Chase Private Client checking account

Do you want to see a complete review of the Chase Private Client checking account? From Responsible Economy we have carried out an analysis of all the features: fees, interest rate, welcome bonus, requirements and everything you need to know. You also have a comparison of the best checking accounts you can open in the United States in 2023. Welcome!

Features

In this section we will see the characteristics of the Chase Private Client checking account:

Fees

In the case of not meeting the requirements, you will have to pay 35 dollars a month or, what is the same, 420 dollars a year. The only requirement that must be met is to have an average balance of $150,000 in the checking account.

Chase Private Client checking account fees

Minimum deposit

Although Chase does not mention the minimum initial deposit to open this checking account, you probably won’t be able to open it if you don’t make a minimum initial deposit of $100,000.

Cash withdrawals at ATMs

Chase Private Client checking account allows you to make withdrawals without fees at ATMs around the world.

Zelle

You can send and receive money with Zelle.

Chase overdraft assist

This Chase checking account does not offer Overdraft service as the minimum balance required is $100,000

Bonus

It also does not offer any welcome bonus.

Type of interest

The interest rate that Chase offers to its clients is ridiculous since you can only get 0.01% APY but private banking clients have higher privileges and should talk to their bankers to get their interest rate raised.

Requirements

The only requirements you must meet to open the Chase Private Client are:

  • Be a resident of the United States and prove the address where you live
  • have social security number
  • Have a US phone number

Fees

Although we have already mentioned it before, you will have to pay 35 dollars a month unless you have more than $150,000 in checking account balance.

Pros

We have made a list with all the advantages that the Chase Private Cliente has:

  • High number of offices and branches throughout the United States
  • Better interest rates than other Chase accounts
  • No commissions for withdrawals at ATMs around the world

Cons

Here we show you all the disadvantages:

  • Monthly commissions without meeting the conditions

Frequent questions

Now we are going to answer all the questions you may have about Chase Total Checking:

Differences between Chase checking accounts

We have made a table with all the differences between the checking accounts that you can open with Chase:

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 checks
No service Chase for checks
No Chase fees for checks
Differences between Chase checking accounts

Comparison of current accounts in 2023

We have made a chart with the best checking accounts that you can open in the United States:

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

Chase checking accounts

We have made a video with the main characteristics of Chase checking accounts:

YouTube video
Chase Checking accounts

Video with the best banks

Here you have a video with best checking accounts in 2023:

Best banks in 2023

Learn more about Chase

We show you a table that we have made with information of interest about Chase:

InformaciónDescription
Web pagehttps://www.chase.com/
Facebookhttps://www.facebook.com/chase
Twitterhttps://twitter.com/Chase
Number of telephone1-800-935-9935
Information about Chase

Other Chase products

Here you have a list with products by Chase:

Conclusions

After all the analysis carried out, our conclusion is that the Chase Private Client checking account does not offer good conditions since it forces you to have a minimum balance of $150,000 to avoid paying commissions and it does not inform you about the interest rate it offers you.

Related content

Finally, you have articles related to bank accounts:

Updated the day 22 May, 2023 by Alfredo Barandiarán

¿De cuánta utilidad te ha parecido este contenido?

Haz click en una estrella para votar

Promedio de puntuación 5 / 5. Número de votos 3

Se el primero en dejar un comentario!

Latest posts by Alfredo Barandiarán (see all)

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.