- Report: #475537
Complaint Review: Chase Bank - Willmington Delaware
-
Author Confirmed
Why?
Chase Bank
PO Box 17199 Willmington, 19850 Delaware, U.S.A.
Phone:
800-918-9171
Web:
N/A
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Chase Bank Chase Bank Credit Card Cancellation Rip Off Willmington Delaware
After paying all payments on time and paying 4-5X the minimum required, I just received notice that my Chase Credit Card accounts have been closed for some pretty flimsy reasons:
1. Number of bankcards opened has grown too fast.
This is an ambigious statement. What is grown to fast ??????
I have 2 credit cards, one opened in Feb 08 and one opened in Nov 08. Obviously my credit was good enough to open the accounts?????!!!!!!!!!
2. Average length of time since bankcard opening is to short.
Another ambigious statement. One card has been
open for 18 months and one card has been open for 9 months. What does the length of time the card is opened have to do with anything????? If this is how you evaluate a person s credit worthiness then you would have to close
every account that was opened...because when the card is opened the length of time will ALWAYS BEGIN SHORT....Duhhhh
3. Total available credit on bankcards is to low.
This is a LIE! Total Fabrication!!
I have one card with a $2,000 credit limit and a balance of $290.
The second card has a $2,000 credit limit and a balance of $1,165. The second card has a higher balance because I was offered a 0% rate for 12-months and I used the offer to pay for my deck. I have 6 months left at 0% and planned to have it paid off by the end of these terms. I have never added anything additional to this card.
If this is how Chase treats a GOOD customer I have no use for this bank. I should mention that all of my other credit accounts are in good standing and all I have no negatives on my credit reports. This bank is a Rip-Off!!!!!
Former customer
Wingate, North Carolina
U.S.A.
1. Number of bankcards opened has grown too fast.
This is an ambigious statement. What is grown to fast ??????
I have 2 credit cards, one opened in Feb 08 and one opened in Nov 08. Obviously my credit was good enough to open the accounts?????!!!!!!!!!
2. Average length of time since bankcard opening is to short.
Another ambigious statement. One card has been
open for 18 months and one card has been open for 9 months. What does the length of time the card is opened have to do with anything????? If this is how you evaluate a person s credit worthiness then you would have to close
every account that was opened...because when the card is opened the length of time will ALWAYS BEGIN SHORT....Duhhhh
3. Total available credit on bankcards is to low.
This is a LIE! Total Fabrication!!
I have one card with a $2,000 credit limit and a balance of $290.
The second card has a $2,000 credit limit and a balance of $1,165. The second card has a higher balance because I was offered a 0% rate for 12-months and I used the offer to pay for my deck. I have 6 months left at 0% and planned to have it paid off by the end of these terms. I have never added anything additional to this card.
If this is how Chase treats a GOOD customer I have no use for this bank. I should mention that all of my other credit accounts are in good standing and all I have no negatives on my credit reports. This bank is a Rip-Off!!!!!
Former customer
Wingate, North Carolina
U.S.A.
1 Updates & Rebuttals
Former customer
Wingate,North Carolina,
U.S.A.
Update
#2Author of original report
Sat, August 01, 2009
Just an update...I transferred the balances from both cards to my Wells Fargo account ($5,000 credit limit, $0 balance) and they were happy to get my business. Note to anyone this is happening to: Get your balances paid off or transferred as soon as possible to mitigate damages to your credit reports and FICO score. If you don't, the credit reports will reflect your available credit as the same amount as your balance which will lower your score because it will appear as though you are maxed out on the card(s). I will NEVER do business again with Chase and I only hope they collapse with their poor business practices.
