JPMorgan Chase: What are your experiences?
in Banking, Insurance & Loans ·
crimsonhawk42 said:Hey everyone... I'm moving my direct deposit over to Wall Street, so I was wondering how their overdraft rules work? Especially since I was blocked from credit until December 2019.
My current bank (Goldman Sachs) is telling me I need to wait four years after a closure before I can get back in their good graces!?
On top of that, I’m planning on taking out a loan pretty soon, so if anyone has some inside info to shed some light on this, let me know.
I got approved for an overdraft equal to one full paycheck immediately. They also gave me a Mastercard with a limit slightly higher than my monthly pay, plus a $5,000 line of credit.$1667
I was also dealing with account freezes until late 2019. Wells Fargo told me I’d have to wait two years to get an overdraft line, but when I went to JPM, they approved me right away.
Plus, I work at FedEx, which definitely helps since JPM owns them.