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. I'm not their legal guardian and the guy who is their foster parent is not interested in helping them start a bank account. If you need cash from random ATMs, then Chase won't work. In my experience, they're fine for basics. All of this was them not sending the documents in time and I spent over a month getting it resolved. 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 had a checking account with Chase for 15 years at this point and have never been overdrafted or charged a fee for anything. Chase requires less than half the amount Wells Fargo does to open a standard CD, but neither bank offers high APYs. My wife and I switched to Chase a couple months ago and love it. I've been with Chase Bank for years now. If you carry less than $2k on your/checking, Chase won't work. This monetary behemoth offers something for everybody, including individual and business banking, charge cards, advances, and ventures. I use this for my short term emergency money. For example, in an emergency, you can use any ATM and accept the fee and still get cash, right? Can you join a credit union? Should I use Chase or another bank? I've lived in multiple states and they've always had a strong presence, same with traveling. If you carry less than $2k on your/checking, Chase won't work. It is known for good customer service with extended hours. 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. I've used Chase since I was a student as well. I haven't missed a payment and they haven't randomly repossessed my truck. Chase has a good basic checking account, and its sign-up bonuses earned it a place in NerdWallet’s Best-Of Awards for 2020. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. The Chase 5/24 rule is rumored among credit card forums, yet not officially published anywhere by Chase. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Are there any hidden fees they don't tell you about? I've never had trouble finding an ATM, and I've traveled pretty widely (in the US). Press J to jump to the feed. Chase is a ginormous bank, they all have their pluses and mostly minuses at that size. Is Chase Bank Good? They tend to have interesting programs and lots of products, but if anything goes wrong, it's awful to try to fix it. 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. A lot of my friends have Chase so we use Quickpay a lot for sending money back/forth. 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. 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. 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 … 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. Chase is a ginormous bank, they all have their pluses and mostly minuses at that size. I just called chase bank and spoke with a guy named Bob. Both have very good rates/perks. I really really appreciate their mobile app and website. One way they attract a lot of new customers is by offering sign up bonuses. You can transfer funds between all your Chase accounts. I've had Chase for almost 15 years and used then only for direct deposit, two credit cards, checks back in the day, and one auto loan. 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. So, I guess they've been fine. Chase is also degrading the quality of life for not only its employees but greater society by implementing changes such as being open on certain federal holidays, traditionally also called "bank" holidays. My fiance and I use Chase for everything except our HYSA with Ally. I would do savings at an online bank because no brick/mortar bank or CU is going to be able to touch their rates. 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. Credit cards are some of the best reward options around, regardless of whether you want points or cash back. I've had it for ~10 years now. 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. How are their loan offers for cars/houses (future)? Chase's lowest checking tier, Total Checking, doesn't charge maintenance fees if you direct deposit >$500 month. Qualifying for the bonuses is straightforward. uncovered: Reddit CBD bank - THIS is the truth! Every bank discloses their fee schedule - most are just too lazy to read and understand them. Agree. 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. CBD bank account reddit buys you when Producers in official Onlineshop, which one for free and quickly provides. In this case is a expressly proven Opinion - not it is a pure Adoption. 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. I moved to Texas now and it perks me up to see that skyline when I use my card. You can find one-year rates at online banks higher than 1%. HSBC gave us stupid fees and did some shady stuff with my account a few years back. Chase Bank ranked second in last year’s national J.D. If you need cash from random ATMs, then Chase won't work. I have a credit card and a checking account with them. If you decide to open up a new checking account at Chase, you could earn up to $200. 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? With a savings account, you’ll pocket $150. 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. Chase Bank serves nearly half of U.S. households with a broad range of products. Do land lines exist anymore? 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. If Chase has ample convenient ATM and branch locations for you, go for it. I have 3 credit cards and two checking accounts. They're better than most when it comes to security, which is great. 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. 