Come October, I am going to a credit union. I returned to Chase bank for the first time in a few years. It is much worse than I could have ever imagined.
At this point, I do not know if the banker lied to me about the $300 offer. They had this offer where they gave you $300 for opening a checking and savings account with them. The gentleman told me that if I closed the account within six months they would take the $300 back. We spent a half an hour setting up a checking account.
I was under the impression that everything was going smoothly. I was given temporary checks, a document to set up direct deposit, and a worthless ATM card. Why is it useless? Have you seen how many locations Chase has versus what they used to have? I was also under the impression that we were setting up direct withdrawal for my savings so I would not be charged a fee.
Come to find out, you have to do everything manually. Every thing I have ever asked them about so far they have all told me, "Well, you have to do it yourself." When I was setting up a checking account I had to tell the banker to order checks even though they were giving me temporary checks for a checking account? I had to order checks. Yes, we have plenty we only use debit cards for, but to pay the bills online (student loan, power and gas bill..you get it) you are required to use a check. Come on, people! It is against the law to use a card to pay your student loan!
Oh, and get this. You have to go online to set up direct withdrawal for your savings! I thought this was already done at my long visit to Chase. Lo and behold, they were charging $5 a month from my savings account. I placed a formal complaint with their call center in the Philippines (Surprisingly, the Filipino agent had a personality and it was like talking to a grumpy Centurylink agent in Salt Lake City). The only thing I suspect will happen is that the fees are going to be waived and....that will be it.
So far, my return to Chase has been as mysterious as enrolling in University of Phoenix. Uninformative and you are required to read between the lines and dig for information that requires pulling teeth. read more