By  Updated on Thu Feb 17, 2011

New Chase Checking Fees in 2011: Chase Total Checking

Chase Checking customers may need to rethink their banking habits next year, as Chase is planning on not only consolidating a number of checking accounts, but also introduce new checking fees to help cover the losses they have endured with new federal regulations.

Starting February 5, 2011, Chase members who have one of the following checking accounts: Chase Free Extra Checking, Chase Free Classic Checking and Chase Basic Checking will be switched to their new account, the Chase Total Checking.

What Will Change

This change brings new Chase (NYSE: JPM) fees that consumers should prepare to pay if their banking habits do not meet minimums.  The biggest change is the increase in the monthly service fee which will now cost customers $12 a month ($10 for accounts in California, Oregon or Washington), a $6 dollar increase unless you:

  • Have at least one direct deposit of $500 or more made to your account.  The direct deposit must be an ACH credit, may include a payroll, pension, or government benefit payment such as Social Security.
  • OR, keep a minimum ledger balance of $1,500 or more
  • OR, have an average ledger balance of $5,000 or more in a combination of accounts that linked
  • OR, have paid other Chase checking related fees of at least $25

Previously the fee could have been avoided, when customers completed five or more transactions using their Chase Debit Card or Chase ATM Card.

For consumers who are unable to keep a daily balance of $1,500 a month, avoiding this fee may be difficult. The Social Security Administration highlights that about 7% of beneficiaries receive a monthly check of less than $500 and this number is even lower for those who collect unemployment checks (source. USA Today).  Unlike other direct deposit requirements this fee can not be avoided by grouping direct deposits, instead the $500 must come from one source.

Changes to additional banking services and fees starting February 5, 2011:

2011 Chase Checking Fees

Description New Fees Old Fees
ATM and Debit Card Fees outside of the United States $5.00 $3.00
ATM and Debit Car Fees: Non-Chase ATM $2.00 / $2.50 for accounts opened in IN, KY, TX $2.00
Statement Print Out at an ATM $1.00 N/A
Overdraft Protection Transfer Fee $12.00 $10.00
Deposit Item Returned $12.00 $10.00
Stop Payment $34.00 $32.00
Stop Payment via. chase.com $27.00 $25.00
Wire Transfer - Domestic Outgoing $30.00 $25.00
Wire Transfer - Domestic Outgoing via chase.com $25.00 $20.00
Counter Check $2.00 N/A

How do you feel about these new Chase fees?  Will you be staying with Chase in the New Year or will this increase cause you to look for a new checking account?

Related

In the Article

 

Post a Comment

  • No thank you.

    I left Chase because of this slap to the face. I am having trouble enough with money, I don’t need more fees for something that was free. I have banked with chase while it was still Wamu on the west coast. These fees will not solve their problems, it will lose them customers.

    • Soulvow

      I STARTED MY CHECKING ACCOUNT WITH WAMU IN 1989 GUARANTEED FREE CHECKING FOR LIFE. WELL SINCE THINGS CHANGED TO CHASE CUSTOMER SERVICE HAS DROPPED FEE’S FOR SAVINGS AND CHECKING HAVE CHANGED. USED TO HAVE NO FREE SAVINGS WITH AUTO TRANSFER OF 25.00 OR MORE A MONTH, BUT STOPPED THAT PRACTICE SAYING IT WAS COSTING THEM MONEY SO HAD TO CLOSE THE SAVINGS ACCOUNT. JUST NOTICED NOW THAT A YEAR HAS GONE BY THEY NOW BROUGHT THAT BACK. FOR HOW LONG THOUGH?? THEY ALSO TOLD ME A YEAR AGO THEY WERE GRANDFATHERING IN THE CLASSIC FREE CHECKING AND THEY DIDNT PLAY TO EVER CHARGE A FEE TO THOSE PEOPLE WHO HAD THAT ACCOUNT, NOW A SLAP IN THE FACE THEY ARE NOW CHARGING 12.00 OR FOR ME 10.00 BECAUSE I LIVE IN WASHINGTON. HAD MY HOME LOAN THROUGH THEM BUT THEY SOLD IT. SEEMS THEY DONT WANT BUSINESS FROM PEOPLE LIKE ME. MADE ME CLOSE THE SAVINGS TO AVOID FEE’S SOLD MY HOME LOAN, AND NOW FORCING ME TO CLOSE MY SAVINGS TO AVOID THE FEE. I AM GOING TO CAPITAL ONE ONLINE BANKING SINCE 98% OF MY BANKING IS ONLINE, ITS FREE, WITH A 1.24 PERCENT INTEREST RATE NO MINIMUM BALANCE. I JUST HOPE THEY DONT START CHARGING FEE’S?? SEEMS MOST ONLINE ACCOUNTS EVEN FROM THE BANKS THAT HAVE FEE’S WAVE FEE’S IF ALL BANKING IS DONE ONLINE AND DEPOSITS MADE VIA ATM OR ONLINE BANK TRANSFERS FROM ANOTHER ACCOUNT. SEEMS ALLOT MORE BANKS OFFER FREE SAVINGS WITH A NO MINIMUM OR LOW 300.00 OR LESS MINIMUM TO AVOID THE FEE’S. 1500.00 IS WAY TO HIGH FOR MOST AVERAGE PEOPLE TO MAINTAIN.

      • SPARKLE PLNTY

        BOYCOTT THEM THEN!!!

      • http://www.cavemanradio.com Cwbork44

        Wamu went out of business because they did everything for free…NO BUSINESS can succeed if they offer their services for free.

        NEWSFLASH: Banks are a for-profit indusrty! Do you work for free?

        • Lugnut

          NEWSFLASH: Banks make money with my, and everyone Else’s money! Do you think that money just sits there collecting dust? How much do you think you could make investing 1 billion dollars?

        • Loemer34

          It is so sad how poeple like you are so clueless about banks. Read educate yourself and then give your opinion.

          • Lugnut

            “A bank is: an institution that deals in money and its substitutes and provides other financial services. Banks accept deposits and make loans and derive a profit from the difference in the interest rates paid and charged, respectively.” Based on that quote, how am I clueless? Banks make most of their money from the interest charged on the loans they sell. Without “OUR” money, where would they get that money from? In essence, they are making money with the money we deposit into their collective pool of assets. When I said: “How much do you think you could make investing 1 billion dollars?”, I apologize for not breaking down all the pertinent details of this process. With the economy and housing market the way it is, the banks are looking for alternate ways to maintain/increase their profits. NOW “Read educate” yourself and give your opinion.

