Chase Bank Review

0
26

Chase Bank branches and ATMs can be found all over the country. Chase Bank also has a strong online presence.

* Account details, annual percentage yields and account details are correct as at January 20, 2022.

Basics for Account

It’s possible to check it out

Three Chase checking accounts are “everyday”. All accounts have access to online banking, bill pay and mobile banking.

Chase Total checking(r), the most popular account, has a $12 monthly maintenance fee. It is possible to waive the fee if you meet certain conditions. Chase charges $2.50 for each transaction that uses an ATM not owned by Chase. This fee is added to the ATM owner’s fees.

Chase Premier Plus Checking and Chase Secure Banking (sm) are two other everyday checking accounts. If you meet certain conditions, this fee can be waived.

Chase Sapphire Banking, Chase Private Client Checking and Chase QuickDeposit(sm) are premium accounts that have no fees for nonChase ATMs. These accounts also offer higher Chase QuickDeposit(sm), Chase Zelle(r), money transfer fees and other benefits.

Chase Sapphire Banking and Chase Premier Plus Checking are both interest-bearing.

Chase College Checking offers one of the most impressive offerings by the banking giant. College students can get a Chase mobile app, a debit card and a free monthly fee.

Chase offers High School Checking Accounts for children 13-17 years of age. Chase First Banking SM allows children to enroll in Chase First Banking SM. It is a parent-owned account.

This is a complete list of all Chase checking account numbers.

Save!

Chase Savings are two of the savings accounts offered by Chase Bank. These rates are very competitive, especially when compared with savings rates at many online banks.

Chase Savings pays basic interest and earns an incredibly low 0.01% APY on all balances.

  • Maintain a minimum of $300 at the beginning of each day
  • Chase Personal Banking Account: $25 or more in Autosave, and other recurring automatic transfers
  • You’re younger than 18 years old
  • Link your Chase account to a chosen linked account

Chase Premier Savings charges $25 per month in management fees. This fee can be waived if you meet the following monthly requirements

  • Maintain a minimum $1500 account at the beginning of each day.
  • Chase Premier Plus and Chase Sapphire checking accounts are linked

Premier Savings accounts have tiered interest rates. These rates are determined by account balance and whether you qualify for the relationship rate. You can earn up to 0.05% APY if you have a Chase Premier Plus, Chase Sapphire Checking or Chase Sapphire Checking account that is linked and meets monthly transaction requirements.

Any transaction exceeding six per month will be subject to a $5 charge.

CDs

Chase Certificates of Deposit are available in a range of terms. They can be bought for as little as $1,000 up to ten years. Relationship rates can be higher depending on account balance and term length.

Chase Private Clients can get special CD ladder rates by opening four CDs of different terms at once.

Early withdrawal penalties can apply to Chase CD accounts. These penalties may be up to 365 days depending on the term. These penalties can be as high as 365 days depending on the term.

CDs can be a great way for you to increase your savings in the long-term.

These are current CD rates and terms from Chase.

Other Accounts & Services

Chase provides full-service banking as well, as previously mentioned. Chase offers many financial products including credit cards, and bank accounts

  • Auto loans
  • Home mortgage loans
  • Home refinancing
  • Home equity line credit (HELOCs).
  • J.P. Morgan wealth Management and Investment Planning
  • Business banking includes checking, and credit cards.
  • Solutions to commercial banking

Access on-the-go

Customers of Chase can access the highly-rated Chase mobile application for Android and iOS. It provides 24/7 management for all Chase and J.P. Morgan accounts.

Mobile apps have the following features:

  • Management accounts
  • Electronic transfers
  • Mobile check deposit
  • Pay your bills
  • Zelle compatibility
  • Wire transfers
  • Automatic savings
  • Notifications & Alerts for Accounts
  • Lock your card

Chase customers can access their accounts online at any hour. Contact Chase via Facebook or Twitter @ChaseSupport for assistance.

Chase currently operates over 4700 branches across the U.S.A and 16,000 ATMs.

Pros

  • There are more than 4,700 branches nationwide and 16,000 ATMs
  • Customers who open accounts receive bonuses
  • Mobile app highly rated

Cons

  • Savings, checking, and CDs with low interest rates
  • Most accounts will have monthly fees if you aren’t eligible for waivers.
  • ATM fees at ATMs not in the Chase network for basic Chase accounts

Chase Bank: How Chase Bank stacks up

Chase’s mobile app and online banking platform make it a strong digital presence. Chase can be a great choice for personal banking, if you are willing to pay monthly fees.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here