Move My Money To Chase?

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29 posts
kcarter609
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Move My Money To Chase?

Postby kcarter609 » Sun Jan 27, 2013 1:34 pm

Hi Guys,
I've been with PNC for about 4.5 years now. They've always been good to me, the branch manager loves me and I always end up spending like an hour talking to her when I go in there, but I feel like the bank is lacking.

Here's why:
- Their credit cards SUCK
- They have to mail me a new PIN for my online account if I get locked out because Quicken goes haywire, and that takes like a week
- They have to mail me a new debit card if I end up needing one

Now, here's what I like:
- You get perks with a $1,500 minimum daily balance, and the same thing with Chase requires $15,000 (yes, 10 times the amount)
- SUPER FAST service. There can be a line of people and I've never been there more than 5 minutes.


Other reasons:
- I have the Freedom and plan to get a CSP in the future
- My car loan is with Chase

I'm debating on whether to switch to Chase or not. It'd be a lot easier since my primary CC and car loan would all be in one place. Anyone else want to point out some things I might be missing?

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)


DavidNY
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Postby DavidNY » Sun Jan 27, 2013 2:08 pm

I got a Chase checking account for the $200 sign up bonus. If you can direct deposit $500/month or leave $1500 in the account there's no charge to have it.

There is a small Ultimate Rewards bonus on some Chase credit cards if you have a checking account there.

Ask them if they'll lower your car loan APR if you use their checking account to make the payments from.

RewardHop
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Postby RewardHop » Sun Jan 27, 2013 2:11 pm

> "They have to mail me a new debit card if I end up needing one"
Thats standard practice in my experience.

What kind of perks are you looking for? I use a combination of Chase (little above minimum balance) and Ally Bank for checking. I have no checks from Chase but I get free checks from Ally Bank. I write checks from my Ally Money Market for rent and 2 credit card payments since its much higher interest than interest checking (0.95% vs 0.40). For that, I have to stay under 6 transactions a month. The rest of my CC payments come from my regular Ally Checking account. Ally also gives you ATM fee reimbursement, so you can use BofA, Chase, Wells Fargo, or any other ATM for free. However I tend to just use Chase ATMs with my Chase debit card.
[size=60]
Amex BCE: 3% grocery, 2% gas
Bank of America Better Balance Rewards MC: $25/quarter bonus
Barclaycard Rewards Visa Signature: 2% gas, groceries, utilities
Capital One Quicksilver Visa Signature: 1.5% everything
Chase Freedom Visa Signature: 5% rotating
Citi Forward Visa: 5% restaurants/fastfood, movie theaters, amazon.com
Discover It: 5% rotating
SallieMae MC: 5% Groceries, Gas, Amazon
US Bank Cash+ Visa Signature: 5% electronic stores, restaurants
Sock Drawered: Chase Sapphire, Chase Amazon[/size]


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djrez4
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Postby djrez4 » Sun Jan 27, 2013 7:16 pm

If you have a business account with Chase, the checking perks are free. The business account has a $15 fee, but you can avoid that. I spend $1000 on my connected Ink card. Fee waived and 5000 points!
[RIGHT][size=100]- Sapphire Preferred - Freedom - Ink - Platinum - Everyday Preferred -[/size]
[/RIGHT]

kcarter609
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Location: VA

Postby kcarter609 » Sun Jan 27, 2013 8:36 pm

DavidNY wrote:I got a Chase checking account for the $200 sign up bonus. If you can direct deposit $500/month or leave $1500 in the account there's no charge to have it.

There is a small Ultimate Rewards bonus on some Chase credit cards if you have a checking account there.

Ask them if they'll lower your car loan APR if you use their checking account to make the payments from.

I currently have a Chase Checking account that sees $600/mo direct deposit to avoid the charges (I also get the Freedom 10+10 with this) and $400/mo of it gets paid to my car loan, which is also held by Chase.
RewardHop wrote:> "They have to mail me a new debit card if I end up needing one"
Thats standard practice in my experience.

