Complaint / review text:
I recently received a notice that my APR for the credit card account I have with Chase is going to be raised from 6.99 to 19.49%. There was no reason given, and I have had not a single late payment on any account in over 15 years. I have sent them a letter opting out of their change and also advising them and anyone else that I will no longer do business with them, for them, or with any organization associated with Chase.
This change would in effect change my monthly mininimum payment by a factor of 3x.