Grasso v. First USA Bank

OPINION

HERLIHY, Judge.

Defendant First USA Bank has moved for summary judgment in this action challenging its proposed increase in the rate of interest on a credit card held by plaintiff, Jacqueline Grasso. She also seeks to have this dispute certified as a class action. Because the Court is granting First USA’s motion, it is unnecessary to consider Grasso’s class action request.

FACTS

First USA is a bank located in Wilmington, Delaware, that issues credit cards to customers. As part of its business, it sends solicitation letters to potential credit card customers.

In 1993, First USA sent Grasso…