          • Banker

            This is false….people that do not have money visit a bank for money…and maybe dont pay it back…that is called risk for the bank…banks take on 100% risk of loss to have return….payin on depostis is called interest…paying interest to people is a LOSS to the bank….so for loans (risk) and deposits (no risk to people)….Pinching the ratio of loan to interest is where money can be made…but with due cause….remember 100% percent risk for loss…..everyone needs education on this…..bottom line….pay your dues….or do not borrow….I work for a small bank that does not nickel and dime people like chase does….but all these things out there that are FREE for people such as internet banking…cost the bank a LOT of money…..educate yourself…

          • Lugnut

            Banker, you’re a Moron. “people that do not have money visit a bank for money”. That is the most asinine statement I’ve seen in front of my face. My first bank account was opened in 1987, I got my first loan from a bank in 2003. Do you know the ratio of people who stash their money in a bank compared to the ones that are asking for a loan? You’re obviously not a banker, if you are, maybe some classes are in order. We know how the loan process works, but thanks for boring us with that. I just hope in the last two years you have ACTUALLY learned how banks make money with our assets. If you haven’t, and still have this obscured opinion, there is no hope for you. By the way, how come all these institutions that offer free checking, savings, etc. are still in business? Makes one wonder doesn’t it?

          • Lugnut

            I retract my reply to you Loemer34, I misread that your reply was to Cwbork44. I do apologize.

        • E.M.

          Actually, WAMU went out of business because of risky borrowing. It had absolutely nothing to do with their many free checking accounts. On the contrary, attracting many consumers gave them more money to lend.

          • E.M.

            I meant to say risky lending.

        • Jeff Scharfenberg

          Um hello? I worked in the banking industry for years, they use your capital to play the market.  Wouldn’t you like a few million to make a % off and keep that money made from the market and return the investment?  Free gambling on the clients money!  Free!  Free my foot!!!

      • http://pulse.yahoo.com/_ABL7DH2LSKY3XZTP4COLNEJ5FM Freedom Isnt free

        You don’t put apostrophies in plural words! FEES!

      • Sweething01

        Everyone, Needs to SERIOUSLY LOOK AT ACCOUNT NOW.COM AMD NETSPEND.COM. I HAVE BOTH** NETSPEND FOR MY CHILDS , CHILD SUPPORT AND ACCOUNT NOW FOR MY PAYROLL, THEY ONLY CHARGE $9.95 A MONTH AND U CAN HAVE NOTHING IN YOUR ACCOUNT AND/OR UP TO $10,000 IN YOUR ACCOUNT. SO CHECK THEMOUT BEFORE ALL THESE BANK TAKE THE THE WORKING MAN’S $$$$

    • mj23way

      I couldn’t agree more

    • mira82

      couldn’t agree more with you…

  • yolanda

    ditto. out with the old and in with the new! screw this!

  • Danny

    I’m with these two! Why the heck do I now get charged $10 per month for something that has been free to me for the last 12 years!?!?

    • rj

      because it is no longer wamu. chase is a completely different financial institution. and free checking and free everything for life is the reason why wamu is no longer in business.

      • http://www.mybanktracker.com/ MyBankTracker.com

        Hey rj –

        It is interesting to read your comment as most of our readers have expressed their disapproval with this change, but I believe you are the first to highlight the fact that WAMU is no longer around because they got themselves in trouble and had to be bought out.

        We do want to make sure that our readers know that the main reason why WAMU failed was because of their involvement in subprime mortgages and not just because they were offering free checking.

        • TomZ_Am

          Thank you. The things Wamu was offering for free didn’t cost them a dime and has nothing to do with them being bought out.

      • kb

        Community credit unions are going to go out of business because they offer free checking, right rj? Idi-ass!

  • James

    I have been with Chase since Bank One….I’ve tolerated all of the little things they’ve done…but they’ve given me the excuse to move….and they may have lost a customer for life. It’s bad enough that they give us no interest on the money that they hold for us, but to try to charge us a fee for it while using pathetic conditions (for a fee free account) to try and further bolster their bottom line that they squandered making bad investment decisions. Sorry, but no thanks.

  • Gabeychamp

    I used to have a credit card with Chase, one day I got a letter from them telling me they closed my account do to inactivity. Sorry I wasn’t charging stuff all the time, but I feel that credit cards are for unexpected expenses not daily desires beyond budget. I was a WaMu ‘free checking’ customer and then by default became a Chase customer. This new policy is likely the last time I will ever deal with Chase. Wells Fargo here I come.

    • Tulumstargirl

      Moved out so fast and went to Suntrust….Chase is getting greedy beyond. Now they are charging to withdraw at the ATM! Wish they lose customers by the millions for yet another greed based move !

  • Jaasson

    Bank of America offers a “free” account called eBanking. It’s completely free as long as you do your banking online and through an ATM. So as long as you deposit money at the ATM instead of a teller, and use the live Chat help that is almost always available, you’ll never be charged a fee with Bank of America. However, if you use a teller just one time in a month, it’s an $8.95 fee.

    Since I do everything online and at the ATM, this has been the best solution for me!

    • http://www.mybanktracker.com/ MyBankTracker.com

      Bank of America’s approach is an interesting one. They seem to be pushing more and more consumers to use their online banking service. In 2011 they will even begin applying tracking numbers to any conversations you have with reps, so you can easily reference conversations with other reps or see where your request is in being resolved.

      Much like you would when speaking with a purely online company i.e. zappos.com or amazon.com.

  • michael l

    Typical media over exaggerating……I really see this as nothing special for most people. Wells Fargo and Bank of America did this and no one cared. Almost everyone I know has direct deposit and at least one that is over $500. Shoot most companies “force” you into direct deposit. Even if you do not have direct deposit as long as you use your debit card 5 times a month..then no fee. This article seems to have misinformation on that part. Only people I see impacted are those that do not use the account at all.
    Sure there is banks and credit unions that do not have these requirements but there is a trade off. For the most part they lack in locations. Chase has a bank on every other street corner here in Phoenix. Not switching anytime soon. For checking they meet my needs. Now savings that is another story…I recommend ING Direct.

