Let’s say you get a notice that the interest rate on your Chase credit card is going up.

You send Chase a letter rejecting the increase and close the account so that you can repay your balance at the current, lower interest rate.
You’re done dealing with Chase, right?
Maybe not.
According a recent lawsuit, Chase has continued to send “change of term” letters to cardholders with closed accounts, and raised the interest rate on anyone who didn’t go to the trouble of rejecting the new terms again.
Savings Account & MMA Rates
CD (Certificate of Deposit) Rates
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