Originally Posted by
friedice
Just called Chase and was told that I will still be able to make 5 debit purchases with my Business Classic account to avoid fees, and as long as Premier Checking is linked to my biz, fees will be waived also.
Originally Posted by
MaineFlyer16
I have a regular checking account...Chase said that 5 debit card swipes will still work, or the DD minimum amount is now $500. Phew!
Same here. Talked to banker who said basically the same thing - as long as the Business Classic is linked to the Premier Checking, all we need to do is the 5 debit card non PIN transactions on the Business Classic to avoid monthly fee on both checking accounts.
She said the changes are largely for those who initially have the free WAMU checking account packages... though this does not make much sense for the OP data point as I am sure OP opened accounts with Chase for the CO miles. This part is really confusing. The only guess I could come up with is, Chase is rolling out the changes region by region....
In any case, banker repeatedly said "You are good, just make sure to do those 5 debit card transactions, you would avoid the fee."
I brought up the new language on the Personal Premium Checking Account now on Chase Online - she said it does not apply as long as it is linked to the Business Classic... Whew!
Funny thing she mentioned about a pre-approved CO 20K business credit card or a $100 bonus business credit card... I said the email offer is 50K bonus but that does not show up in the bank's system... This is too bad because I honestly like to give the banker business so she could earn credit from it... She fully understands though.