Chase checking accounts

Would you like to know all the features of Chase bank accounts? Responsible Economy provides a comprehensive explanation of the characteristics, requirements, and conditions of Chase bank accounts. We also offer a comparison of the best checking accounts in the United States. Welcome!

Types of Chase bank checking accounts you can open

There are three types of bank accounts you can open with Chase:

  • Chase Total Checking
  • Chase Secure Banking
  • Chase Premier Plus Checking

Chase Total Checking is the most popular account. Let’s break down the characteristics of each account:

Chase Total checking

Interest rate

The interest rate offered by the Chase Total Checking account is 0.01%. It’s a very low interest rate, so if you’re looking to save, this account may not be suitable for you.

ATM network

Chase provides access to over 4,600 branches and more than 16,000 ATMs across the United States, allowing you to withdraw money without incurring any fees. Please note that you may have to pay fees for cash withdrawals made outside the United States.

App

The Chase mobile app is user-friendly and highly rated among users.

Fees

There is a monthly service fee of $12, which can be waived if you meet any of the following conditions:

  • Make a monthly deposit of $500
  • Maintain an average daily balance of $5,000 across all your Chase accounts
  • Keep a minimum daily balance of $1,500

Bonus

New Chase clients are eligible for a $200 bonus. To qualify, you must enroll with a coupon and have a direct deposit made to your account within 90 days. The direct deposit should be an electronic deposit of your paycheck, pension, or government benefits (such as Social Security) from your employer or the government.

Chase Secure Banking

Chase Secure Banking is the least contracted because you have to pay a fee of $4.95 per month. The only difference between this account and the previous one is that you will not be able to be in overdraft, so you will save not having to pay added commissions.

Chase Premier Plus Checking

Chase Premier Plus Checking

is another account option available with Chase. If you fail to meet the account requirements, you may be charged up to $25 per month. To avoid fees, you must fulfill one of the following two conditions:

  • Maintain an average daily balance of $15,000 or more across this account and linked qualifying Chase checking, savings, and other balances.
  • Have a linked qualifying Chase first mortgage enrolled in automatic payments from your Chase account.

One of the notable advantages of this account is that it does not charge fees for non-Chase ATM usage.

Differences between Chase checking accounts

Here’s a table summarizing the differences between the various Chase checking accounts:

Chase Total CheckingChase Secure BankingChase Premier Plus Checking
12$* (fulfilling conditions 0$)4,95$25$* (fulfilling conditions 0$)
Easy to avoid commissionsYou can’t avoid commissionsDifficult to avoid commissions
Zelle serviceZelle serviceZelle service
Overdraft assistNo Overdraft assistOverdraft assist
Fees cashier checksFees cashier checksNo fees cashier checks
Fees at non-Chase ATMsFees at non-Chase ATMs4 free withdrawals
Chase fees for checksNo service Chase for checksNo Chase fees for checks
Differences between Chase checking accounts

Fees

As mentioned, the monthly fees can range up to $25 per month depending on the chosen account. However, if you meet the account requirements, you can avoid these fees. Each account has different conditions for waiving the monthly fees.

To avoid fees in Chase Total Checking, you must fulfill one of the following requirements:

  • Make a monthly deposit of $500
  • Maintain an average daily balance of $5,000 across all your Chase accounts
  • Keep a minimum daily balance of $1,500

To avoid fees in Chase Premier Plus Checking, you must fulfill one of the following requirements:

  • Maintain an average daily balance of $15,000 or more across this account and linked qualifying Chase checking, savings, and other balances.
  • Have a linked qualifying Chase first mortgage enrolled in automatic payments from your Chase account.

Pros

After considering all the features, here are the advantages of Chase checking accounts:

  • Chase has a vast network of over 4,600 branches and 16,000 ATMs in the United States.
  • Chase Premier Plus Checking allows up to four free withdrawals per statement period.
  • Chase offers one of the best online banking experiences.
  • No fees are charged if you meet the account requirements.

Cons

Here are the disadvantages of Chase accounts:

  • Failure to meet the account requirements can result in monthly fees of up to $25.
  • The interest rates offered on all checking accounts are quite low.
  • The Chase Total Checking and Chase Secure Banking accounts charge a $3 fee for cash withdrawals at non-Chase ATMs.

Requirements

To open a bank account with Chase, you need to fulfill the following requirements:

  • Have a Social Security number
  • Possess a US phone number
  • Provide proof of residence in the United States

Frequent questions

Here are answers to some common questions about Chase:

How to open a bank account in Chase

You can open a bank account with Chase using one of the following options:

  • Online: You can open an account using your mobile phone or computer.
  • In-person: Visit a Chase branch and open an account with the assistance of a Chase banker.

Anothers products of Chase

Here are more products that Chase offers:

Conclusions

After a thorough analysis, we believe that Chase checking accounts are an excellent option. If you meet the account requirements, you won’t have to pay any fees, and Chase has a widespread ATM network throughout the United States. However, it’s important to note that the interest rates offered on their checking accounts are quite low.

Chase Checking Accounts Video

Here is a video with all Chase checking accounts:

YouTube video
Chase checking accounts

Comparison with the best checking accounts in 2023

We have made a comparative table of Chase with the best checking accounts you can open in 2023:

Logo Chase
  • It is very easy to avoid monthly commissions
  • Welcome bonus of 200 dollars fulfilling conditions
  • More than 16,000 ATMs in the United States
  • $25 minimum deposit
  • Very low interest rates
Bank of America logo
  • It is very easy to avoid monthly commissions
  • More than 16,000 ATMs in the United States
  • $100 minimum deposit
  • No welcome bonus
  • High interest rates if you have a lot of savings
Wells Fargo logo
  • It is very easy to avoid monthly commissions
  • Nearly 12,000 ATMs
  • $25 minimum deposit
  • Welcome bonus of 300 dollars fulfilling conditions
  • High interest rates on CDs
Logo Sofi
  • No fees and no requirements
  • Nearly 60,000 ATMs
  • Welcome bonus of 250 dollars fulfilling conditions
  • High interest rates on CDs
Charles-Schwab-Logo
  • No fees no direct deposits
  • Fee-free withdrawals from ATMs around the world
  • Without minimum deposit
  • No welcome bonus
  • High interest rates on CDs
Chime checking account Logo
  • No fees no direct deposits
  • More than 60,000 commission-free ATMs
  • Without minimum deposit
  • No welcome bonus
  • High interest rates on Savings
Ally logo
  • No fees no direct deposits
  • More than 50,000 commission-free ATMs
  • Without minimum deposit
  • No welcome bonus
  • High interest rates on CDs and Savings
Citibank-logo
  • Commissions of $10 if you do not meet requirements
  • No fees at Citibank ATMs
  • Without minimum deposit
  • No welcome bonus
  • High interest rates on CDs

Video with the best checking account in 2023

We have made a video with the best checking accounts in 2023:

Best banks to open a checking account in 2023

Related Content

If you want more information we leave you related articles with checking accounts:

Updated the day 1 September, 2023 by Alfredo Barandiarán

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