Updated September 15, 2022

How to Open a Chase Bank Account

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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. You will need your:

  • Driver's license/state ID
  • Social Security number
  • Contact information (name, home address, email address, phone number)
  • Money for opening deposit

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 a Chase 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(FDIC# 628).[1] 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.

Do you have your social security number memorized?

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. Depending on the account, it is possible to waive these charges if you maintain a certain minimum balance or make consistent monthly deposits.

Checking Accounts

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

Checking Monthly Fees

Chase Total Checking®: Charges $12 per month

Waive that fee by meeting ONE of these conditions:[2]

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

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

  • Keep an average beginning day balance of $5,000 across all of your qualifying Chase checking/savings accounts.

Chase Premier Plus Checking: Charges $25 per month

Waive that fee by meeting ONE of these conditions:[3]

  • Keep an average beginning day balance of $15,000 across all of your qualifying Chase checking/savings accounts.

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

Chase Sapphire Checking: Charges $25 per month

How to waive that fee:[4]

  • Keep an average beginning day balance of $75,000 across all of your qualifying Chase checking/savings accounts.

Chase Secure BankingSM: Charges $4.95 per month

This monthly service fee cannot be waived.[5]

Chase College Checking: Charges $6 per month

Waive that fee when you have any ONE of these conditions:[6]

  • College students age 17-24 from time of account opening until expected graduation date. You can qualify for up to 5 years.

  • Make a direct deposit every month.

  • Maintain an average ending day balance of $5,000 or more.

Chase Private Client CheckingSM: Charges $35 per month

Waive that fee when you have any ONE of the following:[7]

  • Maintain an average beginning day balance of $150,000 or more in any combination of this account and linked qualifying deposits and investments.

  • Have a linked Chase Platinum Business CheckingSM account

Savings Accounts

Chase offers two savings accounts with different interest rates. Both charge Chase Savings account fees, 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:[8]

  • 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, Chase Sapphire checking account, or Chase Private Client Checking.

  • Have a linked Chase College Checking for Overdraft Protection.

Chase Premier Savings: Charges $25 per month

Waive that fee by meeting ONE of these conditions:[9]

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

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

Compare Savings Accounts

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.

References

  1. ^ FDIC. BankFind: JPMorgan Chase Bank, National Association, Retrieved 9/15/2022
  2. ^ Chase. Chase Total Checking Account Fees, Retrieved 9/15/2022
  3. ^ Chase. Chase Premier Plus Checking Account Fees, Retrieved 9/15/2022
  4. ^ Chase. Chase Sapphire Checking Account Fees, Retrieved 9/15/2022
  5. ^ Chase. Chase Secure Checking Account Fees, Retrieved 9/15/2022
  6. ^ Chase. Chase College Checking Account Fees, Retrieved 9/15/2022
  7. ^ Chase. Banking with Chase Private Client, Retrieved 9/15/2022
  8. ^ Chase. Chase Savings Account Fees, Retrieved 9/15/2022
  9. ^ Chase. Chase Premier Savings Account Fees, Retrieved 9/15/2022
Chase
Member FDIC

Chase Total Checking® - $200 Bonus

Expires 1/25/2023
  • New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking® account and set up direct deposit
  • Access to more than 16,000 Chase ATMs and more than 4,700 branches
  • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
  • Open your account online now
  • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
  • Chase Overdraft Assist℠ - no overdraft fee if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*

*With Chase Overdraft Assist℠, we won't charge an Insufficient Funds Fee if you're overdrawn by $50 or less at the end of the business day OR if you're overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day (you have until 11 PM ET (8 PM PT) to make a deposit or transfer). Chase Overdraft Assist does not require enrollment and comes with eligible Chase checking accounts.

Citibank

Citi Priority Account - Earn up to $2,000 Cash Bonus

Expires 1/9/2023
  • Earn up to $2,000 cash bonus when you open a new eligible Citi Priority Checking Account with required activities
  • Within 20 days of opening, deposit the minimum amount of new-to-Citibank funds.
  • Maintain a minimum balance for 60 consecutive calendar days from the 21st day.
  • If your balance falls to a lower tier at any point during the maintenance period, the bonus changes.
  • Bonus will be paid within 30 days after you successfully complete all required activities.
TD Bank
Member FDIC

TD Beyond Checking - $300 Cash Bonus

Expires 10/31/2023
  • Earn $300 when you receive direct deposits totaling $2,500 or more within 60 days
  • Get more from your checking account. With TD Beyond Checking with Payback Plus, you'll earn interest and get reimbursed for non-TD ATM transactions, Overdraft Payback and more.
  • Monthly maintenance fee waived when you receive monthly direct deposits of $5,000 or more within a statement cycle, or maintain a minimum daily balance of $2,500, or a combined balance of $25,000 across eligible TD accounts.
  • TD ATM fees waived at any ATM and non-TD fees reimbursed when you keep at least a $2,500 daily balance
  • Get overdraft fees automatically reversed up to two times a year.
  • Get your money where it needs to go —fast— with Rush Bill Payments, Send Money with Zelle®, incoming wires and a reimbursement for one outgoing wire (domestic or international) per statement cycle.
  • TD checking accounts come with an instant-issue debit card - and, you can pay with confidence with contactless technology Visa Zero Liability protection and 24/7 fraud monitoring.
  • Monthly maintenance fee waived on one TD Simple Checking℠ account and any Savings accounts. Plus, get free standard check orders, money orders, official bank checks and stop payments.
Discover Bank
Member FDIC

Discover Online Savings - $200 Cash Bonus

To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code CY922 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.

What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 30 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 12/15/2022, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.

Expires 12/15/2022
CIT Bank
Member FDIC

CIT Bank Savings Connect - 3.60% APY

  • Earn 15x the national average
  • $100 minimum opening deposit
  • No monthly maintenance fee

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Note: This website 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. You do not have to use our links, but you help support CreditDonkey if you do.

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