    • Jesse

      Unfortunately, the information in this article is not misinformation. It is true and accurate. Usage of your debit card for purchases 5 times a month no longer exempts you from these fees. This is not exaggeration by the media. This is an exactly correct representation of the letter I just 3 minutes ago finally got around to reading. I don’t know what I’ll do yet, but I’m sure not happy about this. I’m fresh out of college and not making much money. Additionally, I get paid weekly – not every other week like most people – so I could be making more than some people but because I have weekly checks they do not meet the requirements of $500 in a single ACH direct deposit. I don’t even want to think about this anymore right now….

    • mira82

      not true about the use debit card five times to avoid service fee not true anymore with the new changes and my work wont do direct deposits cuz its too costly for our small company so i’m being forced to switch banks

    • Heather

      I get paid weekly, not bi-weekly and during slower times of the year, I cannot be sure that my electronic check after taxes and benefits will always be over $500. I’m glad the article mentioned those on social security and those who receive government benefits (and freelancers!) as well because I believe those customers will be most affected. The new rules and fees do not fit my banking needs and as I see it, I’ll find a bank that does. I also have more than one checking account (this helps me greatly with budgeting) and it would not be possible for me to have two accounts that both meet $500 direct deposit minimums.

      I’m also very unhappy with the customer service I have received from Chase in the past year. I don’t often go to branch locations as I do most of my banking online or through ATM, but when I have gone in (at various locations in NYC) I have found their “banking specialists” to be indifferent. They pretty much do the least they can for you as quickly as they can. I’ve had a specialist make a unwelcomed remark on the fact that I have two checking accounts (it’s my money, I’ll do what I want with it, and I don’t see how having two accounts is uncommon). I’ve left messages for branch managers and have not been called back. I went to a branch a few days ago asking about the new fees and to try to come up with a solution to avoiding these fees (the woman said they gave old Wamu customers a courtesy of 2 years, I think it’s hilarious her approach was that they were doing me a favor for the last 2 years). I told her that the new policies don’t fit my needs and that I’ll be looking elsewhere. She didn’t care that she was losing a customer. For all these fees they’re charging their customer service shouldn’t be so bad.

    • Think

      I have several accounts with them, but no direct deposit. My average daily balance fluctuates, as I have a very small business account (yes, they’ve gone after us too.) I have a joint account with my college student daughter, and they will also charge a fee for that. (she also has her own college account that will remain free.) If they don’t allow me to link all my accounts together to reach the magic 5,000 mark, I will take my accounts and run.

      There is no debit card credit.

  • D.

    Which “new Federal regulations?” Passing the buck (sorry, I know that’s a trite turn of phrase here) and dumping all the blame for their greed on “the government” just seems to be the easy answer for everybody who wants to screw anybody else fiscally nowadays. The only thing I don’t understand about people’s outrage over this is why there’s so little of it. People in this country get so overly excited about any opportunity to feign outrage, but when something truly impacts them directly, it’s never a big deal.

    At the risk of sounding like a typical “blame the victim” d-bag, the masses sure are “asking for it” every time the machine kicks them in their collective teeth.

  • D.

    (Followup before obvious responses, which will be obvious.)

    I know that the answer to my aforementioned question is, on paper, the Dodd-Frank Wall Street Reform and Consumer Protection Act. What I’m specifically referring to in the previous comment is the fact that there isn’t much of anything in that act that makes free checking accounts a liability for banks. They will say that, and they will spend a great deal of PR and advertising money distributing the propaganda to that point, but the actual math does not support that claim. Fact is, this is part of an orchestrated attempt across the personal banking industry to punish the lowest-income customers while blaming the government’s protection of those very consumers.

    Why? Simple: in order to urge those customers to demand from their government representatives a repeal of this act, so they can go back to screwing over the little guy. Evidently, it isn’t enough that most of the government staffers who actually drafted this act were already poached by the banks to engineer new, creative ways to circumvent all of those laws anyway. Their message is clear: pick which direction you’d like to be screwed over from, and we will gladly take aim.

  • Tigress

    I changed my banking accounts. I could leave 1500 dollars in their no interest checking account or put 5000 of mine in one of their savings accounts. Or, I could leave the bulk of my money in my credit union account and get more interest and not be charged 10 dollars and find another bank.

    I only kept them cause they had better banking hours (and I was starting to like the iphone app). State Farm has an iphone app that allows me to deposit through the phone so I don’t even lose the one thing I liked about Chase. The banker I talked to when I closed my account said htis was supposed to encourage people to put all their money into Chase. What?! No, you can’t punish me for not putting enough in when I can easily find a bank that gives me more interest. You’ll just lose what business you had with me (and probably everyone else who either can’t meet their conditions or have smarter places to put their money). Hope it was worth it.

  • TheyLiedToMe

    The Chase customer service person I called just now actually told me that the federal government laws put into effect recently (the Dodd-Frank Wall Street Reform and Consumer Protection Act) actually requires Chase to charge these fees and rename my “Free Checking” account to “Total Checking” instead. A bald-face lie. I originally had a “Free Checking For Life” account from Great Western in California…I miss the smaller banks now. Now that Chase bought WaMu who bought … who bought Great Western, etc., the customer’s agreements with the original business have been thrown out the window. Back to the credit union for my checking account needs, or IngDirect which gives a good rate on a savings account also has eChecking which has more ATM’s than Chase anyway…they are in gas stations and convenience stores, etc., so there are more of them close to where I live than Chase ATM’s. As the lady said in The Princess Bride….liar! liar!

  • ami

    INSTANTLY closed my checking account upon receipt of the new $10 monthly BULLCRAP! Chase has made it clear they are only interest in retaining WEALTHY clients. Middle and working class people cannont/will not maintain these minimum balances – especially in this economy. Only goes to show you that when they “lose” money out of bad debt, foreclosures, etc…they will find a way. Ha! They get a BAILOUT – yours and my tax dollars that is – and they are still poor-mouthing!

  • Kenton

    Between myself, my wife and college children, we have 7 accounts of various types with Chase. We have always banked at the comfortable little branch down the street – first built by (the very customer friendly) Home Savings, then bought out by WaMu (okay). Now Chase, with their glitzey east coast (very uncomfortable) persona has “asked” us to move on. We are not the customer they want anymore.

  • bscurry

    I agree with all of the above. I was very happy with WAMU and have been increasingly dispoointed whith Chase. I find the non-Chase ATM fee to be the biggest bunch of bull I have ever heard. And now they are increasing that fee. Every time I call there hotline with a complaint or question, I am told that it is standard procedure. It seems that there standard procedure changes each day. I will also be going to a diffrent bank. I can’t beleive that they think they will draw more customers with higher fees, it hust seems dumb.

