Originally Posted by
UA Fan
You could convert the account into a savings with a minimum balance of $300. I did this as I have had this account with Chase/Wamu for quite a long time and didn't want to close.
Plus Chase has an ATM very close to my house that accepts hand written checks for deposit in the ATM and can also deposit checks via mobile phones. In addition I wanted to have a second account as a backup with $500. So it made sense to convert.
So folks who are reluctant to close the account with Chase, a simple internal email to Chase would do the trick.
That's a good idea. I don't need to change now but who knows when they will change rules again.
What do you do for withdrawls from the savings account? I am assuming you don't have a checking account at Chase.