chase eliminating cap on bt fees

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chase eliminating cap on bt fees

Postby maddybeagle » Mon Jan 09, 2006 10:01 pm

Fat wallet mentioned that some folks are getting revised terms with no cap on bt fees starting with the 3/06 monthly statement. Anybody else get that or do you think it is targeting some consumers/cards? My MBNA card is like that and just use it for the epay and occasional purchase.
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Re: chase eliminating cap on bt fees

Postby mouse » Mon Jan 09, 2006 11:33 pm

maddybeagle wrote:Fat wallet mentioned that some folks are getting revised terms with no cap on bt fees starting with the 3/06 monthly statement. Anybody else get that or do you think it is targeting some consumers/cards? My MBNA card is like that and just use it for the epay and occasional purchase.

MBNA started that

Most of their BT's were $75 max
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Postby Polonius » Mon Jan 09, 2006 11:49 pm

Yes, I've gotten that change of terms on three Chase cards effective with the billing cycle that includes March 1. Remember, though, that these are changes to the standard terms. Nothing prevents the issuers from making special offers with capped fees or no fees...
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Postby Board Monitor » Tue Jan 10, 2006 7:31 am

Hmmm...not good news. If you've gotten this notice, please post here!
Regards,
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Postby shooter » Tue Jan 10, 2006 10:19 am

Yep, got those terms last night. I was going to start a thread about it this morning but maddy beat me to it. I double checked my original terms to make sure there had been a cap when I applied. It was a $75 cap when I got the card. Oh well, as Polonius says we can still hope for special offers.
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Postby maddybeagle » Tue Jan 10, 2006 11:17 am

I have an offer for 0% for 6 months that I probably will take this month before the cap disappears.
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Postby XeroK00L » Tue Jan 10, 2006 12:40 pm

They should also eliminate the cap on cash dividends just to be fair. :roll:
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Postby shooter » Wed Jan 11, 2006 12:35 am

XeroK00L wrote:They should also eliminate the cap on cash dividends just to be fair. :roll:


That would be great!
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Postby guessindigo » Wed Jan 11, 2006 1:06 am

Board Monitor wrote:Hmmm...not good news. If you've gotten this notice, please post here!


Just got it today enclosed with my statement. This sucks!!
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Postby Board Monitor » Wed Jan 11, 2006 9:22 am

Thx to everyone for their feedback. Would anyone be interested in speaking to one of our reporters via e-mail or phone about this? Please advise.
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Postby Alexis Rios » Wed Jan 11, 2006 5:30 pm

guessindigo wrote:
Board Monitor wrote:Hmmm...not good news. If you've gotten this notice, please post here!


Just got it today enclosed with my statement. This sucks!!


I received this notice too. :evil:
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Postby Pilgrim » Wed Jan 11, 2006 10:23 pm

Board Monitor wrote:Hmmm...not good news. If you've gotten this notice, please post here!



Yep, I received it too, on my CHASE card.
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