Posts by Arthur Ramirez12

silentowl7 said:Look, Arthur Ramirez12, if you're so smart, why don't you explain how Chase Bank decides your overdraft limit...
I have an account at Chase, and my overdraft limit goes up every six months—roughly $333—since my salary keeps climbing. I pull in about $2667 a month. I'm on a flexible plan with a limit of $13.
The bank sets the limit themselves based on my last three months of income plus some percentage. I don't know their exact math, but there's zero chance I can just walk into Zions Bancorporation tomorrow, claim I'm on a flexible plan, and demand a $13 limit.

My point stands—overdraft limits are tied to income. It usually caps out at three times what I make, which would be $8.00 for me, so there's no way I could get $13.

So yeah, I still think you're full of it this time... 😁

Hardly. I'm speaking from experience. My husband and I have a joint household account; our combined income is $6,000.00 and we have an authorized overdraft of $25,000.00 (thankfully we haven't needed it yet), and I'm convinced we'd need even more if necessary. Six months ago, my individual income was $2,000.00 and I was approved for an $11,000.00 limit. So, go ahead, explain that logic to me. Apparently, I have privileges.🤣🤣🤣
In any case, I know that for slightly higher approvals, they look at everything: how long you've been a client, if you pay all your debts on time, your credit score status (never been on a blacklist, thank God)...
And from my own experience, I know that if you're perfect in every category, if things get tight, we can make an exception.👍

silentowl7 said:It'll be capped by your income.

Stop talking nonsense.👎

Quincy:

William Watson5 Asks: My wife gets paid through Chase, and she’s on the standard package for everyone. I have an account over at Wells Fargo, and I can tell you firsthand: it’s a total nightmare. 😠😱 In short, I plan to move my income over to Zions Bancorporation and open a joint account with my wife. Can someone clarify if I'll be eligible for an overdraft on my account? $13333 Either the KTA rate is 9.99%, or my credit limit is going to cap out based on how much I actually make.

The Rockefeller family:

Overdraft limits for primary account holders and authorized users.
Individual overdraft limits per account are capped at... $10 With an annual interest rate sitting at 11.99%.

Joint overdraft limit.
Based on the cash flows from both members of The Rockefeller family.
Up to the level. $20With an annual interest rate of 11.99%.
Regarding the primary account holder, The Rockefeller family (overdraft protection for secondary users is not permitted on this account).

The Rockefeller family plus:

Overdraft limits for account holders and authorized users.
The individual overdraft limit for each account is up to... $13 With an annual interest rate sitting at 9.99%.

Joint overdraft limit.
Based on the cash flows from both members of The Rockefeller family.
Up to the level. $27With an annual interest rate of 9.99%.
Regarding the primary account holder, The Rockefeller family (note that overdraft protection does not apply to any secondary account holders).

Kimberly Nguyen said:I mean, sure, you could just use Google... but having Kimberly Nguyen right here as an extra resource is a total game changer🤣

What, am I invisible too? I thought I provided some useful info and cleared up a few things... or are my posts just being ignored by everyone?😕

Kimberly Nguyen said:Can someone please, for the love of God, tell me WHEN this is actually happening? Thanks! 😁

No exact date yet. According to their projected timeline, it should be around August. That’s what my personal banker at Chase Bank told me. Until then, we shouldn't change a thing.

Peter Barnes82 said:Didn't realize she was such a better deal...
Thanks for looking out... 🙂

Don't mention it. That's what we're here for. Better together.👍☕

Peter Barnes82 said:Because they're killing off the option to just have a basic checking account with an ECMC subscription. Instead, they're forcing these massive bundles on us. They take those old, simple plans and swap them for these overpriced packages stuffed with useless perks and benefits that 95% of customers will never touch...
It’s ridiculous. Like, if a bank already owns its own telecom network, who cares about their mutual funds? It makes zero sense.
Yeah, that's the reality right now... ☕

2 Arthur Ramirez12:
It's a standard $18 times 12 months, which is 660. Add the same amount for the spouse, and you're looking at 1320.

Why even look at the standard option when the family plan is clearly better for you and your spouse—and half the price, too?!!👍

Personally, I actually like this. It feels like a step in the right direction for us. Right now, I’m on one plan for $6.75 and my husband is on $13, so when we switch to a family bundle, our upfront cost will be roughly the same as what we pay now, $20. But since the bundle includes a whole range of extra perks and benefits, I think we’ll actually come out ahead.👍

Peter Barnes82 said:Personally, I think paying an annual fee $440 just for bank packages for my wife and me is a joke...
She just uses a basic checking account while I use a Mastercard to run about $5,000 to $8333 a month and handle everything via online banking...
To me, $18 paying that much every month feels like we're just letting greedy bankers shear us like sheep...
I’m honestly ready to hand back all their cards and close out those credit lines I don't even need...

For you and your wife, the perfect fix would be a family Zaba fan, which would cost you $20 per month, or $240 annually—not sure how you calculated $440??

Dana Ortiz11 said:To use PayPal, you first need to open a foreign currency checking account at your bank and link a Chase Visa debit card.

Not necessarily!!! You can do it without a Visa!

And how do you do it without a Visa??