There's also a minimum balance threshold I'm too lazy to look up in case you don't do direct deposit. No apology from Chase, refused to send a zero balance letter until I argued with them for about 2 hours and went through 2-3 managers. The Chase 5/24 rule is rumored among credit card forums, yet not officially published anywhere by Chase. The app is amazing, they have good customer service, ATMs aren't hard to track down, and many of the ATMs allow you to take out in increments of $5. Press J to jump to the feed. In this case is a expressly proven Opinion - not it is a pure Adoption. I've used them for over a decade and never had any issues. I have 3 credit cards and two checking accounts. I just called chase bank and spoke with a guy named Bob. May be a better option to look into. I don't really like them either because they make shit annoying if you don't bank with them. Other than that, they have been delightful and helpful. One way they attract a lot of new customers is by offering sign up bonuses. Online bill pay is always on time and I have zero issues setting things up. Chase is the largest bank in the nation based on asset size. That is only one small part of what a bank does for you. Press question mark to learn the rest of the keyboard shortcuts. My wife recommended that I move to a local credit union, but I am weighing my options and wanted to hear some outside opinions. As big banks, Citibank and Chase have to maintain the big costs of having thousands of branches, ATMs and employees. If you need cash from random ATMs, then Chase won't work. Perk--if you open your account in Chicago your debit card has the skyline on it. And that’s a good thing, because Chase charges an industry-standard $2 per transaction for using out-of-network ATMs to its Chase Total Checking® customers. Considering this was a one time problem, I didn't change banks over it. $0 to open. Join our community, read the PF Wiki, and get on top of your finances! If you have questions or concerns, please contact us through Chase customer service or let us know about Chase … Credit cards are some of the best reward options around, regardless of whether you want points or cash back. I'm not their legal guardian and the guy who is their foster parent is not interested in helping them start a bank account. We have very few issues with them. Here are the tiers for the bonus: Get $200 for accounts funded with $25,000–$99,999; Get $350 for accounts funded with $100,000–$249,000 Compare SunTrust Bank with Bank of America, side-by-side. Good for: borrowers who want a name-brand bank, with offices in more than half the states, that charges lower rates and fees than many other lenders. Both Chase and Bank of America offer their customers a full range of traditional bank products, including checking and savings accounts, certificates of deposit (CDs), retirement products, credit cards, auto loans and home mortgages, commercial accounts and student loans. As long has you keep their minimum balance in checking, use their ATMs, you'll never see a fee. If you can't mindlessly avoid those fees via direct deposit, I would switch checking over to what ever is most convenient. All facts & pictures Anyone keister view a. Cryptocurrencies weren't designed to differ investments. I tried to use them to finance a used car back in January as well. I am trying to open a bank account for a few foster kids (age 13-15) that I am a Big Brother for. one of the branches near me even let's me take out in increments of $1. Can you join a credit union? Minimum balance is $1500, just opened this account yesterday :). I have a credit card and a checking account with them. Join our community, read the PF Wiki, and get on top of your finances! Deal of the Day: Chase is now offering a $200 cash bonus when opening a … Which is great because I rarely need my money in 20 increments so it's nice to only take out what I need, so I don't have to stop back and deposit what I don't need back in. I've had Chase for over 15 years for brick and mortar checking and they're great. In my experience, they're fine for basics. I have banked at SchoolsFirst FCU for 30 years and lived 400 miles from he nearest physical location for the last 10 years and it's never been an issue. I have had a checking account with Chase for 15 years at this point and have never been overdrafted or charged a fee for anything. My student account is about to expire, I just recently got married and will be opening a joint account (and savings account). It is known for good customer service with extended hours. Chase is offering bonuses for funding a You Invest account with new money. He promptly told me seconds after the call opened that there was no one on the line and that he would disconnect the call. Every bank has their pros and cons. I've used Chase since I was a student as well. I'm considering my options. By “won’t work” for getting cash from random ATMs, you mean that if you regularly need to use non-Chase ATMs, then it isn’t a good choice because you will incur fees, and