Chase getting more desperate for retail customers?

I received this mail from Chase recently

Chase mailer 1311

They previously offered just $150 for new customer accounts, are they getting more desperate?

Or perhaps just more discriminatory?  The small print on the back requires a minimum deposit of $15,000 and a minimum balance of $15,000 for 90 days, and the account must be open for 6 months.  Clearly they aren’t looking for low-end customers.

To put their offer in perspective, if I ONLY created a new account and left my $15,000 in there for 90 days to get the $200, and then closed my account after 6 months, I would be receiving about a 2.5% return.  Meh.  I can do better.

10 Comments

  • By JPMC Twitter Feed ARCHIVED, January 28, 2014 @ 6:16 pm

    Is it any wonder then why so many HONEST people offered such great, truthful and point-blank twitter responses to these dumbasses? Here’s an archived image which highlights some of the best JPMC tweets of 2013:

    http://imgur.com/gallery/JK0xC8r

  • By JPMC Diversity, January 28, 2014 @ 6:30 pm

    Here’s a TRUTHFUL image of a JPMorgan Chase “Diversity” interview panel:

    http://imgur.com/fIk58el

  • By Thandi Zulu Alexander, February 3, 2014 @ 6:37 pm

    I do not like what chase bank has done to me it’s a bad bank
    I had a credit card with chase bank 7 yrs ago. I got sick I went online using my checking account with my other bank and paid off the balance which was $900, my limit was $1000, I do not know what happen it did not go through my checking account and that day was my due date .I tried again and it went through I had $0 balance in my account with the chase credit card. After 5 days went to my chase bank account, I found late charges and yet I paid off my balance, I called them and asked why I was given late fees when I was a good customer for about 5 yrs never late. They said I need to pay it no matter what. Then I closed my account they stated charged late fees every month until today that was not fear after I paid in Full the balance I had. Please do not use chase bank it’s not a good bank.

  • By JPMorgan Chase Diversity Disgrace, December 7, 2014 @ 1:00 pm

    This is an honest and truthful depiction of “Diversity” at JPMorgan Chase. They love to throw this word around, shoving it in the faces of fellow employees who, quite frankly, are completely against it. Here’s a black, white, gay, hispanic / latino and asian at a group interview at JPMC:
    http://imgur.com/fIk58el

  • By patty, December 13, 2014 @ 2:31 am

    Marian at 201-441-9634 can explain the Cyprus style bail-in chase has planned and it is legal under the 2010 Dodd-Frank Act. Both congressmen promptly retired after passing this law. Your money at chase will disappear after a “bank holiday” up to 80% of it and this is all legal! Leandrea Bernstein of Larouche Pac read the entire 848 pages of this Dodd-Frank Act and discovered the bank bail-in clause.

  • By patty, December 13, 2014 @ 7:37 am

    A Chase bank bail-in is coming and this is why Chase is shoring up cash reserves. The bank bail-in is written into law under the Dodd-Frank Act by Barney Franks, alleged pedophile and Chris Dodd, certified traitor; both retired promptly after creating this traitor legislation. Leandra of Larouchpac read the 848 pages of Dodd-Frank Act and found the Cyprus style bank bail-in clause…be forewarned. Also, on webofdebt.com Ellen Brown, attorney is also warning of a bank bail-in.

  • By patty, December 13, 2014 @ 8:19 am

    support Glass-Steagall to protect your deposits at banks….this law supports the protection of consumer accounts and its repeal has led to the bank bail-ins and derivatives crisis.

  • By patty brey, January 30, 2015 @ 1:27 pm

    They are getting ready for a bail-in permitted by Dodd-Frank traitor legislation signed into law by two retiring traitor Congressmen in 2010 and this legislation permits Chase to dip into depositor’s (lenders) accounts and legally steal money to pay Chase’s bills…I couldn’t make this up!

  • By Phil, February 1, 2016 @ 10:41 am

    I responded to this offer. Normally, this kind of thing can be done online, but at Chase they value the personal experience, which means sitting in a branch for an hour and a half on a weekday. After opening the account I dutifully went online to transfer $15k from another bank. Chase’s online site doesn’t let you transfer this much. So I transferred it in two batches (probably causing them to report me for structuring.) Then they suspended my account for making suspicious transactions. Like trying to comply with the terms of the offer. Three calls so far, and an hour more sitting in the branch. Account access still suspended.

  • By ws, March 22, 2016 @ 7:45 am

    $200 for $15,000 for 90 days That’s 5.3%
    Try to get it, they’ll duke you into the Chase PLUS savings account requiring $15,000 minimum at all times now it’s 2.6% Meh.
    I don’t like crooks!

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