Chase checking and online bill pay of Chase credit cards.

[Lsbcal]

Quote:

Originally Posted by Golden sunsets .... I'm not sure I understand your comment on "not seeing much in the travel rewards items". You can apply the rewards against any travel items, such as air, hotel other forms of transportation going back up to a year. If you don't incur those sorts of expenses than I imagine that would not be a good card to use.

Thanks, I have the picture now.

My comment about the rewards items really could be ignored. As I understand it now, BOA's multiplier is tied to their investment products (CD's, etc.) and can be applied to past travel expenses whereas Chase's is applied to future expenses in their Ultimate Rewards program.

[Texas Proud]

Quote:

Originally Posted by Golden sunsets Sorry I mixed up the two rates; 2% for groceries and 3% for gas which with the multiplier amounts to 3.5% cashback for groceries and 5.25% for gas. You multiply each cash back offer by 1.75 if you maintain $100,000 accross all accounts including Merrill Lynch brokerage accounts. I don't think there is a better cc offer out there for a no fee card. We only use the cash card for groceries and gas. We use the BOA travel rewards card for most other purchases which pays 2.625 awards points for each dollar spent. Plus all brokerage trades are free if you are a premium member.

OK.... but I am not interested in putting $100K into BofA or ML...

I already have 5% for gas... lost my good card for groceries a few years back and will live with the 1.5% Cap 1 or my DWs Hilton where IIRC she gets 3 pts per dollar...

[easysurfer]

I have my chase cc bill paid by auto pay. But I've given up trying to record the statement amount when recording on my checkbook. Must be a timing issue or something on their end. What I end up doing is not recording the payment to chase on my cc until after the amount is shown as paid on my bank statement.

Thought the confusion was only me .

[audreyh1]

Quote:

Originally Posted by easysurfer I have my chase cc bill paid by auto pay. But I've given up trying to record the statement amount when recording on my checkbook. Must be a timing issue or something on their end. What I end up doing is not recording the payment to chase on my cc until after the amount is shown as paid on my bank statement. Thought the confusion was only me .

So it actually shows up sometime later than the due date?

Or it's not credited right away in your Chase credit card balance?

or both?

[Lsbcal]

Quote:

Originally Posted by audreyh1 So it actually shows up sometime later than the due date? Or it's not credited right away in your Chase credit card balance? or both?

Chase says:

Quote:

We will make payments to this credit card account automatically each month on your due date (if your due date falls on a Saturday, we'll make your payment on the Friday before). There is no need to make a separate payment.

Our payment is due on the 12th. The autopay pulled it out of the checking on the 13th of this month (a Friday).

It looked like this in the checking account:
Jan 13, 2017 CHASE AUTOPAY PPD ID: 476xxxxxxxxx ACH debit

[easysurfer]

Quote:

Originally Posted by audreyh1 So it actually shows up sometime later than the due date? Or it's not credited right away in your Chase credit card balance? or both?

Just looking at my statements now. My autopay is set for the 1st of the month. Chase just seems about a month behind for me. i see an autopay on my checking accounts Dec statement. The amount paid to Chase is the amount that was on the November statement. Maybe the timing is because of my 1st of month payment

I just wait until I balance my checkbook to record what was paid to Chase.

[nphx]

I just don't understand Chase bill-pay when they send a check. If you do a transaction and they will eventually need to mail a check why have it take so long to leave/get there. they cant make the 47 cents to cover the stamp on holding your dough 3 days before sending - so just offer a 50 cent expedite.

[mathjak107]

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Originally Posted by audreyh1 Whoever has a Chase checking account and pays their Chase credit cards from their checking account, how easy does Chase make it for you with their online billpay? At BofA I get an ebill from any BofA credit card, so I already know the amount due, and can even download the credit card statement from my checking account. I can also set up billpay with various options such as: pay statement balance, pay X days in advance. Does the Chase checking online bill pay work the same way? Do you get the equivalent of an ebill and see what the statement balance and due date is so you can schedule payment or autopay? I'm trying to figure out if having Chase checking will make it any easier to pay my Chase credit cards. Currently I manually enter the statement balance due in my BofA checking account bill pay, and schedule the payment for one day before the due date. If I have to do the same thing from Chase checking it won't be any easier, but if Chase checking "knows" my Chase credit card statement balance and due date, and I can just tell it to schedule payment or choose autopay it will be easier for me. I've researched online and people complain about having lost a Chase checking "ebill" feature for their credit cards several years ago, but it's not clear whether this was from other bank accounts or also included Chase checking accounts.

i have a chase checking account but much prefer fidelity bill pay and the ease of centralizing at fidelity for everything .

[brucethebroker]

In the process of leaving Chase after 10 plus years:
1. The interest paid on checking and IRA (cash part of AA) is pathetic.
2. Fees are high unless you jump through numerous hoops each month.
3. They closed drive through tellers in our area until (myself and others) screamed bloody murder. Drive throughs were closed for over 6 months until they changed policy due to "listening to our customers".
4. Eliminated 1/2 of tellers in branches and tried coaching/forcing customers to use ATM machines in the lobby. (Coaches were very condescending towards graybeards, BTW.)

It just became much easier/profitable to do business with our credit union. I miss not having access to numerous Chase branches throughout the USA, but not worth the aggravation, and lack of customer service.

[mathjak107]

we take advantage of the cash they give away . got over 600 bucks this year . then we move elsewhere until they offer more deals .

