I was planning on moving from Citi Gold to Chase PC. Anyone get the $2000 bonus? I don't see any advantage of Citi Gold - only reason I held on to it was credit for Citi Prestige but I think that's gone and the Chase PC incentive seems good.

If your focus is on the incentive only, then Chase is the one. Otherwise, as I have said earlier in this thread, everyone sucks. For many here, CPC is not exactly attractive (setting aside the incentive) as its international "support" is weak.

So you need to think about this - you want the incentive or something else? Incentive, Chase it is. Otherwise, take the incentive and go somewhere else.

You mean products where "JP Morgan" bankers that sit in Chase retail branches try to sell you on funds that charge >1% fees, perform worse than index funds, and are usually managed by another investment bank (which also charges a fee)? Yeah, that's my favorite perk! ;)

In all seriousness, for most people there is no compelling reason to go out of your way to use CPC because, even if just looking at Chase, Sapphire Checking is almost the same and requires a lot less to qualify. I have it because I banked with Chase before and there was no reason not to get a CPC account. If you are happy already at somewhere like Schwab that specializes on the brokerage side of things, the U Invest platform is so-so at best, and certainly doesn't lend itself to someone that wants to actively invest (no pre-market or aftermarket trading or futures) or use leverage.

I hear you. But FWIW - some people do like those options. So you can't say it is not really a perk.

Exactly.

Honestly only reason I had Citi Gold was due to the annual fee reduction in Citi Prestige but i think it stopped - other than that I have not used their services for anything else.

Hence was thinking let me come to Chase for the incentive - i dont know if there is anything here i would like - maybe free wire transfers if they have it? I do have Schwab checking account which i love and use as primary.

Let me know your thoughts. I also wasn't sure what would be best way to move money from Citi Gold to Chase PC - as Citi Gold limits ACH transfers. I do have a capitalone360 which may not have the limits.

This still exists, unless you got downgraded to Citi Priority.

I think it was still advertised as a benefit on the Citigold website when I checked a few weeks ago.

LAX

The bad thing about Chase, both CPC and Sapphire Banking is its brokerage offering. The online brokerage service is very basic. And they won't let you trade any leveraged ETFs. This is a big killer of their offering.

Now I'm thinking of moving my $$$ away from Chase. Not sure where to park the money. Wish both Fidelity and Schwab have some premium offerings like Chase Sapphire. It is the only premium banking that offers free wire both domestic and internationally.

I wanted access to physical branches so I signed up for a Sapphire account. Since opening I kept getting calls to meet with their "guy", so I finally scheduled a phone meeting to hear their pitch.

WOW! This guy sounded like a stereotypical used car salesman. His pitch was to manage my money by putting it into bonds... for a small fee. I told him I was okay managing my own money and would pass. But the guy's opening line alone was enough to make me not want to speak with them ever again.

Well Schwab does have a partnership with American Express offering a co-branded Amex Platinum.

That does not add much. We need a full online broker with extended banking service. Or we need Fidelity or Schwab to offer something like Chase Sapphire/CPC or BofA Preferred Reward programs....

There is none as of right now. The $100 credit on AmEx Plat from Schwab is good. But not good enough.

If you want a full-service broker, Morgan Stanley offers its clients a co-branded Amex Plat; it has no annual fee with $1m in investable assets.

I just downgraded Chase Sapphire and moved to Merrill Edge. The only thing I get out of Chase Sapphire is the free wire transfer and occasional free ATM overseas. I used each probably 2-3 times a year. I think there are some alternatives, such as Schwab checking account etc.

I did not know what neither Chase nor Citi offers full range of products, such as leveraged ETFs. That should be considered basic with any online broker. Even the old Wells Fargo Advisor offers that more than 10 years ago.

A bit OT, but customer service at BofA/ME is bad. I keep just enough there to earn bonus on the CCs. I have had transfer bonus reneged despite of written confirmation. I have had them side with the merchant on a CC dispute despite of submitting documentation. Good luck.

LAX

It all depends on whom and what department you talk to. Merrill is much better than BofA since they have online chat. And the waiting time is none. Fidelity has very long wait time. Schwab is better. But Merrill still the best so far. I even have access to its banker in local branch or contact client manager.

For Chase, there is no online chat. But its secure messenger is great. But the support on the investment side is really lacking.

Citi is probably the worst. It closed all its local branches here. No access to any within 25 miles radius. Its phone system is a big mess. So I closed most of my bank/investment accounts.