Chase and TD have both re-printed and handed me one on the spot

RewardHop wrote:What kind of perks are you looking for? I use a combination of Chase (little above minimum balance) and Ally Bank for checking. I have no checks from Chase but I get free checks from Ally Bank. I write checks from my Ally Money Market for rent and 2 credit card payments since its much higher interest than interest checking (0.95% vs 0.40). For that, I have to stay under 6 transactions a month. The rest of my CC payments come from my regular Ally Checking account. Ally also gives you ATM fee reimbursement, so you can use BofA, Chase, Wells Fargo, or any other ATM for free. However I tend to just use Chase ATMs with my Chase debit card.


PNC will reimburse me for ATM transaction fees. I almost NEVER use the ATM, but if I am in a jam and need to, they cover it. Otherwise I don't have a specific list, I'm just saying it's less than PNC offers.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)

DavidNY
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Postby DavidNY » Sun Jan 27, 2013 9:21 pm

djrez4 wrote:I spend $1000 on my connected Ink card. Fee waived and 5000 points!


Cool. I didn't know they would waive the biz checking fee for using the Ink card.

RewardHop
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Location: USA

Postby RewardHop » Sun Jan 27, 2013 10:58 pm

kcarter609 wrote:PNC will reimburse me for ATM transaction fees. I almost NEVER use the ATM, but if I am in a jam and need to, they cover it. Otherwise I don't have a specific list, I'm just saying it's less than PNC offers.


Consider doing Chase and then having an Ally Checking account. Theres no minimums and fees even if you keep only $10 at Ally.
Use any ATM you want and your reimbursed for the fees at the end of the statement cycle.
[size=60]

Amex BCE: 3% grocery, 2% gas

Bank of America Better Balance Rewards MC: $25/quarter bonus

Barclaycard Rewards Visa Signature: 2% gas, groceries, utilities

Capital One Quicksilver Visa Signature: 1.5% everything

Chase Freedom Visa Signature: 5% rotating

Citi Forward Visa: 5% restaurants/fastfood, movie theaters, amazon.com

Discover It: 5% rotating

SallieMae MC: 5% Groceries, Gas, Amazon

US Bank Cash+ Visa Signature: 5% electronic stores, restaurants

Sock Drawered: Chase Sapphire, Chase Amazon[/size]


Bksuper
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Location: California

Postby Bksuper » Mon Jan 28, 2013 10:17 am

Skip Chase in favor of Ally unless they do offer you way better terms on your car loan, you can get their credit cards without having money there, they don't do secured credit cards, and unless your balance is 5+ figures they're not going to count it for much if you don't have good credit. Even their top tier perks don't match what Ally offers with no balance minimums or fee waiver or monthly fee requirements. Their Checking pays more than Chase's Savings with a 5 figure balance and Ally savings is more than twice their checking and can be linked for free. You can use any banks atm for free.
Sole Ownership Cards:
1st Financial Bank Platinum Student Visa, $500 CL, Open Since 3/2012
Citi Forward Student Visa, $6k CL, Open Since 10/2012
Costco TrueEarnings Amex, $6k CL, Backdates to 1/2012
SallieMae Rewards Barclay Mastercard, $2.5k CL, Open Since 4/2013
Jointly Owned Cards (co-owner with mom, not AU, used and paid only by me):
Chase Amazon Rewards Visa Signature, $2k CL, Open Since 8/2012
US Bank Cash+ Visa Signature, $13.5k CL, Open Since 10/2012
Authorized User (Parents Pay/Use)
Costco TrueEarnings Amex $29.4k CL, AU since 11/2012

kcarter609
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Location: VA

Postby kcarter609 » Mon Jan 28, 2013 12:07 pm

They keep offering me $125 for putting $10k in new money into a savings account for 6 months...equivalent to 2.5%. I'll have to take a look at Ally.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)

Fartanywherecard
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Location: NYC

Postby Fartanywherecard » Mon Jan 28, 2013 6:55 pm

Hey, if you move enough money, you can apply for a Palladium card :)



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