Originally Posted by
garykung
That's not exactly what I mean.
When comparing all non-private banking level top tier banking packages (Note - CPC is not a private banking package, as Chase also offers JPMorgan Private Bank), the best, or I should say the least worst is Wells Fargo. Yes indeed - everyone sucks.
Why everyone sucks? The reason is quite simple - for most benefits, you can get them from Charles Schwab without a balance requirement. For those who offers a rate increase/decrease, the benefit is not as helpful as you choose CU (CUs generally have better interest rates). Safe deposit box is a benefit literally not in existence, given it is difficult to score a new box now.
Wells Fargo is the least worst because it has the lowest requirement to qualify. As other may have mentioned, the beauty of CPC is 5/24 and the welcoming bonus.
I do agree that BofA service sucks, based on my professional experience. Chase's service is standardized - not good, not bad.
I have had pretty good service with Chase as a regular CC customer. I did sign up for the Sapphire checking account for the bonus a little while ago and have been satisfied with my limited interactions on the banking side. I agree the minimum requirement for most general "private/premium" accounts is too low to provide any meaningful/useful benefits. I wonder if the true private banking relationships (probably way too high for me to qualify) would actually offer worthwhile benefits.
LAX