Quote:
Originally Posted by julee_m
I ALways pay on time and yet yesterday I got a notice that minimum payments will now be 5% of the balance and that they can close my account at any time for any reason.
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Wow, in a world used to 1% and 2% minimum payments that's a huge shocker! My girlfriend has a big balance on a Chase card and she is going to be
beyond pissed when she gets this letter... Now I don't know if I should warn her ahead of time or just play dumb.
Can you close your account to avoid the change in terms much like you can with an interest rate hike? Do you have your card on a promo rate, or is it a standard rate card?