Temerity and unmitigated gall are just a few of the repeatable terms that came to mind when I read the terms and conditions of Chases latest slap in the face to consumers with their pseudo promotion of Overdraft Protection (For whom?). Not only are the egregious terms and conditions an outrage and a sham trick to finance their way out of their self-induced recessionary woes on the backs of their customers the offer is filled with multiple caveats such as "we may, at our discretion, etc. etc. which enables them to impose horrendous fees whenever it's most advantageous for them to do so. And what for? All for the privilege of having your overdrafts honored for the sole purpose of enabling them to charge you for said "service".
That's not all. It seems that even if your wise enough not to take the bait and refuse to sign up they can still get you if you are (as most of us are today) an automatic bill payer. Here they indicate that even if you decline the service they will still apply their new outrageous fees to any of your payments that cause an overdraft. They give themselves the right to do anything they please while you irrespective of whether you resist or acquiesce will pay a hefty price by continuing to be a Chase victim. Vote with your feet. Take your money out of Chase and bank elsewhere -Today!!!