This will give you a warm, fuzzy feeling about Chase bank

[kap]

ztirffritz wrote:
... they took my money hostage and probably earned interest on it for 6 months.

Definitely!
One commenter, who works for the Social Security Administration, is still waiting to receive $10,000 check of tax payers' money from Chase. In the meanwhile, the damn bank is making interest on the money!

Wife kept a small balance in her checking account with WaMu. Chase took over and wanted to charge her a fee for keeping the balance below Chase's required minimum in addition to a monthly charge for not having a direct deposite checking account. Wife closed the account. Shortly after, she received a notice informing that she either deposite a large sum of money to meet the minimum balance of her IRA before the mature date, or face a stiff monthly fee. She decided to close the account and moved to Fidelity. She requested an electronic xfer. With a straight face the Chase CSR said, "We do not do electronic transfer." Ok. Fine. "I will do it myself" Wife politely responded. Uh-uh, not so fast! Chase charged Wife $75 for closing the account before the mature day!!! We are now with a local CU.

When we told Fidelity CSR of Chase's new policy regarding electronic fund xfer, imagine how surprised the rep was.