Chase Identity Protection Review

January 27, 2010

Chase Identity Protection is a service for Chase cardholders only that monitors all three credit bureaus daily and includes monthly credit scores and reports from all three credit bureaus. You can see your credit score from Experian, Equifax and TransUnion and track changes to it monthly. The score provided is not your FICO score but this is the only negative of the service.

What we really like about Chase’s credit monitoring service, besides the fact that they aren’t a credit bureau, is that they give you instant online access to your credit reports and scores. No need to wait for snail mail here unless of course you want to. They also notify you automatically of any account changes in your credit file.

We also like their pricing, $11.99 a month. Chase does not use gimmicks, like “Free Credit Report”, then start charging you large sums after you free 7 day trial – a practice the credit bureaus used to do. Chase is upfront and provides you with easy cancellation by toll free phone and even if you cancel months in to the service they refund your last billed month. Now that’s treating the customer right.

Chase also includes identity theft insurance underwritten by Travelers Casualty and Surety Company of America in the amount of $100,000 which is a bit lower then most credit monitoring services. The insurance covers lost wages of up to $1000 per week, legal fees that have been pre-approved by Chase and other routine expenses, such as long distance calling fees, postage and other items related to recovering your identity.

Chase also offers assistance if an incident occurs and includes reviewing credit reports and access to well trained representatives who can help you correct inaccuracies in your credit report or fix incorrect account changes in your credit file discovered through daily monitoring. In the event of identity theft they also give you a case manager to work with who helps create a strategy on the best and most efficient ways to resolve the incident.

Chase is a well priced credit monitoring service that can be a good choice for Chase cardholders as you must be one to avail yourself of their service. Are there better credit monitoring services out there? Yes, there are. Identity Guard and TrustedID come quickly to mind and certainly offer better identity theft protection but sometimes it is better to deal with a company you are already dealing with and for Chase customers that may be there reason to fore go a few other benefits and stick with the company they are used to.

Help Protect your identity with Chase today. ***CardHolders Only