'Price protection,' just not in this case.
Dipti Choksi, Norton
AWhen these sorts of situations arise, it's often because the consumer doesn't realize that some supposedly great perk has so many exclusions that hardly anything is really covered. Sometimes, it seems that the main function of those who administer these programs is to come up with reasons to deny claims.
Many credit cards specifically exclude travel spending from what could be eligible for their so-called price protection. But such a blanket exception doesn't appear to exist in this case. And despite your extensive efforts -- including elevating your complaint and a dogged pursuit of a reasonable answer -- the company doesn't seem willing to budge.
It certainly does seem to be a stretch to consider airline miles a "negotiable instrument'' -- a term usually associated with checks, money orders, and similar items that can be converted into cash.
So I asked Chase, which has been quite helpful in the past, to look into this. When presented with these sorts of dilemmas, even when they don't agree, most companies will at least make some concession. Not in this case. And company spokesman Steve O'Halloran said that he can't discuss any specifics about a customer and declined to even explain generally how the program is supposed to work.
The result: A very unhappy customer who has been forced to spend way too much time dealing with this. Next step: File complaints with the U.S. Consumer Financial Protection Bureau, Federal Trade Commission, and perhaps the state attorney general's office, too. They have lawyers who can sort out whether calling air miles a negotiable instrument is reasonable.
Mitch Lipka is a nationally known consumer columnist and runs TheConsumerChronicle.com. He lives in Worcester. You can find him on Facebook at http://on.fb.me/MitchLipka.