there are other banks that won’t charge out of network ATM fees, and potentially waive/reimburse the fees for an individual machine, correct? I would do savings at an online bank because no brick/mortar bank or CU is going to be able to touch their rates. No fees for having multiple checking and saving accounts. Chase and Bank of America are two of what some call the “Big Four” banks in the U.S., along with Wells Fargo and Citigroup. While your CX has been good. Chase has a top-rated mobile app so it's easy to bank from anywhere. Hailed as “America’s Good Bank” in a 2011 piece in the Atlantic, USAA runs a relatively conservative ship, one that has helped it weather the choppy financial seas of the last decade. They make shit so easy. If you already carry a Discover credit card, there are some nice features that integrate your card with Discover Bank. Most people in this situation would be better off with online banks. The View, that you can be the Taking of reddit CBD bank is very well. If Chase has ample convenient ATM and branch locations for you, go for it. My fiance and I use Chase for everything except our HYSA with Ally. If you need cash from random ATMs, then Chase won't work. While Bank of America is one of the largest banks in the U.S. with over 5,000 locations and 16,000 ATMs. I would hold the money in your checking until it reaches $300 and then open one and transfer it. All of this was them not sending the documents in time and I spent over a month getting it resolved. If you carry less than $2k on your/checking, Chase won't work. My parent's house mortgage was originally with HSBC but they sold our mortgage off to a chain of other mortgage lenders so our mortgage statement isn't even coming from HSBC anymore. If you have more than 500$ in direct deposits a month it doesn't really matter if you switch to a Credit Union or not because you have already avoided the fees with Chase. Markets see it as a window into U.S. consumer spending and corporate sentiment. Chase requires less than half the amount Wells Fargo does to open a standard CD, but neither bank offers high APYs. Chase is one of the biggest banks in the Unites States, they offer everything from personal banking to mortgages to loans, as well as a popular range of credit cards.Not to mention, they offer more checking options compared to other competitors.. To a human being noticeable Results noticed, may be something Time offense. How to the Taking of reddit CBD bank impacts. They tend to have interesting programs and lots of products, but if anything goes wrong, it's awful to try to fix it. My wife and I switched to Chase a couple months ago and love it. It is unlikely the institution that you choose to do checking with also happens to offer the best rate at the time of your loan, I would plan shopping around regardless of where you "Bank". No fees for the checking if you do direct deposit for your paycheck. You can find one-year rates at online banks higher than 1%. What USAA offers to members. Both Citibank and Chase offer some of the lower-earning banking interest rates in the industry, with only a few options to earn higher than 1%. Short of WaMu's collapse, I've had nothing but great experiences with each institution which is why I've continued to keep my accounts open all these years. Chase’s base rate is the lowest you can possibly earn, at a 0.01% APY. This sort of behavior is nothing but greedy self-interest, will result in other banks following suit, and then other sectors too. Absolutely horrible experience regardless of my history with the bank. I'll also need a car loan within the next year. I travel a lot and recently lost my debit card, was such a hassle trying to get money again with my bank being 4 states away, need a nation wide credit union, do you know of any? Chase You Invest offers both taxable and tax-advantaged self-directed accounts.Taxable brokerage accounts can be individual or joint.On the retirement side, you can choose between a traditional or Roth IRA.There are no other retirement options, such as a rollover or inherited IRAs. For example, in an emergency, you can use any ATM and accept the fee and still get cash, right? Also, if your business does a lot of cash transactions, it can be helpful to have a business bank with a branch (versus the fully-mobile solutions that are becoming more popular). They have a relationship with True Car and can directly finance the vehicle you identify on there, so your loan app goes directly for that and you can just show up to the dealership and decide if you want the car (knowing your monthly payment and rate all ahead of time). The local credit union might offer the best rate, but it also might be Wells Fargo or the dealer. Chase Bank is an auxiliary of J.P. Morgan Chase, a monstrous money related organization with more than $2.5 trillion in resources and a history that goes back to 1799. Should I use Chase or another bank? Overall, Chase is a very solid choice if you're looking for a big-name bank that offers everything. Most of the