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Chase Bank / illegal practices!

1 PO Box 15298Wilmington, DE, United States Review updated:
Contact information:
Phone: 800-436-7937

Consumers beware Chase Bank on their credit cards does NOT post payments to first item in, first item out. They post payment to the lowest interest item first I.e. purchases. Then what they have been doing to me is taking the interest on cash advances that was billed and and posting it to the "cash advance" balance. (They post the whole payment to purchase balance nothing to interest nothing to cash advances) Thereby, charging interest on interest at the cash advance rate! I don't know if this is illegal, but it should be.

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Comments

  • Pa
      9th of Aug, 2008
    0 Votes

    I closed my chase account @ the branch i opened it at due to all the problems i had with this bank . Long story short, they are now telling me that my account was never closed and i owed them over 900.0 in service fees ..i filed a complaint, have not heard back ..called again ..stated i never filed a complaint ...I will be pursing legal action with this bank

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