JPMorgan Chase Bank, N.A
Outrageous fees charged for overdrafts of $5-12. Fees multiplying many times

Business & Finance

Chase bank has been one of the worst banks that I have been involved in over the past 20 years. I have had overdraft protection for any account that I have ever had in any bank and had great success in being able to deal with errors (bank or my own) in resolving issues. I have even had good success with Bank One (now Chase) until the past year. I have been charged over $400 for small overdrafts of approx. $5.00 or even $11.00 - It has been outrageous what they charge and their inflexibility. It has usually been a timing issue with them allowing items to attempt to access my account. I even had to change checking accounts because of some fraud issues. The worst case of them charging fees was a $6.00 transfer that escalated into over $440 worth of fees and none would be refunded. I have shown proof of bank errors and also talked to several managers over a 3 week period of time for one small amount of $5.60 - they (Chase) would rather lose millions of dollars of investment business from my clients than refund the $fees over the past year. Nothing has worked. I would not recommend anyone to use their services ever. Bank of America was much better to work for any banking purposes. I would also recommend CitiBank or other state banks but never ever recommend Chase again. I sent hundreds of General contractors to do their business with Chase when I switched from my previous bank - I wish I never would have done that. They are the worst in rip-off scams. I hope this helps many people.


Company: JPMorgan Chase Bank, N.A
Country: USA
State: Utah
City: Salt Lake City
  <     >  

RELATED COMPLAINTS

JP Morgan Chase Formerly WAMU
Repeated $34 Overdraft Fees on a Two-Dollar Overdraft

Chase Manhattan
Extra ATM Fee Charged on Top of Other Bank's Fee

Chase Mortgage
Overdraft fees charged after largest transaction posted first

Chase Bank
Overdraft Alerts Arrive Too Late to Avoid Fees Despite Advertising

Chase / Bank One
Overdraft Fees Over $330 on Ten Debit Card Purchases

Chase Bank
Single Overdraft Split Into Multiple Overdraft Fees

Chase Bank
Large Fees and Poor Service Push Customer to Community Bank

Chase
Email Overdraft Alerts Arrived Days After the Fact

Chase Bank
Funds Held, Transfers Rejected and Random Fees Charged

Chase Bank - Bank One
Escalating Daily Overdraft Fees and Refused Account Closure