Former WaMu free checking no longer free with Chase

It looks like Chase has finally done away with the free nature of accounts converted from former WaMu free checking accounts.

While catching up on caracol after returning of Thanksgiving, I found a Chase Bank letter telling me that my Chase Checking account fee (formerly Washington Mutual free verification) is now called total Chase as verification of 8 February 2011. Along with the new name comes-you guessed it! – a new $ 10 to $ 12 monthly service fee * unless I meet at least one of the following criteria: each statement period

At least one direct deposit of $ 500 or more, a daily minimum balance of $ 1500 or more, an average balance of $ 5000 in all Chase deposit accounts (checking, savings, CDs) and/or investment accounts with Chase Investment Services Corp., Pay $ 25 or more in qualifying account fees (not including this monthly service fee)

Back in April of 2009, indicated that Chase was converting WaMu free checking accounts and was keeping the important without monthly fees and no minimum balance. Well, that lasted about a year and a half.


  • By Darryl johnson, January 24, 2014 @ 5:54 am

    Im done with paying 12 dollars fees,there are banks with true free checking even if you dont have direct deposit,im switching to HUNINGTON BANK 100% free checking no strings and dont have to have direct deposit

  • By Darryl johnson, January 24, 2014 @ 6:01 am

    Capitalone also have a new checking account were you get interest on your checking account chase bank getting rich off the people,thats why I never open a savings account not going to pay for both

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