Chase Bank warns It Will End Free Checking Accounts

Remote

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Dennis
None of those twitter profiles are helping Chase foot the bill on the money they lost with those customers who abuse overdraft fees

Get this performative BS outta here :camby:
Dennis Kelleher way way more than just some Twitter profile.
 

Schadenfreude

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Wells Fargo did it too . Had a free checking account because of the mortgage account with them and they just sent me an email said they charging 15 bucks a month now .

:patrice: Which checking account do you have? Because they don't charge $15 for any of their accounts (I have a Wells Fargo account) There's a $10 monthly charge on one of the checking accounts if you don't have a minimum of $500 a month coming in via direct deposit.. which isn't a horrible requirement.
 
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:patrice: Which checking account do you have? Because they don't charge $15 for any of their accounts (I have a Wells Fargo account) There's a $10 monthly charge on one of the checking accounts if you don't have a minimum of $500 a month coming in via direct deposit.. which isn't a horrible requirement.
Oh yeah you right I’m wildin . It’s 10 bucks . But if you have direct deposits over a certain amount or at least 500 in your account they don’t charge you . I always have over 500 in my account .

My chase account is where I get my direct deposit payments sent to so it’s free. Is that going to change ?
 

Absolut

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It’s wild how lawmakers only foresee one move ahead. Capped banks from fukking folks on fees, and don’t have the foresight to see what might happen due to the regulations. The companies pivot and pass the lost revenue to the masses, the masses get mad, and guess who they will blame? The legislation that passed :heh:
 

DonB90

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It’s wild how lawmakers only foresee one move ahead. Capped banks from fukking folks on fees, and don’t have the foresight to see what might happen due to the regulations. The companies pivot and pass the lost revenue to the masses, the masses get mad, and guess who they will blame? The legislation that passed :heh:
Oh the politicians know. They know if they do just enough to appear like they are for the people, when their masters(in this instance bankers) find another forseeable loophole to fukk ya over with, they can say "hey we tried to help look at the legislation." Then 15 years from now they'll pass a law about charging for checking accounts after the banks gorged themself for a decade and a half. The bankers(who were foretold about said legislation and probably had their lawyers help write it lol) will just find another foreseeable way to fukk ya and the circle continues

Its all in da game
 

Bubba T

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They are the ultimate in reporting record earnings year over year over year, then claiming poverty when it's time to pay it's employers below Managing Director and the investment bank, and claiming they're hurting and hit customers over the head.

That's how finesse works
 
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