  • Joe

    of course everyone here loved wamu…IT WAS 100% FREE…stop bitching about Chase, All of the banks are going to change their account structure and you will all come back crying and begging to reopen your accounts at Chase as soon as you realize this is a bank wide change and not just CHASE, at least with Chase you have the convenience and the customer service aspects, I advise all of you to look very closely at your accounts at other banks before you attack unwittingly.

    • mj23way

      there are so many other options, YOU should take a look also. Just some advice.

    • Lugnut

      Hi Joe the Chase employee.  I switched to a local Credit Union a year ago and couldn’t be happier.  They don’t have investors to impress with outrageous profit margins, and the customer service B L O W S away the inadequate service I received at Chase.  I highly doubt that anyone that left ,your beloved Chase, will be coming back.  As you instructed, I looked very closely at my accounts: free free free and free.  I actually have way more flexibility with ALL my accounts than I every did with your beloved Chase.  Before you so blindly spew all your mindless drivel, read and think about your future post, I think you will find the material sub-par at best.  “Chase” is a great name for your favorite financial institution, they are experts at chasing away their customers.  02/10/12

  • Nat

    What about if I am just working a little bit part time. And have even $100 on my check. And I would need gas a car. To buy also for me something. What they are going charge me nothing?? Also, I have recently graduate from the sschool. And I am looking for a job very hardly now. Of course when I will find a job I will be able to keep $500. But not right now while I am barely working. They are going to charge my money for all my hard work??? No!!!

  • http://twitter.com/ADRicci Andrew Ricci

    I make about 4 grand a month but its through a small business my family and I own; we’re so small that there hasn’t been any need for us to contract our paychecks out to ADP or PAYCHEX or the like; as such I never have had or will have direct deposit; I kept my old WaMu account out of a strange sort of sentimentality and indeed I have been mainly a BECU customer since they opened up to all WA residents a few years back, but I plan to move to BECU full time now simply put this is bullshit.

  • GET OVER IT!!!!!

    “I make about 4 grand a month but its through a small business my family and I own; we’re so small that there hasn’t been any need for us to contract our paychecks out to ADP or PAYCHEX or the like; as such I never have had or will have direct deposit; I kept my old WaMu account out of a strange sort of sentimentality and indeed I have been mainly a BECU customer since they opened up to all WA residents a few years back, but I plan to move to BECU full time now simply put this is bullshit.”

    Really all you have to do is open a business account with CHASE and you will get your personal accounts free. I wonder why people are so concerned about $10.00 when most people pay $29.00 to get data on their phone. $3.00 for their starbucks. You pay for convenience, thats all it is, if you want to bank online, bank on your phone, have accses to the branches and pay bill on the go, $2.50/ week are not that much! get over it

    • JB

      Get over it? I’m a single mother of 3 kids. I hardly make enough every month & to charge me $120 a year for “convenience” is dumb! SOME of us dont spend money on starbucks or phone data. SOME of us actually dont make enough to meet what they are asking & that SOME is the lower class. So NO I WONT GET OVER IT! I will take my small income to another bank & keep my $120 to use on bills & my kids!

    • Jesse

      Opening a business account does not get you personal accounts for free.

  • Jason

    Add me to the list… I’m going to my local credit union. A LOT of people are jumpin ship.

    • http://www.mybanktracker.com/ MyBankTracker.com

      If you make the move to a credit union, please share which one you decided to partner with.

  • taking my money elsewhere

    i have (soon will be “had”) about 5-10 thousand in various chase checking accounts but we have a number of them for various purposes. some don’t meet the requirements to not have a fee imposed so i will take the 6 thousand i currently have with them and just move it down the street somewhere. they don’t want my money. oh by the way, didnt we bail wamu our as taxpayers?

  • fedup with Chase!!!!!

    I have been a client for more than 14 years; and have been unemployed for the past 12 months.
    I already had to cancel my savings account because I wasn’t able to always keep the minimum amount required, and was bombarded with fees. Now this!!!!! I am going to school on a worker retraining program ;and will be unemployed for at least another year, until I graduate. Chase is telling me, to go away. For people like me, an extra $10 a month, just to keep a checking account, is a lot to deal with. For the people that are saying that we are complaining for nothing, come live a day on my shoes!!!!

  • tsmos

    I have one personal and two business checking accounts with Chase (formerly with WaMu). Today I received the announcement that the business accounts are also changing, so I asked at my branch. I was told by Chase representative that not only that the reason is “new federal regulations” but that those ‘new federal regulations” apply to all the banks, and that all the banks are raising and / or imposing the same new fees. Yeah, right. Bye ~ ~

  • Mj23way

    I’ve had First Chicago/Bank One/Chase all my life and I will be dropping Chase like a bad habit when these changes take effect in February 2011. I found out there are so many other BETTER basic checking accounts and companies than Chase. Although Chase is everywhere in Chicagoland I’d rather not be screwed out of my money from stupid fees. First we bail the banks out, the govt gives them money, then the laws change to protect us so the banks change and raise their fees. We’ll see what happens. I urge EVERYONE to drop Chase if they can.

  • Sayrock

    Just came from On Point Credit Union. As soon as all my records have been set straight with auto-deposits, and bill paying debits, etc., I’m pulling the plug on my Chase accounts .. personal checking, business checking, and savings. And because of my balances, I’d actually avoid the fees. I’m doing this on principle alone!

    Enough!

  • Dave

    In November they launched a add campaign promising no fees if you did five transactions a month. Can the Attorney General say Bait n’ Switch!

  • Djs

    My credit score just went up and they raised my interested rate on my card, no this!…. Bye Bye Chase may you crash and burn in Hell!

  • Dave

    I think you have to check with your local Chase, since regulations vary between states. For example, in California, you can avoid fees with 5 ATM uses, but not with a 1500 minimum balance. What gives?

  • http://www.facebook.com/robfwtx Robert Brown

    For now, BusinessClassic Checking still has the 5 debit card transactions a month to avoid fees. With that and a personal checking/savings account, you can move to Premier Accounts. With the bundle linked together, you completely avoid these changes and still benefit from the same perks WAMU had with the addition of a safety deposit box free. Now if they do away with this, I’ll be moving my account to Capital One.

