What's worse than being poor?

The name says everything: ExTrac-co Banks.... means they extract your money from you. That is why I use Chase... because I have to Chase around for my money....

 

Is this a Filipino owned bank?

 

From Chase Bank World Headquarters
Dear Mr. Wrye:
We understand you are trying to withdraw funds from Chase Bank. The problem is Chase does not have banks in the country of Georgia. We suggest you try JSC Cartu Bank in Tbilisi Georgia or Pasha Bank also in Tbilisi. If you choose to move your funds to one of those banks, good luck!
BTW, our customer service rep, Bruce, was excited by the language you used and hopes to meet you at a "club" someday.
Have a great day.
Alfred E. Neuman

 

My brother is being screwed around by Wells Fargo at the moment, his wife's separate account was one of those who was having fake accounts opened in her name so W Fargo's bankers could meet the quota for new accounts. I bank with Chase and they canceled my ATM card when I walked in to get a new debit card. I want both for redundancy. Shouldn't be too hard to straighten out as I can close that account on the spot. I'm not married to any of them.

 

I have a Wells Fargo account, but so far, they haven't screwed around with my account. I opened my account in Oregon, but have read that many accounts in California were messed with.

I maintained an account with USAA as they have lots of clients who live all over the world (military retirees and Vets).

I recently opened up a Fidelity account which has ease of use all over the world as much of the stuff you can do with them is internet friendly.

But this banking business mess is not a good thing for us everyday people.

I have one credit card (Chase) that is notoriously slow in releasing back to me any part of my credit line on that card when I use that credit card to place a reservation deposit or hold by me to another business (a hold to a hotel or to a rental car). Even if the "hold" charge is never used, I still have to wait several days for that "hold" money to be credited back to my credit card.

Although I am not charged for anything as the reservation hold was never used, whatever that amount of "hold" money was "charged" on that card DOES reduce my total amount of credit line available for me to use on that card until the "hold" is released. And that can take 3-5 "business days" AFTER the hold is released by the hotel or rental car.

What this means is that Chase is using my credit card "hold" money for several days and working my credit card "line of credit" money before they credit it back to my total credit line. Multiple that amount times millions of customers they do that to every day, and Chase is making bank off the backs of their customers' credit card lines. Meanwhile, their customers have less available credit on their card to use until the money gets put back onto their credit line - money that was never used to begin with.

I've gone rounds with them over this, but this is the banking/credit card world of doing business/making money these days. They know what they're doing and they don't care cuz there's no rules that say they can't do this.

I can see where it could take 24-36 hours for the computer systems to realign and update. But 3-5 business days?

V/R,
nwlivewire

 

Thanks for the heads up.

Man, this really sucks!

I hope you can find another bank that has their poop in a group....

nwlivewire