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.