Today is Wednesday November 25, 2009. Tomorrow is Thanksgiving and that means this is a holiday weekend. On Thanksgiving the post office is closed.
The standard APR for purchases and balance transfers will change to a variable rate: the Prime Rate plus 16.99%, which as of October 15, 2009 would be 20.24%. The standard APR for cash advances will change to a variable rate: the Prime Rate plus, which as of October 15, 2009 would be.
These changes will be effective for billing cycles that begin on or after December 1, 2009. You may notify us to reject these changes as described in this notice. They will apply to current and future balances on your account.
If you want to reject the changes except for sections (C) and (D), regardless of whether your account is closed, you may do so by notifying us. Please call us at 1-800-300-8575 or write us a letter advising us that you reject the changes. We’ll need to receive this call or letter before the date these changes take effect as described in this notice.
Shame on you CHASE! For Shame! The credit card act is coming and you found the time to increase everyone’s rates. You DO NOT even give us the consumers 45 days notice. Shame on you for quoting October 15th, 2009 when this letter didn’t reach me until November 25, 2009.
Sending a letter is the only way you'll have evidence in your favor. Calling them is no guarantee. If you don't have it in writing it becomes their word versus yours.
I'll also be posting a picture of my account (Nov 25, 2009) showing they didn't post any change of notices online.