Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
The NY Times yesterday ran a piece about credit card companies "going to war" to combat losses. One of the stories is a man who had a Chase credit card with 3.99% for life of loan balance transfer and Chase decided to raise his rate anyway. They sent him a letter that he would have to pay a monthly fee plus increase the amount of his payment if he wanted to keep paying the same interest!
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