Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
I don't know anything about what Fresh said but I can say with 90% confidence that the acquisition doesn't effect Chase credit cards for the most part. The merger/acquisition on is effecting the Washington Mutual credit cards as far as I know.
I have two Chase cards and have not had any rate hikes. I'm not defending Chase because I'm sure some of their practices are questionable but for the most part Chase is a really good company. I have a friend with a Chase card this is chronically late in paying his bill on time - maybe 3 to 5 times a year. It's not that he can't afford to pay it's that he is "forgetful" to put it in nice terms, ha. He always calls them up and they waive his late fees. I don't think most credit cards would waive late fees time after time so I do have quite a bit of respect for Chase for doing that.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
Current Cards: American Express:
Blue Cash, Simply Cash Bank of America:
WorldPoints Platinum Plus Chase:
Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi:
Thank You Premier, Dividend Platinum Select Discover:
MorePrimary Everyday Card: American Express Blue CashPrimary Travel Card: Chase Sapphire Preferred