- Report: #310332
Complaint Review: JP Morgan Chase Bank - Tulsa Nationwide
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JP Morgan Chase Bank
www.chase.com Tulsa, Nationwide, U.S.A.
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JP Morgan Chase Bank Fee fraud and and selective timing of deposits Tulsa Oklahoma Nationwide
This banking company fee's you to death. This bank has held up deposits to generate NSF's or places holds on deposits in a non-consistant way. The debit card will decline for larger purchases such as gas stations, auto repairs, and medical ER bill if you have insuficient funds to cover it. Yet, the debit card will work every time when the transaction is less then $10.00 so that Chase can generate even more revenue from NSF's on the debit card. They also wait 5 -10 days before they will notify a customer they are overdrawn by the debit card. One great thing is that credit cards if your over your over it declines what is the deal with the banks and debit cards? Oh, I forgot fleece american that the common corporate goal.
Hard working american
Tulsa, Oklahoma
U.S.A.
Hard working american
Tulsa, Oklahoma
U.S.A.
2 Updates & Rebuttals
Mjenkins
Macomb,Michigan,
U.S.A.
This is in response to " Spending money you do not have is the solution"
#2Consumer Comment
Thu, June 12, 2008
You are apparantly not reading the entire complaint. We are not spending money that is not there. The money has already been deposited and should be posted to the account as is usual. But what Chase is doing is manipulating deposits so that there is no money to cover the debits that are coming through, to the tune of $35.00 per item. A nice little scam indeed. Hopefully the class action lawsuit will teach them a lesson and they will have to repay all of us the money that was literally stolen from our bank accounts.
Robert
Wallingford,Connecticut,
U.S.A.
Perhaps not spending money you don't have is the solution.
#3Consumer Comment
Wed, February 20, 2008
Nah. Then you have to be reponsible for your own finances. Why bother when you can spend the bank's money and then whine when you are charged for it. The bank doesn't overdraw your account, you do. If you were spending money that you have it doesn't matter when or in which order debits are processed. Banks usually hold deposits longer for those that overdraw their accounts on a regular basis. That would be you.
