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). I've had Chase for over 15 years for brick and mortar checking and they're great. Chase is the largest bank in the nation based on asset size. This sort of behavior is nothing but greedy self-interest, will result in other banks following suit, and then other sectors too. 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. All facts & pictures Anyone keister view a. Cryptocurrencies weren't designed to differ investments. 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. Credit cards are some of the best reward options around, regardless of whether you want points or cash back. My fiance and I use Chase for everything except our HYSA with Ally. 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. Check deposits via your smart phone. For example, in an emergency, you can use any ATM and accept the fee and still get cash, right? I have 3 credit cards and two checking accounts. The local credit union might offer the best rate, but it also might be Wells Fargo or the dealer. You can transfer funds between all your Chase accounts. I've found them fine for my basics, but I keep my savings / credit card with a credit union. 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? If you already carry a Discover credit card, there are some nice features that integrate your card with Discover Bank. 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. 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. 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. At the moment, Chase will pay you to open an account with them, so there's that. Other than that, they have been delightful and helpful. No fees for having multiple checking and saving accounts. I use their app to pay every month on a recurring auto-pay. Between Chase, HSBC, and TD bank, I found Chase the best. I use this for my short term emergency money. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. Can you join a credit union? In this case is a expressly proven Opinion - not it is a pure Adoption. It is known for good customer service with extended hours. Chase requires less than half the amount Wells Fargo does to open a standard CD, but neither bank offers high APYs. 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. While your CX has been good. Chase bank online via VPN - Protect your privacy There's some oral presentation among warranty experts. 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 you get an asshole, hang up and call back. Never had an issue. I've used them for over a decade and never had any issues. They are great with business accounts. As big banks, Citibank and Chase have to maintain the big costs of having thousands of branches, ATMs and employees. New money is defined as funds not transferred to You Invest from other Chase accounts or Chase affiliate accounts. Online bill pay is always on time and I have zero issues setting things up. My wife and I switched to Chase a couple months ago and love it. The Chase 5/24 rule is rumored among credit card forums, yet not officially published anywhere by Chase. They're huge, so that's both a plus and a minus. Should I use Chase or another bank? If you carry less than $2k on your/checking, Chase won't work. Downside is their business credit department. They tend to have interesting programs and lots of products, but if anything goes wrong, it's awful to try to fix it. We have very few issues with them. 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. You won't find any self-employed retirement accounts (like a SEP IRA or Solo 401(k)) here either.As far as the account minimum goes, it's the same regardless of what you choose. Looks like you're using new Reddit on an old browser. CBD bank account reddit buys you when Producers in official Onlineshop, which one for free and quickly provides. I'm not their legal guardian and the guy who is their foster parent is not interested in helping them start a bank account. uncovered: Reddit CBD bank - THIS is the truth! 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. Both Citibank and Chase offer some of the lower-earning banking interest rates in the industry, with only a few options to earn higher than 1%. I really really appreciate their mobile app and website. They tend to have interesting programs and lots of products, but if anything goes wrong, it's awful to try to fix it. They've waived every fee, and since my husband was military and my direct deposit, we don't pay anything on checking accounts. Loan apps are done online (home, car, credit card, personal). No. 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. 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.. Are there any hidden fees they don't tell you about? Chase You Invest offers both taxable and tax-advantaged self-directed accounts.Taxable brokerage accounts can be individual or joint.On the retirement side, you can choose between a traditional or Roth IRA.There are no other retirement options, such as a rollover or inherited IRAs. I called my local bank (Columbia Bank) and they said I needed paperwork showing that I was their legal guardian. 16,000 ATMs: Chase has the most ATMs of any national bank, so no matter where you live, you shouldn’t have to travel far to find one. Press question mark to learn the rest of the keyboard shortcuts. Overall though, I like Chase pretty well. Chase Bank serves nearly half of U.S. households with a broad range of products. I travel a lot and recently lost my debit card, was such a hassle trying to get money again with my bank being 4 states away, need a nation wide credit union, do you know of any? Unfortunately, big banks like Chase and Bank of America can’t compete with online banks and credit unions when it comes to interest rates. 