Chase Bank Review: Best Account For You

Chase is one of the biggest banks in the Unites States, they offer everything from personal banking to mortgages to loans, as well as a popular range of credit cards. Not to mention, they offer more checking options compared to other competitors.

Opening account with Chase is very straightforward since the requirements are generally low and it’s relatively easy to waive the service fees on the basic accounts, however interest rates are low for savings products.

Chase has new customer bonuses and an established presence nationwide, but there are some drawbacks when banking with them. Keep reading below to see if Chase if the right bank for your financing needs!

Who Chase Is Best For?

Chase Bank is a good option for those who:

• Like to have all their financial activities under one bank.
• Need in-person banking services and want to access to branches and ATMs.
• Have regular direct deposits or usually leave a balance in your account.
• Are interested or are already using Chase credit cards.

Checking Account Options

Chase offers a variety of checking accounts for students, low income, and high net worth individuals.

Chase Total Checking®Chase Premier Plus Checking^SMChase Sapphire Checking^SMChase College Checking^SMChase High School Checking^SMChase Secure Checking^SMChase Private Client Checking^SM

It’s the most popular checking account from Chase. With Chase Total Checking®, you get access to Chase ATMs and nearly branches nationwide, free debit card, free online banking & bill pay, and mobile banking with their award winning Chase Mobile App. Chase QuickDeposit^SM lets you deposit checks almost anytime, anywhere with the ease of taking a picture.

• Enjoy up to $350 when you open a new Chase Total Checking® account with Direct Deposit and/or open a new Chase SavingsSM 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 SavingsSM 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 Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device. • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com. Apply Now at Chase

This account gives you interest, as well as perks that includes: free Chase design checks, no fee on the first four non-Chase ATM transactions each statement period, and more!

The Chase Premier Plus Checking^SM account comes with free Chase Debit Card, free Online Banking and Online Bill Pay, free Mobile Banking, free Account Alerts, and free access to Chase ATMs and branches near you!

• Enjoy $300 as a new Chase checking customer, when you open a Chase Premier Plus CheckingSM 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. Apply Now at Chase

You can also earn interest with this premium checking account! It includes extra perks where you can get no ATM fees worldwide plus refunds of other banks’ fees, no foreign exchange rate adjustment fees, and more! You can get everything that this account has to offer!

With the Chase SapphireSM Checking: • Enjoy a $1,000 welcome bonus when you join SapphireSM Banking. Within 45 days, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible personal checking, savings and/or investment accounts, (excludes any J.P. Morgan retirement accounts and CDs) and maintain that balance for 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. Apply Now at Chase

If you’re a college student this is a good account for you. The Chase College Checking account comes with free Chase Debit Card, free Online Banking and Online Bill Pay, free Mobile Banking, free Account Alerts, and free access to Chase ATMs and branches plus many more.

• Enjoy $100 as a new Chase checking customer when you open a Chase College CheckingSM 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 at account opening with proof of student status. • 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® Apply Now at Chase

If you’re starting to manage your own money or need help, this account can help you with that. This account requires a parent or guardian must be a joint owner for a checking account.

There is no minimum to open this account. This is account is specifically for those who have low income or bad credit who may have trouble opening an account. Keep in mind that overdrafts are not allowed on this account, you are only allowed to spend what you have.

This top tier checking account is for high net worth individuals! With Chase Private Client, you can manage your assets and access special perks, like a personal Private Client Banker, that can save you money and make your life easier. Enjoy personalized premium banking solutions and the expertise and investment capabilities of J.P. Morgan.

