Chase Bank forgives all credit card debt for Canadian customers

I like the last line of the article: A 24-year-old university student, she said: "It's kind of like I'm being rewarded for my irresponsibility."

Maybe I should start racking up some dept and hope this will happen here.

Pretty nice, eh?

If it sounds too good to be true, it probably is.
JP Morgan-Chase seems to find a way to avoid losing money, even when they've agreed to it..

The accounts had been closed since march 2018. That means these were probably beyond the ordinary, "pay your bill in full" users. Still surprising though. I am not surprised though they got out of the Canadian market, with its ever growing users protection policies.

I doubt it was done out of generosity. Probably cheaper for them for some reason.