CHASE BANK (WAMU) – $12 FEE FOR FREE CHECKING ACCOUNTS

147
signatures
By: stoney
On: December 12th, 2010

CHASE Bank (Formerly Wamu) has sent notices to all of its customers informing them of new changes/fees taking place in the new year.

If you currently have a “FREE CHECKING” account, it will no longer be “FREE” unless you meet the following criteria:

A monthly direct deposit of $500 or more OR a miniumum daily balance of $1500 or more OR $5,000 or more in an investment account.

If you DO NOT meet any of these criteria, your account will be billed a monthly $12 FEE.

All “Chase Free Checking” acounts will be renamed “Chase Total Checking”

I feel this is absurd. I signed up for FREE checking, so I dont understand how they can have the audacity to change the rules.

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147 signatures

stoney dae
I have created this petition. Please support it by adding your signature.
Groubal Founder
Groubal supports your complaint about CHASE! We STRONGLY suggest you email the link (to your groubal petition) to everyone you are connected with and ask that they sign it and support you.
Mila
I agree. They should be ashamed. I will definitely be closing my account before the changes take effect.
Austin
I will be closing my account there very soon. A petition is good, but your money is the real vote - vote with your feet and march out of there.
Michelangelo Pugliese
No comment
Laura
I think it's ridiculous that in a tough economy the answer that chase found was to penalize the poor for being poor. Not cool at all. I will be closing my account with them before 02/08/11.
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Majic
I was hoping this wouldn't happen. I have had GW / WAMU accounts in 1992. Chase's conversion of the free accounts was planned, so that the general user would not notice or complain (or feel that the fees were inevitable).
Chase is now added to my list of Greedy SOBs, along with AT&T and HP. Bye Bye
Steph in Jersey
I have been wanting to change my banking anyway...the "bank local" idea caught my attention last spring. I guess this will now force me to really make the change. Smaller banks have better service.
Although, I am also thinking of ING's e-banking...not sure if I can handle the idea of not having a brick and mortar building to walk into.
Mirell
No comment
Nicole
If they dont change this i will close my account i am a student and my balance may get a little low from time to time . This isnt far
Adrian
new changes to free checking is a rip off. I will be changing my account soon.
Sean Mc
They are no honoring an agreement.
Emily M
I've been with chase since it was Bank One and I am disgusted with this change. After all of these years I will have to find a new bank.
talia
- i have direct deposit and they are still charging me!
Matthew Scaduto
Chase received $25billion in bailout money. The largest bailout to all the banking firms. Where did that money go?
dollylori
I am also closing my account today. Total rip off. I'm going to my Credit Union for all my banking now.
A. Kamau
No comment
t.mitchell
I used to work for wamu and was there when changed to chase, i was excited of the new offers for cust, but so unhappy wiht now being charged, they are upset they cant charge the over draft fees like they used to anymore so to make up for it they are going to charge for free checking, we were grandfathered in.....i am closing my acct out. all of them , credit cards also.
Danica
No comment
Brian G.
What a joke. So much for free checking. Anyone know any other big bank that still has ACTUAL free checking?
Steven Gary
ON A LIMITED INCOME i CANNOT AFFORD 12 DOLLARS A MONTH.tHIS NOT FAIR AND DISCRIMINATORY AND OFFENSIVE TO LOWER INCOME PEOPLE.i WILL END MY 13 YR CHECKING ACCOUNT WITH CHASE
Frank Solis
No comment
Weston Boucher
No comment
stan Liu
try US BANK or WELLS..they have some other options!
Chase_Blows
Closed all accounts there yesterday. Rude employee didn't like it. Go to Schwab Bank, no fees or tricks, FULL ATM REBATES with no minimum balance too! That's what we did. Or use US Bank, they still have free checking.
Faruk YAZICI
I have been using my Free Checking Account thank to my studentship. They started charging $6 Monthly Fee on August,2010. When I asked about it, I was told that I am not accepted as a student anymore.
They asked to visit a branch and show my student I.D. They also deposited the amount of $18 back.
darryn cooke
i really think most banks suck.
venkat
This is just rip up. I was away for 2 months. They changed my account to better banking account and withdrawn $19 left in my account. I am too angry.

