- Report: #845181
Complaint Review: J P Morgan Chase Bank
Related Reports
Featured Ripoff Reports
Ripoff Reports
Ripoff Report on CBS 19
Ripoff Report on CBS 19 - Global Marketing Alliance
Ripoff Report on ABC 15 - Smart Shopper
Ripoff Report - Girls Gone Wild
Ripoff Report on Fox 11 - Car Repair
Special Features
-
Doctored Reviews is designed to help patients, doctors, and websites understand the problems created by Medical Justice, a company trying to restrict online patient reviews, and to offer some ways that let patients freely talk about their healthcare experiences. -
The government should serve voters, not corporate special interests. Public Citizen works to empower ordinary citizens, reduce the influence of big corporations on government, open the government to public scrutiny, and hold public officials accountable for their misdeeds. -
WHAT YOU NEED TO KNOW ABOUT THE BBB: NOT a government agency as listed in your local phone book. Instead the BBB is a private non-profit / franchise operation. 20/20 exposes the BBB, Hamas Terror Group Gets 'A' Rating - BBB is running a "pay for play" scheme.
| J P Morgan Chase Bank
Internet United States of America |
J P Morgan Chase Bank Chase Bank, Chase Mobile, Chase, JP Morgan Chase, JP Morgan, Chase what matters Chase "Quick Pay" isn't quick or pay. Internet, Internet
*Consumer Comment: Renee,
*Consumer Comment: Sphnx87,
*Consumer Comment: Sphnx87,
*Consumer Comment: Sphnx87,
*Consumer Comment: How about fraudulent mortgage practices and fast foreclosure
*UPDATE Employee: True but.
*Consumer Comment: Sphnx87,
*UPDATE Employee: Ok ok
*Consumer Comment: Sphnx87,
*Consumer Comment: Does just as promised.
*Consumer Comment: Renee,
*Consumer Comment: CHASE SUCKS POEM...
Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™
Even between Chase held accounts, a new service heavily advertised by Chase, called "Quick Pay", can take a full business day to credit the recipient's account. This would be less than QUICK on a Friday.
Transfers can take up to 5 business days between different banks. This doesn't include the required FULL PC registration required prior to initiating a transfer. (Mobile registration isn't allowed.)
So, if you want to be TECH SAVVY and pay someone for their services with your cell phone, you might want to use it to call your bank and find your nearest ATM, and run and get the cash, (if you want the recipient to have access to the funds anytime soon.)
The insult here is this. The GIVER'S funds are IMMEDIATELY deducted, and recipients' accounts (even CHASE accounts, linked to the Quick Pay registration) aren't even PENDING a deposit, so overdraft fees could add up while waiting for this Quick Payment. It would seem to me that Chase (while claiming that the service is free) is burying the fee in day-to-day interest accrual while holding the funds in 'no man's land' limbo.
Sometimes "Old School" is still the best school. Write a check, (the recipient could take a picture of it with their phone and deposit that, at least it would show as 'pending') or carry cash.
There are a few possible applications where this would live up to the advertising. Both giver and recipient would be registered from home and have Chase accounts. Amounts would need to be smaller than the 'verification required' threshhold and on a business day. Okay? So, go ahead, buy your already registered, Chase account holder associate lunch already, what are you waiting for?
Transfers can take up to 5 business days between different banks. This doesn't include the required FULL PC registration required prior to initiating a transfer. (Mobile registration isn't allowed.)
So, if you want to be TECH SAVVY and pay someone for their services with your cell phone, you might want to use it to call your bank and find your nearest ATM, and run and get the cash, (if you want the recipient to have access to the funds anytime soon.)
The insult here is this. The GIVER'S funds are IMMEDIATELY deducted, and recipients' accounts (even CHASE accounts, linked to the Quick Pay registration) aren't even PENDING a deposit, so overdraft fees could add up while waiting for this Quick Payment. It would seem to me that Chase (while claiming that the service is free) is burying the fee in day-to-day interest accrual while holding the funds in 'no man's land' limbo.
