June 8, 2019

How to Open a Chase Bank Account

Read more about Chase
This article contains references to products from our partners. We may receive compensation if you apply or shop through links in our content. You help support CreditDonkey by reading our website and using our links. (read more)

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.

J.P. Morgan Chase Bank is one of the largest national banking chains in the U.S. It offers multiple types of bank accounts, loans, and other financing.

Keep reading to learn how to open an account.

How to Open a Chase Account

You can open an account online or in person at a Chase branch location. Here's what you'll need.

  • Your driver's license/state ID
  • Your Social Security number
  • Your home address
  • Your contact information

You'll need to fill out the application and decide what type of account you would like to open. You're also required to make an initial monetary deposit to open the account.

Read on to see all the individual details about each type of account.

Is Chase safe?
Chase Bank is a member of the FDIC. Every customer's funds are insured up to $250,000 in the unlikely event that the bank fails.

In addition, Chase has security measures in line with other major banks, including advanced account information encryption and two-factor authentication.

Types of Accounts

Chase offers several tiers of checking and savings accounts. Each account grants its owner access to all of the bank's physical locations and ATMs as well as Chase's online banking and mobile app.

Chase's checking and savings accounts charge monthly maintenance fees. It's possible to waive these charges, however, if you maintain a certain minimum balance or make consistent monthly deposits.

Checking Accounts

© CreditDonkey

Chase offers checking accounts, each with access to mobile or in-person check deposit as a debit card.

    Chase Total Checking® + Chase Savings℠

    • Enjoy up to $350 when you open a new Chase Total Checking® account with Direct Deposit and/or open a new Chase Savings℠ account, deposit $10,000 or more in new money and maintain a $10,000 balance for 90 days
    • Enjoy a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit
    • Enjoy a $150 bonus when you open a new Chase Savings℠ account, deposit a total of $10,000 or more in new money within 20 days, and maintain a $10,000 balance for 90 days
    • Access to 16,000 Chase ATMs and nearly 5,000 branches
    • Apply online in minutes. Open your account online now.
    • Chase QuickPay® with Zelle® - Take the drama out of splitting a check.
    • Real-time fraud monitoring - We watch your debit-card to help your money stay your money.
    • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.

    Chase Premier Plus Checking℠

    • Enjoy $300 as a new Chase checking customer, when you open a Chase Premier Plus Checking℠ account and set up direct deposit.
    • Enjoy $300, more benefits, and earn interest on your new Chase checking account.
    • The $25 Monthly Service Fee is waived when you keep an average beginning day balance of $15,000 or more in any combination of this account and linked qualifying Chase checking, savings and other balances.
    • No Chase fee on first four non-Chase ATM transactions per statement period.
    • Earn interest on your checking account balance.
    • Access to 16,000 Chase ATMs and nearly 5,000 branches
    • Apply online in minutes. Open your account online now.
    • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.

    Chase Total Checking®

    • Enjoy a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit
    • Access to 16,000 Chase ATMs and nearly 5,000 branches
    • Mobile check deposit - It's as easy as taking a selfie.
    • Chase QuickPay® with Zelle® - Take the drama out of splitting a check.
    • Real-time fraud monitoring - We watch your debit-card to help your money stay your money.
    • Apply online in minutes.
    • Open your account online now.
    • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.

    Chase Sapphire℠ Checking

    • Enjoy 60,000 Chase Ultimate Rewards bonus points when you join Sapphire℠ Banking. Within 45 days, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible checking, savings and/or investment accounts, and maintain the balance for at least 90 days.
    • Enjoy a new kind of banking experience
    • No ATM fees worldwide - down the street or around the globe
    • Perks that add up - relationship rates, special access and help when you need it
    • Open online in minutes
    • Email my upgrade code
    • Available in: AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KY, LA, MA, MD, MI, MS, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WI, WV

    Chase College Checking℠

    • Get $100 as a new Chase checking customer when you open a Chase College Checking℠ account, enroll in paperless statements and complete 10 qualifying transactions within 60 days of account opening.
    • Access to 16,000 Chase ATMs and nearly 5,000 branches
    • No Monthly Service Fee for up to 5 years if you're a student between the ages of 17-24.
    • Deposit checks from virtually anywhere, anytime, just by taking a photo with the Chase Mobile® app.
    • Send and receive money in moments using Chase QuickPay® with Zelle®

    Chase Total Business Checking®

    • Get $200 as a new Chase business checking client, when you open a Chase Total Business Checking® account with qualifying activities
    • Access to 16,000 ATMs and nearly 5,000 Chase branches
    • Chase has business specialists at your local branch to help with your business needs
    • Account Alerts are a great way to stay on top of your account's activity and enhance security
    • Unlimited electronic deposits at no charge, including Chase QuickDeposit℠, ACH and ATM

Checking Monthly Fees

Chase Total Checking: Charges $12 per month

Waive that fee by meeting ONE of these conditions:

  • Have at least $500 deposited via direct deposit every month.

  • Maintain at least a $1,500 balance every day in the account.

  • Carry an average $5,000 balance across all of your Chase accounts on the first day of every statement period.

