How to Waive Your Chase Bank Overdraft Fees
Bank fees are an unfortunate fact of life for many customers all around the world - regardless of the specific financial institution. Bank fees can be inconvenient and stressful, especially since they can easily add up to hundreds of dollars per year. You don't have to deal with bank fees sitting down, however.
DoNotPay can help you fight and appeal unwanted bank fees, such as Chase Bank overdraft fees. Read on to learn everything you need to know about Chase Bank overdraft fees, how to appeal them, and how to use DoNotPay to handle all your bank fee issues.
What Are Chase Bank Overdraft Fees?
Chase Bank is one of the largest and most popular financial institutions in the United States. While millions of satisfied customers use Chase Bank every day without issue, unexpected fees can cause some inconveniences. Overdraft fees are a common type of Chase Bank fee.
An overdraft is when you don't have enough money in your account to cover the transaction, so Chase Bank covers the cost for you. Here are some important things to know about Chase Bank overdraft fees, according to the Chase Bank website:
- Overdrafts are covered at the discretion of Chase Bank, meaning that not every transaction might be covered.
- For every overdraft covered by Chase Bank, you will get charged a $34 Insufficient Funds Fee.
- Chase Bank won't charge a fee for item(s) that are $5 or less.
- Chase Bank won't charge an Insufficient Funds Fee if your debit card transaction was authorized when there was a sufficient available balance in your account.
Clearly, at $34 per transaction, those overdraft fees can really add up. Chase Bank does offer a few ways to protect yourself against these fees, however.
You can compare Chase Bank overdraft fees with other banking institutions
|Banking Institution||Overdraft coverage Fee (per item)|
|Bank of America||$35|
|Fifth Third Bank||$37 (or $10-$12 transfer fee from the linked account).|
|Chase||$34 (or $0 transfer fee from the linked account).|
|Citibank||$34 (or $10 transfer fee per day from the linked account).|
How to Avoid Paying Chase Bank Overdraft Fees
With certain types of accounts and services, you do not have to pay an overdraft fee at Chase Bank when you overdraw your account.
- If you have Chase Overdraft Assist, you won't get charged an Insufficient Funds Fee if your account balance is overdrawn by $50 or less at the end of the business day. Chase Overdraft Assist comes with select Chase checking accounts, so you will have to reach out to a Chase Bank representative to see if your account is eligible.
- If you have either the Chase Sapphire Checking or the Chase Private Client Checking account, the Chase website notes that you do not have to pay an Insufficient Funds Fee when the item(s) is presented against an account with insufficient funds on the first four business days during the current and prior 12 statement periods.
What to Do to Get Chase Bank Overdraft Fees Waived
If you are already getting charged Chase Bank overdraft fees, you probably want to do what you can to get rid of them - fast. Here's how you can appeal your overdraft fees to Chase Bank:
- One option for disputing an unfair bank fee is to contact Chase customer service. You can call 1-866-564-2262 to speak with a representative. Make sure to have your account details with you, such as the account verification question that you might have set up when you first activated your Chase Bank account.
- When speaking with Chase Bank customer service, make it very clear to the representative that you believe the charge is unfair. You can catch more flies with honey than with vinegar, so if you are polite and respectful to the representative, you might get somewhere with disputing the charge. Still, not every phone call results in a fee being waived, so be aware that you might have to take additional steps to get the fee handled.
- Another option for waiving bank fees is to visit your local Chase Bank branch in person. Speaking with a manager might have a better outcome than making a phone call to the main line, and could result in a speedier resolution to your issue. Call ahead to verify the branch's hours, so that you don't waste time traveling to the branch only to find out that they are closed.
Utilize DoNotPay to Handle Chase Bank Overdraft Fees
Do you want to get Chase Bank overdraft fees waived but bypass the stress of handling it yourself? DoNotPay has you covered in 4 easy steps:
- Open the DoNotPay Fight Bank Fees product.
- Enter the name of your bank.
- Verify the last 4 digits of your bank account.
- Choose which fees you want to waive, including overdraft, ATM, and transaction fees.
And there’s still more you can do with the app.
DoNotPay Can Handle Your Bank Fee Questions and Concerns
Do you have other questions about bank fees and issues? Here are a few ways DoNotPay can help you
- Wells Fargo checking account overdraft fees.
- Bank of America overdraft fees refunded.
- Do banks charge overdraft fees on weekends?
- TD Bank overdraft fee.
- Banks without overdraft fees.
- PayPal transfer to bank fee.
- Bank of America ATM fees.
- Fifth Third Bank overdraft fees.
- Citizens Bank overdraft fee.
What Else Can DoNotPay Do?
DoNotPay can help you with not only fighting bank fees but more legal and everyday issues
- Sue Anyone in Small Claims Court
- Revocable Living Trust
- Insurance Claims
- Help With Bills
- Gift Card Cash Back
- Find Unclaimed Money
- File a Complaint Against Any Company
- Credit Cards
- Breach of Contract
- Create a Power of Attorney
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