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Chase Continental Debit card checking changes

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Chase Continental Debit card checking changes

   
Old Aug 25, 2011 | 5:53 pm
  #76  
jdw715
 
Join Date: Mar 2006
Posts: 76
What's the latest on Business Checking? Is five transactions required to waive the monthly fee? I plan on closing my personal account; does this affect the business account?
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Old Aug 25, 2011 | 6:16 pm
  #77  
Happy
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Originally Posted by jdw715
What's the latest on Business Checking? Is five transactions required to waive the monthly fee? I plan on closing my personal account; does this affect the business account?
Yes 5 debit card transactions are grandfathered - it can be either PIN or non PIN but I always do it non PIN.

Dont think canceling the personal account would affect business account - it is the other way round - the business account carries the personal account, i.e. only need 5 debit card transactions on the business account to make both accounts free of monthly charge. Because of that I dont see any need to close the personal account, especially there would not be any similar promotion in the future thanks to the new laws.
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