- Report: #385611
Report - Rebuttal - Arbitrate
Complaint Review: Creditcards.lowermybills.com - Chase VISA
Creditcards.lowermybills.com - Chase VISA201 North Walnut Street Wilmington, Delaware U.S.A.
Creditcards.lowermybills.com - Chase VISA After entering credit info/balance transfer request, Chase says "PreQualified at 0%" then mails partial amount at high interest rate. Wilmington Delaware
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
Within my credit report was an advertisement to transfer my credit card balances. Selecting that link I requested a credit card for balance transfers, entered my credit profile of Fair and selected Get Prequalified. The next screen asked for my name, address, etc. and upon completion was a screen that clearly said Chase Platinum MasterCard PreQualified (with a checkmark) at a 0% interest rate for 12 months and a button that said, Get this card.
That took me to a screen that asked for all of my contact info, SSN, annual income, etc. It also asked for credit card balances and credit card numbers for balance transfers (I requested $6839 at a high interest rate for one card and $10,062.82 for a second). I read the pricing and terms and continued. After a brief waiting period a screen came up a said that I was approved.
A couple of weeks later Chase sent me my card stating that I was only approved for $3500 and that they went ahead and transferred $3000 to the first card. When I called Chase customer service, he claimed that it was in the terms that I had accepted that they could go ahead and transfer the funds. To add insult to injury, he also said that I was at 19.4% because of my credit rating.
Instead of being provided the full balance transfer of at least one card at 0%, I was simply given another high interest rate card and consequently another payment to make. This was clearly misleading if not completely false advertising.
I returned to the site going through the same process and could not find anywhere that it suggested anything other than my prequalified for a 0% balance transfer. Chase should comply with their agreed prequalified rate (0%), terms (for 12 months) and amount ($6,839) or cancel the card, remove any fees and return the funds to the original card holder. Ideally this type of entrapment should be investigated as consumer fraud.
This report was posted on Ripoff Report on 10/28/2008 11:21 AM and is a permanent record located here: http://www.ripoffreport.com/r/Creditcardslowermybillscom-Chase-VISA/Wilmington-Delaware-19801/Creditcardslowermybillscom-Chase-VISA-After-entering-credit-infobalance-transfer-requ-385611. 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.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.