Credit Card Company Reversing Fee

Some good news for credit card users. Chase Bank has agreed to drop the flat monthly service fee, which it added to more than 184,000 accounts in January. In addition, anyone who was charged the fee will have the money refunded. It took the attorney general of NY to broker this deal on behalf of […]
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Bad news for Credit Card holders

There is more bad news on the credit card front. Today, Chase Bank announced it will be charging a $10-a-month, or $120-a-year, fee. Ouch. This fee is especially nasty because Chase is adding it to borrowers’ monthly balances, and it will accrue interest. The bank is also raising theВ  minimum payments on these accounts to […]
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