Originally Posted by
mahasamatman
It is quite interesting that this is
not clearly listed in the terms and the conditions below the application link, rather it is hidden and located in an obscure portion near the bottom of the page.
It is deceptive to the applicant. All of the applicants whom made web based applications are entitled to receive their bonus offers, as Chase
NEVER NEVER clearly stated the first time cardholders rule in
the pricing and terms link on the application page.
If you take out an advertised fixed 7 percent interest loan for ten years, and then in some minute corner somewhere in the fine print they stated that the interest rate would rise to 20 percent and adjust every three months. You even confirm with the CSR rep that the loan is fixed at 7 percent for ten years, and then receive a letter three months later stating the interest rate is now 20 percent. This is clearly deceptive advertising.
The state and federal attorney generals offices can charge Chase with deceptive advertising and breach of contract. Perhaps the class action lawyers might like to become involved.
