Posts by rapidskipper12

If you’re carrying a balance and actually use online banking, it’s worth the hassle...

Man, look...

My advice? Just close everything at JPMorgan Chase and move over to Bank of America (since you're a student). Grab their student package—it comes with a checking account, a savings account, and an Amex Start card. You won't pay any monthly maintenance fees or anything. With the checking account, you'll get an overdraft limit of $333, a Maestro debit card limit of $333, plus that American Express Start card with a $667 limit.

If you're stuck staying with JPMorgan Chase, just open one of their youth savings accounts. 😉

Let me clear up how these "models" work regarding the reference number and why they either pass or fail validation...

The first two digits represent the base model number. You plug those into the “model” field, then dump the actual content into either the “charge reference” or “approval reference” field—you’ve got up to 22 characters to play with. Just make sure the data you actually put in there matches whatever model number you selected.

A "no model" setup lets you use one, two, or three pieces of data. This model is
what you use when you don't want the contents of the "reference number" field to be tied to a specific checksum.

Model 01 lets you use one, two, or three data points. Use this if the entire "reference number" string needs to be validated by a single checksum.

Model 02 also gives you the option of one, two, or three data points. But this one uses two separate checksums—one specifically for P2 and another for P3. P1 doesn't have its own checksum. If you only provide two data points, the system just assumes you filled out P1 and P2.

And so on...

Bottom line: the headache in all these reference numbers comes down to those calculated checksums. If the math doesn't add up, the order gets rejected. If you want to avoid the hassle, just set the model to '00' to trigger manual verification, or '99' if you don't even need a reference number in the first place.

Let me know how it goes!

Who did you even file your appeal with?

Once they hit you with an enforcement order, begging isn't going to work. You should've filed an objection with whoever sent the notice. That kicks off a civil lawsuit, and they can't touch you until they actually summon you to court.

As for getting paid, they’ll just freeze the funds in your bank account and wait on a judge to sign off on the amount they're taking—that can drag on for up to three months.

I'm not telling you to go talk to the manager just because you're feeling anxious. I'm saying go see what's actually happening with your account and find out where those 2 x $1.25...
went.
No bank in the US charges fees for checking your balance!

There’s no way they’re charging you just to check your balance. Just walk into a Chase branch and ask them to print out your transaction history from the last couple of months...

I don't think there's a specific limit; it's the same for ATMs too - $1.75

plus, it says so right in the statement.

casualbear17 said:Hope I can ask this here without starting a whole new thread.

So, a few days ago, a friend sent me a small amount ($23) to my JPMorgan Chase account (using my Visa Electron card) so I could mail her a magazine she couldn't find locally. A couple of days later, I checked my balance at an ATM and noticed I was short by a few bucks compared to what should have been there ($22). I went to pick up the magazine (it's $17) and swiped my card, but the cashier told me the transaction was declined. We tried twice, but nothing worked—just straight declines—even though I had almost $6.75 extra in the account. I’d actually planned on giving the cash to the bus driver when I handed him the magazine. Since the card wouldn't work, I just paid cash for the magazine instead. When I went back to the same ATM to check my balance again, I saw I only had $21 😕 left.
I looked at the receipt and it says "MBNET ATM," even though there was a big, bright JPMorgan Chase sign right above the machine, so naturally, I assumed it was theirs. Now I'm stuck on two things. Is it actually possible for an ATM to charge me a few cents just to check my balance 😕? Because I haven't withdrawn any cash from it at all. And second, why couldn't I pay for a $17 magazine when I had 66 in the account?
Anyone have any idea what's going on...

Do you have e-statements, online banking, or anything like that set up for this account?

Basically, JPMorgan Chase has a system where they collect those fees right after money hits the account. You might have a service fee of 4 or $1.75, or a statement fee, etc. That’s probably what hit you.

As for the declined transaction, you should've called the authorization center immediately to ask why it was declining (assuming you actually had the funds) and if there was some kind of hold on the card.