re: PSA: Chase Bank Sucks

Chase is the worst of the bunch hands down.

Not surprised in the least bit that this is a Breesus thread nor am I surprised at all the downvotes.

"Chase is providing me a service and wants to charge me for it!"

i hate Chase too, but this is really all the big banks. They have no incentive to provide service, and screw you every chance they can. Thus, i went with smaller local banks: Regions, Hancock, Whitney.

Sadly, Chase is still my car loan holder as they gave me the best deal, from the dealer. I called my guy at Chase who offered 6%, then go to the dealer who gets me 2% from Chase, a rate they would not even give a long term customor.

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Sadly, Chase is still my car loan holder as they gave me the best deal, from the dealer. I called my guy at Chase who offered 6%, then go to the dealer who gets me 2% from Chase, a rate they would not even give a long term customor.

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You don't PenFed, do you?

Its a bank they are all criminals.

You are incorrect. Capital One, like most banks, does charge non customers to cash checks. There is a risk to cash these checks and the fee is used to offset the possible loss.

Also, what you are missing is that the reason they asked if you were a business to deposit the loose coins, is because if you were, the fee that the bank pays to the vault/carrier to deposit those coins, charges the bank a fee, and that fee is most of the time passed on to the business with analysis charges, cash deposit charges or some sort of combination of those things.

And you are correct, they would take your word for the amount you were depositing in coins and give you immediate credit, however, after the vault counted your coins, if you were in accurate, your account would be adjusted accordingly.

The new government bank regulation is expensive and costly, and this gets passed on to the customer with fees and expense reduction, such as laying off tellers, etc which is why they are pushing you to use online and they don't want to deal with your dirty coins that the bank makes no money on when handling or servicing.

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It is really stupid. I may not be Capital One's customer, but the credit union most certainly is. I'm getting money out of an account THEY service, and they want to charge me a fee? Insane.

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A) You can cash it at your own bank. It makes no sense to me to be upset when you've got an account elsewhere and you go to the bank where the check is drawn to get the money.

B) If they don't cash checks for non-customers, that is an issue for the credit union and Chase. If it is that much of an inconvenience, Chase can waive it for clients of a particular company if it is worth it.

C) You can thank your regulators for these type of fees. Combine regulation with low interest rates and banks had to make up the revenue somewhere.

Bank of America FTW

I prefer smaller local banks. I was with Bank Of new Orleans for years. Now it's Home Bank and it's not as good so I may switch.


I also use Ally. I still have a Chase account and a Cap 1 account with barely anything in them.

I never close accounts just open new ones.