Though no reasonable person would have suspected that Android Pay would get early support from every vendor, bank, and finance company, Chase has loomed large as among the most conspicuous absences. It doesn't help that the banking giant announced Chase Pay last month, which is like Android Pay except worse in almost every way.
After a post on Reddit claimed to have been told by a Chase rep that they were adding support for Android Pay in 2015, Chase customers began to look forward to being first-class Android Pay citizens. It is worth noting, though, that in other public venues and in private communications with users, Chase was very vague about timelines.
JPMorgan Chase announced a really cool idea today. Rather than use cash, check, or physical credit card, why not use a single service to substitute for all those methods from a mobile device? Knowing that consumers clearly want this and have never heard of anything like it, the banking giant announced Chase Pay, which will indeed be a mobile payments service that ties into Chase bank and credit card accounts. All kidding aside, this looks like a real dud.
Beside the fact that it looks at first blush like an imitation of the similar Android, Apple, and Samsung Pays, you will only be able to use your Chase accounts, should you be one of the 50% of American households that has one.
Something I loved after signing up with Simple Bank was that the app offered super quick account access - once you signed in with a pass phrase, you needed only to enter a PIN to get to your account. It seems that Chase has (at last) found a way to provide at least a quick glimpse into your account.
While it doesn't provide full account access, Chase's latest update does give users the option to opt in to a pre-login account summary, where a simple gesture will give an overview of your account, without needing to enter your password and wait for the login to compete.
If you're a customer of Chase Bank, you probably know the pain of opening the bank's crusty old app and dealing with legacy menus and other interface nonsense. But you probably also got an email in late August letting you know that the app would be completely redesigned, and that Chase planned to launch the redesign in September. Well, that redesign is finally a reality, and available in the Play Store right now.
Chase customers who use the bank's official Android app to stay on top of their banking on the go received an update recently, bringing the banking app up to version 2.7 and adding a few very handy enhancements.
Perhaps the most notable enhancement brought by the new update is the ability to scroll through up to 24 months of transactions related to Chase deposit accounts. The update also adds significant functionality for Chase Liquid customers (Liquid being the bank's reloadable ATM card service), including the ability to view account info, transfer money to your account, and use Chase QuickDeposit. Customers can also view in-app notices for things like upcoming service outages and app functionality.
Ever since Chaselaunched its mobile deposit feature in the Android app, I've been using it to deposit checks pretty much exclusively. The only times I couldn't use it were when check amounts exceeded $1,000 or I went past the $3,000 calendar month limit.
Thankfully, according to the letter we just received from Chase, these limits are going up on October 2nd to $2,000/check and $5,000/month. Hopefully, this means that they've tweaked the check recognition algorithms and increased confidence in the program enough to continue increasing these limits in the future. Excellent.
You can find the full text of the letter below:
Dear Chase Customer:
You are receiving this message because you are enrolled in Chase QuickDepositSM.
For the past few weeks, a very talented Android Police fan Mike Smith has been working on something special for us - our very own video intro that we can use as a pre-roll in the YouTube channel going forward. Today, I'm proud to show all of you the final product.
Here goes - the world premiere of the official Android Police video intro (toggle it to 720p to experience the best quality):
So, what do you think? Let Mike and us know in the comments.
P.S. You may remember Mike from this gem he created to show his loyalty to Android:
Chase, a subsidiary of JPMorgan Chase, today released its official and long-awaited mobile banking app for Android. Since I am a Chase customer with 3 credit cards and a checking account (migrated from WaMu), I decided to take it out for a quick spin.
The Chase app features the following:
instant check deposits by taking photos of the front and back with your phone's camera - it's not the first bank to do this, but it was certainly the #1 wanted feature on my list
viewing account balances and transaction histories
paying bills using Chase bill pay
paying credit card balances
money transfers, including both account-to-account and wire transfers
The app is very secure - it requires your password every time you sign on and does not store it anywhere.