Personal Finance

Chase credit cards; DON’T GIVE CHASE YOUR BUSINESS!!!!!!

I had 2 cards from Chase for 15 years, and always paid them on time, over the minimum amount, yet when I divorced they arbitrarily raised my interest rate from 10% to 28.99%, even as the Fed dropped the prime rate!!!! I have 2 other credit cards, Amex and Citibank, and niether of them raised my rates when I became single again.

I called and tried to get Chase to lower the rate. They refused, saying that they reserved the right to raise the rates at will. I cancelled the cards. One of my Chase cards already had a zero balance when I cancelled the cards.