squeaky wheel: Chase Credit Cards edition

by Kelly on January 30, 2009

in credit,money,paying off debt,squeaky wheel

Remember my post about Chase raising our rates?

I decided to try to fight back. This is one of our oldest accounts, so closing it wouldn’t be optimal especially given that we are still waiting on a refi for our mortgage.  I sent several e-mails on their online system. I would get a near identical reply and when I responded it would be sent to a different customer service rep. Frustrating. I tried calling the 800 number and got the “our hands are tied,” “it’s the economy,” “I can not change it back, you can close the account and keep the current rate or accept the raised rate,” etc. from several reps and a supervisor.

My husband, brilliant guy that he is, reminded me that I could look on the Consumerist to find someone higher up. I found this old post, and sent an e-mail. I heard back from Marie in the executive office yesterday by phone, but they had to talk to the hubby (who is the main person on this account). So he called this afternoon on his lunch break.

Chase offered to keep our current interest rate for the revolving debt we currently have on the account, and any new purchases would be the higher rate. It’s similar to a balance transfer (without the fees).  We accepted their offer.

Now to pay it off. :)

Kelly

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  • emma
    Hi Kelly
    Just thought I would say I am enjoying your blog - I followed you across from Wesabe, where I always rated your advice! I am in New Zealand, and love Wesabe, although it's of limited practical use - I just read the forums and get great advice. I have a 2 years old girl, and work almost fulltime, but my husband has recently been made redundant, so things are pretty tight financially. Anyway, keep it up! I reckon you've got a great chance of becoming a professional blogger.
  • Kelly
    Hi Emma! Thanks for following me. Love your name! I have an Emma, too. :) Sorry to hear about your husband's job loss, I hope he can find something soon.
    Thanks for the compliment!
  • Sheila
    Glad you were able to finally get someone who could help. I always really hate it when they have to talk to the "main" person on the account rather than talking to the "other" person on the account. If you're both responsible for the debt, then shouldn't both of you be able to speak with the customer service people?
  • Kelly
    We have learned now that he can call and give me access relatively quickly. It will probably take him less than 20 minutes to make the calls, and it will certainly make things easier.
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