Chase Bank is the largest bank in the US, making it one of the most financially secure institutions in the country. It serves over half of all American households with a variety of financial products including personal banking, credit cards and more.
Compare Chase banking products
Deal
$300 signup bonus when you open a Chase Total new account with direct deposit
Offer valid for new Chase Total Checking customers through July 24, 2024, when you set up direct deposit within 90 days of opening your account.
Deal
Get $100 for new Chase Secure Banking customers
To get the $100, you'll need to open a new Chase Secure Banking account and complete 10 qualifying transactions within 60 days of coupon enrolment. Offer expires July 24, 2024.
Deal
Up to $3,000 signup bonus when you join Chase Private Client Checkingâ„
Enjoy up to a $3,000 welcome bonus. Open a new Chase Private Client account; earn $1,000 when you deposit $150,000, $2,000 when you deposit $250,000 or $3,000 when you deposit $500,000 in qualifying new money within 45 days of joining and maintain the balance for at least 90 days.
Personal banking
- Checking accounts
- Savings accounts
- Money market accounts
- CDs
- Prepaid cards
- Student accounts
- College 529 plans
- IRAs
- Mutual funds
- Annuities
Business banking
Other products
- Credit cards
- Lines of credit
- Mortgages
- Car buying services and loans
Chase Savings
Earn a 0.01% APY
- Requires a $0 minimum deposit.
- Pay a $5 monthly service fee, unless any one of these applies to you:
- Are younger than 18.
- Have at least $300 in your account at the beginning of each day.
- Have a minimum monthly $25 automatic transfer from your personal Chase checking account.
- Link the account to your Chase Premier Plus Checking, Chase Premier Platinum Checking or Chase Private Client Checkingâ„ Checking account.
Chase Premier Savings
The APY ranges from 0.01% to 0.11% APY
- Requires a $25 minimum deposit to open.
- Pay $25 monthly service fee, which is waived if any one of these applies to you:
- Have $15,000 or more in your account at the beginning of each day.
- Link the account to your Chase Premier Plus Checking or Chase Sapphire Checking account.
Chase Checking
- Get a $300 bonus when you open the account and set up direct deposit.
- Pay a $12 monthly service fee, which is waived if any one of these applies to you:
- Receive direct deposits totaling at least $500 each month.
- Have $1,500 or more in your account at the beginning of each day.
- Have at least $5,000 in qualifying linked accounts at the beginning of each day.
- Requires a $0 minimum deposit to open.
- This account doesn’t earn interest.
Chase Premier Plus Checking
Earn a 0.01% APY
- Get a $300 bonus when you open the account and set up direct deposit.
- Pay a $25 monthly service fee, which is waived if any one of these applies to you:
- Have at least $15,000 in qualifying linked accounts at the beginning of each day.
- Have a linked qualifying Chase first mortgage account that is enrolled in automatic payments from your checking account.
- Requires a $0 minimum deposit to open.
- No fee from Chase on your first four non-Chase ATM transactions per statement period.
- Access to rent a free 3×5 inch or smaller safe deposit box.
Chase First Banking
- No monthly fee.
- Supports allowance and chores tracking.
- Spending alerts and parental controls.
- Child must be between the ages of 13 and 17.
Chase High School Checking
- No monthly fee.
- Must open in person at a branch
- Child must be between the ages of 6 and 17.
Chase College Checking
- Get a $100 bonus when you open a new account with qualifying activities.
- Pay a $12 monthly service fee, which is waived if any one of these applies to you:
- Are between the ages of 17 and 24 and enrolled in college.
- Have a monthly direct deposit into this account.
- Have a at least $5,000 in your account at the end of each day.
- Pay a $0 minimum deposit to open.
- This account doesn’t earn interest.
Chase Business Complete Banking®
Earn a $300 bonus when you open a new Chase Business Complete Banking® account.
- No minimum opening deposit required.
- Pay a $15 monthly service fee, which you can waive when you meet one of the following requirements:
- $2,000 minimum daily balance
- $2,000 in purchases on your Chase Ink Business Card
- $2,000 in deposits from QuickAccept or other eligible Chase Merchant Services transactions
- Link a Chase Private Client Checking account
Chase Secure Bankingâ„
Get a $100 bonus when you open a new Chase Secure Bankingâ„ account and complete 10 qualifying transactions within 60 days.
- No minimum opening deposit required.
- Never pay fees for overdrafts, money orders or cashier’s checks.
- Pay a $4.95 monthly fee, which can’t be avoided.
Chase CDs
Earn a 0.01% APY
- No monthly service fee.
- Requires a $1,000 minimum deposit to open.
- Terms available between 1 month and 10 years.
How does Chase compare to other banks and services?
JPMorgan Chase holds more than $2 trillion in assets, making it the largest of the Big Four banks in the US. Headquartered in Manhattan, Chase operates in 28 states with a total of more than 4,700 branches — second only to Wells Fargo. It has more ATMs than any other bank, with a grand total of over 15,000 units that account for 17.5% of all bank-owned ATMs.
Checking accounts
Pros
- Convenience. With over 15,000 ATMs, more than 4,700 branch locations and a great online platform, you’ll get easy access to your money.
