Posted by William Charles on June 7, 2019
Recaps

Published on June 7th, 2019 | by William Charles

12

Recap: Walmart $1 A Day Degree Program, Chase Arbitration Update & More

 

  • Qantas Chooses Onboard Gym Over Sleeping Pods… by Live and Lets Fly. Personally I absolutely hate the idea of having on board gyms. Considering that people in economy won’t have access to a shower, I don’t really want people exercising and sweating. Personally thought the cargo style beds was a great option and something I’d be happy to pay for over a more traditional business/first class experience.

Deals starting/expiring at the end of today or starting today (view the full deal calendar here):

Deals starting/expiring at end of tomorrow:

Here are some of the most popular posts from past few days:



12
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
Beefer
Beefer

Fuel points deal expired yesterday, not today.

Nick
Nick

I assumed Chase accounts would not be closed given it did not state such (especially since it was separate from the other terms that would close the account if refused). Glad to hear confirmation.

Mimi
Mimi

If one has several CCs with them, they can close a different card number that wasn’t identified with opting out of arbitration. By then, one can’t say it was a retaliatory move especially if shutdown happens months later since the card issuer reserves the right to close CCs at their discretion, right?

Best to weigh carefully the pros and cons of opting out depending on one’s risk tolerance.

doc
doc

I agree. This is one of those things that… while Chase says they won’t retaliate; yet, they’ll never really forget — particularly when making future decisions about accounts.

Frank
Frank

The “quantas gym” article is fake news. There aren’t going to be gyms, more like yoga stretch areas — that’s what the actual quotes say. The liability would be insane for putting an actual gym on a plane — slightest amount of turbulence and someone could be seriously injured.

Jim W.
Jim W.

So, let’s say I send my letter to Chase opting out. Sent via snail mail. How can I confirm receipt, assuming they don’t send me an acknowledgement letter? I’d have no proof if the s*** ever hit the fan.

Matthew
Matthew

Delivery confirmation or signature required.

C Jacks
C Jacks

Send it through certified mail. It’ll cost more, but if that’s important to you it will work.

Mark Ostermann

You could send it certified.

David
David

Since almost nobody is going to opt out of arbitration because it’s the default and requires some work to opt out, Chase has succeeded in its goal of killing class action lawsuits. Sure, the 0.01% who opt out can form a class, but it’ll be so insignificant that Chase won’t care. So of course there’s no reason for them to close accounts or require it.

Mimi
Mimi

AFAIK, any CC issuer reserves the right to close accounts in their discretion; that’s a fact. If a cardholder has several CCs with them, they can easily close a different account that is not the one listed when they opt out of arbitration. That is a sneaky way for them to close accounts indirectly by shutting down other accounts for whatever reasons known only to them. As reported by many on FT, when one card is closed, it’s just a matter of time when all the other cards are closed too.

No one knows exactly what this CC company is capable of doing regardless of what their support team says now.

Ann
Ann

New free service set up by a competing bank to make it easy to send in Chase opt-out letters: https://www.chaseoptout.com/

Back to Top ↑