41 replies to this topic

[k_nitin_r]

Hi!

@Joshua

The overdraft protection definitely was a mean trick that Chase, or Bank One, pulled on you. I would think the overdraft protection covers both withdrawals and cheques unless they mentioned it. I've noticed that most organizations tend to offer you some kind of a benefit if you can keep bugging them about trying to reduce the amount you have to pay. Haggle and you can actually save from a couple of dollars to several hundred dollars! In fact, my neighbour managed to talk the real estate agent into giving him the apartment for about half of the rent by just calling up and talking over the phone, though I doubt I'd be able to do that unless I promised to hand the agent a treasure map in exchange for the reduced rent.


@anwiii

That interest rate increase seems like Chase really was in need of your money. I believe getting a credit card with the same bank and the one where you keep your cash is a good idea because they can simply deduct the amount from your account and you can avoid getting into the negative.


@kagerioshu

A co-worker once went to ABN Amro to get a new bank account and the bank representative mentioned that the minimum balance for opening an account was $6,800. That's almost seven thousand U.S. dollars as a deposit for opening an account when all other banks required merely $1,300. He later ended up going to Barclays Bank which offered a zero-balance account for a fee of $8 per month.


Just an off-topic question, but where do all the iGuest posts come from and why aren't there actual user accounts associated with those posts?

[iGuest]

Chase feesChase-good Example Of Bad Banking

I recently had to make an emergency trip to Europe due to my mom being taken to the hospital due to a stroke,well I have all my utilities taken our of my chase account automatic and I used my card in Europe which gave me a negative balance by less than five dollars,now because of my utilities chase charged me four overdraft fees in two days,this is pure evil so beware of them,july 2010 can not come soon enough,my question is what is barney frank doing while chase gets away with this evil? 

-reply by Will

[iGuest]

agreedChase-good Example Of Bad Banking

 Chase actually switches online transactions to make you overdraft. That is what they did to me and I actually witnessed it happening. I called five times in two days about it and nobody would admit that they do that, even though I had proof! It was very annoying and I immediately switched to a credit union. What a great choice. I will get my $80 Chase fees back in no time with a credit union. I was so surprised when I found out that a few people still like Chase.

[iGuest]

I Miss Wamu :-(Chase-good Example Of Bad Banking

Last Wednesday I had about $400 in my checking account.  I spent around $120 on two transactions and checked my account Thursday  which showed the two transaction had posted and taken from my balance.  I have direct deposit on my paycheck, and has always posted Thursday at midnight.  Thrusday afternoon I wrote a check for my rent.  Granted it was floating, and I wouldn't be upset if they charged me with the overdraft on that.  What they did do however, was remove the two previous withdraws that were done earlier that week, pended my paycheck, and posted my rent check first, making my overdrawn, the reposting the previous two transactions that were suppose to be already cleared and posted, which clearly SHOWED on my statement when I checked online.  This cause three overdraft charges at $35 a pop.  My direct deposit was still pending the next day.  They have NEVER pended my direct deposit before.

Now I will take blame when blame is due.  But for them to repost cleared transactions and hold a direct deposit is just shady.  After calling India, hoping for an explanation, and maybe a reversal on at least two of the fees, I was told that nothing could be done and I did not have proof that the two previous transactions posted, and that they automatically hold any deposit for at least 24 hours, which is a lie!  I hung up and filed a case with OCC.  Chase is nothing but a bunch of liars and thieves.  Looking quickly now for a new bank!

-reply by Kristi

[iGuest]

