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I was recently approached by Chase for their Private Client membership and while I had heard that it isn't worth having one, I agreed to get on a call with them.

Most of the perks they offered were fairly dated: easy withdrawals, higher limits on check deposits, free wires etc: things that I don't anticipate taking advantage of any time. When I told them about my indifference to the perks, they said that the biggest perk is actually the relationship you would build with the bank and then the bank can take care of all my needs.

I know it is just sales talk but before I decide not to go further on this, I want to check if this really means anything. Are their real-life situations where a good relationship with the bank might be very useful? For context, I am an immigrant in the US on a work visa, have good credit, with no immediate plans to take any loans or start a business.



Submitted September 18, 2021 at 09:19AM by throwchasey https://ift.tt/3hLcpXo

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