/biz/ - Business & Finance

>>56307230
They’re crypto friendly in the US…for now lol

>>56307333
How so? You can buy coins with them?

there is no appeal, they just have customer loyalty like all megabanks. bank of america for example posted a massive profit beat last quarter because they paid the least interest on customer deposits because they were too lazy to move them into higher yield savings or MMFs.
americans are literal shabbos goyim golems who love to make massive profits for the biggest croniest jewiest corporations

>>56307516
This and Jamie Dimon .

>>56307230
the only credit card in USA that lets you accumulate points with korean air

>>56307333
This
>>56307459
They're the only fiat ramp that haven't freeze my transactions for "suspicious activities". Have that happened on Huntington, BMO and Bank of America. But its only a matter of time until they aren't so friendly

>>56307613
>They're the only fiat ramp that haven't freeze my transactions for "suspicious activities".
.....where you doing suspicious activities?

>Wells Fargo, but blue!

That’s it. That’s the appeal.

>>56307230
>>Company Is named raper rv

>>56307333
>>56307613
>They’re crypto friendly in the US…for now lol
Isn't that dependent on the exchanges you use or the on ramps? I use Wells Fargo and use Coinbase as my offramp, I spoke to the bankers to see if it was okay to wire $15k or if it would get flagged and it's gotten through.

>>56307230
> >overrated credit cards
Chase's Sapphire cards and Amazon card are super popular. Which cards are better than these?

>>56307757
citi, capital one, amex are all objectivley better

>>56307799
In what ways?

>>56307847
None. Credit cards are all a giant scam and anyone who tells you otherwise is lying.

>>56307230

I see tons of Wells Fargo and Chase branches in the ghetto

>>56307230
What bank do you recommend if not them?
inb4
>Hells Fargo
>DOA
>Shitti

>>56307230
Same as Wells Fargo, they’re huge and literally everywhere despite being complete shit.

>>56307230
>>56307333
>>56308368
Pretty much this.
I usually don't need to go into a banking branch, but when I do Chase and Wells Fargo are the only ones that have one open and available.

>>56307230
enter and steal discreetly, and deny everything when they question something
if you don't like something you just ignore it or steal it
this way you save food, water, energy, everything, my neighbor cries about it, but at least I can keep fattening my VINU bags

I have bank of america and never had issues buying crypto. What gay psyop is this thread going for?

>>56307230
Between too big to fail and the background of the bank itself.

>>56308437
Depends on what you're doing. I've had bofa decline direct transactions with on-ramps but it's never turned down a deposit or withdrawal from a kyc'ed exchange. The guys that want to get around kyc are the ones chimping about their banks turning transactions away for the most part.

>>56307753
I used Wells Fargo in 2017 to buy ETH from goybase and they froze my account. I had to talk to a banker in person to unfreeze it meanwhile Chase didn’t give a shit

>>56307230
marketing + large number of locations

poorfags think getting a chase account is becoming a financial adult

>>56309579
I bought lay 2018 early 2019, and continued buying up to 2023. Though I've bought in $500-$2k increments, so nothing wild. Maybe it's the amount. Though I kept my offramps amounts to less than $10k, but I needed the $15k soon so I spoke to a banker, showed coinbase and it went through.

I thing now more than ever, banks are kinda crypto friendly especially if you depositing from "legitimate" exchanges. Banks gotta have that sweet liquidity lol
>Sure we'll let you wire $100k to your account
>Oh, you want full access to it today, we can't do that, you have to wait.

Though, I think I noticed bank fuckery happens more with checks and wire transfers.

>>56307230
the annoyance of changing over all of my payments and moving all of my money is not worth the pittance in extra interest I'd make. I had a WaMu account back in the day. I'd never have picked Chase myself desu.
>hidden fees
not really unless you're a hundredaire or something lol.

>>56307333
>>56307613
USAA FSB works fine for me. My boomer dad was in the reserves for five years so that makes me part of a "veteran family" lol.

>>56310604
>keeping more than $1 in a bank and not withdrawing crypto as needed
Do goys seriously do this? What part of we loan everything and supply 1/10th do they not understand?

>>56307333
I work for a crypto company and they closed my account because I got a paycheck from them

>>56307230

I don't use them.

>>56308455
whats bofa

>>56307230
>is the preferred bank of the treasury and federal reserve

>>56307333
Only crypto friendly bank is Wells Fargo because they themselves are doing shady shit.

>>56307230
I've never been able to get a card with them, and I have a 750 credit score. 5 applications denied so far. What goes on there?

AMEX Platinum holder here, btw (still profiting despite the 700/yr fee, due to massive sign up bonus and cancelling card soon as I transfer points to an airline and buy round the world ticket). Not like I'm poor or churn often. For me it's 1 card per year max.

Do you really have to have a bank account with them just to get anything from them?

>>56310700
I keep ~1000 in a bank just to keep them happy. There is no need for banks as a business model anymore. Brokerages work just as well, and to a lesser extent crypto does.

>>56307230
They have a branch whereever you go

If you want high interest XDs, just buy t bills

I opened a Chase account during the banking nothingburger earlier this year.
>branch in every corner I can withdraw cash from
>kind of related to JPM? So maybe a bit more likely to give you some money in a crisis event? Assuming you're early enough.
I just keep the minimum cash in the account to not pay monthly fees - I think it's $1500? Can't remember.

>>56307230
I'm not a customer with them but they let me cash in my coin rolls I get from my bank. Always a nice option.

>>56307230
They have the Amazon Prime credit card. I opened a secondary savings account with them because I was already using them for the Amazon card, but I would chosen a different bank if I'd realized just how dogshit they are.

