Chase Bank, a division of JPMorgan Chase, stands as the largest bank in the United States with over 4,700 branches nationwide. Whether you're looking for basic checking, high-yield savings, or comprehensive banking services, this guide covers everything you need to know about banking with Chase.
Chase Checking Accounts Overview
Chase offers multiple checking accounts to fit different banking needs. Understanding the options helps you choose the right account and avoid unnecessary fees.
Chase Total Checking
The most popular Chase account, Total Checking works well for everyday banking. The $12 monthly fee is waived with any of these:
- $500+ in direct deposits
- $1,500+ daily balance
- $5,000+ combined balances across Chase accounts
- Linked Chase College Checking account
Features include online bill pay, Zelle transfers, mobile deposit, and access to 16,000+ Chase ATMs. New customers often qualify for cash bonuses when opening with direct deposit.
Chase Secure Banking
This no-overdraft account charges $4.95 monthly with no waiver options, but you'll never pay overdraft fees. Ideal for those rebuilding their banking history or wanting guaranteed fee predictability.
Chase Premier Plus Checking
For customers with larger balances, Premier Plus offers enhanced benefits including no fees on money orders, cashier's checks, and stop payments. The $25 monthly fee requires $15,000 in balances to waive.
Chase Sapphire Banking
The premium tier requires $75,000+ in combined deposits and investments. Benefits include dedicated support, fee waivers, and enhanced rewards on Chase credit cards.
Chase Savings Accounts
Chase savings options provide security but lower rates than online banks. The Chase Savings account has a $5 monthly fee, waived with $300+ balance or linked checking account.
For better rates, consider high-yield savings accounts at online banks while keeping Chase for everyday transactions.
Chase CD Rates and Terms
Chase certificates of deposit offer terms from 1 month to 10 years. While rates are competitive at higher balances, online banks typically offer better CD rates for smaller deposits.
Chase Business Banking
Business owners benefit from Chase's extensive branch network. Chase Business Complete Checking has no monthly fee with $2,000 balance, and integrates seamlessly with Chase merchant services and business credit cards.
Digital Banking Features
The Chase mobile app consistently ranks among the best in banking. Features include:
- Mobile check deposit with same-day availability
- Instant transfers between Chase accounts
- Credit score monitoring
- Account alerts and notifications
- Digital wallet integration
- Chase Pay for peer-to-peer payments
Chase Fees to Watch
Understanding Chase fees helps you avoid unnecessary charges:
- Overdraft: $34 per item (max 3 per day)
- Non-Chase ATM: $3 per transaction
- Wire transfers: $25-50 depending on type
- Foreign transactions: 3% on most accounts
Who Should Bank with Chase?
Chase works best for customers who value branch access, want to combine banking with Chase credit cards, and can meet fee-waiver requirements. The integrated ecosystem with Chase credit cards and Chase Private Client offers significant benefits for larger relationships.
For purely digital banking or the highest savings rates, explore online bank alternatives.
Learn more at Chase.com