    Chase

    Chase Total Checking®

    • Enjoy a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit
    • Access to 16,000 Chase ATMs and nearly 5,000 branches
    • Mobile check deposit - It's as easy as taking a selfie.
    • Chase QuickPay® with Zelle® - Take the drama out of splitting a check.
    • Real-time fraud monitoring - We watch your debit-card to help your money stay your money.
    • Apply online in minutes.
    • Open your account online now.
    • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.

Chase Premier Plus Checking: Charges $25 per month

Waive that fee by meeting ONE of these conditions:

  • Carry an average $15,000 balance across all of your Chase accounts on the first day of every statement period.

  • Open a first home mortgage through Chase and enroll in automatic payments from your account.

    Chase

    Chase Premier Plus Checking℠

    • Enjoy $300 as a new Chase checking customer, when you open a Chase Premier Plus Checking℠ account and set up direct deposit.
    • Enjoy $300, more benefits, and earn interest on your new Chase checking account.
    • The $25 Monthly Service Fee is waived when you keep an average beginning day balance of $15,000 or more in any combination of this account and linked qualifying Chase checking, savings and other balances.
    • No Chase fee on first four non-Chase ATM transactions per statement period.
    • Earn interest on your checking account balance.
    • Access to 16,000 Chase ATMs and nearly 5,000 branches
    • Apply online in minutes. Open your account online now.
    • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.

Chase Sapphire Checking: Charges $25 per month

How to waive that fee:

  • Carry an average $75,000 balance across all of your Chase accounts on the first day of every statement period.

    Chase

    Chase Sapphire℠ Checking

    • Enjoy 60,000 Chase Ultimate Rewards bonus points when you join Sapphire℠ Banking. Within 45 days, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible checking, savings and/or investment accounts, and maintain the balance for at least 90 days.
    • Enjoy a new kind of banking experience
    • No ATM fees worldwide - down the street or around the globe
    • Perks that add up - relationship rates, special access and help when you need it
    • Open online in minutes
    • Email my upgrade code
    • Available in: AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KY, LA, MA, MD, MI, MS, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WI, WV

Savings Accounts

© CreditDonkey

Chase offers two savings accounts with different interest rates. Both accounts charge a monthly maintenance fee, which can be waived by meeting certain requirements.

Savings Monthly Fees

Chase Savings: Charges $5 per month

Waive that fee by meeting ONE of these conditions:

  • Be an account owner younger than 18 years of age. (NOTE: Once you turn 18, your account will automatically begin charging you unless you meet one of the requirements below.)

  • Maintain a daily balance of at least $300 in the savings account itself.

  • Schedule an automatic monthly transfer of at least $25 from your Chase checking account.

  • Have a linked Chase Premier Plus or Chase Sapphire checking account.

    Chase

    Chase Savings℠

    • Enjoy a $150 bonus when you open a new Chase Savings℠ account, deposit a total of $10,000 or more in new money within 20 business days, and maintain a $10,000 balance for 90 days
    • Access to 16,000 Chase ATMs and nearly 5,000 branches
    • Link this account to your Chase checking account for Overdraft Protection.
    • Chase QuickPay® with Zelle® - Take the drama out of splitting a check.
    • Real-time fraud monitoring - We watch your debit-card to help your money stay your money.
    • Apply online in minutes. Open your account online now.
    • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.

Chase Premier Savings: Charges $25 per month

Waive that fee by meeting ONE of these conditions:

  • Maintain a minimum balance of $15,000 every day.

  • Have a linked Chase Premier Plus or Chase Sapphire checking account.

Bottom line

You can open a Chase checking or savings account with a few basic information and an initial deposit. Each account charges a monthly fee, which can be waived by meeting certain criteria.

Disclaimer: Opinions expressed here are author's alone. Please support CreditDonkey on our mission to help you make savvy decisions. Our free online service is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content.

Disclaimer: This content was first published on June 8, 2019. Information including rates, fees, terms and benefits may vary, be out of date, or not applicable to you. Information is provided without warranty. Please check the bank's website for updated information.

More from CreditDonkey:


Chase Business Credit Card


Chase Credit Card Application


Chase Ultimate Rewards Review

More Articles in Money Tips


Leave a comment about How to Open a Chase Bank Account?

Name
Email (won't be published)


June
24
2019

Business Checking Account Promotions

View the list of the current top business checking deals and promotions. Earn cash bonuses for opening a new account.

    Top 5 Best Online Checking Accounts

    The best online checking accounts are free, have minimum fees, and even offer interest. Find the best high interest online checking accounts to consider.

    10 Smart Ways to Save $1,000 a Month

    Many Americans prefer to save money rather than spend it. Of course, saying and doing are two different things. Learn 10 smart ways to save $1,000 a month here.

    Best Chase Credit Card

    Find the best Chase credit card in our rankings of top offers and promotions. Read the latest reviews and score the best deals with this guide.

    Review: Chase Freedom vs Freedom Unlimited

    Does Chase Freedom or Freedom Unlimited make more sense? Read this in-depth comparison of these cashback cards to learn which is better. The answer may surprise you.
More Articles in Money Tips









About CreditDonkey®
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.