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Chase, Chicago’s biggest bank, is making changes to its basic checking account that could make it tougher to avoid a monthly service fee.
Beginning Feb. 8 , customers will need at least one direct deposit of $500 a month for Chase to waive its $6 monthly service fee. The direct deposit may include a payroll, pension or government benefit payment, such as Social Security. Get the full story »
Chase customers who don’t earn a lot or rely on paltry government benefits may soon have to pay a monthly fee on their checking accounts.
The bank started notifying customers this month that direct deposits will have to be at least $500 to qualify for a waiver on the $6 monthly fee. Get the full story »