Sometimes "Old School" is still the best school. Write a check, (the recipient could take a picture of it with their phone and deposit that, at least it would show as 'pending') or carry cash.
There are a few possible applications where this would live up to the advertising. Both giver and recipient would be registered from home and have Chase accounts. Amounts would need to be smaller than the 'verification required' threshhold and on a business day. Okay? So, go ahead, buy your already registered, Chase account holder associate lunch already, what are you waiting for?
Click on image to enlarge:
This report was posted on Ripoff Report on 02/27/2012 07:36 AM and is a permanent record located here: http://www.ripoffreport.com/r/J-P-Morgan-Chase-Bank/internet/J-P-Morgan-Chase-Bank-Chase-Bank-Chase-Mobile-Chase-JP-Morgan-Chase-JP-Morgan-Chase-w-845181. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.
Click Here to read other Ripoff Reports on J P Morgan Chase Bank
Search for additional reports
If you would like to see more Rip-off Reports on this company/individual, search here:
Search Tips
Feel free to give us an update to your Ripoff Report when you have time. Thanks.
Respond to this report!
What's this?
Did you happen to type in 284134 at this website and read what is posted in Consumer Comment #1 at Ripoff Report #284134?
FACT: Ten months after that consumer comment was posted at this site, Lehman Brothers collapsed and the stock market crashed. On September 29, 2008, the Dow Jones lost a record 777 points and the financial system in the USA had to be bailed-out by the American people. Several large corporations were also on the verge of collapsing, including General Motors, Chrysler, AIG, Freddie Mac, and Fannie Mae. You can 'Google' this- FRONTLINE: INSIDE THE MELTDOWN, and watch that documentary on the web for proof.
Have a great weekend!
FACT: Ten months after that consumer comment was posted at this site, Lehman Brothers collapsed and the stock market crashed. On September 29, 2008, the Dow Jones lost a record 777 points and the financial system in the USA had to be bailed-out by the American people. Several large corporations were also on the verge of collapsing, including General Motors, Chrysler, AIG, Freddie Mac, and Fannie Mae. You can 'Google' this- FRONTLINE: INSIDE THE MELTDOWN, and watch that documentary on the web for proof.
Have a great weekend!
Respond to this report!
What's this?
Question: Why didn't the CEO of JP Morgan Chase alert the American people about the coming collapse of the U.S. economy and the stock market crash back in the summer of 2007?
Respond to this report!
What's this?
You can 'Google' this- FRONTLINE: MONEY, POWER AND WALL STREET, and watch that documentary on the web in order to learn that employees who worked at JP Morgan were the ones who came up with and introduced 'credit default swaps' and 'derivatives' into the market several years prior to the collapse of the system in September of 2008.
Did you know that there were $595 Trillion in credit default swaps and derivatives in 2007? Feel free to 'Google' this- FRONTLINE: THE WARNING, and watch that documentary on the web and you'll hear about it.
Try to imagine a pile of cash that contains $1 Million.
Now try to imagine one million piles of cash that each contain $1 Million.
That's $1 Trillion.
Now try to imagine 595 million piles of cash that each contain $1 Million.
That's $595 Trillion!
*That's the amount of 'credit default swaps' and 'derivatives' that there were in 2007, and we can logically conclude that there are even more today. Keep in mind that the entire annual global economy is around $70 Trillion. It means that the banks have created an 'artificial economy', operating in secrecy, that is over eight times larger than the Gross Domestic Product of the entire world.
WELCOME TO THE PUBLICLY HELD BANKING SYSTEM IN THE USA & EUROPE- WE CREATED AN ARTIFICIAL ECONOMY THAT IS OVER EIGHT TIMES LARGER THAN THE GROSS DOMESTIC PRODUCT OF THE ENTIRE PLANET AND IT IS JUST ONE OF THE MANY REASONS THAT WE WERE LABELED 'TOO BIG TO FAIL'
Did you know that there were $595 Trillion in credit default swaps and derivatives in 2007? Feel free to 'Google' this- FRONTLINE: THE WARNING, and watch that documentary on the web and you'll hear about it.
Try to imagine a pile of cash that contains $1 Million.