• Enjoy a $2,000 bonus when you join Chase Private Client. Within 45 days, transfer a total of $250,000 or more in qualifying new money or securities to a combination of eligible personal checking, savings and/or investment accounts, (excludes: any You InvestSM, J.P. Morgan retirement accounts and CDs) and maintain the balance for at least 90 days. Offer available to existing Chase customers only. • Experience a banking relationship that brings you more • A team dedicated to you • Banking with fewer fees • Visit your nearest CPC branch • 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. Learn More at Chase

Compare Checking Account Options

Chase Total Checking®HSBC Advance CheckingAsterisk-Free Checking®Chase Premier Plus Checking^SM

• 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 • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device. • 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. Apply Now at Chase

• Enjoy $300 as a new Chase checking customer, when you open a Chase Premier Plus CheckingSM 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. Apply Now at Chase

Savings Account Options

Chase’s interest rates are low, so if you’re top priority is to grow you money, you’ll what to look elsewhere. There are other savings accounts that pay over 2% in interest.

Despite the low interest, it can still be used as a secondary savings when you pair it with a Chase checking account. There are advantages to having linked accounts from the same bank like fast transfers and features like overdraft protection.

Chase Savings^SMChase Premier Savings^SM

This is Chase’s basic savings account without any perks.

One of the most popular savings accounts in the market, Chase Savings^SM, makes it easy to start saving with online banking and mobile banking tools.

• Enjoy a $150 bonus when you open a new Chase SavingsSM 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 Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device. • 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. Apply Now at Chase

This account is designed to be paired with a Chase Premier Plus Checking^SM or Sapphire Checking^SM account. If you meet certain relationship requirements or have a bigger balance, you can earn higher interest rates.

The Chase Premier Plus Checking^SM account comes with free Chase Debit Card, free Online Banking and Online Bill Pay, free Mobile Banking, free Account Alerts, and free access to Chase ATMs and branches.

• Enjoy $300 as a new Chase checking customer, when you open a Chase Premier Plus CheckingSM 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. Apply Now at Chase

Compare Savings Accounts

Discover Online SavingsChase Savings^SMAmerican Express® Personal SavingsUFB High Yield Savings

Open a Discover Online Savings Account for all these features: • Bonus offer applies for your first Discover Online Savings Account • Earn $200/$150 Bonus with promo code HMB1219 by 1/6/2020 • Fund your first savings account with a minimum of $25K by 1/20/2020 to earn the $200 Bonus • Fund your first savings account with a minimum of $15K by 1/20/2020 to earn the $150 Bonus • Earn high interest rate of 1.70% APY • No minimum opening deposit, no minimum balance requirement, and now no fees • Interest on Discover Online Savings Accounts is compounded daily and credited monthly • Manage your account online or with the Discover mobile app • FDIC insurance up to $250,000 Apply Now at Discover See advertiser website for full details

• Enjoy a $150 bonus when you open a new Chase SavingsSM 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 Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device. • 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. Apply Now at Chase

With the American Express® Personal Savings Account: • Earn 1.75% APY on your deposits. Your Personal Savings account earns interest daily and is posted to your account monthly. • Links easily with your current bank accounts. No need to switch banks. • FDIC Insured. Your account is insured to at least $250,000 per depositor. • No monthly fees, no minimum balance. • 24/7 Account Access Apply Now at American Express

• The UFB High Yield Savings Account offers up to 2.00% APY with interest compounded daily. • The minimum deposit to open a UFB Direct High Yield Savings Account is only $100. • This account features access to all of our free online banking tools, all with no monthly maintenance fees. • FDIC insured to the maximum allowable limit - certificate number 35546. Apply Now at UFB Direct

CD Accounts Options

Certificate of Deposits require you to deposit a set amount of money for a set amount of time, there will be a penalty if you withdraw early.

It’s best to link a Chase CD to a personal Chase checking account, so you can get a higher relationship rate. Other than that the rates are low. But the bigger the balance the higher the interest rate.

• Terms of 1-month to 6 years
• Daily compounding interesting
• No monthly service fee

Chase offers good rates on their 9- to 11-month or 21- to 23- month CDs, if you link it with a Chase checking account. The rates are competitive if you can afford larger deposit.

However, other online banks do offer higher CD rates and some even have no opening minimums. It’s important to know that Chase no longer offers new retirement CDs.

