I originally went for this card to get $50 off of
a computer purchase on Amazon. I have to say that
this card has been, by far, the worst I have ever
dealt with, and I have had great credit since I
was `18 years old (30 years ago). This one has
been tough, and didn\'t end well for me or for
Here\'s my experience:
1. I applied for the card
2. I received no bill for approximately 60 days. When I did, it was very difficult to create an online account to pay the card. But I had to, as there was no time for a check to be sent.
3. When I linked the account to my bank account, I was told that everything was OK. However, it was not, and my payment did not go through. I found out about this when I received a notice from my credit monitoring service that I had a late payment.
4. Contacted Chase, they took a payment over the phone, gave me $100 in credits (waived a late fee and actually gave me some money back), but would not remove the late pay from the credit monitoring agencies.
5. Contacted the credit monitoring service, disputed, got the late pay removed from one credit report.
6. Fixed the online account, paid off the card and cancelled it.
Hardest I\'ve worked for $50 in a long time. Well, maybe it was more like $70 after they waived all the costs. Chase actually lost money on this, but I lost points on my credit score too. All in all, not something I will do again. In fact, I work for an organization that issues debt, and actually maneuvered a recent issue away from Chase - even though they has a SLIGHTLY lower rate - due to their predatory lending practices. Still, I will never feel like this has been made right. While I will reluctantly end up doing some business with Chase, I will continue to use and share this knowledge both personally and professionally in order to safeguard my friends, colleagues, and investors.… read more
Reviewed by: @uphillavalanche