Former credit card customers of Chevy Chase Bank who had accused the thrift of charging exorbitant interest rates after it relocated to a state with no interest rate caps are getting closer to having their day in court.

The Maryland Court of Appeals, Maryland’s highest court, ruled last week that cardholders may sue $10.7 billion-asset Chevy Chase for raising interest rates after it moved its headquarters from Chevy Chase, Md., to Virginia. The appeals court reversed a lower court’s decision that had sent the dispute to arbitration.

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