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Get $15, $30, Or $60 In Chase Credit Card "Payment Protection" Class Action

Thursday, July 28, 2011 - 8:28 PMChase Manhattan Bank - Details
From The Consumerist
You're eligible to claim cash if you had a Chase credit card and got charged for a payment protection product between Sept 2, 2004 and Nov 11, 2010, thanks to a recent class action settlement.

The suit alleges that JP Morgan Chase enrolled cardholders in Payment Protection Plans without being completely upfront about the terms of the plans. These plans suspend interest on balances and let you make only minimum monthly payments for up to two years. They are supposed to be for when a major life event or tragedy makes it impossible for you to keep paying your credit card bill. While normal interest is suspended, the program charged .8% of your balance as a monthly fee.

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Oct 15, 2010
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