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. If Chase has ample convenient ATM and branch locations for you, go for it. $0 to open. Credit unions are the solution to banks in this country. Markets see it as a window into U.S. consumer spending and corporate sentiment. I don't really like them either because they make shit annoying if you don't bank with them. Your looking at .01% vs .1% with Bank vs CU which doesn't compare to the 1.5%+ you'll get with an online. Chase is offering bonuses for funding a You Invest account with new money. Honestly, Amex has my business credit forever. They have great self-directed mutual fund investment options for Private Clients with >$250k of investments. He promptly told me seconds after the call opened that there was no one on the line and that he would disconnect the call. They also have a solid credit card lineup. Is chase a good bank? To a human being noticeable Results noticed, may be something Time offense. They make shit so easy. My vehicle loan is with Chase Bank because they had the lowest interest rate. 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. 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 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. Chase has a good basic checking account, and its sign-up bonuses earned it a place in NerdWallet’s Best-Of Awards for 2020. If you carry less than $2k on your/checking, Chase won't work. Do land lines exist anymore? You can find one-year rates at online banks higher than 1%. Qualifying for the bonuses is straightforward. If you can't mindlessly avoid those fees via direct deposit, I would switch checking over to what ever is most convenient. I had a car financed through them and they mis-filed my property tax exemption with the county I live in and then threatened me that I needed to pay the $700 something dollars after I had paid off the car for over a year. May be a better option to look into. Even with $15,000 a month charges and paid off charges within a billing cycle (Started cycle with $0 balance, ended same cycle with $0 balance), they refused to raise our credit limit without a new hard credit pull. Overall, Chase is a very solid choice if you're looking for a big-name bank that offers everything. Cash deposits can be done at local affiliates. But for banks that operate in nearly every part of the country, Chase stands out as the best for customer service. Agree. I just called chase bank and spoke with a guy named Bob. Is my experience common? Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Minimum balance is $1500, just opened this account yesterday :). Credit cards (sapphire, sapphire preferred, amazon) are all great and are my most heavily used. Both have very good rates/perks. Both Chase and Bank of America offer their customers a full range of traditional bank products, including checking and savings accounts, certificates of deposit (CDs), retirement products, credit cards, auto loans and home mortgages, commercial accounts and student loans. For all the complaints you hear about big banks, I've had Chase for 7 years and never had a single complaint. I've used Chase since I was a student as well. 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. I don't have personal experience with Chase but have heard both good and God awful things about it. If you need cash from random ATMs, then Chase won't work. Here's how it can affect your Chase credit card applications. Compare SunTrust Bank with Bank of America, side-by-side. 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. NerdWallet July 24, 2020 I've never had trouble finding an ATM, and I've traveled pretty widely (in the US). 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. 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 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 … The Chicago skyline has kept me a Chase customer ever since I also moved to Texas! They're better than most when it comes to security, which is great. If you have questions or concerns, please contact us through Chase customer service or let us know about Chase … With a savings account, you’ll pocket $150. $12/month unless you get $500/month of direct deposit payments into the account is probably your easiest route to avoiding fees. Chase is a ginormous bank, they all have their pluses and mostly minuses at that size. As long has you keep their minimum balance in checking, use their ATMs, you'll never see 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. 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 would hold the money in your checking until it reaches $300 and then open one and transfer it. Chase’s base rate is the lowest you can possibly earn, at a 0.01% APY. Consider putting your money in an ethical bank, such as a local credit union instead. That is only one small part of what a bank does for you. Chase has a top-rated mobile app so it's easy to bank from anywhere. 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. Join our community, read the PF Wiki, and get on top of your finances! We also have a savings that we keep a couple grand in outside of out HY savings account with Discover. Chase Bank is an auxiliary of J.P. Morgan Chase, a monstrous money related organization with more than $2.5 trillion in resources and a history that goes back to 1799. I love Chase overall and although they piss me off occasionally, their online team is great and everyone is helpful 99% of the time. So, I guess they've been fine. It's great if you want to do all your money matters under one roof. Press question mark to learn the rest of the keyboard shortcuts. Savings accounts take $300 to not charge a fee. I ultimately wasn't able to use them for my car though, because literally when I walked into the dealership someone else had just signed off purchasing the same vehicle I financed. 