"But nobody knows.". So what happened to their remaining $25,000? Apparently they deactivate accounts due to inactivity. Account agreement violations could include inactivity for a prolonged period of time, repeated overdrafts or illegal activity. As CBS2's. These are some of the questions that I would start asking myself immediately when and if this happens to me. "I think you helped, because when I was in the branch yesterday, they knew I was talking to you," Miles said. Deposit products and related services are offered by JPMorgan Chase Bank, N.A. You may not think it could happen to you. BEN POPKEN. Chase: Sir,I am sor. I have over $50,000.00 on deposit with them and they pull this?? When it does, were here to help you know what to expect and what options you have. "They can't explain it, and they feel that they don't have any no obligation, even though we have a book," said Salvatore Russo. How scammers are using this popular banking service to drain your bank account. Chase Savings Account | Savings | Chase.com The bank also might shut down your account if it suspects youre committing suspicious or illegal activity, such as money laundering. Choose the checking account that works best for you. (JPMCB). But when they went to withdraw the cash in 2014, the money was gone, WCBS 880's Sophia Hall reported. It appears your web browser is not using JavaScript. Chase Bank acknowledged reports of some customers seeing incorrect balances in their checking accounts and said the problem has now been resolved . Cedar Fair. Miles asked us to obscure his identity because he doesn't want the world to know he's got this much money. @CNN News Room producers and researchers.. search Chase Bank. they are experiencing a major glitch or hack where people money, and deposits from work are disappearing and not showing up in the available balance.. please investigate. Chase, JPMorgan, JPMorgan Chase, the JPMorgan Chase logo and the Octagon Symbol are trademarks of JPMorgan ChaseBank, N.A. "He appears to be a victim of identity theft. If you don't use your Chase online savings count for 60 days, it becomes deactivated. I am less concerned with such cases because although the account disappeared temporarily from the site due to system errors, the account and its details will most likely be restored following the program correction. In some cases, it may be frozen due to suspicious activity, while in others, it may be frozen due to a court-ordered judgment. 2023 CBS Broadcasting Inc. All Rights Reserved. That was all it took, she said, for the fraudsters to create a Zelle account in her name and gain access to both her checking and savings accounts all within hours of their phone call. This account makes it easy to start saving. 2- When the entire site is down, then all accounts would become inaccessible. We understand life happens. - April 22, 2018 04:26 am EDT. Lets say you havent written a single check in the past two years or have made only two debit card transactions in the past three years. Then it might have been you. Why Are Interest Rates So Low on Savings Accounts? If you dont receive a notification or explanation, reach out to your bank immediately. Get a mortgage, low down payment mortgage, jumbo mortgage or refinance your home with Chase. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning.
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why did my savings account disappeared chase