Checking on my checking account
in Banking, Insurance & Loans ·
Hi everyone,
I’m running into some issues with account maintenance fees at JPMorgan Chase. To give you the short version, I have a checking account, and since the start of this year, I also opened a current account. When I just had the basic account, the fee was only $0.00 for management (which I mostly use just to receive my scholarship). However, once the current account was set up, the representative who helped me open everything initially told me I’d qualify for some student discounts. But then, a couple of days later, I got a call from JPMorgan Chase saying I don't actually qualify because I only have a local mailing address rather than permanent residency here in the US. Then, out of nowhere, I get my statement and—bam—there's a charge of $5.00 for account maintenance (about $2.25 for the current account plus an extra charge for being part of a JPMorgan Chase group $2.75). There was absolutely no mention of this when I signed everything up. Can someone please explain what this "group membership" thing even is? 😢. From what I can tell, it's an annual fee of $60 that nobody bothered to explain to me.
I’m running into some issues with account maintenance fees at JPMorgan Chase. To give you the short version, I have a checking account, and since the start of this year, I also opened a current account. When I just had the basic account, the fee was only $0.00 for management (which I mostly use just to receive my scholarship). However, once the current account was set up, the representative who helped me open everything initially told me I’d qualify for some student discounts. But then, a couple of days later, I got a call from JPMorgan Chase saying I don't actually qualify because I only have a local mailing address rather than permanent residency here in the US. Then, out of nowhere, I get my statement and—bam—there's a charge of $5.00 for account maintenance (about $2.25 for the current account plus an extra charge for being part of a JPMorgan Chase group $2.75). There was absolutely no mention of this when I signed everything up. Can someone please explain what this "group membership" thing even is? 😢. From what I can tell, it's an annual fee of $60 that nobody bothered to explain to me.