I hate banks. I have an old Chase credit card that I have had since my college days that I just keep for emergencies. I never use it. It never had a fee. Well Chase’s algorithms have figured it out and want to at least get a few administrative dollars out of me. I get it, everyone, including credit unions may need to re-price for risk and ongoing conditions. So, after receiving the notice below I thought it may be good to repost some of our blogs on change in terms notices. No, that is not a typo. Up to 29.99% penalty APR. I think the old one was 23.99%. That range is pretty much the norm for banks.
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