Saturday, September 24, 2011

Chase Bank provides evidence of very low or negative interest rates

According to the message below the do not want more deposits; holding ones money is now a service that is used to attract fee paying customers, mortgage seekers, and and investors.

Dear Chase Customer:
You are receiving this message because you are enrolled in Chase QuickDepositSM. We are increasing the deposit limits for this service effective October 2, 2011.
As a consumer or business customer, you can deposit as much as $2,000 on any day and as much as $5,000 over any thirty (30) day period.
We updated the Chase QuickDeposit Service Agreement (Single Check Deposit) to reflect this information. Your continued use of the Online Services acknowledges your agreement to the amendment. The updated agreement will be available online on October 2, 2011. You can review the latest agreement anytime by logging on and clicking the "Legal Agreements and Disclosures" link at the bottom of any page.
We appreciate your business and look forward to serving all of your financial needs. Please call us at 1-877-CHASEPC (1-877-242-7372) if you have any questions.
William S. Sheley
Senior Vice President
Chase Online Banking

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