glg1992 wrote:I was gonna open one, but I opted for going with a credit union. I should look into opening through Chase soon. I did not knew I could have a possible chance by going that route. I have no credit history, which is why I got denied from Discover it student card. :/
Having a checking account with Chase probably helped me to get a Freedom, but now that I think more about it, my overall experience with Chase checking has not been great. Before I learned more about credit and banking, they switched me from one checking account type to another that had weird fees and I didn't know enough to realize the difference at first.
I have a better account type now, and still use it since there is a local branch where I can make cash deposits. The rewards system also works well for me, making CSP and Freedom major cards. I should look into alternatives, since my CLs are now high enough that I don't need the ability to pay off a card and have the CL free again instantly.
Chase pays effectively zero in interest, but most of my emergency fund is in a brokerage account (at Vanguard) which pays a more reasonable rate on cash deposits.