this is plainly false.
VPN providers cannot see https-encrypted traffic like on chase.com
Not a good way to start off your business - with misleading claims about competitors.
Discussion
This isn't the traffic though? Many (not all) VPN providers store customer information and they know your IP and the IP you're visiting.
When you use a VPN, you merely send all your traffic through your ISP to another entity, and that entity gets to see all your traffic.
I've always assumed 95% of VPN services are 3 letter honeypots. I refuse to use.