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Chase Manhattan Bank

reviewed by excelsior30

excelsior30
10/26/2009

Chase Manhattan Bank 1

Just opened up an account today, and if you don't believe what was seen below, believe me.
I have heard last week that they are offering no monthly fee WaMu basic checking until the WaMu divisions are fully integrated into Chase. Today, October 26 was the last day. I did ask for that type where they will waive a first overdraft fee for a year and no monthly fee- it did not happen. I have seen specifically that in the basic checking that I have right now, they will require me to have that account for 90 days, but in the meantime, to avoid a $6 monthly fee, I have to make 5 puchases from my checking account FROM MY ATM CARD ONLY-CHECKS DO NOT COUNT AND IT WILL NOT COUNT DEPOSITS!

I did choose this bank to think that I will have some access to branches in the east coast and thought that the dissolution of Washington Mutual was a good thing- how naieve I was, and what crooks they are towards a person making less than $3000 a year! After those 90 days are up, I won't bank there again even if I do have a good paying job and it has more locations & covers more states than the one I have-they're FORCING me to spend! ):-(

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Lena commented 37 days ago.
What an intentionally strange and inconvenient policy.

excelsior30 commented 37 days ago.
I have no choice because I will vacation to a place that has branches in the east, in the long term, it is a bad bank. There are monthly fees in nearly all the checking accounts they offer. I would have wished to say no to them while I was at the table.

Lena commented 37 days ago.
Ugh...I haven't changed banks in a really long time. Your review make me happy I haven't needed to...I had a short-lived student account in college with PNC Bank, and they tried to pull this kind of arbitrary hidden fee nonsense too. I closed the account the moment my normal bank entered that market.

Best of luck finding a new one when you can!

excelsior30 commented 37 days ago.
Thank you for that wish.
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By the Numbers