Chase requires insecure passwords?

I went to change my password for my credit card the other day and found that my credit card company has some pretty silly requirements.

  •  Must contain 7-32 characters
  •  Must include at least one number and one letter
  •  Cannot include special characters (&, %, *, etc.)
  •  Cannot be the same as your User ID
  • Cannot be the same as any of the last five Passwords you’ve used 
  •  No special characters?!   Doesn’t pretty much every password selection guide tell you to use special characters? 

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