Showing posts with label 2% to 5%. Chase Bank. Show all posts
Showing posts with label 2% to 5%. Chase Bank. Show all posts
Saturday, December 19, 2009
Controversy arises over Chase Bank Facebook Charitable Organization contest, boycott of Chase Bank is called for by some non profits.
An interesting development has occurred over the Chase Bank Charitable program giveaway. Chase Bank is funneling a tiny fraction of the money they STOLE from their own customers when they raised their monthly minimum payment on life of the loan, low interest rates from 2% to 5% and is giving that stolen money to charitable donations.
A couple of days before the Chase Bank Facebook contest was over, the public tally of the votes was removed from the Chase Bank Contest pages. A few groups that were in the running suddenly fell out of the top 25 and are now protesting Chase Bank.
I actually have empathy for Chase Bank over how they divide the miniscule percentage of the grand total of money they have stolen from their own credit card customers. Sure these Chase Bank customers had their low interest credit card rate, life of the loan agreements changed so that they to come up with 150% more money every month for their monthly minimum payment obligation, but Chase Bank needed a small portion of that stolen money to generate positive publicity for themselves!
Apparently, Chase bank was concerned that some of the charitable organizations were political groups and they did not want to get caught making donations to politically charged 501c groups.
So in this one instance, I do feel a touch of empathy for Chase Bank being blamed for trying to do the least politically explosive thing. Too bad they don't treat their best, never late paying credit card customers the same way.
Thursday, November 19, 2009
Facebook and Chase Bank join forces to give away five million dollars that Chase Bank just took from their own never late paying customers.
First Chase Bank changed terms on a million of their never late paying credit card customers. The changes included raising monthly minimum payments from 2% to 5%, or if one was paying 400 dollars a month, the new payment would have been 1,000 dollars on low interest rate, life of the loan credit card loans.
Any customer who had other debt at higher interest rates would have actually lost money by being forced to pay down their Chase Bank debt faster than their higher interest rate debts.
So what does Chase Bank do with the extra money that is suddenly coming in even as they wipe clean these low interest rate life of the loan accounts from their banks in an accelerated manner? Chase Bank is using that ill gotten money on Facebook.
Chase Bank is "giving away" five million dollars to charities. That money that Chase Bank is "giving away", as far as I am concerned, it came from their own customers. Diverting money from one group of people to a new group of people while posturing that it is a giveaway to non profits is just another, sleazy example of how Chase Bank operates.
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2% to 5%. Chase Bank,
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Wednesday, November 11, 2009
Chase Bank has job openings in the Philippines to service North American Accounts.
When I first came across this story I let it go because it's a free world. Chase is an international banking company. If they want to hire people of filipino descent to service the Asian sector of their customer base, that is fine and dandy. So, I let the story drop, or so I thought.
Thanks Chase, just one more way you rob from main street, take bailout money, give out big bonuses to your executives, and outsource jobs elsewhere. You really are a piece of work.
Labels:
2% to 5%. Chase Bank,
Outsourcing,
Philippines
Monday, August 24, 2009
If you live near Washington DC and have a Chase Bank Credit Card Horror Story and want your story on the news, contact DAILY-PROTEST.com
For a limited time, if you have had a bad experience with Chase Bank Credit Card division I will forward your contact information to a news contact that is doing a story about Chase Bank and their Credit Card Division. If you live near the Washington DC area and want to be heard, please contact me via this blog. You can click on my bio to get my email address. I won't reveal who it is but they are with the "news".
I can't guarantee you will be picked but I will forward your info to them. Once the story runs I will update this article with a link to the video.
Here is the information I received minus the name of the person...
Hi Alessandro,
I'm working on a story about some of the problems I’m hearing about from credit card holders. As you know, many are saying their credit card accounts are being closed by the banks, including CHASE, without much notice. And of course there are the complaints about lowered credit limits and increased interest rates. I’m trying to find some people in the Washington, DC metro area, not experts, but people who’re having these bad experiences with their credit card companies. Would you know of anyone on this coast? Or would you be able to forward my e-mail to the other like-minded bloggers?
Thanks for your help!
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