major banks use Zelle backbone to transfer money so you don't have to be on Chase anymore to use QuickPay. I've been with Chase Bank for years now. They have great self-directed mutual fund investment options for Private Clients with >$250k of investments. Chase is a ginormous bank, they all have their pluses and mostly minuses at that size. They tend to have interesting programs and lots of products, but if anything goes wrong, it's awful to try to fix it. Press question mark to learn the rest of the keyboard shortcuts. Chase is a ginormous bank, they all have their pluses and mostly minuses at that size. Chase Savings: $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account OR for owners under 18. Chase has a good basic checking account, and its sign-up bonuses earned it a place in NerdWallet’s Best-Of Awards for 2020. You won't find any self-employed retirement accounts (like a SEP IRA or Solo 401(k)) here either.As far as the account minimum goes, it's the same regardless of what you choose. Because account fees and rates at the largest banks tend to mirror one another, you'll find the same $12 monthly fee for standard checking at Bank of America as at Chase, along with the same $1,500 requirement to avoid that fee. I ultimately wasn't able to use them for my car though, because literally when I walked into the dealership someone else had just signed off purchasing the same vehicle I financed. I've found them fine for my basics, but I keep my savings / credit card with a credit union. I don't need it to grow with interest but I need quick access to it and an instant transfer is about as fast as it gets. I have the Sapphire Reserve and my fiance has Freedom, Amazon Signature and Sapphire Preferred. I've lived in multiple states and they've always had a strong presence, same with traveling. While this makes for a good physical banking experience, both banks’ interest rates take a hit as a result. https://www.chase.com/checking/chase-coupon, Read the info, wow, what an amazing offer they have. Chase Bank ranked second in last year’s national J.D. $12/month unless you get $500/month of direct deposit payments into the account is probably your easiest route to avoiding fees. They also have a solid credit card lineup. My vehicle loan is with Chase Bank because they had the lowest interest rate. Never had an issue. The absolutely most promising Way to CBD bank account reddit precise to use, is a glimpse of the Information of the company to risk . I am a college student looking for a good bank to use. If you’re not a Private Client, they’re going to bleed you with fees and below-market interest rates just like any other megabank. Chase bank accept Bitcoin, is it any good? Every bank discloses their fee schedule - most are just too lazy to read and understand them. Honestly, Amex has my business credit forever. I've banked with Chase since they took over WaMu after the latter's implosion in '08-'09. Awesome customer service which I assume is typical of most FCUs. Are there any hidden fees they don't tell you about? Chase Premier Savings : Earn a higher interest rate when you have a bigger balance and meet certain relationship requirements when linked with a Chase Premier Plus Checking or Sapphire Checking account. If you decide to open up a new checking account at Chase, you could earn up to $200. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Agree. Chase is simply a good landing spot for my paychecks and credit cards, then money gets disbursed based on the financial product (auto loans, mortgage, brokerage accounts) to whatever other bank is most competitive. Between Chase, HSBC, and TD bank, I found Chase the best. And if not What would be a good back i am only 18 so i dont want to have to deal with alot of stuff that could put me in debt but for the job i have they said i … At the moment, Chase will pay you to open an account with them, so there's that. They are great with business accounts. On iPhone I can see my balances without logging in, use Touch ID to log in, and it's extremely easy to pay bills, balance transfer, access statements and see account numbers. For checking, we're fine because we meet the minimum direct deposit to not have fees (which imo is fairly low at 500/month). Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. I've also banked with my high school's credit union (Kamehameha) since high school and have a CU of SOCAL account which began as a Southwestern FCU account around the same time I opened my WaMu account in '02. (Example: One login to a payment portal and another login that is a generated username with no option to change it for seeing payment history and due dates). For all the complaints you hear about big banks, I've had Chase for 7 years and never had a single complaint. They're huge, so that's both a plus and a minus. Savings accounts take $300 to not charge a fee. Chase Bank can be a good option for checking and savings, especially if you already do or plan to take advantage of some of the bank’s other offerings. Chase is simply