CHASE BANK FRAUDULENT BANKING RIPOFFS from WAMU Customers 10001 - New York Nationwide

The problem is not Chase. The problem is that you are borrowing money on a credit card. The credit card agreement (which you probably never bothered to read) states that the issuing bank can determine what interest rate they will charge you, and they can change it at any time just by notifying you. If you decide to take your business to B of A, READ the card agreement they give you. It will say the same thing. If you read up on some of the reports on this site, you will find that B of A is not shy about jacking up rates when they feel the need to do so.

The basic issue is borrowing under the typical credit card agreement. The terms are such that you have no control over what you will eventually pay back. There is really no difference between banks when it comes to this. The only way to avoid it is to refuse to carry a balance on a card.

The issue here is whether this is happening simply to you or whether this is a universal process throughout the industry. I will tell you it's the latter. Switching banks will not necessarily give you the satisfaction you require - I would search this website for proof of this. All banks are the same.

If you don't wish to do business with this bank - that's up to you. I would not expect service that is markedly better because rudeness seems to be universal through the industry.