Chase - JP Morgan Chase Bank, N.A. check cashing ripoff, bank scam, uncalled for fee's Mesa, Arizona

Yup!  That's how it works nowadays.

I'm old enough to remember when it was forbidden for an FDIC insured bank to charge a fee for cashing a check written against the bank-those days are gone.  The rules have been changed.

I too, have 2 small businesses.  Your recourse is:

1.  Don't accept personal checks.

2.  Pass the "check cashing fee" on to your customers.

3.  Deposit the personal check into YOUR business bank account.  Of course, if you do this, you risk a returned check fee if the check bounces as well as waiting for the "hold" to be released and the funds ACTUALLY transfered into your account.  I have a $40 returned check fee for any check that is returned to me unpaid for ANY reason.

4. Start accepting credit cards.

5. Demand cash only.

wow..they charged you 10% for cashing one of their own checks. This may be a new one as for my entire life since old enough to bank..I always cashed checks at the bank they are issued from if possible..and never heard of this fee before. I guess you could consider this a ripoff as it certainly qualifies as "being charged too much unjustly" in my humble opinion.

You might have been better off just depositing it in your bank..but since some banks take a year and a month to clear it..who knows..maybe you needed the money now.

according to the article, which can be 'Googled'- BANK EXECUTIVES PROFITING ON THE DEATH OF EMPLOYEES.

Yeah, I think what I will do in the future is either not accept a personal check or charge the customer a $10 "processing fee" for writing a personal check. It's terrible that people like myself have to do this but we aren't left much choice! I do computer repair jobs to make a little extra money for my family and yes, I did need the money.

The other point about the fee's I would incur if the check bounced are also very valid. Our account is with B of A who will charge you a fee if you sneeze!  

Misty wrote: "Our account is with B of A who will charge you a fee if you sneeze!"

You know those little counters that banks provide so you have a space to fill out deposit and withdrawal slips? Well I was standing at one of those counters at Bank of America and I sneezed. Before I could blow my nose on this old lady's sweater, this little gnome pops out from under the counter and says that there is a $20 fee for sneezing at the bank.

Fair enough, I did sneeze in the bank and wouldn't have had a problem paying the fee but do you know what they did? They resequenced that sneeze so that it was listed before the sneeze I did earlier in the parking lot. Can you believe that they actually had video of me sneezing in the parking lot?

Their little sneeze resequencing scam meant that I had to pay two sneezing fees instead of just one. I asked how they could possibly charge me two sneezing fees and wouldn't you know it - the gnome pulled out the terms and conditions and showed me where it said that they could do that. Does the bank really expect me to read the terms and conditions when iCarly is coming on soon?

Jerks. Count me in on a class action lawsuit.

I had another check which was written off of US Bank and when I took it in and cashed it today, there was NO FEE!!! I may look more in to US bank now....

Misty,

is available at the BANK OF AMERICA page of this site. It appears as an Update to one of the Ripoff Reports.

the truth is, that it is not illegal any more.  A lot of banks charge a fee to cash a check drawn off of them.  Take it to your bank to cash, oh wait, they "screwed" you too.  I guess the banking industry is out to get you.

Thank you edgeman for letting us know about this. We had better sneeze into our registers so they actually serve a useful purpose..and this way if they manipulate the time of legitimate sneezes in order to maximize sneezing fees that did have snot at the time of said sneeze..we can show them the boogered up register.

And then we can present the snot registers at the hearings..and show them how the online statement has re-sequenced the time of sneezes for the sole purpose of maximizing sneezing fees..it could work to our advantage.

And yes Edgeman..you can join the class action lawsuits..but bring plenty of Sudafed...it is going to be a regular sneeze fest.

Luckily due to all the complaints...congress is even getting into the game, and some banks have even voluntarily decided to stop re-sequencing sneezes..and to stop forcing over sneeze "protection" onto every one of their customers..imagine that?

Ok, SO I am pulling my money from chase. I wrote a check at 6pm last thursday. My payroll kicks in at midnight. Apparantly the vendor went to their bank, deposited the check. That check is the first to show up before anything else. There were ATM purchase that were made a day before that showed up after. So anyway, because the check was posted first, we overdrafted. How in the hell can a check be deposited AFTER the days close at 6pm and clear BEFORE the next day. So I argue my point and get the standard writted, canned responses. I told them, My mom works for a bank. I know for a fact they are putting bigger charges like that through FIRST so you intentionally overdraft. I think a class action lawsuit should be started. The government should have let these banks fail.

I have encountered a same issue with Chase. They allowed unauthorized charges to be processsed even after I have reported with them. They then collected mutliple transaction fees and overdraft fees. I contacted the claim department multiple times and was told that they will not proceed an investigation of these charges because I have dealed with the merchant once before. I tried to explain to them that I have not authorized any further charges since september. They now refuse to talk to me via email or telephone.

I filed a complaint of Chase with the Comptroller of the Currency Administrator of National Banks. I urge all of you who have issues with Chase or any bank to file complaint to this agency. Hopefully with enough complaint, they can proceed some actions to stop these criminal acts.