What to do?
Private Signer
No comment
Rob
I remember opening up my basic checking account with them when they were bank 1. I never received any notice about this 12 dollar charge til I saw it today in action on my statement. I'm disgusted with Chase. I'm leaving them asap. I know they will be going down after this month from everyone leaving.
i hate chase
i signed up for free checking , what a rip off
Jessica
No comment
Ariane Tucker
I opened a free checking account as an employee of bank one years ago. I would not have been able to meet these requirements even as their employee! This is predatory and discriminatory. I closed my account today.
Private Signer
No comment
jay jay
Yes I called chase today and they assured me they would take care of the 12 dollar fee this time. This is crazy that my bank is charging me. I have direct deposit but you must have 500 dollars per direct deposit. I've been with them for 18 years and I think it's time I switched.
Private Signer
Totally gave them 2grand before that change, have not gone under that, and still got charged the monthly fee. I'm done.
Iris Delgado
What a BUNCH OF CRAP! I have two accounts and they tried to charge me $12 on the one that does not receive a qualifying direct deposit. WTH? They should have the rule where if one account receives a direct deposit, ALL ACCOUNTS should be exempt from the service fee.

With these banks in control, we are not a "country," but SHEEPLE who get shaved and fleeced at whim!

LET'S ALL SWITCH BANKS!!
Monika
AS A STUDENT WITH A LIMITED INCOME i ALSO CANNOT AFFORD 12 DOLLARS A MONTH. HIS IS NOT FAIR I GOT CHARGED $108 (9 TIMES $12) BY MAKING MORE THAN 3 WITHDRAWS FROM ATM A MONTH ON SAVING ACCOUNT PLUS $36 ON CHECKING ACCOUNT (3 TIMES $12) EACH MONTH $12. I ALSO NEVER RECEIVED ANY NOTICE ABOUT $12 CHARGE TIL I SAW MY ACCOUNT ONLINE. I AM DISGUSTED WITH CHASE. I WENT TODAY TO CLOASE THE ACCOUNT AND I CANT BECAUSE I AM MINUS $12 ON MY ACCOUNT FROM THEIR CHARGES FEES!!!! THAT IS RIDICULOUS!!!! YES, LET'S ALL SWITCH BANKS!!
Marie Samuelson
No comment
Cassandra Gaylor White
horrible
Diane B.
I was checking my account balance online and discovered that Chase charged me a $12.00 service fee in addition to the $6.00 monthly fee I already pay for the "free" checking. I am so pissed at this point, because I choose not to do direct deposit or have $5,000 a month in my account you feel I should give you $12.00? Where is the logic in that ? I'm only with Chase by default because my original account was with Washington Mutual but since they merged....... I've been telling myself for the longest to open an account with a credit union, but this has really put the fire under me to do it NOW!!! Hope others get fed up and do the same.
Claudia Caballero
I don't know how to feel about this, I as very happy with this bank until today :( I guess I have to close this account.
Private Signer
Yeah, since the change (which I hadn't noticed), I just went below the $1500 mark last month. Charging me because I don't provide them with enough collateral to invest elsewhere? In some ways it seems fair, but because I didn't agree to it when I signed up, it IS unfair to just change the rules halfway through the game. I'm in the process of finding another bank.
monica catusanu
No comment
Lindsey
Unbelievable!! I have had this bank forever.. I had been noticing the charge the past couple months. I figured it had to do with a new mortgage payment with a different bank. Good to know, know I can switch banks!!!!
Liz from jersey
Disguesting, didn't we bail them out? Now this crap. I miss Wa Mu
Yi
No comment
Charles Romero
No comment
Mak Chol
No comment
Art Riley
It's just sounds unheard of that i have to pay money to keep my money in a bank. The money i have in there just isn't enough. How much more greedier does the banking system need to get. Certainly, is a nice world we live in now.
Angelika Linke
Unbelievable! I am German married to an U.S. citizen. I will close my account as soon as I am allowed back into your 'land of all possibilities' awaiting my U.S. Visa for 2 years now!
Elanie Webb
Iam a student and wait tables for a living. I will never have direct deposit of that amount since i am paid in cash. I have had this account since 2004 and i was charged $12 this month. This is completely discriminatory towards certain careers and financial class!!
Jason
i just noticed this $12 fee myself today, Im changing banks first thing monday morning, what a frigin ripoff, Chase receiving 25 billion in bailout and raping customers like this..... they can GTFO
Kimmesha
Exactly! I signed up for FREE checking now they want to pull this crap! I am closing my account soon. They are ridiculous!
Ct
Pisses me off. I think I'm going to cancel. $12 fee for something I barely use. This is insane.
martin bonds
No comment
Salim
