Bad experince with Chase Checking Account and Credit card

Chase is a good bank and they have decent checking account if you direct deposit your pay checks but I for sum reason have not manged to get the best deals with them and my experience over time has worsened.

Chase Bad experience 1:

There was a promotion $125 floating around  for new checking account customers when I joined but I did not have the coupon with me, I walked in to the bank with one of my friends referrals to make use of it, the banker told me that unless the coupon was mailed to me specifically I cannot use.  I took the banker for his word and only to find at a later day that the banker lied and if I had persisted I could have got that coupon to be used for me. The problem was I need a checking account as I did not have any and wanted to add one in my company for my direct deposit.

Money lost : $125

Chase Bad experience 2:

The banker fooled me in to registering for a new credit card in the name of over draft protection. A credit card application is worth at least a $100 bonus or equivalent for me.

Money lost : $100

Chase Bad experience 3:

I received 2  Bonus tickets to US Opens for moving X amount of money to my savings account with them…! Now before you think how can that be bad, The tickets were priced at $40 each and were reported as  interest on my I 1099. Now I should have been aware of this but the banker did not disclose it.

Money lost : $20

Chase Bad experience 4:

When I moved some money to my chase account the banker upgraded me to a Premium customer which had some benefits but did not disclose any minimum balance requirement. Later when I moved the money the balance fell below the limit and I was fined $25 each time

for two months when I caught this in the bank statement I was furious. I asked them to reverse the fee whihc the rep did not do on the phone, so I had to Visit my bank, the banker only reversed one fee.

Money lost : $25

Chase Bad experience 5:

I before I was given the additional Credit Card by the banker, I already had a CC from Chase, but the terms were not so favorable, so I hardly used it.  I got a male from chase promoting a 0% APR balance transfer for 6 months. I did read the fine print but probably not carefully enough. The fine print was worded as follows. “No balance transfer fee“  (in bold) many other terms and then “Transaction fee may apply as specified in your card member agreement”.  For some reason I did not understand the full extent of that clause and ended up using the balance transfer with the intention of making some interest on my credit line. In the next month report I saw a $75 fee as transaction fee…! On top of it, there was a 13% interest on the transaction fee (which would not be much, but still) and any money I pay would first apply to my lower APR balance. This was the first time I understood the traps Credit cards issuers put in a Card memeber agreement.

Money lost : ~$80

So my Chase experience has cost me $350 till date. No wonder banks make so much money in fees. How much has your bank cost you lately.

PS: I have moved all my balance from Chase and am in the process of closing my accounts with them.