I only have about $2500 in that account and I'm thinking about moving it to another institution. Giving .01% on a savings account in 2023 is fucking high tier kikery and feel like a retarded piece of shit the longer I leave my money with them.

Megabanks are for business loans.

>>56308091
banks profit off feral niggers too, just in different ways they profit off whites, otherwise you wouldnt see banks everywhere

>>56307230
Dunno.

When I was 18 they were killing me with inactivity fees (didn't have a regular paycheck) so I dropped them.

They run most of the hotel and airline reward credit cards.

>>56307230

>terrible customer service
their customer service is the same as almost every megabank

>terrible CD's
use a money market instead

>terrible checking account hidden fees
theres no hidden fees, you are just a double digit iq typing nonsense with your brown hands

>terrible savings acc rates
again use money market

>overrated credit cards
id say amex is overrated, chase actually has some nice cards on both the visa and mastercard network, unlike amex which is denied at some places

overall OP is just either poor or stupid or both

I use Chase as my primary checking account and the balance basically never goes over $2000. They will never, ever have serious savings accounts rates because they don't need them. They're among the most trusted Jews out there so they get to slurp all of the margin and goys happily let them. Also their credit cards are fantastic so weird to include that when you're definitely right about their rates being a total joke.

It'll be gone soon anyway.

>>56317459
Chase customer service is fantastic. poor OP

chase credit cards are extremely good compared to the rest of the world, and whats available to the average american.

>>56311410
>I've never been able to get a card with them, and I have a 750 credit score. 5 applications denied so far. What goes on there?

that's pretty crazy, maybe you've had too many cards during application with 5/24 rule?

>>56317459
>use a money market instead
>again use money market

You clearly don't bank with Chase yet feel as if you know anything. They don't offer either HYSA or any type of Money Market. Otherwise this wouldn't be an issue. Your only option at getting an interest above .01% is to open a CD, and even then the rates are very low.

Chase is a shit bank and yes there Customer service is shit too. You've clearly never been with Navy Federal or any Credit Union if you think Chase is a good financial institution.

Fuck this pissed me off.

i don't know anything about chase but there's no fucking way they can be any worse than wells fargo. hells fargo is the truth.

>>56318181
I was literally having this discussion with a friend on Friday about which is worse. WF consistently gets into legal trouble because of underhanded business practices so they're probably worse, but in terms of actual consumer products they're probably the same.

I would highly recommend avoiding the megabanks. I hate Chase vehemently because I had only banked with Navy Federal from age 12 until age 27. They gave me my first credit card at 23y/o with a $7500 limit when I had a sub 500 credit score. 5 years later, and I now have 2 total cards at NFCU with a $55,000 combined limit and a score of 753.

In comparison I've had the Amazon card with Chase for about two years, and these cocksuckers wouldn't give me $2,000 limit increase until two months ago. Not only do they have poor savings products, they don't trust any of their customers with credit until they're richfags.

Integrated stock trading platform

>>56307230
You just described WF.
>>56307706
Yup.

JPM is the current golden calf, since they consumed the profitable parts of Citigroup and came out on top after its collapse, due to their at that point prudent risk management. However they are the current most leveraged bank and will likely suffer the same fate as Citigroup whenever the music stops this time

>>56318239
>In comparison I've had the Amazon card with Chase for about two years, and these cocksuckers wouldn't give me $2,000 limit increase until two months ago. Not only do they have poor savings products, they don't trust any of their customers with credit until they're richfags.

how strange. amazon chase card was my first chase card, started off with a $,1500 credit limit. i didn't ask for limit increase because i was stupid and didnt know it was a thing until like 2 years later. i've got like $20k credit limit in 3 cards with chase and i'm definitely not a richfag. i think they rely more on credit history and FICO, but i dunno what happened with you since you had good credit history. only thing i can think of is that they have a hard limit on giving you credit limit increases more than half of your self-reported income.

>>56318334
The card limit I started with at Chase was $10,000, now it's $12,000. I don't know what their logic is but I don't like it. Maybe Navy Federal is just overly liberal with giving out credit, but going from them to Chase was eye opening.


If it weren't for that Amazon Prime card I would close down my savings account with them and move my money to online. I only opened it as a secondary account to stash money, and thought it'd be convenient. Little did I know about their kikery.

Amazon card with 5% back is pretty great.
As long as you pay it off every month (as you should) it's like having a discount every time you buy shit on Amazon.

>>56318611
Except that Amazon always jacks their prices up

>>56318481
>Maybe Navy Federal is just overly liberal with giving out credit

it's very generous in a lot of ways, since it's a credit union and for the benefit of government/military workers. definitely wish i had an account there but my own smallish credit union does ok.

>>56318734
>definitely wish i had an account there but my own smallish credit union does ok.

It's not that hard to get. You only have to get a referral from a friend who has an account. They don't even have to be in the military or government. If you have any friends who bank with NFCU just ask.

>>56307230
>>56318126

>>56319081
That's cool that you found that. I'm guessing those are CDs being traded on the open market. If you look at the rates actually offered to their customers in the app. The highest rate they offer is 5% APY and it requires a $100k minimum. Everything is else between .03% and 4.00%.

I tried to screenshot it but they don't allow it on the app.

>>56319149
Those are new issue, not secondary market. Though being brokered through fidelity might have some influence on the fact the rates are higher.

>>56307230

>>56319149
all banks try to fuck their own retail customers with that bullshit. go around it.
>>56319249
yep. fidelity and other brokers offer direct access.