Now try to imagine one million piles of cash that each contain $1 Million.
That's $1 Trillion.
Now try to imagine 595 million piles of cash that each contain $1 Million.
That's $595 Trillion!
*That's the amount of 'credit default swaps' and 'derivatives' that there were in 2007, and we can logically conclude that there are even more today. Keep in mind that the entire annual global economy is around $70 Trillion. It means that the banks have created an 'artificial economy', operating in secrecy, that is over eight times larger than the Gross Domestic Product of the entire world.
WELCOME TO THE PUBLICLY HELD BANKING SYSTEM IN THE USA & EUROPE- WE CREATED AN ARTIFICIAL ECONOMY THAT IS OVER EIGHT TIMES LARGER THAN THE GROSS DOMESTIC PRODUCT OF THE ENTIRE PLANET AND IT IS JUST ONE OF THE MANY REASONS THAT WE WERE LABELED 'TOO BIG TO FAIL'
Respond to this report!
What's this? #5 Consumer Comment
How about fraudulent mortgage practices and fast foreclosure
AUTHOR: Amanda O - (United States of America)
SUBMITTED: Sunday, February 24, 2013
Chase Bank decided to break federal laws and used my childrens social security to try and secure repayment for my home, and nevermind once; they did it twice! Tried to hold lender accountable, and they did a fast foreclosure. Then we were told by the homeowners assistance banker they denied us our remod because we did contact lawyers. Lawyers were a scam as well. Keep your house chase or USDA, because all of you are criminals. I HOPE YOU DISCLOSE TO THE BUYERS ABOUT THE MOLD! Shoddy builders, cheap. I know I have to take this one, but one day you may mess with deeper pockets. Too bad that isn't me.
Regular banking is keeping track of your purchases, their banking has always been fine, just don't use them for financing a home
Regular banking is keeping track of your purchases, their banking has always been fine, just don't use them for financing a home
Respond to this report!
What's this? #6 UPDATE Employee
True but.
AUTHOR: sphnx87 - (United States of America)
SUBMITTED: Sunday, February 24, 2013
Your leaving out the fact that JPMorgan were SOLVENT, the TARP funds were not needed, it was "forced" upon by the Fed, FDIC, and Treasury. The intention of the JPMorgan using the funds was to loan it back out out. In addition all $25B was repaid.
However im not sure what your comments have to due about the complaint. Futhermore, JPMorgan and others are FOR PROFIT companies, consider that 25% to 40% of checking accounts at the big four banks are money losers. Banks used to make money from those unprofitable checking accounts is through debit card swipe fees and/or overdraft fees. Regulations like the CARD Act and Durbin Amendment have dramatically shrunk the revenue from those activities. BANKING IS NOT FREE, but there are ways to waive or avoid almost every fee that you can be charged.
However im not sure what your comments have to due about the complaint. Futhermore, JPMorgan and others are FOR PROFIT companies, consider that 25% to 40% of checking accounts at the big four banks are money losers. Banks used to make money from those unprofitable checking accounts is through debit card swipe fees and/or overdraft fees. Regulations like the CARD Act and Durbin Amendment have dramatically shrunk the revenue from those activities. BANKING IS NOT FREE, but there are ways to waive or avoid almost every fee that you can be charged.
Respond to this report!
What's this?
A documentary 'documents' events that actually happened. Many of us know that the financial system in the USA collapsed back in September of 2008 and several large Wall Street corporations collapsed and had to be bailed-out with taxpayer's money from the TARP. Since it happened, it is true.
Many of us know that oil prices went up to $147 a barrel in the summer of 2008, prior to the 'meltdown', and we all know that gasoline prices went over $4 a gallon in the USA and diesel fuel prices were around $5 a gallon. Since it actually happened, we know that it is true.
*These are facts. They cannot be disputed because they happened. They have been documented.
Have a great day!
WELCOME TO THE PUBLICLY HELD BANKING SYSTEM IN AMERICA- ONE BIG FAILURE THAT IS BEING EXPOSED ON THE WORLDWIDE WEB EVERY DAY
Many of us know that oil prices went up to $147 a barrel in the summer of 2008, prior to the 'meltdown', and we all know that gasoline prices went over $4 a gallon in the USA and diesel fuel prices were around $5 a gallon. Since it actually happened, we know that it is true.