  • mike

    What do you not understand about Banks are a BUSINESS not a charity?! Bank of America has the exact same policy with their checking accounts as Chase, direct deposit or $1500 minimum balance. Get it through your head, ther is no more WAMU and no more free. WaMu tactic was to get you a “free” checking and make money off excessive fees such as overdrafts. In case you were not aware, the Dodd-Frank legislatation has a 12-cents-per-transaction cap on debit card transactions , which is 80% less than banks were receiving. Its called cause and effect, it is the precise reason why there is no more free checking, When congress and the government goes after the banks and there are strict rules put on the them, those who suffer are the consumer not the banks.
    Read the article below and you will have a balanced perspective on this issue.
    http://online.wsj.com/article/SB10001424052748704073804576023514056278814.html?ru=yahoo&mod=yahoo_hs

  • James R

    I have three long-standing accounts that I will be moving to another bank before the fees begin! There is no sense paying for services that are free elsewhere.

    And who winds up paying these fees? Those who can LEAST afford it: the ones who do not have “enough” money in their accounts. (how backward is that?!)

  • James R

    I have three long-standing accounts that I will be moving to another bank before the fees begin! There is no sense paying for services that are free elsewhere.

    And who winds up paying these fees? Those who can LEAST afford it: the ones who do not have “enough” money in their accounts. (how backward is that?!)

  • Amv27

    i have to move all my accounts and adive the same to my family

  • James R

    I have three long-standing accounts that I will be moving to another bank before the fees begin! There is no sense paying for services that are free elsewhere.

    And who winds up paying these fees? Those who can LEAST afford it: the ones who do not have “enough” money in their accounts. (how backward is that?!)

  • debbie

    I Originally had my 4 checking accounts with WAMU then Chase bought them out,now I have the Free checking accounts with chase for as long as that last. But if Chase , changes that and adds fees too my accounts and BREAKS ITS WORD OF “NO FEES” then we will be CLOSING our accounts with CHASE , and finding another Bank. Because when Chase took over Wamu they promise no fees and free checking accounts and now they start this crap of new fees and garbage. Wtf, they already control the EBT and other stuff they still need to charge more fees and get more money. This is unfair. Chase CANNOT KEEP THEIR WORD.

  • Hazimx

    Good bye Chase hello Bank of the West.

  • Nope

    I cant maintain Chase’s required min. balance at this time. I am searching for a new bank with no fees or min. balance in GA. I’ll be gone by the middle of January.

  • WTF

    Well…i get paid weekly, so my direct deposits are about $10 short of $500! Time to get a new bank ASAP! Who is going to pay a fee when there are so many more options out there..esp when the terms of them initially choosing said bank have been altered so drastically. I MISS WAMU!

  • YEAH

    Guess enough people didnt opt in to that Overdraft Protection they hounded us about us. I just find it funny that all the stipulations are blatantly aimed at poorer working class Americans trying to make ends meet in a recession. (sarcastic comment) I’m so happy they got bailed out!

  • Jasenas

    My sister, who also has a Chase account, told me about these new fees. When she asked why there were new fees the teller told her that it was because of new government regulations. This response is less than truthful and does not demonstrate the kind of values I would hope my bank would embrace. I think I’ll take my money elsewhere, thank you.

  • Ragamuffinaba

    If says Chase’s old fee for overdraft was 10.00 they have been charging me $34.00 per overdraft – what gives here???

  • Rwvandiest

    I just cancelled all my accounts with Chase. The interest rate on my Chase Credit cars were twice as high as my two other cards and now this?. The fees you list are not the only ones. I believe these are only the ones they increased. There are about another half a dozen fees such as a 3%charge if you use your card abroad, where other banks may charge 1%, or nothing.

    I deal with three banks and put all there fees in a spread sheet. Chase is the most expensive one; sometimes 200% higher.

    I just put a letter in the mail to Jamie Dimon to go F himself.

  • Fed Up

    I’m going to close all my accounts with Chase. Screw them! Time for bank competition people.

  • Lca474

    Isn’t it the Governments responsibility to protects its people and its consumer? I feel abandon by my government.

    Here is my story. I just received a noticed by my Bank (JP Morgan Chase) that there will be changes to my checking account. I was a former Washington Mutual customer before they were taken over by Chase. When I was a customer of Washington Mutual they only required a $300 deposit in my savings account to avoid any fees related to my account. As a chase customer I was assured that I would continue my free checking account . Less than a year later they are now requiring me to meet certain requirement to avoid a monthly fee. 1. Have at least 2 direct deposit’s of at least $500 a month. Unfortunately my payroll company (Entertainment Partners) only allows direct deposit to First Entertainment Credit Union which I am not member. So option number 1 is not a option for me. 2. I must maintain a minimum average daily balance of $1500. This is 5 times the amount required by my former bank. 3. Maintain a minimum balance of $5000 in checking savings and/or investment account. That’s absurd. 4. Pay at least $25 in monthly fees to the bank. Even more absurd.

    The reason I’m ANGRY is that Chase was given a substantial amount of tax payers dollar (My money that I work a 12 hour days/5 to 6 days a week for) to help stay in business and start loaning money again. What did they do with this MONEY? I saw them purchase huge bank (Washington Mutual) after the financial crisis. They renovated every newly acquired Washington Mutual by adding new ATM’s, new flat screen monitors, new computer, new signs, Hardwood floors and so much more. How much did they spend on all of this? I don’t know, but to be given our money (tax payers) to acquire and renovate when they were supposedly hurting financially sounds like BS to me. What do you think? There was no reason to renovate like they did.

    One reason they are changing my agreement is because of the Dodd/Frank Bill passed this year. This requires Chase to have substantial amount of deposits in order for they to leverage themselves to make more money. Isn’t Chase and other financial intuitions receiving almost free money from the Fed? They take that 0 % interest money and make more money. Should I be able to get a loan from the fed and nearly 0% interest and invest that? Your answer should be No. That’s absolutely the correct answer. Since they are receiving money from the Fed and taxpayers I should not be required to maintain a minimum balance of 5 times what I had under my former bank. Do you really think that maintaining this amount is good for the American people. There is 9.6 % unemployment. How can Americans who live pay check to pay check(or Unemployed) to put food on the table for their family maintain these requirements. I suggest you discuss this with your Colleagues to see if there can be resolution to this.

    Living in a capitalist society I know I have other alternatives. The process of setting up a new account somewhere when all of my information goes through chase is a hassle. I would have to change every online account that I have. I just wanted to let you know how your action as our legislative body has affected the guy who is trying to live the American dream. I hope you begin to read the legislation before you vote on them. I hope this letter lets you know what the average American is going through because of your action and the others in the legislative body.

