OT: Credit Card Question

For many years I've used only one credit card -- a Southwest Airlines
Visa through Chase. The annual fee is pretty low and I usually score
2-3 free Rapid Rewards coupons per year, which works for me because
most of my travel is on the West Coast. I always pay my full balance
each month. Of course, I never look at the inserts that come with the
bill, but this month I happened to notice a "finance charge" and then
read the "notice of changes in terms." It appears they are now
assessing a finance charge from the DAY THE PURCHASE HITS YOUR
ACCOUNT, i.e., no grace period to pay in full without finance charge.
I have no idea how long this has been going on or if it is new this
month. It seems highly unusual and unfair to me, and I'm wondering if
this is now SOP for credit card companies. I get credit card offers
virtually every day in the mail and shred them without opening them.
Now I'm wondering if I should start shopping around for a new credit
card. Don't have the time or energy to call Chase directly yet (but I
will). Meantime, just wondering if anyone here has experienced
something like this.

Margie
.

Relevant Pages

  • Re: Credit Card Question
    ... I have one that I pay off every month that will not even report it to the ... they want you not to pay it off to report it to the credit bureau. ... Visa through Chase. ... this is now SOP for credit card companies. ...
    (sci.med.transcription)
  • Re: OT: Credit Card Question
    ... We have one that doesn't accrue interest for 90 days I think. ... assessing a finance charge from the DAY THE PURCHASE HITS YOUR ... ACCOUNT, i.e., no grace period to pay in full without finance charge. ... this is now SOP for credit card companies. ...
    (sci.med.transcription)
  • Re: OT: Credit Card Question
    ... assessing a finance charge from the DAY THE PURCHASE HITS YOUR ... this is now SOP for credit card companies. ... Don't have the time or energy to call Chase directly yet (but I ... They did a "60 Minutes" show on credit card companies a year or so ago ...
    (sci.med.transcription)
  • Re: OT: Credit Card Question
    ... ((For many years I've used only one credit card -- a Southwest Airlines ... The annual fee is pretty low and I usually score ... assessing a finance charge from the DAY THE PURCHASE HITS YOUR ... Maybe it's the type of Chase card I have. ...
    (sci.med.transcription)
  • Re: Help! Cant shake off credit card!
    ... > (from Chase, aptly named). ... > I cancelled this credit card by phone months ago, with zero balance, ... > and no recent charges. ... There is likely to be a notice about the dispute process, ...
    (misc.consumers)