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I avoided doing so because I don't really want the internet to know what credit cards I have. With that said, let's say I specifically name "Chase". Are you go

I avoided doing so because I don't really want the internet to know what credit cards I have. With that said, let's say I specifically name "Chase". Are you going to cancel your existing Chase bank account or credit card upon hearing this?

magduf 7y ago
>With that said, let's say I specifically name "Chase". Are you going to cancel your existing Chase bank account or credit card upon hearing this? Well put it this way: if you specifically name "Chase", I'm going to think twice about applying for a credit card there or opening a bank account there. It's harder when you're already invested in a business, but when someone is shopping for a new one, when they hear credible information that shows that business to be a bad actor or that it will provide them a bad experience, it's pretty easy to cause many of them to choose something else. BTW, I would never advise anyone to get a Chase bank account; they're pretty well-known to be horrible. You can get far better service and interest rates from a good online bank like Ally, Schwab, Discover, etc.
- AdmiralAsshat 7y ago
  > BTW, I would never advise anyone to get a Chase bank account; they're pretty well-known to be horrible. You can get far better service and interest rates from a good online bank like Ally, Schwab, Discover, etc. Again, it was a placeholder name. But I'll be honest for the sake of those curious and just say "the credit card that's offered through Costco" :)
- clairity 7y ago
  yah, absolutely avoid the big 4: chase, citibank, bank of america, and wells fargo. there's always a better local/regional/online alternative at a lower cost and with (often much) better service.
w-j-w 7y ago
The principal here is that businesses with bad practices should be named and shamed. Companies that act like this are banking on their consumers not caring enough to do anything about it. Even a negative press reaction may be enough to dissuade companies from doing this. Refusing to name the companies is compliance.
skinkestek 7y ago
> I avoided doing so because I don't really want the internet to know what credit cards I have. And that is one of the reasons why we are allowed to have multiple accounts on this site, as long as they aren't all throwaways. I bet you are aware of this already, so I'm mentioning this mostly for the benefit of those who haven't wasted half a decade (or more in my case here.)

magduf 7y ago

>With that said, let's say I specifically name "Chase". Are you going to cancel your existing Chase bank account or credit card upon hearing this? Well put it this way: if you specifically name "Chase", I'm going to think twice about applying for a credit card there or opening a bank account there. It's harder when you're already invested in a business, but when someone is shopping for a new one, when they hear credible information that shows that business to be a bad actor or that it will provide them a bad experience, it's pretty easy to cause many of them to choose something else. BTW, I would never advise anyone to get a Chase bank account; they're pretty well-known to be horrible. You can get far better service and interest rates from a good online bank like Ally, Schwab, Discover, etc.

AdmiralAsshat 7y ago
> BTW, I would never advise anyone to get a Chase bank account; they're pretty well-known to be horrible. You can get far better service and interest rates from a good online bank like Ally, Schwab, Discover, etc. Again, it was a placeholder name. But I'll be honest for the sake of those curious and just say "the credit card that's offered through Costco" :)
clairity 7y ago
yah, absolutely avoid the big 4: chase, citibank, bank of america, and wells fargo. there's always a better local/regional/online alternative at a lower cost and with (often much) better service.

w-j-w 7y ago

The principal here is that businesses with bad practices should be named and shamed. Companies that act like this are banking on their consumers not caring enough to do anything about it. Even a negative press reaction may be enough to dissuade companies from doing this. Refusing to name the companies is compliance.

skinkestek 7y ago

> I avoided doing so because I don't really want the internet to know what credit cards I have. And that is one of the reasons why we are allowed to have multiple accounts on this site, as long as they aren't all throwaways. I bet you are aware of this already, so I'm mentioning this mostly for the benefit of those who haven't wasted half a decade (or more in my case here.)