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. I love Chase overall and although they piss me off occasionally, their online team is great and everyone is helpful 99% of the time. Markets see it as a window into U.S. consumer spending and corporate sentiment. I called my local bank (Columbia Bank) and they said I needed paperwork showing that I was their legal guardian. 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". one of the branches near me even let's me take out in increments of $1. If you get an asshole, hang up and call back. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. 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. Not trying to sell this particular FCU but FCUs in general. Again, we keep over 300 in there so it isn't a problem (even if you can't, a recurring monthly transaction of 25 from checking to savings waives the fee - and you don't even have to keep it in there, once it's posted you can take it right back out). While your CX has been good. Every bank has their pros and cons. We also have a couple credit cards and an auto loan. Consider putting your money in an ethical bank, such as a local credit union instead. Chase’s base rate is the lowest you can possibly earn, at a 0.01% APY. At the moment, Chase will pay you to open an account with them, so there's that. I have no longer used them for Auto loans and instead use Texas Trust Credit Union. New money is defined as funds not transferred to You Invest from other Chase accounts or Chase affiliate accounts. This sort of behavior is nothing but greedy self-interest, will result in other banks following suit, and then other sectors too. 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. Is chase a good bank? By very few, I have complained once because the sapphire customer support line used to be direct to a person and now their is an automated system. 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. They also have a solid credit card lineup. If you already carry a Discover credit card, there are some nice features that integrate your card with Discover Bank. They are great with business accounts. 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 Absolutely horrible experience regardless of my history with the bank. Your looking at .01% vs .1% with Bank vs CU which doesn't compare to the 1.5%+ you'll get with an online. https://www.chase.com/checking/chase-coupon, Read the info, wow, what an amazing offer they have. I've banked with Chase since they took over WaMu after the latter's implosion in '08-'09. The View, that you can be the Taking of reddit CBD bank is very well. Unfortunately there is no right or wrong answer here. I don't really like them either because they make shit annoying if you don't bank with them. Is my experience common? Looks like you're using new Reddit on an old browser. What USAA offers to members. Between Chase, HSBC, and TD bank, I found Chase the best. While Bank of America is one of the largest banks in the U.S. with over 5,000 locations and 16,000 ATMs. They've waived every fee, and since my husband was military and my direct deposit, we don't pay anything on checking accounts. 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. 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.. I have always had a direct deposit going into the checking account so it was never a problem. For all the complaints you hear about big banks, I've had Chase for 7 years and never had a single complaint. Chase has a top-rated mobile app so it's easy to bank from anywhere. Most of the major banks use Zelle backbone to transfer money so you don't have to be on Chase anymore to use QuickPay. 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. 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. We also have a savings that we keep a couple grand in outside of out HY savings account with Discover. No fees for having multiple checking and saving accounts. I have my savings accounts with online banks since they offer a better rate, which is pretty universal. 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 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 am a college student looking for a good bank to use. Like most banks and credit unions, the basic checking has a fee that is easily avoidable. 3 years ago. Low fees, free credit card processing (2.9% but zero monthly and no minimums). Press question mark to learn the rest of the keyboard shortcuts. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Chase is the largest bank in the nation based on asset size. I'm considering my options. How to the Taking of reddit CBD bank impacts. JPMorgan Chase is the biggest U.S. bank by market value. I am trying to open a bank account for a few foster kids (age 13-15) that I am a Big Brother for. Press question mark to learn the rest of the keyboard shortcuts. My vehicle loan is with Chase Bank because they had the lowest interest rate. Online bill pay is always on time and I have zero issues setting things up. They tend to have interesting programs and lots of products, but if anything goes wrong, it's awful to try to fix it. 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. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge. Considering this was a one time problem, I didn't change banks over it. 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 $1,500 requirement to avoid that fee. The amount of interest you earn with chase is abysmal, fees etc... New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. Cash deposits can be done at local affiliates. If you have more than 500$ 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. Has anyone had really bad experiences with Chase? 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