Chase Has Now Locked Users Out of Their Accounts
Chase has now locked users out of their accounts according to several customer reports on Friday.
71% of reports are coming in from login issues, 19% from transfer and wire issues, and 10% of reports are still coming in from problems with ATMs.
The chart below shows a view of problem reports submitted in the past 24 hours compared to the typical volume of reports by time of day.
It is common for some problems to be reported throughout the day.
Downdetector only reports an incident when the number of problem reports is significantly higher than the typical volume for that time of day.
“Could JPMorgan Chase Bank at least please let us know WHY they’re off-line and give us a time estimate as to when they’ll be up?” says Chase customer Eric Talbot.
“Chase online down and I cant pay my bills, if we are late the bank can charge us zillions but when the screw up we just have to sit and wait like its a privilege,” says another online customer.
“The challenge is that when we deposit our money in a bank. We have essentially loaned our money to the bank to do with what they please. In the fine print of your banking agreement they have the right to allow you access at their discretion,” says Michael Potter.
Reports throughout the banking sector have been coming in hot of users being unable to gain access to their funds.
Just last week, JPMorgan Chase customers were unable to gain access to their money through ATMs.
In many cases, banks have begun to completely freeze customer accounts with little to no explanation.
And if this wasn’t enough, reports of Green Dot Bank holding retirees money hostage has blown concerns in the banking sector out of the water.
What in the world is happening? I’d love to hear your thoughts. Leave a comment down below.
For more US Bank News and updates like this, opt-in for push notifications.
Bank News For You
A US bank has now left customers with no money as users nationwide report being defrauded and locked out of their accounts.
More Green Dot Bank customers are speaking out against the bank in the latest scandal that has users trapped with no access to their money.
Other users are reporting funds being completely gone from their accounts.
These bank customers are losing access to hundreds and even thousands of dollars, which is rightfully theirs to begin with.
“Green dot took me and thousands of peoples money. None of us can access it. WE HAVE SHIITTT TO PAY,” said one user on Saturday.
“For the first 2 months of having Greendot everything was great. Then I go and try to use my card and it’s declined. The d*** b!** said to wait an hour or day. ITS BEEN A WEEK!! I feel terrible for the people who’ve lost hundred of $$,” says Anna.
“I’m going through the same thing. My funds are gone. I believe now the bank is holding it hostage. It’s my SS money and I can’t get it back they keep extending the date. I’ll get my new card with my money on it this has been going on since the August 1 and I was in the hospital when I was hacked..I want my money it’s mine not yours green dot,” says Sandra Machuga, who’s reported to FrankNez before.
US Treasury Direct customers have also reported being unable to access their accounts.
Tammarra Johnson reported to FrankNez that TreasuryDirect has frozen her account ever since she made a deposit going all the way back to April.
“My account has been frozen since April right after I deposited $1,500 from a settlement. I mailed in the required form from my bank that was needed to unlock my account and it is still locked.
It’s sad to know financial institutions are basically taking citizens money like times aren’t already hard.”
Also Read: Banks Are Now Closing Thousands of Accounts Daily
Market News Published Daily 📰
Don’t forget to opt-in for push notifications so you don’t miss a single article!
Also, thank you to all of our blog sponsors. This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.
You can also follow me on Twitter, Instagram, Facebook, or LinkedIn for daily news and updates on your favorite stories.
Become a Sponsor for only $1/mo.
- Gain access to EXCLUSIVE FrankNez articles you won’t find here.
- Become part of a private and safe Discord community, just for retail investors.
- Get drawn at the end of the year for holiday giveaways.
Recommended For You ✨
Leave a Reply
You must be logged in to post a comment.
Leave your thoughts below.