Quote:
Originally Posted by mercurial333  Liquid works just fine.
It's almost like a regular checking account with a debit card, except a few limitations. After 6 months you can can increase the limit on the debit card up to 10.000$ a day spending limit. You can also open a Liquid account if you are in Chex, which is their biggest purpose. |
BTW, if this Liquid card works fine then why the heck does everyone not use it? $4.95 per month with a Chase account is peanuts as long as you can use it in your country.
I just opened a Chase Liquid account today. I have the paperwork, just haven't read the TOS yet.
I'm hoping there in NO maximum deposit amount, just a spend limit.
I went to Chase today thinking I would just open another Checking or Saving account. The manager then suggested this Liquid card which I was not aware of. He said it works very similar to checking except you have NO checks and lower fees. He also said
another nice feature is someone can not overdraft your card like a Debit card tied to a checking debit card.
He issued the card right there on the spot. It does not have my name on the card, he said that will come by mail next week.
If you only have $200 in the card you can not spend more than $200. Unlike a debit card tied to a checking account which can be abused.
He told me to stop using my Checking Debit card and deposit money into that card so my checking account does not get abused. Another nice feature is that the Liquid is part of my Chase Online account that I can check 24/7. I can also add and withdraw money to my other Chase accounts at any time.
When I got home today I logged into my Chase Online account and sure enough, my Liquid Chase was already listed with my deposit today.
It was cheaper, $4.95 per month and he said I can open as many as I like. I said how about 30 cards? He said, as far as I know their is NO limit. He then asked why and I told him I had a lot of nieces and nephews I would like to help from time to time.
He said, you don't need to tell us why as long as your account is in good standing with Chase and you understand the $4.95 is for EVERY card. So TEN cards is $49.50 per month.
I replied, that's fine with me. I opened 3 cards today. Will be creating 3 Stealth PPs in the next 48 hours.
I'll keep everyone updated. One of these cards will have over $10,000 withdrawn from PP over the next 2 weeks (fingers crossed).
I really hope this works.
Wish me luck.
asking for 4...
