I closed my CHASE account today.   I asked for the money in cash.  The rep tried to talk me out of it several times.  He wanted me to take a Cashier's Check.   I told him that I no longer trusted CHASE and want it in cash. So when you close your account be sure to get cash, too.  I immediately deposited the cash in a regional bank where we have a business account.

I told the bank rep that I would not be responsible for any payments they made from this account and handed him a letter to that effect (see below).  He then said it did not matter, CHASE will continue to pay any automatic payments submitted and charge over draft fees, to boot.

So, you see, CHASE told me that I could not close my account and will be charged fees should they pay out something from it by THEIR choice.

All I can say is, GET YOUR MONEY OUT OF THAT BANK ... NOW!

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The letter I left with CHASE reads:

The bank rep said that they will still pay any automatic payments because they have a contract with the party submitting such payments.  We went back and forth a little and he then said well I am not going to argue about it that is the way it is.   I said we will see and left.  You cannot even close your account according to CHASE and will rack up fees and charges although you removed your money and closed it.  So get your money out of there ... NOW!

"To Whom It May Concern;

 

I wish to close my account on Friday, November 27, 2009.

 

To my knowledge there are no outstanding checks or debit charges. 

 

Since I am closing my account today, I will not be responsible for any advances or payments you make from this account in the future since it will no longer exist.  If you do so, you do so at your own risk and I will not be liable for such payment for I no long longer have a business relationship with you and no longer authorize you to make any payments on my behalf.   Should you do so, I will also not be liable for any overdraft fees or related charges since I will no longer have an account with Chase."