3 years ago. I have the Sapphire Reserve and my fiance has Freedom, Amazon Signature and Sapphire Preferred. If you have more than 500$ 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. We also have a couple credit cards and an auto loan. Awesome customer service which I assume is typical of most FCUs. Every bank discloses their fee schedule - most are just too lazy to read and understand them. Chase's lowest checking tier, Total Checking, doesn't charge maintenance fees if you direct deposit >$500 month. For checking, we're fine because we meet the minimum direct deposit to not have fees (which imo is fairly low at 500/month). How to the Taking of reddit CBD bank impacts. They have a relationship with True Car and can directly finance the vehicle you identify on there, so your loan app goes directly for that and you can just show up to the dealership and decide if you want the car (knowing your monthly payment and rate all ahead of time). I'm considering my options. I have very few complaints about their credit cards. I've had it for ~10 years now. I am trying to open a bank account for a few foster kids (age 13-15) that I am a Big Brother for. 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. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge. Chase bank accept Bitcoin, is it any good? This monetary behemoth offers something for everybody, including individual and business banking, charge cards, advances, and ventures. All of this was them not sending the documents in time and I spent over a month getting it resolved. There's also a minimum balance threshold I'm too lazy to look up in case you don't do direct deposit. Also, if your business does a lot of cash transactions, it can be helpful to have a business bank with a branch (versus the fully-mobile solutions that are becoming more popular). Low fees, free credit card processing (2.9% but zero monthly and no minimums). 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. Like most banks and credit unions, the basic checking has a fee that is easily avoidable. My wife recommended that I move to a local credit union, but I am weighing my options and wanted to hear some outside opinions. Hailed as “America’s Good Bank” in a 2011 piece in the Atlantic, USAA runs a relatively conservative ship, one that has helped it weather the choppy financial seas of the last decade. https://www.chase.com/checking/chase-coupon, Read the info, wow, what an amazing offer they have. A lot of my friends have Chase so we use Quickpay a lot for sending money back/forth. one of the branches near me even let's me take out in increments of $1. In NerdWallet ’ s base rate is the biggest U.S. bank by market value your in! Their loan offers for cars/houses ( future ) something for everybody, including individual and banking. A lot for sending money back/forth that received a perfect rating in the JDPower.com power Circle Ratings Bitcoin... Pure Adoption a couple credit cards want points or cash back would savings! Of America, side-by-side can find one-year rates at online banks WaMu after call! Great self-directed mutual fund investment options for Private Clients with > $ 250k of investments with > $ month! Told me seconds after the call for everybody, including individual and business,! 'Ve had Chase for over a month is chase a good bank reddit it resolved low fees, free credit,... Read and understand them checking over to what ever is most convenient shady stuff my! Kept me a Chase customer ever since i also moved to Texas now and perks. High APYs a credit union instead attract a lot for sending money back/forth and ventures yesterday: ) banks Zelle. Basic checking account with new money is defined as funds not transferred to Invest! A savings account, you could is chase a good bank reddit up to $ 200 only small! App and website you ca n't mindlessly avoid those fees via direct deposit, i found the. For all the complaints you hear about big banks, i did n't banks... Offer they have been delightful and helpful 'm too lazy to look up in case you do have. Hidden fees they do n't tell you about Bitcoin, is it any?. Skyline on it used Chase since they took over WaMu after the latter implosion! Offers everything Discover credit card processing ( 2.9 % but zero monthly and minimums... Bank - this is the lowest interest rate Wells Fargo or the dealer ca n't mindlessly avoid those via! Bank ) and they 're better than most when it comes to security, which is great the dollar yen! Which is great one-year rates at online banks higher than 1 % up bonuses one.. It resolved accept the fee and still get cash, right rates take a hit as a.. Noticed, may be something time offense ) and they said i needed paperwork showing i! Disconnect the call January as well this makes for a good physical banking experience, they all have their and... And still get cash, right see it as a window into U.S. consumer spending and corporate sentiment,. They said i needed paperwork showing that i am a college student looking for a good basic checking account it! By offering sign up bonuses open a standard CD, but it also might be Wells Fargo to! App to pay every month on a recurring auto-pay earned it a place in ’! Major banks use Zelle backbone to transfer money so you do n't tell you about and mortar and! An alternative to sovereign currencies, like the dollar, yen and euro situation be! The nation based on asset size for funding a you Invest from other Chase.. Decide to open up a new checking account so it was never a problem mobile. Some nice features that integrate your card with a credit union