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Chase - $9.95 for Quicken access

 
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ps56k
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PostPosted: Tue May 27, 2008 9:44 pm    Post subject: Chase - $9.95 for Quicken access Reply with quote

As I understand it, there is a fee that Intuit charges the Chase bank,
and they are just passing it along to the Quicken user.....

For $9.95 or about $120 A YEAR,
I can have the "luxury" of downloading my Chase data via Quicken....

I've been grandfathered since 1999,
and have been using Quicken since 2000,
but when we "added" a new Chase user ID,
to access the SAME ACCOUNTS
we were hit with the "new" $9.95 fee !!!

Amazing - what a business model....

--
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"If everything seems to be going well,
you have obviously overlooked something." - Steven Wright
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Andrew
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PostPosted: Wed May 28, 2008 3:46 am    Post subject: Re: Chase - $9.95 for Quicken access Reply with quote

ps56k wrote:
Quote:
As I understand it, there is a fee that Intuit charges the Chase bank,
and they are just passing it along to the Quicken user.....

For $9.95 or about $120 A YEAR,
I can have the "luxury" of downloading my Chase data via Quicken....

I've been grandfathered since 1999,
and have been using Quicken since 2000,
but when we "added" a new Chase user ID,
to access the SAME ACCOUNTS
we were hit with the "new" $9.95 fee !!!

Amazing - what a business model....

Can you threaten to "vote with your feet" to get the fee rescinded (And be
prepared to act on it)? I would think/hope that many times a bank will
rather not lose a long term (or 'good') customer over something like this...

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Regards -

- Andrew
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Laura
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PostPosted: Wed May 28, 2008 6:21 am    Post subject: Re: Chase - $9.95 for Quicken access Reply with quote

"ps56k" <pschuman_no_spam_me@interserv.com> wrote in message
news:sTW_j.610$89.600@nlpi069.nbdc.sbc.com...
Quote:
As I understand it, there is a fee that Intuit charges the Chase bank,
and they are just passing it along to the Quicken user.....

For $9.95 or about $120 A YEAR,
I can have the "luxury" of downloading my Chase data via Quicken....

I've been grandfathered since 1999,
and have been using Quicken since 2000,
but when we "added" a new Chase user ID,
to access the SAME ACCOUNTS
we were hit with the "new" $9.95 fee !!!

Amazing - what a business model....

Check to see what that charge is for. Downloading transactions is usually
free but bill paying through quicken is not. Chase will assume you are using
the Quicken billpay feature and try and charge you unless you speak up.
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L
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PostPosted: Thu May 29, 2008 1:05 am    Post subject: Re: Chase - $9.95 for Quicken access Reply with quote

"ps56k" <pschuman_no_spam_me@interserv.com> wrote in message
news:sTW_j.610$89.600@nlpi069.nbdc.sbc.com...
Quote:
As I understand it, there is a fee that Intuit charges the Chase bank,
and they are just passing it along to the Quicken user.....

For $9.95 or about $120 A YEAR,
I can have the "luxury" of downloading my Chase data via Quicken....

I've been grandfathered since 1999,
and have been using Quicken since 2000,
but when we "added" a new Chase user ID,
to access the SAME ACCOUNTS
we were hit with the "new" $9.95 fee !!!

Amazing - what a business model....



Intuit really hit the banks with a big hammer the past couple of years (if
the number of banks now charging for access through Quicken is any
indication).

Wachovia also has a fee for Quicken users... but ONLY if the transaction is
INITIATED through Quicken. Use of the Wachovia website is free, and download
to Quicken is seamless. Instead of using the 'update' button in Quicken, I
use a download button in Wachovia.

I suspect Chase uses a similar price point. If it is possible to download
the data TO Quicken there really is no reason to download IN Quicken, other
than the use of the 'one-step' update button to update all at once.
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BRH
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PostPosted: Thu May 29, 2008 1:16 am    Post subject: Re: Chase - $9.95 for Quicken access Reply with quote

Quote:




Intuit really hit the banks with a big hammer the past couple of years (if
the number of banks now charging for access through Quicken is any
indication).

Wachovia also has a fee for Quicken users... but ONLY if the transaction is
INITIATED through Quicken. Use of the Wachovia website is free, and download
to Quicken is seamless. Instead of using the 'update' button in Quicken, I
use a download button in Wachovia.

I suspect Chase uses a similar price point. If it is possible to download
the data TO Quicken there really is no reason to download IN Quicken, other
than the use of the 'one-step' update button to update all at once.


Actually, I belive that Wachovia charges this fee only to new customers.

I've banked with Wachovia for about 10 years now and have never
incurred this fee. ....And I do initiate my transactions from within
Quicken.

On the other hand, I just got off the phone with Bank of America (I'm a
new customer there). BofA does charge $9.95 for the same service, uless
you pay the bills, etc from their website and then download the
transaction into Quicken.
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Colonel Blip
Guest





PostPosted: Thu May 29, 2008 4:27 am    Post subject: Re: Chase - $9.95 for Quicken access Reply with quote

Hello, ps56k!
You wrote on Tue, 27 May 2008 11:44:14 -0500:

Saw this and thought - that's the pits; if it were me I would change banks.
Then I received a flyer from my bank (Amegy) in my monthly statement that
they were going to charge $3/mo for downloading direct from Quicken. Guess
what - I'm walking and have told them so. The bank I am going to claims they
do not have the fee - they may have it coming tho - my old bank starts
charging in July.

Thanks,

Colonel Blip.
E-mail: colonelblip.no.spam.please@bigfoot.com

p> As I understand it, there is a fee that Intuit charges the Chase bank,
p> and they are just passing it along to the Quicken user.....

p> For $9.95 or about $120 A YEAR,
p> I can have the "luxury" of downloading my Chase data via Quicken....

p> I've been grandfathered since 1999,
p> and have been using Quicken since 2000,
p> but when we "added" a new Chase user ID,
p> to access the SAME ACCOUNTS
p> we were hit with the "new" $9.95 fee !!!

p> Amazing - what a business model....




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