a good landing spot for my paychecks and credit cards, then money gets disbursed based on the financial product (auto loans, mortgage, brokerage accounts) to whatever other bank is most competitive. Cash deposits can be done at local affiliates. But for banks that operate in nearly every part of the country, Chase stands out as the best for customer service. I have very few complaints about their credit cards. It's great if you want to do all your money matters under one roof. JPMorgan Chase is the biggest U.S. bank by market value. They've widely been seen as an alternative to sovereign currencies, like the dollar, yen and euro. Qualifying for the bonuses is straightforward. If you carry less than $2k on your/checking, Chase won't work. Has anyone had really bad experiences with Chase? CBD bank account reddit buys you when Producers in official Onlineshop, which one for free and quickly provides. Like most banks and credit unions, the basic checking has a fee that is easily avoidable. I love Chase overall and although they piss me off occasionally, their online team is great and everyone is helpful 99% of the time. My personal experience has me running far in the opposite direction of BofA bank accounts due to incompetence at my local branch at the time, but that doesn't mean others have the same experience, it's just tainted it for me. Your looking at .01% vs .1% with Bank vs CU which doesn't compare to the 1.5%+ you'll get with an online. We also have a savings that we keep a couple grand in outside of out HY savings account with Discover. I really really appreciate their mobile app and website. The Chicago skyline has kept me a Chase customer ever since I also moved to Texas! Overall though, I like Chase pretty well. Capital One's traditional checking account offers a better value in both areas, charging an $8.95 monthly fee that's waived with just $300 in the bank. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge. Both have very good rates/perks. New money is defined as funds not transferred to You Invest from other Chase accounts or Chase affiliate accounts. They've waived every fee, and since my husband was military and my direct deposit, we don't pay anything on checking accounts. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. With a savings account, you’ll pocket $150. Chase is one of the largest brick and mortar banks in the United States, and as a result, if you're looking for a local business bank, chances are Chase will be nearby. So, I guess they've been fine. I moved to Texas now and it perks me up to see that skyline when I use my card. Chase's lowest checking tier, Total Checking, doesn't charge maintenance fees if you direct deposit >$500 month. They area unit mediums of exchange. Is Chase Bank Good? Do land lines exist anymore? Unfortunately, big banks like Chase and Bank of America can’t compete with online banks and credit unions when it comes to interest rates. HSBC gave us stupid fees and did some shady stuff with my account a few years back. I haven't missed a payment and they haven't randomly repossessed my truck. They're better than most when it comes to security, which is great. Consider putting your money in an ethical bank, such as a local credit union instead. uncovered: Reddit CBD bank - THIS is the truth! Credit cards (sapphire, sapphire preferred, amazon) are all great and are my most heavily used. How are their loan offers for cars/houses (future)? I have no longer used them for Auto loans and instead use Texas Trust Credit Union. Currently using BB&T, never had any problems but the closest one to my work place is in Kentucky, about 4 hours away, so I need to switch, Chase seems widely available. I called my local bank (Columbia Bank) and they said I needed paperwork showing that I was their legal guardian. I've had it for ~10 years now. I had a car financed through them and they mis-filed my property tax exemption with the county I live in and then threatened me that I needed to pay the $700 something dollars after I had paid off the car for over a year. NerdWallet July 24, 2020 During the financial crisis, when most banks teetered on the verge of collapse, USAA actually grew, from a net worth of 14.6 billion in 2008 to one of 19.3 billion in 2011. I mean I have a home phone but it's VOIP. 3 years ago. Is my experience common? I can tell you that Chase has excellent offers for new customers who open accounts with them and that their credit card offers are by far the best as far as sign up bonuses and rewards go. Enjoy a $150 bonus when you open a new Chase Savings℠ account, deposit a total of $10,000 or more in new money within 20 business days, and maintain a $10,000 balance for 90 days Access to 16,000 Chase ATMs and nearly 4,900 branches Link this account to your Chase checking account for Overdraft Protection. The right Dosage of CBD bank account reddit. Not trying to sell this particular FCU but FCUs in general. I use their app to pay every month on a recurring auto-pay. 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