JPMorgan Chase Bank, MIAMI - BRICKELL CITY CENTRE

worst bank i ever did business with
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by klikli, Feb. 02, 2011

i have been with chase bank for quite a while. i had all my business and personal accounts with them and maintained three times the minimum average balance they require to keep your accounts for free on their business accounts.

A month ago i decided to open a credit card with them and to keep everything in one roof as i wanted to establish my relationship with my bank.

I got the first letter of their underwriters with a denial. Reason? too many inquiries. i asked to review my establishment and relationship with the bank and based on that to determine if i am still eligible for some sort of a credit card. Remarkable to say that my credit score is over 700 and i have an established credit going back 4 years prior to the date i applied with them.

So the second review comes around a week later with another denial for the same reason. I asked to get a copy of my credit report as per the law states, so i did and i was told that i had many inquiries on my credit report that would not allow me to get approved. As i went through my credit report, SURPRISELY I FOUND OUT THAT THESE INQUIRIES THEY WERE REFERRING TO WERE NOT EVEN CREDIT INQUIRIES BUT CREDIT MONITORING INQUIRIES INSTEAD!!! i had signed up last year to one of those credit monitoring services to monitor my credit report. Every month they hit your credit twice to generate a full report. This was not even a full hard inquiry on my credit report so then i sent another review and a week later i got another denial for the same reason.

That was it.. i went to the local chase branch today, and asked to close all my accounts. I had 2 business accounts checking and saving and 3 personal checking accounts.

It sounds to be that its impossible to get a credit line with chase, and the most frustrating of all is that they were GIVING ME SUCH A HASSLE FOR NOTHING!! My credit score is excellent and i never missed a payment.

Total frustration and disappointment. I will NEVER NEVER AGAIN go with chase and i will not refer anyone to them as i used to do.

* this reviewer has be with this bank for 6 months - 1 year
* this reviewer had 1 - 2 banks before.
* this review was made on JPMorgan Chase Bank, Miami - Brickell Bay Branch at Miami, FL
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