*These are facts. They cannot be disputed because they happened. They have been documented.
Have a great day!
WELCOME TO THE PUBLICLY HELD BANKING SYSTEM IN AMERICA- ONE BIG FAILURE THAT IS BEING EXPOSED ON THE WORLDWIDE WEB EVERY DAY
Respond to this report!
What's this? #8 UPDATE Employee
Ok ok
AUTHOR: sphnx87 - (United States of America)
SUBMITTED: Sunday, February 24, 2013
Well if its on news media and the INTERNET it has to be true.
Respond to this report!
What's this?
When JP Morgan Chase was in "desperate need to get funds" back in 2008, they had their CEO meet with Hank Paulson and JP Morgan Chase received billions of dollars in taxpayer's money from the TARP. (Troubled Asset Relief Program)
You can 'Google' this- FRONTLINE: INSIDE THE MELTDOWN, and watch that documentary on the web for proof.
It also appears that JP Morgan figured out a way to manipulate the price of oil for profit in order to keep the bank afloat prior to receiving the billions of dollars in taxpayer's money from the TARP. Feel free to 'Google' this- DID SPECULATION FUEL OIL PRICE SWINGS, and watch that 60 Minutes segment on the web for proof.
Have a great day!
WELCOME TO JP MORGAN CHASE- THE AMERICAN PEOPLE BAILED US OUT BACK IN 2008 AND NOW WE CONTINUE TO MANIPULATE THESE SAME AMERICAN PEOPLE WHO HAVE CHECKING ACCOUNTS WITH US IN ORDER TO MAKE OUR PROFITS
You can 'Google' this- FRONTLINE: INSIDE THE MELTDOWN, and watch that documentary on the web for proof.
It also appears that JP Morgan figured out a way to manipulate the price of oil for profit in order to keep the bank afloat prior to receiving the billions of dollars in taxpayer's money from the TARP. Feel free to 'Google' this- DID SPECULATION FUEL OIL PRICE SWINGS, and watch that 60 Minutes segment on the web for proof.
Have a great day!
WELCOME TO JP MORGAN CHASE- THE AMERICAN PEOPLE BAILED US OUT BACK IN 2008 AND NOW WE CONTINUE TO MANIPULATE THESE SAME AMERICAN PEOPLE WHO HAVE CHECKING ACCOUNTS WITH US IN ORDER TO MAKE OUR PROFITS
Respond to this report!
What's this? #10 Consumer Comment
Does just as promised.
AUTHOR: sphnx87 - (United States of America)
SUBMITTED: Saturday, February 23, 2013
If your in desperate need to get funds from one bank to another, suck it up and pay the fee for a wire transfer, its not the banks fault for your poor planning. Funds for a QuickPayment are deducted from the account at the time of acceptance, and all payments are subject to review, and not all payments will be sent in Real Time. There is no misrepresentation with the name, its called Quick Pay, not Quick Receive.
Respond to this report!
What's this?
It appears that writing a check has its advantages after all, wouldn't you agree? All of this high-speed technology seems to be benefiting the banks more than the consumer. I hope that people will someday wake-up and realize that writing checks has its advantages, because once a check is written the account holder will obviously enter that amount in his or her register and deduct it from the balance and see what is actually available, right?
Conclusion: The old-fashioned way of writing checks and using cash worked fine. Perhaps all Americans will get rid of their debit cards and use checks and cash instead.
Have a great week!
Conclusion: The old-fashioned way of writing checks and using cash worked fine. Perhaps all Americans will get rid of their debit cards and use checks and cash instead.
Have a great week!
Respond to this report!
What's this?
is available at this website.
Just type in 750752 at this site and it appears in the consumer comments section at Ripoff Report #750752.
Thank You
Just type in 750752 at this site and it appears in the consumer comments section at Ripoff Report #750752.
Thank You
Respond to this report!
What's this? 
