Chase Me Away From Your Bank

To attack (I meant to say attract) new customers, Chase is now charging $5.00 to get $20 out of one of their machines if you aren't a current customer. Now there is a brilliant trial promotion. Their CEO of banking says he feels good about it.

Chase's Pay $5 to get $20 scheme

In our book, Negotiate Anything!  Secrets to Make Companies Treat You Fairly, one of the tenets is when you have no other options with a business, "Do not reward bad behavior".   You need to switch to a competitor.  Chase is implementing one bad behavior after another.  These work against the consumers best interest.  


Here are some alternatives:

• Find another ATM with a lower fee. Do not reward bad behavior by Chase.
• Buy something from a grocery store (gum) and get cash back.
• Use free ATM's.
• Change banks... run from Chase.  Essentially they are giving consumers the finger (sorry to be so blunt).
• Heck, the money store or check and go's cost less than Chase.  Chase is the new bottom feeder.

Chase Is Elminating Rewards Points & Blaming it On The Government

Chase Eliminating Rewards From Their "Ultimate Rewards" Card

For a number of years, I've consulted with the 2nd largest global bank on card and other loan products -- many targeted at the sub prime market.  After several years of work, I was disgusted and haven't done any work with them since.