all over the world the bank pays you interest on your money even if its checking or at least they don't charge you anything except for us here... Chase was doing good untill that stupid idea to charge the poor 12 dollar fee.... NO MORE ia m closing my account
david hustlehoes
No comment
julie jarrett
No comment
Tenaj Fontus
Seriously about to close my account and go elsewhere, I'm tired of getting 'washington'd" and "Hamilton'd" out of the money that I have sitting with them...
Shawn Knight
Not only are we being penalized for struggling financially with our checking accounts but Chase bank has also started charging $3.00 per withdrawal from our savings account, after 4 free withdrawals, something that we were never charged before...any activity, even automatic bank transfers between accounts are considered withdrawals. What they are doing should be against the law! Chase bank and Wells Fargo both gouge the unemployed and financially struggling. They charge fees on unemployment debit cards, keep monies that do not belong to them, when the balance is low on thoses cards. We plan to move to a credit union, as soon as possible. If enough people pulled their hard earned monies out of these greedy banks, maybe they would revert back to old policies. Best case scenario would be that they go out of business, due to their overwhelming greed! They should be brought up on charges for unfair business practices and for taking advantage of the poor and struggling people of this country!
Ridiculous
No comment
Michelle L. Kimbrough
Just another way to make a buck, at our expence!!
ceegee
Opressors.Got student loan and is trying to save it to cover my school expenses. Chase depletes it by 12 dollars every month and I still have to repay my loan.
Sonia
Where's the FREE in free checking if there are conditions?
Lisa LaFrance-Poirier
I miss Wamu so much. chase sucks. Ive was with Wamu for 16 years and never had issues and now lets just say I have big issues with Chase. Very unprofessional Banking institution!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
John garza
No comment
Juana
Its not fair we signed up for free cheking accounts and now after so long of beeing with them we get charged..
jodie Rutledge
I think it's wrong
Dan
Greed is defining our society. It must be stopped!
Private Signer
I have multiple accounts at your bank. If you would like to keep me as a customer, stop charging loyal customers fees.
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That adedrsses several of my concerns actually.
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Taylor
Where did they come up with $12 anyway? I imagine it came from a wall filled with pieces of paper numbered from 10 to 20. A blind folded fat cat Chase banker threw a dart at the wall and hit 12.
Valenda
No comment
ED
what a rip off.... charged me $12 cuz my balance went under 1500 for 1 day,what a bunch of crap.I'm closing my account
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this exactly happened to me running up to chase now to close the account. woke up this morning to "your account is overdrawn."
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This is so ridiculous! Free checking is what I signed up for, they're making their money without nickle & diming the people who don't make as much money!
Jane W
I went into my local Chase branch to protest the monthly fee, the $8 fee for a bank cheque and the loss of other WAMU grandfathered benefits. The Manager said "You didnt really expect to hold us to that did you?" WELL YES!!!
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Private Signer
I had an online only account that used to be Free, but when they changed it from a WAMU account to Chase account, they started charging me. Now one year later my account is almost dry. Trying to get my money back now!!!
Private Signer
I haven't been with Chase for very long but,I did not know this my mother and a bunch of other pple kept telling me how great chase is,and I was in the hospital I had just woken up from a diabetic coma and my wife and children were in need of money desparetly and my wife couldnt cash my unemployment check,but Chase was amazing they sent someone out to the hospital and i was allowed to set up an account right then and there they allowed my wife to come in and get a temp card,see we arent married but have been together for 21yr's,so they were very helpful and amazing to me and my family and have been since.
Kyle
I was just charged this ridiculous fee & it gave me a negative balance of -$11.82!!! I have been unemployed & struggling. Every penny counts. I am a single father of 2 daughters & the mother hasn't been paying her court ordered child support
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I hope this is resolved. Unfortunately I had no money deposited into my account for quite a while causing a negative balance because of this fee. They at least should warn you or only charge once you deposit more than 12
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