Report: #792179

Complaint Review: JP Morgan Chase

  • Submitted: Tue, October 25, 2011
  • Updated: Tue, October 25, 2011
  • Reported By: Ben Lottering — Spring Texas South Africa
  • JP Morgan Chase
    I 45 south
    Spring, Texas
    United States of America

JP Morgan Chase Exploitation with exhorbant Bank Charges Spring, Texas

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I am a young South African that has a Chase checking account, which I use when I am in the USA. At the moment I am in an undisclosed area outside the USA, doing work for this country. This means that my account is now lying dormant and will be so , until my return.The bank has the advantage of using this small amount, was $600+/-, before they started syphoning it off by debiting this account with $20 a month, which they call banking fee's., should be called extortion money .

The interest rate on this account, like all Chase accounts is negligable and does not even really reflect, maybe 50c a year or so.

My account does not cost the bank a dime and even though I wrote them a letter earlier this year, theu flatly ignored that and will be syphoning off this money, untill it all has been stolen.

I requested that the account status be changed to ensure that there would be no cost, until I return in February 2012, but have received no feedback.

I and my fellow workers were disgusted when we saw the Wall Street protests taking place, but when you are yourself a victim of this legalized theft, then you actually understand and support the people there. Chase is one of the richer banks, with millionaire managers, seemingly getting their money from this practice's.

I doubt if anyone would be able to stop their lust craze, but wish for people to be aware of this major bank's underhand practices. Worst is, my situation now makes it impossible for me to draw the last few dollars, leaving it exposed to being totally syphoned away.

My account is under my name Andre Barend Lottering, 30923 Still Oaks Lane, Spring, Texas and my siste in law- Courtney Brown would be able to supply my full account particulars.

Thanks for the ear

Ben Lottering
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