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Wednesday, September 15, 2010 - 2:45 PM

Beware Of Extended Transaction Fee $15 By Chase Bank

JPMorgan Bank and Trust Company, National Association (2 stars)
With Chase Bank, after and upon a credit card recurring payment which may take upto 3 days to clear, there is a extended transaction fee of $15 over and beyond a non sufficient fee of $35 if you do not bring your balance back to positive within the required days.(usually 3 days not including weekends). Therefore, a signature transaction might actually end up costing you a lot more than originally intended.(especially if u r single and traveling overseas). I had chosen to opt out of overdraft protection before august 15th but that does not apply to recurring credit card signature payments.I would like someone to help me fight this with one of the federal bureau agencies (most likely FDIC or OCC).I figured when you opt-out of credit card overdraft protection that all credit card transactions are subject to being denied including recurring credit card payments for not having enough funds. I have been proven wrong and i have documents to prove chase has charged me non-sufficient as well as extended days non-sufficient fund fees.
1
energizerenergizer1 posts since
Jul 3, 2010
Rep Points: 1
1. Wednesday, September 15, 2010 - 6:34 PM
It sounds like you are NOT talking about a credit card, as you indicate, but about a debit card.
2
me1004me1004294 posts since
Jan 16, 2010
Rep Points: 1,864
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