Chase Bank credit card users across Canada were left stunned but happy this week after they discovered that all of their outstanding debt has been forgiven by the bank.
The U.S.-based banking company, a subsidiary of financial giant J. P. Morgan Chase, made the decision after retiring two of their Canadian credit cards—the Amazon.ca Rewards Visa and the Marriott Rewards Premier Visa. After the cards were discontinued in Canada in March 2018, Chase apparently decided that forgiving all customers’ outstanding debt would be the quickest and easiest way to take their leave from the Canadian credit card market.
