Chase banking policy – You can’t deposit cash into another checking account unless you have a checking account with Chase.
I signed my son up for the new Checking Account $150 Free offer. I went into the branch today to deposit $100 into my sons account, because to get the hundred fifty dollar bonus you need to make a minimum deposit and also have direct deposit.
While trying to deposit $100 cash into my sons account, they would not let me since I don’t have a Chase checking account, I do have a Chase Freedom Card, but that was not good enough. Makes me wonder if its worth banking at a place that won’t allow you to make a deposit into someone else’s account, seems fairly ridiculous to me.
Has this happened to any of you? I would love to hear your comments. Or if you’re a banker, an explanation will be wonderful.
Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Compare the top Excellent Credit Card Offers - CreditSoup Balance Transfer Cards