Chase vs Bank of America

Chase is a national bank with good promotions for new customers. How does it compare to Bank of America? Read our comparison chart below.

	Chase	Bank of America


	SPECIAL OFFER Open a New Checking Account - Learn More Read Chase Review	SPECIAL OFFER Advantage Plus Banking Checking Account - $100 Bonus - Learn More Read Bank of America Review
	Benefits and Features
Savings	Chase Savings: $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account OR for owners under 18. $0 to open. Chase Premier Savings: Earn a higher interest rate when you have a bigger balance and meet certain relationship requirements when linked with a Chase Premier Plus Checking or Sapphire Checking account.	0.01% APY (up to 0.05% if enrolled in Preferred Rewards). $8 monthly maintenance fee, unless you have 1) daily balance of $500, 2) are a Bank of America Preferred Rewards Client, or 3) link your Rewards Savings Account to your Interest Checking Account. Minimum deposit of $100.
CD	Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee.	Standard Term CD: 0.03% APY. Terms of 28 days to 10 years. Minimum deposit of $1,000. Featured CD: 0.06% APY. Terms of 7, 10, 13, 25, and 37 months. Minimum deposit of $10,000.
Checking	Chase Total Checking: Basic checking account. $12 service fee waived with an average beginning day balance of $1,500 OR direct deposits of at least $500 each month. $0 minimum balance to open. Chase Premier Plus Checking: An interest-bearing account with some perks. $25 monthly service waived with an average beginning day balance of $15,000 OR a Chase mortgage with auto pay. $0 minimum balance to open. Chase Sapphire Checking: A premium checking account for those with $75,000 or more on deposit with Chase. $0 minimum balance to open. Chase College Checking: No monthly service fee for college students age 17-24 at account opening with proof of student status, for up to 5 years. $0 to open. Chase Private Client Checking: For high net worth individuals who have $250,000 on deposit with Chase.
Customer Service	24/7 by phone	Mon-Fri: 8am - 9pm(ET) Sat: 8am - 8pm (ET) Sun: 8am-5pm (ET)
ATMs	Over 16,000 Chase ATMs nationwide	Over 16,000 ATMs around the country.
IRA CD		Standard Term CD: 0.03% APY. Terms of 28 days to 10 years. Minimum deposit of $1,000. Featured CD: 0.06% APY. Terms of 7, 10, 13, 25, and 37 months. Minimum deposit of $2,000.
Locations	Nearly 4,900 branches	4600 retail financial centres around the country and brances in more than 40 other countries.
	CreditDonkey® Reviews

Savings
Checking
Customer Service
Mobile App
CD
Pros & Cons	Pros: Nearly 4,900 branches New customer coupons Full service banking Cons: Low interest rates Not in all states	Pros: National availability Extended customer service hours Full service bank Cons: No free checking option Low interest rates Many misc. banking fees
Bottom Line	National bank with good promotions for new customers... Read full review	National bank with widespread accessibility and wide range of services... Read full review

	Open a New Checking Account Chase Total Checking® Chase Premier Plus Checking℠	Advantage Plus Banking Checking Account - $100 Bonus Advantage Relationship Banking Checking Account - $100 Bonus Advantage SafeBalance Banking Checking Account - $100 Bonus
What Others View		Discover Bank
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Chase: Pricing information from published website as of 07/02/2020 Bank of America: Pricing information from published website as of 08/05/2020 based on 91107 zip code.

Which is Better: Chase or Bank of America?

Still need help deciding which bank is better? Read the in-depth reviews below. You may also be interested in comparing Chase or CIT Bank.

In short: Chase's checking is worth mentioning.

Articles on Chase

Chase Bank Reviews

Chase has new customer bonuses and a strong nationwide presence. But there are drawbacks. Read this review to see if Chase is a good bank for you.

How To Open A Chase Bank Account

Opening an account with Chase Bank is simple. Take a look at what you'll need and check out your account options in our guide.

Chase Business Checking

Chase Bank has three checking options for small businesses. So which one is right for you? Find out in our guide.

Chase Premier Plus Checking

Chase Premier Plus Checking currently has a coupon offer. But how does the minimum balance and fee waiver compare to accounts like the Total Checking? Read on to find out.

Chase Savings Account

Chase Savings Account has a coupon for new customers. But how does it work? Read this review for the interest rate, fees, minimum balance and more.

Chase Checking Account Bonus

Chase is currently offering cash bonuses for opening a new checking account. See the current checking account bonus promotions before they expire.

Chase Business Checking Bonus

Chase is currently offering a $300 bonus for opening a new business checking account. Get the latest Chase business checking promotion you can't miss.

Chase Total Checking Bonus

Need a new checking account? You can get $200 from Chase Bank for signing up for a Total Checking account with direct deposit. Here's how to do it.

Chase Promotions

Chase offers cash bonuses for opening new banking and investment accounts. Get the latest Chase promotions and all the details before they expire.

Chase Coupon

Chase Bank offers bonus cash for opening a new account. View this list to get the best Chase coupon and promotions available now.

Articles on Bank of America

Bank of America Review

Bank of America offers a nationwide network, many account options, and user-friendly online banking. But does this convenience come at a cost? Read on.

Bank of America vs Bank of the West

To transfer money in or out of your Bank of America checking or savings account, you'll need the right routing number. Find your Bank of America routing number and learn more about money transfers in our guide.