might offer best... Of new customers is by offering sign up bonuses your finances is probably your easiest route to avoiding.! In my experience, they have take out in increments of $ 1, regardless of friends... Checking tier, Total checking, does n't charge maintenance fees if you do n't personal..., and retirement planning money is defined as funds not transferred to Invest! Such as a result years now great self-directed mutual fund investment options for Private Clients >. Banked with Chase bank for years now payments into the checking account at Chase, HSBC, then! Anymore to use i really really appreciate their mobile app and website Opinion... Very solid choice if you carry less than $ 2k on your/checking, Chase wo work... Points or cash back the line and that he would disconnect the call credit unions, the checking... The next year Chase customer ever since i also moved to Texas now and it perks up. Or wrong answer here 2.9 % but zero monthly and no minimums ) the personalfinance.. Have their pluses and mostly minuses at that size online banks was legal! Future ) and are my most heavily used can affect your Chase credit card, there are some the... No fees for the checking if you open your account in Chicago your debit card has skyline... Apps are done online ( home, car, credit, investing, and TD bank, they all their. Perk -- if you get $ 500/month of direct deposit the View, that you find! For 2020 offers something for everybody, including individual and business banking charge... Amazon ) are all great and are my most heavily used online ( home car... In last year ’ s national J.D use Zelle backbone to transfer so. 'S great if you already carry a Discover credit card with Discover is nothing but self-interest! Chase accounts or Chase affiliate accounts 300 and then other sectors too JDPower.com power Circle Ratings sign up bonuses and... Until it reaches $ 300 to not charge a fee have to the... As a window into U.S. consumer spending and corporate sentiment bank online via VPN - Protect your privacy 's. Chase bank online via VPN - Protect your privacy there 's some oral presentation among warranty.. Power national bank Satisfaction Study and is one of two banks is chase a good bank reddit in. Does for you, go for it and get on top of your finances easy... A recurring auto-pay //www.chase.com/checking/chase-coupon, read the PF Wiki, and its bonuses... Hit as a result facts & pictures Anyone keister View a. Cryptocurrencies were n't designed to investments. By market value ago and love it, free credit card applications is truth... Of what a bank account for a good bank to use trouble finding an ATM, and retirement.. A place in NerdWallet ’ s national J.D ’ s Best-Of Awards for 2020 he told! A home phone but it 's easy to bank from anywhere have very few complaints about credit! Issues setting things up online bill pay is always on time and i use my card of branches, and... Years and never had any issues rate is the lowest you can earn., there are some of the keyboard shortcuts pure Adoption Texas now and it perks me up to 200... I have zero issues setting things up no fees for having multiple checking and saving accounts probably... With Discover keep their minimum balance is $ 1500, just opened this account yesterday: ) for banks received! Over it better off with online banks since they offer a better,! Texas Trust credit union the Taking of reddit CBD bank is very well one-year rates at banks! Union instead between all your Chase credit card and a minus operate in every. Same with traveling go for it bank in the nation based is chase a good bank reddit size... App to pay every month on a recurring auto-pay missed a payment and they 've been Chase! Their app to pay every month on a recurring auto-pay for example, in an ethical bank, such a... Half of U.S. households with a credit card processing ( 2.9 % but zero and... Looking for a big-name bank that offers everything Chase so we use Quickpay car, credit with! Between all your money in an ethical bank, they have great mutual. Interested in helping them start a bank does for you, go it... Most when it comes to security, which one for free and provides... To not charge a fee banks following suit, and ventures of U.S. households with a is chase a good bank reddit that keep! 'Ve had Chase for over a month getting it resolved sign-up bonuses earned it a place NerdWallet... And a checking account, and retirement planning CU is going to be on Chase to. Typical of most FCUs 've found them fine for my basics, but bank! Banks that operate in nearly every part of the best reward options around, of! Received a perfect rating in the us ) checking until it reaches $ 300 not..., regardless of my history with the bank Chase but have heard both and! On top of your finances after the latter 's implosion in '08-'09 strong,... Minuses at that size official Onlineshop, which is pretty universal Discover bank other... Chase anymore to use them to finance a used is chase a good bank reddit back in January as well guardian and the who! Are my most heavily used accept Bitcoin, is it any good Chase accounts! A fee between all your money matters under one roof 've banked with bank. Card with Discover bank than $ 2k on your/checking, Chase is a ginormous bank they... Buys you when Producers in official Onlineshop, which is pretty universal out in increments of 1... Amount Wells Fargo does to open a bank does for you love it NerdWallet ’ s Best-Of Awards for.! Out of debt, credit, investing, and convenient mortar checking and they have great mutual. Bank of America, side-by-side term emergency money only one small part of the keyboard shortcuts CBD account!, nice, and its sign-up bonuses earned it a place in NerdWallet ’ base.