The card in question was originally opened with Washington Mutual. Loved doing business with them. However, when they went under it became a Chase Card. After Chase stripped my card of all its benefits for no reason, I decided to stop using the card except a couple times a year just to keep the account open, to prevent a closed account from hurting my credit score.

Well just got a letter today saying the card hasn't been used for "an extended period" and is now closed. That's it, no warning, no friendly reminder to use the card or it will be closed, nothing. It's only been five months since I last used the card. I called and tried to have the account reopened and of course the service rep said no. I told her how terrible a company Chase is and how I would never do business with them again. She didn't seem phased at all. This must happen on an hourly basis at Chase.

Bottom line Chase sucks! Please boycott them at all costs. Let's put the bums out of business! I miss WAMU!

After years of being a loyal JPMorganChase customer at a fairly low fixed credit card rate, Chase unilaterally changed the terms to a variable rate that more than doubled. After threatening them in writing that I would default if they didn't change it back and close all accounts I had with them & tell all my friends in my small community; they did indeed changed it back and I have been desparately trying to pay it off as quickly as I can($10,000 left). Now just last week, I hear their CEO just ran off with 29 Billion dollars in bonus' after I helped bail this bank out (TARP $); I'm seriously considering writing Chase and demanding a 0% interest rate on this customer closed credit card, until I get this debt paid off. I will suggest that they get it from their CEO and charge this account off as my BAIL OUT.

I am in full agreement that USAA is great service and great rates. Bank of America has nearly two times the rate of my USAA account, and aren't budging on rates. I'm going to pay it off and move entirely to USAA for everything. Already set up a checking and savings, auto loan, mortgage, and am getting started on their tax deferred annuity products. Bank of America is paying the cost by losing my business. They won't realize how much they lost in aggregate by all the folks like me leaving them for better service and rates with USAA

Went to use capital one points to pay for air travel, they have these point ranges, a way for them to pay back a lower amonuts than advertised. For example had a $1,350 air fare, had 91,400 points. The way they advertise you would think I would get $914 off that ticket, problaem is its only at 50% so I only get back $457. I'll pay off this month and stop using the card. Just another scam, stay away from Capital One.

I applied for a Chase Rewards MC, and I got the card in the mail a week later. When I called to activate the card, they re-routed me to the fraud department. The representative said there had been an attempt to use my credit card number in an online purchase, but since the card hadn't been activated yet the purchase attempt was rejected. Here are the problems/issues I had with this incident:

#1. The attempt to use my card had been made 5 days before it arrived in the mail. Chase NEVER called me about the fraud attempt, but only mentioned it to me when I called them to activate my card.

#2. They acted like it was no big deal since the fraud attempt had failed, and seemed annoyed that I asked for a new account number.

#3. I did get a new account number but I'm actually afraid to activate the new card. I'll probably close the account, but ironically it could end up hurting my credit score to close the account.

#4. This fraud attempt happened After they gave me an account, but Before I ever got the card, so how did they get my account number?

#5. Chase did NOTHING to investigate this. At first they said they would, but every time I called back there was no record in the system that indicated they were checking into this. Now there's not even a record in their system that the problem existed in the first place.

#6. If this is how they handle fraud and/or fraud attempts, can I trust them to properly deal with any future fraud attempt on my account? (easy answer: NO!)

Been using my Capital One credit card for past 2 years WAS very happy with them until my interest rate went from 5.99% to 15.99%! I have never made a late payment; never gone over my credit limit and always paid more than the miniumum payment. I called,talked to the "special desk" (I think they are special because they have a list of excuses about how many ways that they don't care about you as a customer). I was advised I was not the only one they raised the interest on...they did it to over 11 million of their customers!!! WOW, I better go buy some Capital One stock. Am currently surchasing for a new credit card and am being diligent at trying to pay off my balance and being rid of ALL credit card companies!!

I just called the Navy Federal Credit Union. You can only get membership if you are currently in the military, retired from the military or are a DOD employee/civilian contractor.

Chase had 3.99% for the life of the loan and they stuck with it and have never changed the rate. I'm still with them and careful to never use that card.

Wells Fargo is offering 5.9% for 12 mo. and a 3% balance transfer but the max fee is $99 !!!