    PS. I live in California. I pay 10 % city Utility tax on my phone (another 2% when I purchased a new phone), electric, and gas bills each and every month. I pay a sales tax of 9.75% I pay state income tax. I pay federal Income tax. There are some many other fees that I may have to pay or will pay in the near future. Here in Los Angeles I have every government entity digging in my pocket for more and more money. This needs to stop. I wish I could work less and enjoy life but with everybody digging into my wallet I cannot.

    • http://www.mybanktracker.com Alex Matjanec

      Hi Lca474, thanks for sharing!

  • Chowell711

    I have also had this account it was WAMU. There are so many other options that I can go to instead of paying a $144.00 a year for a checking account. Do the math.

  • Jcqlntorres

    Hello People, All banks are a business in life we have to pay for services, food is not free, PG&E is not free, nothing in life is FREE it all has a cost! And there are ways to get a free account as long as your using your account. You need to think back to old school banking we paid for everything. Seems like noone has walked into a Chase and talked with a Personal Banker to know whats really going on with banking. Stop lissing to hear say and talk to people who really know whats going on.

  • Sean

    I transferred all my savings funds online into my checking and went down to Chase branch to close it off. They said they couldnt close it since the transaction went thru online today and i have to wait. Even though it was online and my balance in checking was available for withdrawal.That just irritated me more !!!

    Would you believe there was a line of people wanting to close. Each one of them went up to teller and then they were directed to take seat to see consultant. And each consultant basically reiterated the $1500 amount to be kept as balance and no fee will be charged!

    One of the things that really ticked me off was no more free travellers checks as well with my checking unless i have certain balance in my checking !!!!

    To hell with Chase, i am going to Wells Fargo or a credit union !!

  • Jason

    I transferred all my savings funds online into my checking and went down to Chase branch to close it off. They said they couldnt close it since the transaction went thru online today and i have to wait. Even though it was online and my balance in checking was available for withdrawal.That just irritated me more !!!

    Would you believe there was a line of people wanting to close. Each one of them went up to teller and then they were directed to take seat to see consultant. And each consultant basically reiterated the $1500 amount to be kept as balance and no fee will be charged!

    One of the things that really ticked me off was no more free travellers checks as well with my checking unless i have certain balance in my checking !!!!

    To hell with Chase, i am going to Wells Fargo or a credit union !!

  • maria

    i will be moving to a better bank

  • Anonymous

    I’ve left. I’m also a former WaMu customer and feel no loyalty toward Chase. This was one step too far to keep me with them. My only fear is that this fee idea will spread now to all the other banks.

  • Greg Gorgeous

    I closed my Chase Account Today!!!! I will not miss te ‘East Coast Stuffy Atmosphere’ which replaced WAMU in Foster City, CA. I have opened up accounts with US Bank and when you enter the bank your greeted and given the red carpet treatment. No needless monthly fees ($10.00 per month) for a checking account. I also received a hand written thank you card from the Foster City branch manager, Holly… what a BABE!!! As a merchant, I was also invited by US Bank to leave broshures and business cards to promote my business. Holly guaranteed me that they would not start adding fees and US Bank realizes that we are all experiencing tough financial times and now is not the time to start stick fees to their customers. Now let’s pressure the politicians to start that DEBT Clock in Reverse.

  • E Bailey

    I will definitely be closing my chase account after I serve my 6 months to qualify for keeping the $150 they ‘gave’ me to open it.

    • http://www.mybanktracker.com Alex Matjanec

      Interesting direction E Bailey. I wonder how many other consumers are going to close their Chase account due to these fees, but are waiting till after they earn the promo cash bonus.

  • Flyby4t

    It is not just Chase, EVERY bank will do this in 2011. Look up the other banks on this site and you will see the exact same thing happening. Careful changing to a different bank because you are unhappy with Chase. The other bank will get you too. What you need to focus on is what bank gives you the most benefit and free services for the fees charged.

  • Flyby4t

    There is an increase in online only banks which may solve problems for those who are very tight on money. Look at several of them and choose the best one, whether online or not.

  • Jthun3

    My wife and I had a total of seven accounts with Chase (checking, savings, and business), none of which would have met their requirements. I already knocked three out that I wasn’t using very much, I am going to close the rest out today. While I haven’t had any personal issues with Chase per se, these new fees have only been the final kick in the pants for me to get out of there and move my money to a local credit union. They can do pretty much everything Chase can do (including online and phone banking, etc) and I feel better supporting a credit union in my local community than who-knows-what these big bank financial guys are doing.

  • Hate Chase

    I would like to post this to my FB, but will not because you are asking to access my info.

    • http://www.mybanktracker.com Alex Matjanec

      Sorry for the system asking for system to connect to your info, that is how FB (facebook?) works. You could always cut and paste the URL into your wall.

  • Malaroun

    It actually is a business ploy by chase to have customers with little or no money leave them. These accounts actually cost the banks money to maintain but they were tolerated cause banks made billions in overdraft fees from these accounts. Now that option is gone from them they have no use of the acccounts. So $12 a month closes the account and they now save on the maintain cost of your account.

  • Patricia

    I just opened my account about 4 months ago. I have one thing to say, bye!

  • To hell with Chase

    Greedy bastards! The system is literally fucked up!

  • Cwbork44

    The 5 debit card purchases still exempts Chase Checking accounts that were previously opened…pay attention.

  • Lugnut

    I understand some of the cost associated with operating a bank account, which has decreased in the past decade due to automation, but come on. $1500 is a huge ledger amount to have to maintain, especially now. I work for a small company, so direct deposit is out of the question. $5000 combined account amounts, not many hard working families have that just lying around. I have been with these three institutions (Great Western, WAMU, and now Chase) for the last 15 years. I have always had a free checking account, and figured it was a good trade-off, I let them invest, and make money, with my capital and I get a free checking account. These new fees are mostly attributed with the new Federal guidelines, supposedly to protect consumers. Hey, this administration has to pay for all that free money some how, thanks again Obummer! I think I’ll be switching banks now.

    • http://www.mybanktracker.com Alex Matjanec

      Lugnut, I think your right that the $1500 can be hard to keep, and it’s to bad that after 15 years you now have to change your banking habits again to avoid specific monthly fees. Have you decided if you will stay or change banks?

