Banking fees question

[hotreds]

Thanks, guys! This is Chase, it is not a business account, there is no interest attached to the balance. It was free when I opened it a few years back, in Dec they sent me the letter stating that starting in Feb they would charge the $12. I use it only to do online stuff, I have never written a check. I'll talk to a rep there and see what they can do for me. I'd like to keep it since my other stuff is also with Chase and I can easily transfer funds between accounts and the like- but not for $12 a month-- a $1500 balance would be very hard to maintain at this point in this account.

[T.G]

Originally Posted by hotreds

Thanks, guys! This is Chase, it is not a business account, there is no interest attached to the balance. It was free when I opened it a few years back, in Dec they sent me the letter stating that starting in Feb they would charge the $12. I use it only to do online stuff, I have never written a check. I'll talk to a rep there and see what they can do for me. I'd like to keep it since my other stuff is also with Chase and I can easily transfer funds between accounts and the like- but not for $12 a month-- a $1500 balance would be very hard to maintain at this point in this account.

I know a bunch of people who are closing their Chase accounts because of that new policy. A number of them are employees of Chase too.

[Starscream]

Originally Posted by T.G

I know a bunch of people who are closing their Chase accounts because of that new policy. A number of them are employees of Chase too.

Good. Chase will eventually figure it out (maybe). They don't really make their profit off of the little man, but if enough pull their accounts, then it may make a difference.