We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Chase Premier Plus Checking account review

Last updated:  

Avoid fees and earn interest with this checking account from America's largest bank.

If you’re looking to open a new checking account with minimal fees that earns interest, the Chase Premier Plus Checking account could be a sound choice. You’ll get access to Chase’s convenient mobile banking app, large ATM network and even a rent-free safety deposit box. But if you want to visit a branch in person, you’ll need to live in one of the 28 states it services.

$25 per month

Monthly fee

0.01%

APY

$0

Minimum deposit to open

Details

APY0.01%
Monthly fee$25 per month
To waive the feeMeet ONE of the following:
• Have an average beginning day balance of $15,000 or more in this account and any linked deposits or investments
• OR pay your Chase first mortgage with auto pay from your Chase account
• OR be a member of the military with ID
Minimum deposit to open$0
Intro or bonus offer$300 bonus when you open this account and sign up for direct deposit.
ATMsAccess to 16,000 ATMs and nearly 5,000 branches nationwide
ATM transaction fee$2.50
ATM fee rebatesFirst four non-Chase ATM transactions per statement period
Out-of-network ATM fee$5
Foreign transaction fee3%
Overdraft fee$34
Nonsufficient funds fee$34
Chase Banking Chase Banking

$300 signup bonus when you open a new account

Offer valid for Chase Premier Plus Checking through January 21, 2020, if you're a new Chase checking customer and set up direct deposit.

Last verified

What are the benefits of Chase Premier Plus Checking?

  • Bonus offer. Get a $300 bonus when you open this account and sign up for direct deposit.
  • Earn interest. Unlike many other checking accounts, this account pays interest at a rate of 0.01% APY.
  • Minimal fees. You won’t pay fees for your first four out of network ATM transactions, Chase checks, money orders and more.
  • Visa debit. The account comes with a Chase Visa debit card with chip technology.
  • Convenient deposit methods. Deposit money at branches, ATMs, by mail, online or through the Chase mobile banking app using Chase QuickDeposit.
  • Security. Chase holds the best possible long-term financial ratings by all three major ratings agencies, and is FDIC-insured, meaning that deposits up to $250,000 are covered.
  • Bill pay. Make one-time or recurring payments for free when this your primary account to pay your bills.
  • Paper payments. Send free counter checks, money orders or cashier’s checks.
  • Rent-free safety deposit box. This account comes with free access to a 3×5-inch safety deposit box to keep your important documents and keepsakes safe from fire and theft.
  • Wide-ranging support. Chase has nearly 5,000 branch locations and offers 24/7 customer service. You can also reach out by email, mail and Twitter, or find FAQs on the Chase site.
  • Account alerts. Get alerts via text, email and push notifications when there is a charge, refund or other transaction on your account.
  • Text banking. Check account balances, view credit card bills and more — all from your phone.
  • Mobile payments. Use QuickPay with Zelle through the Chase mobile app to make payments to virtually anyone.

Chase ATM network and fees

This account comes with a Chase Visa debit card with chip technology, giving you access to the largest bank-owned ATM network in the country, with a whopping 16,000 ATMs in 28 states. Chase ATMs are free, and you’ll pay no Chase fees on your first four non-Chase ATM transactions per month. However, five or more incur the following fees:

  • Domestic ATM fees: $2.50 per withdrawal, transfer or inquiry — plus fees from the ATM owner.
  • Foreign ATM fees: $5 per withdrawal and $2.50 per transfer or inquiry — plus fees from the ATM owner.

What should I look out for?

  • Opening deposit requirement. The account requires a $0 minimum deposit to open, but doesn’t have monthly balance requirements.
  • Monthly service charge. You’ll be charged a $25 monthly service fee, which is waived if any of the following apply to you:
    • Have an average daily balance of at least $15,000. This also includes linked qualifying deposit and investment accounts.
    • Be a member of the military.
    • Have auto pay for your Chase first mortgage linked to your Premier Checking account.
  • Insufficient funds fees. You’ll incur a $34 fee for each debit card purchase that overdraws your account, with a maximum of three per day. However, this fee doesn’t apply if any of these conditions apply:
    • Your account balance at the end of the business day is overdrawn by $5 or less.
    • Your purchase was for $5 or less, even if your end-of-day balance is overdrawn.
    • You made an ATM withdrawal.
  • Extended overdraft fees. Each time your account is overdrawn at least five business days in a row, you’ll be charged a $15 fee.
  • Limited locations. Although Chase has nearly 5,000 branches, it only operates in 28 states and Washington, DC.