I was originally with Washington Mutual Bank before the Goon's from Chase bought them out and also my WAMU Credit Card was now of couse "CHASE" well it's been hell ever since so anyone that wants to even stand on one leg for this sorry A&% excuse for a bank your just as Screwed up as they are. I always make 800.00 payments on my 145.00 minimum payments to keep my account in good standing my record shows that some days I will pay 1,000.00 and once I only paid 500.00 But what I do is I always go to Amscott to get Money Orders it's free! well after Chase had taken over my WAMU credit card first thing they did was raised my interest rate from 8.98 to 14.98% they said that it wasn't profitably to keep it at 8.98 thats why WAMU is no more! thats almost exactly what I was told verbatim! (**** me chase). Anyway I decided after problems after problems I am not staying with this screwed up bank so I started making larger payments, well Amscott has a 1,000. Limit and I wanted to pay 1,100.00 for that month to get the card paid off faster, well anyone thats been to Amscott knows they print there money orders off a machine and you tear them apart. Well I had 2 money order with consecuative numbers one for 1,000 and one for 100. And I didn't tear them apart just the stubs off which they are still attached. I filled both out and put them in there envelope and sent my payment. After my next months statement comes in I see they only posted -100.00 payment thank you! ***! I never would send in a payment below the minimum due! they tact on a late fee also! I called them and said a few choice words, finally got the 1,000 credited, but I get a letter a week later telling me I have 10 days to go to Amscott and verify if the M.O. Has been cashed or not. Amscott says they charge a 12.00 tracing fee! I called Chase and said I am not paying that fee for a mistake you made so they say they will credit that, I can't wait to see this. And I know some dumb A&% indian sitting behind a cupical just typed the one money order into my account without even noticing the 1,000 one attached behind it so the trace will be obvious it will I am most sure come back un cashed! and this trace according to Amscott takes anywhere from 35-40 days! so I have the feeling I am about to take a LONG ride on this fricken Chase bank roller coaster, and I would most deffinetly not recommend this bank if they are that lame and forget to apply both money orders sent, I have sent 2 M.O's in the past and they got applied? Very pathetic Bank!

[iGuest]

what's even worse is, When I go to the banks I see mostly Black faces. Black on Black crime now that's absolutely retarded.

-reply by peter moore

[iGuest]

Replying to iGuestOh good God people. Whiny little brats who don't even know how to manage their money.I used to have a Chase account too but didn't leave them because of lousy service, but simply because I moved to a different state with no Chase banks, but am now moving back and will happily open a new account with them.The rule is simple: DON'T SPEND MORE MONEY THAN YOU HAVE AND FAULT THE FREAKING BANK BECAUSE YOU'RE PENALIZED.Read your damn servicing agreement and stop trying to float checks and get away with it.Chase doesn't change the way transactions are posted either. All posted transactions post in DESCENDING ORDER, largest to smallest. There's no deception. Everything's on the contract you sign at the time of account opening.Christ, banks should really require people to take a test before opening a bank account. That way some dingaling actually knows what they're getting into and doesn't mismanage their money and cry about the bank charging them. If you're not good enough with managing your money to open up a bank account and have to stick to a lax rule bending credit union, then so be it. Stop plaguing the nation with your bad business and lack of money management and *****ing about it and having the audacity to claim that the bank is evil, deceptive and cruel.

[iGuest]

chase depositsChase-good Example Of Bad BankingI just opened up a Chase acct this week (week of christmas) I recieved a check for 2900 from Fidelity Bank. I promptly deposited the check yesterday morning. I recieved an email alert this morning stating I had xx available balance it included this check. I so happened to go onto Chase tonight and they have now removed 2800 under a lad debit and kept only 100 of my deposit. I am floored it said I had the available funds this morning now I don't. Has this ever happened to anyone I am so upset that I don't have that money in my acct. Can anyone elaborate on this?-reply by Tiffany

[iGuest]

I miss WAMU too!! :(Chase-good Example Of Bad Banking

I have been with WAMU for almost 10 years now... Absolutely loved them... My debit transactions never pended for days, they were processed the same day, and my direct deposits always were posted. Never pended, Thursday night at midnight. Kristi, the same thing happened to me... Every paycheck since August... Since Chase took over I have had more overdraft fees than I have ever had in a lifetime!! In the last 5 months they have charged me $550 in fees because my deposits are posting after my credits from my account...Although in the time frame the deposit was made before the credits were ran. It is beyond frustrating, and I have been on the phone from one supervisor to the next for hours, and they have a policy they can oly reverse $70 of overdraft fees period. I HATE CHASE!

I am going with a credit union... **** corporate banks!! /txtmngr/images/smileys/smiley7.Gif

~Gwen

[iGuest]

WORST BANK EVERChase-good Example Of Bad Banking

High fees, every month changes in interest rate without me even missing a payment.They are closing my accounts due to a glitch in another bank systemThat has been reported to the credit bureau and will be adjusted in 30Days yet they close 2 card with a totally limit of over 13 k!  I haveBeen making payments every month, with money coming int he checkingEvery week and more than 7k in the savings. For cry out loud sake. WHYAM I BEING KICKED IN THE BUTT AND WHEN I CALLED THEM SOME COLD UNPROFESSIONAL PERSON ANSWERED AND WAS NOT HELPFUL AT ALL! Yes they do not care about you, they do not care about your credit report, they are very rich and only preying on people to get richer.

Yup wasTricked into it by a person we know that worked there at some point ofHis life! Thank You so much for this NASTY BANk! So ready to findAnother bank to deal with.

-reply by Anita