      • Lugnut

        I know it’s been a while Alex, people are still commenting on this story. The week following my comment above, I closed all three of my Chase accounts. I went with a local Credit Union, I wish I would have done that years prior. I like that system of banking better, we are members not numbers. I am charged zero fees, I have no requirements to justify the no fee policy, and their online banking is some of the best I’ve seen in a while. The Banking Industry and the Federal Government are to closely related for my taste. It’s funny how when the new Fed. Regs that were implemented a few years ago, the big banks calculated how much they were going to lose without those penalty charges. They panicked and had emergency meetings to come up with a solution to keep their investors and stock holders happy. And the re-birth of checking fees (and many others) occurred, they lost a lot of customers in the process.

  • Dabeabe

    I have closed all of my personal and business Chase accounts in January 2011. Chase chased me out. I have been with the bank since it was Bank One in the Chicagoland area. Take a look around; there are many alternative banks that do not impose these ridiculous fees yet have been around for decades and continue to serve the local & national market.

    • http://www.mybanktracker.com Alex Matjanec

      Hey Dabeabe, I am interested to know which bank you ended up partnering with.

  • DisgruntledChaseCustomer

    I just closed my account with Chase… goodbye

  • Les

    I take the $15 charge I just noticed on my small business checking account to be an invitation to take my business elsewhere. That includes my other two checking accounts and two credit cards. I’ve been with this bank from Home Savings to WAMU to Chase.

  • Mattandaileen

    I will be closing my Chase account.

  • Ihatechase

    Chase sucks! I already switched to Ally bank. Their fee’s are ridiculous…Also overdraft is $34 not $12!

  • Joy

    This is Ridiculous! What about COLLEGE STUDENTS!?

  • Mad

    Chase better have an alternative for College students. $1,500 in checking is unrealistic for students.

    • http://www.mybanktracker.com Alex Matjanec

      Chase does have a Student Checking account that has different requirements depending if you are a High School or College Student:

      High School Checking
      Minimum Deposit to Open: $25
      No Monthly Service Fee
      With a qualifying linked parent/guardian10 checking account;
      OR, with monthly direct deposit
      Otherwise a $6 monthly Service Fee

      College Checking
      Minimum Deposit to Open: $25
      No Monthly Service Fee
      If enrolled in college for up to five years;
      OR, with monthly direct deposit
      Otherwise a $6 monthly Service Fee

  • Mad

    Sticking to my Credit Union. I don’t care if my credit score will sink a bit by closing my chase account. Try to make money off of fewer and fewer members Chase.

  • Paul

    I’ve always been charged $35 for overdrafts, so I want to know why, if, according to this it should have only been $10.

    • http://www.mybanktracker.com Simon Zhen

      That’s a small mistake on our part. Chase currently charges a $34 overdraft fee per item or withdrawal request (up to 3 per day).

      The $12 fee (formerly $10) applies to the Overdraft Protection program where customers can link their Chase checking account to a Chase credit card, savings account or HELOC to cover the overdraft. This fee applies for every instance the a transfer is required to cover an overdraft.

  • Latinoeddie

    I THINK IT STINKS!!!!! I SAY JUST GO TO ANOTHER BANK AND TELL CHASE TO GO TO H__L!

  • ExChaser

    Closing my accounts for sure. I have 3 checking accts, 1 joint acct., 2 small personal accts. for me and my wife. I’m not paying $10 per month (each) on the 2 smaller accounts, just so Chase can hold our ELECTRONIC money. It’s not like I’m taking up space in a vault.
    So, CHASE, you can lose the $8000 in direct deposits I give you per month, I’m not jumping through your stupid hoops to change the deposits around every pay period (as the CHASE banker recommended to me today). Enjoy not having my money!!!

  • Tulumstargirl

    Chase, just like most other banks are greed driven. Imagine the manager told me when I went to close my accounts…… that I have to tip the waiter when I go to restaurant, so why should I feel I can maintain an account for free…the audacity! You idiot bankers earn interest on my money on a daily basis. My savings account which had deposits of 10,000 and more at any give time, didn’t just sit in your bank drawer, you fools were earning way more interest on it than the .25% you were giving me. If your greedy establishment would settle for 15 billion in annual profits instead of 30 billion this world would be a better place. Instead you choose to suffocate and control, but you know what, if I had to put my money under a mattress so that you won’t continue ripping my thrifty a$$$$$ off, then so be it ! Goodbye and good riddance you greed mongers .

  • Fournee

    $8 for a cashiers check!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! I will be canceling my accounts with them and going credit union.

  • Louis_Day629

    I used to have a chase two chase accounts. I now bank with PNC Bank, they are a really great bank I have not had any problems with them at all. ANYWAYS about 4 months ago, I lost my wallet at a gas station. I called them two hours later and someone had found my wallet. The next morning I noticed ther were charges on my account that I did not do. Chase wouldnt reverse anything! they closed my accounts and they expect me to pay them overdraft fees. This goes to show you Chase doesnt care about their customers, they only care about your money!

    • Alexander

      The same exact thing happened to me

  • Rossantia

    Leaving, going to Wachovia, essential checking, it’s free.

  • Jamescoexist

    Chase lost me just before these fees became an issue for me, but they have been a tipping point for me. 

  • Jamescoexist

    Chase lost me just before these fees became an issue for me.  They have been a bit of a tipping point, though. 

  • Khanh98

    closed my account yesterday. they will keep losing customers. They will keep taking money from poor people cause they don’t have enough money to put into their check account while the riches get free banking.

  • http://pulse.yahoo.com/_ABL7DH2LSKY3XZTP4COLNEJ5FM Freedom Isnt free

    Seems to me…if you keep your nose clean there won’t be any fees.
    I left Wells Fargo a couple of years ago, after having been a customer since 1977. They accused me of stealing from myself! What actually happened was the guy at their 800 number ball-face lied! No one cared about that, so I left.
    Chase greets me at the door…goes the extra mile…treats me like they care if I return.
    No complaints.

    • Lugnut

      Keep your nose clean?  So in order to have a booger free nose with Chase you have to: 1) Keep a minimum of $1500 daily balance in the checking account, I don’t meet that criteria.  2)  Have a combined accounts amount of $5000, don’t meet that criteria either.  3) Have at least 1 direct deposit of $500 or more a month, small company, do not meet that criteria either.  Just keep in mind that if you fail any of these demands Mr. Freedom, not only will Chase greet you at the door, they will have a fist full of sand for the pounding your gonna receive.  Freedom most certainly is not free, but free checking and savings accounts are.  Just another benefit of a Capitalistic society, there most certainly is competition for people’s money and mine went to a Credit Union.  Enjoy yourself at a soon to be fallen financial institution, please keep it puckered tight, they’re coming for you too.