What states does Chase have branches?

  • 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

Compare with other checking accounts

Name Product APY ATMs Fee
No ATM fees nationwide at more than 64,000 AllPoint, participating 7-Eleven and BBVA USA ATMs
$0
A full-service account with convenient, surcharge-free access to two massive ATM networks.
BBVA Premium Checking
BBVA Premium Checking
0.05%
More than 64,000 AllPoint, participating 7-Eleven and BBVA USA ATMs
$19/month
(can be waived)
A full-service interest checking account that offers automatic rebates of ATM fees.
Access to 16,000 ATMs and nearly 5,000 branches nationwide
$12/month
(can be waived)
Get a $200 bonus when you open a new Chase Total Checking account and set up direct deposit within 60 days of opening your account. Chase's simplest checking account is easy to use and gives you access to 16,000 ATMs and nearly 5,000 branches.
0.01%
38,000 fee-free ATMs nationwide
$0
Linked checking and savings accounts from a mobile-first bank that’s light on fees.
1,000 fee-free ATMs across the country
$0
Pay a $0 monthly service charge and get free access to BBVA ATMs.
0.01%
Access to 16,000 ATMs and nearly 5,000 branches nationwide
$25/month
(can be waived)
Get a $300 signup bonus as a new Chase checking customer when you open a Chase Premier Plus Checking account and set up direct deposit.

Compare up to 4 providers

How much do I need to open an account?

This account requires a minimum deposit of $0, which can be funded when you open your account online or at a branch.

How do I apply?

You can open a Chase Premier Plus Checking account in person by visiting your local branch or online, by following these steps.
1. Visit the Chase site and click Checking accounts.
2. Click Open account under Chase Premier Plus Checking account.
3. Fill in your personal information including your name, address and Social Security number, then click Next.
4. Once your application is complete, you’ll need to fund the account.
5. Submit your application.
Chase Premier Plus Checking account screenshot 1

Eligibility

The only eligibility requirement for the Chase Premier Plus Checkingg is a $25 deposit to open the account. You’ll need to show a government-issued ID, but as long as you have a permanent address, you should be able to open an account.

The $300 introductory bonus is only available to new Chase customers. Once the account is open, you’ll need to make a direct deposit into the account within 60 days.

Required information

  • Name
  • Date of birth
  • Address
  • Government-issued ID
  • Social security number — or passport for foreign applicants
  • Income information

What other checking options does Chase offer?

Chase also offers a few other checking accounts:

  • Chase Total Checking. Chase’s most popular checking account comes with a $12 monthly service fee that is waived if you meet certain requirements, but it doesn’t earn interest.
  • Chase Sapphire Checking. This premium checking account has a high balance requirement to waive the $25 monthly service fee, but it has almost no other fees and earns interest at 0.01% APY.
  • Chase College Checking. This checking account is designed for college students and comes with a $6 monthly service fee that can be waived for up to five years while you’re in school.
  • Chase High School Checking. Geared toward students ages 13 to 17, this checking account helps develop responsible financial behavior in teenagers. Its $6 monthly service fee is waived if you meet certain requirements.

Does this bank offer business services?

Yes. Chase also offers a range of business services, including:

  • Business checking accounts. Various business checking accounts are designed to help businesses handle cash flow.
  • Merchant services. Chase offers products that allow businesses to accept payments online, in store or on the go.
  • Business credit cards. Chase’s selection of business credit cards help companies cover expenses and earn rewards in the process.
  • Business lending. Lines of credit, term loans, SBA financing and more are available to help businesses finance large purchases and other operating expenses.

Read about the Chase Total Business Checking account

Bottom line

The Chase Premier Plus Checking account is best for those who expect to have a daily balance of at least $15,000 in their account. Although the account is interest-bearing, it’s a low 0.01% percent.

For a higher yield account, you’ll want to compare other checking accounts at other banks.

Frequently asked questions

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.
Go to site