Can you provide the link on these new changes?
How do you learn about this, from your monthly statement? From your banker?
The $500 direct deposit requirement change has been posted on Chase website. So any other changes should be on Chase website as well if what you say is coming.
EDIT:
I saw the new terms of Premium Checking. The Classic Checking has same term as before except the DD now is $500.
So those of us whose accounts are not 6 months old yet, should downgrade back to Classic.
Business Classic Checking Account still can avoid monthly fee with 5 debit card transactions.
https://www.chase.com/index.jsp?pg_n...c_int_checking
$25 minimum to open account.
1FREE Checking means no monthly service fee and includes up to 200 transactions per month on a Chase BusinessClassicSM Checking or Chase BusinessClassicSM Checking with Interest account. Other fees may apply. Requirements are either:
(a) when 5 or more debit card purchases are posted to your checking account each statement period (withdrawals from the ATM or cash advance transactions do not apply); (b) linking the checking account to a Chase Business Credit Card which balance must exceed $0 at least once during the current checking account statement cycle and must not be delinquent, closed, charged off, or revoked; (c) linking the checking account to a Chase PremierSM or Chase Premier Platinum CheckingSM personal checking account; or (d) maintain a monthly average balance of $5,000 to $7,500 (depending on region) in the checking account. All accounts are subject to approval. Linking for pricing purposes will not affect your statement and does not link accounts for overdraft protection. Overdraft protection must be requested by you.
2In the event your card or card number is lost, stolen or used without your authorization, you are not liable for any unauthorized transactions including transactions made at merchants, over the phone, at ATMs or online when you notify the bank promptly. Claims are subject to verification. See Account Rules and Regulations for details.
3Usage fees may also be charged by the institution that owns the ATM.