Originally Posted by
jdw715
Talking about pro-rated refund of the annual fee already paid. I opened the personal last summer and the business in the fall. If I close it now, will I get a pro-rated refund of the annual fees?
No offense, but maybe you should call Chase yourself. I've already twice explained, and now, doing it for the 3rd time.
Not to be rude, but this is a very simple situation to understand,...all comes down to common sense. If you think about it for 5 seconds, it's all rather clear.
1) If you close your accounts before the program changes on July 12, there is nothing to be pro-rated, obviously. Why would they refund anything BEFORE the terms change, since the program is still active?
2) If you don't close your accounts, and keep them open past July 12, then they will issue you a prorated refund, since the program you paid for would then be non-existent.
Obviously, in your case, the refund on the account you opened in the fall will be greater than the refund on the account you opened in the summer. Rough guess,...the fall account would receive 25% back, whereas the summer account would be very close to 0%.
Sorry, but if this still doesn't make sense, I suggest you call Chase directly.