Chase Bank Giving Away Money? - GoFuckYourself.com

Relentless · 11-09-2012, 02:58 PM

I always get a slew of 'credit check' offers in the mail from banks, but usually the catch is a 'transaction fee of 3-5%' that brings the total rate to 4-9% depending on the offer. Today I got some unsolicited checks in the mail from Chase Bank offering me 0% on up to the limit of the card until February of 2014 with a maximum of a 1% transaction fee. Allowing people to borrow money for more than a full year at a total rate of 1% or less seemed too good to be true, so I called my branch manager to verify the offer and was told the offer is correct. $XX,XXX at 1% for 13+ months without me asking for it or applying for anything.

It would seem we are starting a new bubble of unsolicited consumer debt that undisciplined people will abuse until it balloons 14 months from now.

GetSCORECash · 11-09-2012, 03:56 PM

I haven't gotten does yet, I'm still getting the 3% transaction fee.

Getting a home in Florida still takes 3 months even with good credit, so it still isn't where it needs to be to move the current stock of homes here.

Once everyone starts getting 0% offers on credit cards and mortgages in 15 days, then we can talk about a Bubble.

PSD · 11-09-2012, 04:22 PM

I remember in the credit bubble days some banks sent me those 0% check offers with similar transaction % but went further by adding "or $XXX whichever is lower" now they probably add "whichever is higher" but the offer you got sounds pretty good for these days.

baddog · 11-09-2012, 08:31 PM

They offered me $500 to open an account with them, but their fees are ridiculous, so I passed.

kane · 11-09-2012, 08:51 PM

Quote:

Originally Posted by baddog

They offered me $500 to open an account with them, but their fees are ridiculous, so I passed.

A new Chase just opened up right next to the grocery store I normally shop at and they have a sign in the window offing $100 visa gift cards for opening a checking or savings account with a minimum of $100 balance and $300 gift cards for a checking/savings with a balance over $1000.

They must really want new customers.

kane · 11-09-2012, 08:52 PM

Quote:

Originally Posted by Relentless

I always get a slew of 'credit check' offers in the mail from banks, but usually the catch is a 'transaction fee of 3-5%' that brings the total rate to 4-9% depending on the offer. Today I got some unsolicited checks in the mail from Chase Bank offering me 0% on up to the limit of the card until February of 2014 with a maximum of a 1% transaction fee. Allowing people to borrow money for more than a full year at a total rate of 1% or less seemed too good to be true, so I called my branch manager to verify the offer and was told the offer is correct. $XX,XXX at 1% for 13+ months without me asking for it or applying for anything.

It would seem we are starting a new bubble of unsolicited consumer debt that undisciplined people will abuse until it balloons 14 months from now.

A couple of years ago I got a letter in the main from General Finance. It had a check for $4500 in it. All I had to do was endorse and cash the check and that would act as me accepting a $4500 loan from them.

I didn't do it, because the interest rate was like $18% and I hate having debt, but I would guess a lot of people took them up on the offer.

Relentless · 11-09-2012, 08:54 PM

Carry a decent balance and you'll never have a fee on anything from Chase.
Also Chase quickpay may completely replace Paypal as a fee-free alternative.

woj · 11-09-2012, 09:00 PM

They do 0% for 12 months with 0% transaction fee, I got an offer like that in the mail, but you might be able to negotiate 0% transaction fee by just calling them...

jigg · 11-09-2012, 09:15 PM

I get these every month for every Chase credit card I have

Due · 11-09-2012, 09:38 PM

Quote:

Originally Posted by baddog

They offered me $500 to open an account with them, but their fees are ridiculous, so I passed.

I switched to them about a year ago and they seem to be really good for us so far. They seem to be cheaper than everyone else..

baddog · 11-09-2012, 10:26 PM

Quote:

Originally Posted by Due

I switched to them about a year ago and they seem to be really good for us so far. They seem to be cheaper than everyone else..

BofA charges me no fees; chase is nuts in comparison

ottopottomouse · 11-10-2012, 04:04 AM

I think they have been banned from sending out those cheques here.

11-09-2012, 02:58 PM	#1
Relentless www.EngineFood.com Industry Role: Join Date: Aug 2006 Posts: 5,697	Chase Bank Giving Away Money? I always get a slew of 'credit check' offers in the mail from banks, but usually the catch is a 'transaction fee of 3-5%' that brings the total rate to 4-9% depending on the offer. Today I got some unsolicited checks in the mail from Chase Bank offering me 0% on up to the limit of the card until February of 2014 with a maximum of a 1% transaction fee. Allowing people to borrow money for more than a full year at a total rate of 1% or less seemed too good to be true, so I called my branch manager to verify the offer and was told the offer is correct. $XX,XXX at 1% for 13+ months without me asking for it or applying for anything. It would seem we are starting a new bubble of unsolicited consumer debt that undisciplined people will abuse until it balloons 14 months from now. __________________ Website Secure \| Engine Food ICQ# 266-942-896 Last edited by Relentless; 11-09-2012 at 03:00 PM..

11-09-2012, 03:56 PM	#2
GetSCORECash Confirmed User Industry Role: Join Date: Mar 2008 Location: Miami Posts: 5,527	I haven't gotten does yet, I'm still getting the 3% transaction fee. Getting a home in Florida still takes 3 months even with good credit, so it still isn't where it needs to be to move the current stock of homes here. Once everyone starts getting 0% offers on credit cards and mortgages in 15 days, then we can talk about a Bubble. __________________ \| skype: getscorecash \| ICQ: 59-271-063 \| New Sites: \| SCORELAND2 \| Roku Channel SCORETV.TV \| 60PLUSMILFS \| \| Big Tit Hooker \| Tits And Tugs \| Big Boobs POV \| Karla James \| \| Naughty Foot Jobs \| Linsey's World \| Busty Arianna Sinn \| Get SCORE Cash \|

11-09-2012, 04:22 PM	#3
PSD PornSiteDomains.com Industry Role: Join Date: Oct 2002 Location: US Posts: 1,265	I remember in the credit bubble days some banks sent me those 0% check offers with similar transaction % but went further by adding "or $XXX whichever is lower" now they probably add "whichever is higher" but the offer you got sounds pretty good for these days. __________________ PornSiteDomains.com

11-09-2012, 08:54 PM	#7
Relentless www.EngineFood.com Industry Role: Join Date: Aug 2006 Posts: 5,697	Carry a decent balance and you'll never have a fee on anything from Chase. Also Chase quickpay may completely replace Paypal as a fee-free alternative. __________________ Website Secure \| Engine Food ICQ# 266-942-896

11-09-2012, 09:00 PM	#8
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	They do 0% for 12 months with 0% transaction fee, I got an offer like that in the mail, but you might be able to negotiate 0% transaction fee by just calling them... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

11-09-2012, 08:31 PM	#4
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	They offered me $500 to open an account with them, but their fees are ridiculous, so I passed.

11-09-2012, 09:15 PM	#9
jigg Confirmed User Join Date: Feb 2002 Posts: 2,527	I get these every month for every Chase credit card I have __________________ ...... eight,eight,two,eight,eight,four,two ......

11-10-2012, 04:04 AM	#12
ottopottomouse She is ugly, bad luck. Industry Role: Join Date: Jan 2010 Posts: 13,177	I think they have been banned from sending out those cheques here. __________________ ↑ see post ↑ 13101