their interest by your AVERAGE DAILY BALANCE. I was told that in order to have no interest charges, I had to pay my monthly balances in full for two months in a row, then I would not receive an interest charge the 3rd month.
I argued with Chase's rep, but they don't care. I paid my June balance off in full, which included a finance charge from May because I was unable to pay May off in full. Now, even though I paid June off in full, I'm being charged interest again because I didn't pay May off in full. DOES THIS MAKE SENSE TO ANYONE OUT THERE BESIDES CHASE? My advice NEVER DO BUSINESS WITH THIS COMPANY. I'm switching to a different credit card company.
G
Fostoria, Michigan
U.S.A.
This report was posted on Ripoff Report on 06/19/2007 09:35 AM and is a permanent record located here: https://www.ripoffreport.com/reports/chase-visa/palatine-illinois-60094/chase-visa-interest-charge-ripoff-beware-ripoff-interest-calculated-by-average-daily-ba-255412. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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