I see a few "we need to regulate these evil companies!"

Actually, these companies are delivering quite an amazing service, and if you pay off your debt you owe them, there is no interest and often no annual fee. That's pretty amazing.

Those who borrow money and get into debt and can't pay these cards off - these companies know how many will go bankrupt, drop out of their payments altogether, etc... That costs them a ton of money and their rates reflect what it costs to cover all these losses - massive losses - not to mention theft - huge!

Oh, and they are also in the business to make money, that's what they are there to do.

Instead of regulation, just take your business elsewhere, or don't borrow money you don't have. Now that is advice I believe would subscribe to completely!

Buyer beware - it's really that simple.

Advanta Credit Cards lured me in with great teaser rates, thenwithout telling me slowly increase their interest rates to over 36%!
I am a small business owner and was not late or over limit, they just stiick it to you hoping you never question the rate increases.
Thay have recently gone into my personal checking account and withdrawn electronic funds without my authorization or approval!
These people should be ashamed.

Denise if you Don't Carry A Balance, It Doesn't Matter What The Interest Rate Is. Chase Pays Me To Use My Card. (5% on Gas etc.)

In rating credit cards, Consumer Report apparently gave Discover a "decent score" however I want to make it known that they are one of the companies that just lowered their customers' credit limits "across the board" and are telling customers it was a "business decision." I have had their card for years, have always paind my bill on time and without any notice found out when I received my last statement that my credit limit had been lowered. This has a negative impact on your credit score because it decreases the percent of the credit you are using. When called, the company just said it was "across the board" and a "business decision." They certainly do not deserve a "decent" rating...

Received notice today that interest on our Capital One account (balance of which we pay in full each month) is going from 9.9% to 17.9%. After much time on hold and speaking to a supervisor, it was suggested that we shop around, find a better rate, then come back to them and they would "match" it so that we could stay with Capital One.

I told them, "Nope. Whoever offers that better rate, gets the business." No way am I going to play that game.

Available credit is sweet! Credit balances not so much. I have great credit and need a card with GOOD cash back offers. Dont sent me anything with a yearly fee; that is a rip off. You are charging me interest; I am not paying you to charge me.

Thanks,

I was at 5% interest, paid usually at least double what was due, (trying to make it go away) and now because I have a low balance have charged only a few times this year to buy my sons books for college. They are raising my rate to 15.9%... They have lost me to. Back to the credit union I go. Apparently the only customers they want are maxed out minimum payment people, until they default. with no job

Anytime you want to make a payment, it takes them about a week and half to clear the money from your account. What kind of place doesn't want their money right away?

I tried that old trick, calling Capital One to say a competitor offered a lower annual interest rate, could they improve theirs for me? Capital One said it was "out of the question" and, BTW, Capital One is planning to jack up everybody's interest rate to 17% soon, they said. Luckily, I was not bluffing, Discover offered me 3.99% to get a card and transfer my balance. Which I did after ending my call with Capital One

Don't EVER get a card by Juniper and Midwest Express. Their HORRIBLE customer service time and time again was enough for me to put their card in the shreader.

I too have been ripped off by Advanta. This last statement the rate is at 27.18% with cash advances at 37.18%. These people need to go away. I have never made a payment less than $1000, always on time, and have a decent credit history. Is there any recourse here, I have stopped using it and need to get them out of my life. I, embarrassingly owe $16k.

I feel they were unjust because I had NO plans to avoid exceeding the limit.

I agree the Starwood Amex is a great deal for hotel points and miles. It is the best miles credit card out there. Learned about it at http://www.milecards.com/

Trying to find out which one of American Express' credit cards are the best for earning airline travel rewards. Is it the Sky Miles or the Blue Card

I am looking for a credit card with 5 points per dollar spent. Do you know of any. Thanks for all your great info and help

I pay my balance each month and want to earn hotel points.
American Express has a Starwood Hotels card that seems like a good deal.

how do i get started at 52

Clark,
My husband and I have a credit card from our local credit union. I want my own credit card, can I get a seperate one from the same credit union just in my name. I would use if for my business travel expenses only and pay off monthly. My husband charges his gasoline on our joint card and pays off every month also. Thanks for any advice you can give me.