Complaint / review text:
Received a Chase credit card bill that included a $1.50 minimum interest charge. I normally pay the chase bill in full but used it once for credit and then paid it in full after the second billing including all interest charges. Chase charges a minimum $1.50 interest. A charge that you can never get rid of! They charge interest for the 10 day wait period before they receive your payment. Since there is a $1.50 minimum interest charge, mathematically you can never get rid of the $1.50 monthly minimum charge ($18.00 per year). I raised hell with Chase about this and they took the $1.50 off the bill. Another solution, when you are paying off the full amount after accruing an interest charge add $1.50 to your payment. This amount will be shown as a credit at the time of the next billing and eliminate the $1.50 monthly charge.