[GPSCC-chat] Problems With Chase Bank
Brian
snug.bug at hotmail.com
Thu Mar 13 09:12:16 PDT 2014
I left Chase a couple of years ago. I'd been meaning to transfer to a credit union,
but I'd been slow to choose one 'cause I didn't know how. I'd been put off by the
atmosphere inside the bank--lots of gaudy posters advertising chances to win free
trips to beach resorts.
I was on my way to see Charles Ferguson (Inside Job, the movie) speak at Stanford,
and I thought I could stop in at the bank and scribble an order for new checks.
The teller referred me to a marketing desk and I sat down reluctantly. She rep
assured me that this wouldn't take long. Forty-five minutes later I was still sitting
there. That's how long it took her to close out my old WaMu account and create
for me two brand new accounts. No doubt this got her a nice commission and
gave the branch credit for new business, but all I wanted was some checks!
So I was late for Charles Ferguson and because I had bicycled I was clutching my
brand new blue folder with the big Chase star on it and I ran into Gerry Gras there
and when he saw my folder he gave me a disgusted look.
Within a month one of the credit unions was honoring Move Your Money day by
paying $100 to new customers and I took the plunge and I'm glad I did.
I still have the blue folder. I keep all my papers about the economic meltdown and
the banksters in it.
Date: Thu, 13 Mar 2014 08:25:23 -0700
From: pagesincolor at yahoo.com
To: sosfbay-discuss at cagreens.org; palestineis at dslextreme.com
Subject: [GPSCC-chat] Problems With Chase Bank
South Bay | Global Justice and Anti-Capitalism
Problems With Chase Bank
by John Thielking
( pagesincolor [at] yahoo.com )
Wednesday Mar 12th, 2014 4:52 PM
Chase Bank is no longer a serious bank. Has anyone else had problems with them similar to what I am having?
Has anyone else experienced the following problem
with their bank recently (my bank is Chase)? Scores of debit card
charges over the past two months have been declined allegedly due to the
transactions being flagged for possible fraud. I say allegedly because I
doubt this is the real reason. Two sets of transactions cause me to
think that legitimate flagging for fraud is not the true cause. One set
of transactions was with Microsoft to do a prepayment for the Bing
search engine. Half the online marketers in the world use Bing so doing a
transaction with them through Chase should be completely routine.
Another set of transactions over a period of two months or more was for
my web hosting company esilverbullet. I have had the exact same debit
charges (on the exact same days of the month) paid to that account
through Chase (and before that to brightbuilders who were sold to
esilverbullet paid through Wamu before Wamu became Chase) for the past
11 years. Why they decided to flag that set of transactions for fraud at
this late date is a complete mystery. When I talked to a customer
service rep at my local Chase branch he told me that he has had similar
problems with his debit card. In my view, Chase is no longer a serious
bank. I am moving all of my monthly online billing to no longer use my
Chase debit card, effective immediately. In some cases I am paying my
bills for 6 months in advance by check. Does anyone else have any
comments or experiences to add?
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