[audreyh1]

I guess they've been making these offers for several years. There must be a whole army of people who open the accounts, take the money, then close them again waiting for the next offer.

Kind of makes one wonder why they are spending so much money on attracting new accounts. Must have a lot of trouble with retention although I notice the nearest branch is always packed.

I notice their savings account pays a whopping 0.01% (insane! What is the point?), and their CD rates are abysmal. It's like all the Chase money goes to account opening bonuses rather than paying interest on existing accounts.

I noticed my Fidelity MM fund rates finally started increasing and now are paying 0.25% and 0.19%. You have to deposit $25K in an 18 month CD to see those rates at Chase.

I'm only considering these accounts because they might actually be useful plus the bonus.

I hate visiting the nearest branch, it's difficult to get in to and out of as well as very, very busy. So a big part of my motivation is to be able to do things on line. If my brother did not have a Chase account. I probably wouldn't bother. BTW, the tallest building in McAllen, which has only a handful of "skyscrapers", is the Chase building, so you can see it from very far away. It's very retro looking - must have been built in the '60s.

[Lsbcal]

I don't put serious money in Chase but the convenience is worth a few bucks of lost interest. When rates go up (and if Chase isn't competitive) I'll just be doing electronic transfers a little more often.

[audreyh1]

Quote:

Originally Posted by Lsbcal I don't put serious money in Chase but the convenience is worth a few bucks of lost interest. When rates go up (and if Chase isn't competitive) I'll just be doing electronic transfers a little more often.

Right, I have two points of convenience and don't mind parking minimal funds there for that purpose. After the account set up, I hope never to have to drive into their branch again.

[Texas Proud]

Quote:

Originally Posted by brucethebroker In the process of leaving Chase after 10 plus years: 1. The interest paid on checking and IRA (cash part of AA) is pathetic. 2. Fees are high unless you jump through numerous hoops each month. 3. They closed drive through tellers in our area until (myself and others) screamed bloody murder. Drive throughs were closed for over 6 months until they changed policy due to "listening to our customers". 4. Eliminated 1/2 of tellers in branches and tried coaching/forcing customers to use ATM machines in the lobby. (Coaches were very condescending towards graybeards, BTW.) It just became much easier/profitable to do business with our credit union. I miss not having access to numerous Chase branches throughout the USA, but not worth the aggravation, and lack of customer service.

I actually do not mind the smart ATMs in the lobby.... they do almost everything that I need... just that they do not have enough of them... and if you need a person you go back to the place that also handles the drive through.... so they try doing two things at once...

[audreyh1]

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Originally Posted by GTFan This bonus is triggered simply by doing an ACH push from another account that Chase thinks is DD, you don't have to have an actual direct deposit. Anyone can get the checking bonus if you can setup the correct transfers. List Of Methods Banks Count As Direct Deposits - Doctor Of Credit Here's the current $500 bonus offer: Chase $500 Checking and Savings Bonus Now Publicly Available! [In-Branch Only] - Doctor Of Credit

OK - thanks again.

After reading the articles I set up a transfer from Fidelity Brokerage, and it did indeed trigger the $300 credit for new checking a little over week later.

For the savings, the funds have to sit there for 90 days before I expect to see the savings bonus.

[audreyh1]

Thanks again for all the detailed replies. I have the new accounts set up now and am using bill pay. It will be more convenient for handling my Chase credit cards. Not quite so much for DH as he has a separate login for his credit cards, but he uses his very little, so we'll just set them to auto pay.

I haven't set up the weird (I think it's weird) method of transferring funds to another person's account yet. I have to get my brother's OK, and have him tell me which email to use. To me it looks like Chase is trying to mimic the Paypal method of paying another person. I don't need to set this up until later this year.

[Texas Proud]

Quote:

Originally Posted by audreyh1 Thanks again for all the detailed replies. I have the new accounts set up now and am using bill pay. It will be more convenient for handling my Chase credit cards. Not quite so much for DH as he has a separate login for his credit cards, but he uses his very little, so we'll just set them to auto pay. I haven't set up the weird (I think it's weird) method of transferring funds to another person's account yet. I have to get my brother's OK, and have him tell me which email to use. To me it looks like Chase is trying to mimic the Paypal method of paying another person. I don't need to set this up until later this year.

If you husband gives you permission, you would be able to see his accounts on your page... I have access to mine, my mom's and my son's accounts. All when I log onto Chase.

However, they do not have a Chase CC, so not sure if you get those or not.

[audreyh1]

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Originally Posted by Texas Proud If you husband gives you permission, you would be able to see his accounts on your page... I have access to mine, my mom's and my son's accounts. All when I log onto Chase. However, they do not have a Chase CC, so not sure if you get those or not.

You know, I asked about this specifically at the bank when we were opening the accounts. And the account "specialist" said this was not possible.

So, I need to pursue this further. I'll call Chase and see if someone in phone support can tell me how to do this.

[Texas Proud]

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Originally Posted by audreyh1 You know, I asked about this specifically at the bank when we were opening the accounts. And the account "specialist" said this was not possible. So, I need to pursue this further. I'll call Chase and see if someone in phone support can tell me how to do this.

I do have signature authority on my mom's account... I do not know about my son's, but it was a 'high school' account when we opened it and even though he was 18 it was 'attached' to mine... I do not think I have signature authority though...

[audreyh1]

Yeah - I'll find out what kind of authority would be required.