  • Jeff Scharfenberg

    Maybe these banks need to fix their own spending and not everyone elses!  Screw these new charges! I may have to move my bank account and i’ve been a Chase client for a long long long time! 

  • Sherri Thompson

    No thank you.

    When I started banking there it was Washington Mutual and I went with them because of there being no bank fees.  I work too hard to give my money away with the cost of living rising and the unemployment rate still up and raise freezes still in place the matress is starting to look better everyday.  I will be looking toward a credit union.  I can not imagine the public standing for this.  Soon there will be no Banks and we will have one Federal Bank.

  • Paulsdrywall

    I too will be leaving for randolph brooks fewer credit union.In a time where the economy is bad and their are no jobs it seems as though everyone is trying to take advantage of us regular joe’s. Maybe if theses bankers made minimum wage the rules would change!!

  • Pacificbp

    I better close my account w/chase or any banks w/ monthly service charge checking accnt.There are a lot local banks w/ free checking accnt.Bye bye BoA,Wells Fargo,N Chase.

    • Wendyc122004

      Perhaps we need to look at our law makers who felt it their responsibility to once again involve themselves in our “free market”.  I earned through my rewards cards what amount to about $1000 / year.  This was accomplished by simply making the choice to use my cards as credit instead of debit.  Our lawmakers decided that the fees that the merchants paid were too high and it was their job to stop this source of income for the banks.  Of course, they didn’t consider that the merchant is free to not accept a credit transaction and we as consumers are free to choose to either use their preferred method of payment or go somewhere else to spend their money.  It is simple really.  There was not a need to regulate our buying habits.  I am certain that the feds should be more concerned about how they are spending our federal dollars and not how I am spending mine.  By the way that $1000 a year that I have lost I won’t being paying tax on any longer.  Oh, and the banks won’t be paying tax on the lost revenue for these merchant fees either.

      I am not interested in paying fees to the banks for the privelege of letting them use my money to make money; however, let’s put the blame where it goes.

  • Leintellectuelle573

    Well,I’m sure glad that I’m going to be closing my account in a couple of days.
    :)
    :)
    :)

  • Leintellectuelle573

    WESTERN UNION MONEYWISE/GOLD CARD PREPAID DEBIT CARDS:COMPLETELY FREE!

    I’ve used it for a while,& will continue to use it until these banks get some common sense.

  • Dan

    After many years with Chase I am going elsewhere!

    • Alexander

      What Louis_Day629 said was: 

      “I lost my wallet at a gas station. I called them two hours later and someone had found my wallet. The next morning I noticed ther were charges on my account that I did not do. Chase wouldnt reverse anything! they closed my accounts and they expect me to pay them overdraft fees. “Just want you guys to know the exact same thing happened to me.  I tried to call CHASE Executive Branch and they wouldn’t help me.  Ms. Heather something or the other said she agreed with the bank’s decision. I was shocked.  It seems to me that if they know you make average income and don’t keep a large deposit with them then they really don’t care about you and would rather not have you at all.

      How can this bank still be in business?  Their Customer Service is non-existent. 

  • Alexander

    What Louis_Day629 said was: 

    “I lost my wallet at a gas station. I called them two hours later and someone had found my wallet. The next morning I noticed ther were charges on my account that I did not do. Chase wouldnt reverse anything! they closed my accounts and they expect me to pay them overdraft fees. “Just want you guys to know the exact same thing happened to me.  I tried to call CHASE Executive Branch and they wouldn’t help me.  Ms. Heather something or the other said she agreed with the bank’s decision. I was shocked.  It seems to me that if they know you make average income and don’t keep a large deposit with them then they really don’t care about you and would rather not have you at all.

    How can this bank still be in business?  Their Customer Service is non-existent.

  • Alexander

    What Louis_Day629 said was: 

    “I lost my wallet at a gas station. I called them two hours later and someone had found my wallet. The next morning I noticed ther were charges on my account that I did not do. Chase wouldnt reverse anything! they closed my accounts and they expect me to pay them overdraft fees. “Just want you guys to know the exact same thing happened to me.  I tried to call CHASE Executive Branch and they wouldn’t help me.  Ms. Heather something or the other said she agreed with the bank’s decision. 
    I was shocked.  

    It seems to me that if they know you make average income and don’t keep a large deposit with them then they really don’t care about you and would rather not have you at all.How can this bank still be in business?  Their Customer Service is non-existent.

  • Scott

    I think it will be sad for Chase to see how greed does not pay in the long run!  Many years ago banks were here to protect the customer and lending was the way they made their profits.  Now that banks like Chase have failed to follow their former business model they reach into their customer’s accounts like a cookie jar and steal money – abandoning the plan that they originally sold the customer on in the first place to get them to use Chase as a “safe” place to store their money.  Too bad Chase management does not listen to the words of Jesus when he spoke of greed in Luke 12:15.  God will not be mocked, “you reap what you sow” Galatians 6:7-8.

  • Jose Sierra

    Definately shop around for another bank & decide trade-off with prepaid accounts… worst thing i experienced with BB&T charges made when u contact themfor customer service acct info. The actual banks are not connected with the actual banks & they have very limited information. So be leary & shop wisely with prepaid cards as well.

  • Jose Sierra

    Not sure yet how Chase functions but i also bank with Suntrust they wave maintenance fee of $7.00 if u have direct deposit or maintain a daily balance of $500.00 thats crazy we e all struggling just to make ends meet to have these rules making things worst ti the point that it is a great way for all banks to loss more customer’s just they mentioned in peevious post. Also suntrust waives savings acct maintenance fees if u set up ur acct to transfer a minimum of $25.00 but ur limited to 2 transfer a month b4 they charging $4.00 for transfer to avoid overdraft fees. These transfer b4 where unlimited & free until this July 2012. Now im looking to shop all banks & see which will tailor to my needs

  • Rich

    I am completely done with Chase and their bullshit overdraft fees. They go 3 and 4 days without posting my stock market deposits even AFTER the stock company has sent it to them ETF. They cause me to have multiple overdrafts due to this. The transactions have been in the thousands. I believe it is on purpose. I am moving all of my US Army retirement and direct deposits away from Chase to Huntington National Bank. I don’t care how large Chase is…They are “Forking” Americans like you and me with consistent FEE FORKS!!!