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Report: #461975

Complaint Review: Chase Bank - Seattle Washington

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  • Reported By: Woodinville Washington
  • Author Confirmed What's this?
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  • Chase Bank Seattle, Washington U.S.A.

Chase Bank Wamu - Chase Takeover Customer Rip Off... Seattle Washington

* : I had Wamu also

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I have been a customer of Washington Mutual Bank for the past 5 years. I am a simple working class guy in Seattle not a Techno Millionaire. My paychecks are automatically deposited I have not had a lapse in employment since I have been with Wamu.

Recently Chase Bank took over Wamu in Washington and I had some reservations and almosted closed my checking and savings acconts prior to the acquisition but I did not.

This issue took a few months to manifest before I realized what had happened by then it was too late.

I have two credit cards with Wamu along with my checking and savings. I am a techno guy and I travel a great deal for my job so I do not really do snail mail. I see my mail once a month if I am lucky. I have all of my credit cards on Auto Pay for the simple idea that I will not miss a payment.

Now here comes the fun part.

Chase's IT department moved the credit card portion of the Wamu site first which I did not worry about but I should have. What they did was break the auto pay that was setup under the Wamu site so my payment did not get made. I was never contacted I have scoured through over 1200 emails looking for some notification but no luck.

Consequently Chase raised the interest rate on one of the cards. The one of course with the highest balance to 29.99 percent. On a 6,000.00 balance I am now paying 155.00 a month just in interest.

I of course called Chase as soon as I found out the payment was missed elaspsed time 15 days and I was so kindly told by the person on the end of the line. If you paid your bills you would not have this problem. I spent over 2 hours on the first call and 4+ on the subsequent calls. No luck.

I am not looking for someone to fix this obviously no one cares. But I do need to vent and hopefully warn others to beware of this new practice. I am sure there are other victims out there former Wamu customers that this has happened to.

My next steps are to get out of Chase all together and put my money somewhere else but in the meantime they will be collecting good money on the next few payments from me.

I am now paying for something I did not do. Anyone can look at my records and see that up until the website move I never missed a payment and also paid at least 30% more than the minimum but sorry Chase I cannot afford to pay on the principal now.

I am open to suggestions.

Good luck in the new world of banking...

Beat down
Woodinville, Washington

This report was posted on Ripoff Report on 06/15/2009 10:07 PM and is a permanent record located here: 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. READ: Foreign websites steal our content

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I had Wamu also

AUTHOR: Steph - (USA)

POSTED: Monday, September 21, 2009

I used to have a checking account with WAMU but when Chase took them over I had nothing but problems with them. These SOBs would bounce checks on me even though I had money in the account to cover the check I wrote. I called and complained they told me I had A NSF Fee for another check that cleared. I told them flat out I am fixing to close this account.1 day I got fed up with thier BS I  waited for the remainder transactions to clear and closed my account and went to Regions so far I had no problems with Regions.

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