- Centurion Member
- Posts: 416
- Joined: Sat Apr 26, 2008 9:12 pm
- Location: the edge of the world
I do not think Chase is looking to exit the business; what they are looking to do is to maintain or maximize profits during this economy.
The $10 monthly fee Chase is charging for low interest balances is indeed extremely vague. Initially in their press release they claim that only applies to less than 1% of cardholders, but I'm extremely skeptical of that figure.