- Overdraft services. If your account falls below $0, Chase essentially lends you the money to cover the difference. With Overdraft Assist, Chase won’t charge you an overdraft fee if you overdraw your checking account by $50 or less. And Overdraft Protection lets you link a Chase savings account to cover overdraft transactions for free. But Chase First Checking, Chase High School Checking or Chase Secure Checking accounts are not eligible for overdraft services.
- Signup bonuses. Chase is known for offering attractive signup bonuses for new checking account customers.
Cons
- ATM fees. If you make a withdrawal at a non-Chase ATM, you’ll pay $3 on top of the ATM fee. If you’re outside the country, you’re looking at a fee of $5 plus 3% of the transaction.
- Overdraft fees. If you don’t have your savings account linked to your checking account, you’ll pay $34 each time you overdraft by $50 or more, up to three times a day. For accounts like Chase Secure Checking that don’t support overdraft, Chase may automatically decline transactions if you don’t have enough money in your checking account to cover the charge.
- Monthly fees. Every Chase checking account has an associated monthly fee. Although it can be waived when you meet certain requirements.
Savings accounts
Pros
- Incentives. Chase offers a range of signup bonuses and incentives for opening new savings accounts.
- Low minimums. Chase savings accounts have low minimum deposit requirements.
- Automatic Savings Programs. Make your savings automatic when you turn on this feature and have money sent from your checking account to savings every month.
Cons
- Low interest rates. Interest rates on Chase bank accounts are far lower than its competitors. If you’re looking for leading high-interest savings accounts, you may want to consider credit unions, smaller banks or online savings accounts.
- Monthly service fees. You’ll pay $5 or $25 a month depending on which savings account you go with, although there are ways to waive these fees.
- Excessive transaction fee. If you make more than 6 outgoing transactions a month, Chase charges you a $5 fee each time.
CDs
Pros
- Accessible interest. Although you can’t touch your principal balance until maturity, you can withdraw your interest at any time.
- Automatic renewals. Your CD automatically renews once it matures, so you can keep on saving.
- Flexible terms. With Chase, you can lock your money away for as short as one month or as long as 10 years.
Cons
- Low APYs. Earn a 0.01% APY, which is subpar at best.
- $1,000 opening deposit. You’ll need to set aside at least $1,000 to open a Chase CD. While this isn’t the highest opening deposit we’ve seen, there are lower minimums out there.
- Early withdrawal penalties. Chase charges a 90% early withdrawal penalty for terms of one to 5 months and 180% for terms of 6 months or more.
Overall banking
Pros
- Security. Chase is the largest financial institution in the US, meaning you’ll have the peace of mind that your money is safe.
- Linked accounts. Since Chase offers so many financial products, linking your accounts will allow you to easily manage your money, make transfers and more.
- Great technology. Chase has an intuitive online banking system and mobile app with a built-in virtual assistant that can help you complete common banking tasks from anywhere.
Cons
- Limited availability. Chase has more than 4,700 branches, but its services are only available in 28 states.
- Below-average customer service. Many customers have had issues with communication, billing and more.
- Low rates across the board. Chase is one of the biggest banks in the country, but its high monthly fees and low interest rates may not be worth the name recognition.
Compare Chase to the competition
- Arizona
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Kentucky
- Louisiana
- Massachusetts
- Michigan
- Nevada
- New Jersey
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Texas
- Utah
- Virginia
- Washington
- West Virginia
- Wisconsin
Chase reviews and complaints
Chase Bank holds the highest possible long-term financial ratings from all three major ratings agencies: Fitch, S&P and Moody’s. However, customers seem to have a much different opinion of the institution.Chase is not accredited with the Better Business Bureau, where it receives an F rating based on its failure to respond to 144 complaints and government action taken against it. Customers cite problems with resolving issues with accounts, lack of communication, unfairly rejected applications and more.
Chase is a popular bank for millions of customers across the country, offering a range of products and is backed by high financial ratings. If you’re looking to open multiple accounts and want easy access to your money, Chase might be the right choice for you. However, if you’re looking for high interest rates and personalized customer service, you may be better off
comparing options from smaller institutions.
What is the SWIFT code and routing number for Chase?
The Chase swift code is CHASUS33.
Routing and institution numbers vary by location. You can find them online or on one of your checks.
- Online. Login to your online account and click on the last four digits of your account number that appear above your account information.
- By check. Your routing and transit number are located on the bottom left of each check.
Does Chase offer online or mobile banking?
Yes. Chase offers an easy online banking platform and convenient mobile app. Visit the app store on your phone or the official Chase site to download the mobile app.
Can I link my Chase account to an account at another bank?
Yes. You’ll need to enroll in online banking for both of your accounts, then you’ll be able to link your accounts and set up external transfers once you’ve logged in. However, there may be fees associated with external transfers.
Can I get new account bonuses if I’m already a Chase customer?
No. Most special offers at Chase are only available to people who are not already customers with Chase. You can still take advantage of all of the features that each account offers, but it’s unlikely that you’ll be eligible for new account bonuses.
What happened to Finn by Chase?
Finn by Chase was designed to be the bank’s millennial-focused digital banking product, but instead of a standalone bank account, its features were rolled into the Chase Mobile app and the Finn branding discontinued in August 2019.