Compare CD Accounts

Discover CDCIT Bank CDSynchrony Bank CDBBVA CD

• Available nationwide online, Discover offers CDs with some of the highest & most competitive rates! with select terms as short as 3 months up to 120 months • Rates ranging from 0.35% APY up to 2.20% APY. • Opening a Discover Bank Certificate of Deposit is extremely quick and easy. • Funds on deposit are FDIC-insured up to the maximum allowed by law. • Start today with a minimum deposit of $2,500! • Get started and open a Discover CD in 3 easy steps. Apply Now at Discover

• Available online nationwide • Earn 0.72% APY up to 1.80% APY on a 6-Month up to 5-Year Term CD • $1,000 minimum to open • Selection of terms to meet your needs • A range of choices. Low minimum deposits. • No fees to open or maintain the account • Earn 6X the national average • Available as Custodial • Open a CIT Bank Certificate of Deposit Account today! Apply Now at CIT Bank

With the BBVA Compass Bank 12-Month and 36-Month CD: • Earn 1.90% APY on 12-Month or 2.35% APY on 36-Month with just a $500 minimum deposit • The perfect balance between a great fixed rate and flexible money access. • Access funds, if needed. No penalty. • No opening or maintenance fees • Shorter 11-month timeframe and a great APY • If you need your funds prior to the maturity date, you can withdraw your money — including any interest earned — beginning seven days after the funds have been received. No penalty. No problem. It's the security of a CD with the flexibility to access your funds early if you need them. Apply Now at BBVA Compass

Chase Account Features

Most of Chase’s checking and savings accounts offer these features and tools that you can use:

• Direct Deposit. You can directly send paychecks into your checking or savings.
• Chase QuickDeposit. Deposit checks from anywhere by taking a photo with your phone. The daily mobile check deposit limit is $2,000 and the monthly limit is $5,000.
• Cardless ATM Access. You can withdraw money at Chase ATMs card-free by logging into your mobile wallet and entering your PIN.
• Online Bill Pay. Pay thousands of billers online or via mobile app.
• QuickPay with Zelle. You can easily send money to another person with just their email or phone number.
• Automatic Savings Program. Create a recurring transfer from a Chase checking account to Chase savings account so you can grow your savings without thinking. You can choose the amount and frequency.
• Text banking. Check balances and transaction history by simply texting.
• Overdraft Protection. You must link a Chase checking and savings account for this feature. If you overdraw your checking account, Chase will transfer funds from your savings to cover it.
• Paperless Statements. See up to 7 years of statements online.
• Account Alerts. Set up alerts for account activity, such as for low balance, large transactions, and more.

How to Open a Chase Account

You can open a Chase account either in person at a branch or online.

College students will need their student ID or proof of enrollment for the College Checking account.

Please note that you must be a U.S. citizen or resident alien to open an account online. After filling in the application, just make your first deposit!

Other Chase Bank Services

Chase is a complete full-service bank. Besides personal banking products, Chase also offers these services:

Business ServicesCredit CardsInvestingMortgagesLoans

Small business owners have a selection of checking and savings accounts. Chase also offers business financing and merchant services for collecting payment.

Chase is best known for their credit card lineup, offering huge welcome bonuses and good rewards. Chase has a number of highly valued cash back, travel rewards, and small business cards. You can see Chase’s best cards.

Chase is part of JP Morgan, one of the biggest investment banks in the world. It offers a low cost, self-directed platform through You Invest or managed services for high net worth clients.

• Enjoy up to $625 when you open and fund a new You Invest Trade account with $25,000 or more in new money. Find out how. • Unlimited commission-free online stock, ETF, and options trades for your first year - just $2.95 thereafter. Options contract and other fees may apply* • Premium customers enjoy unlimited commission-free online stock, ETF, and options trades every year. Options contract and other fees may apply.* • You Invest is an easy, smart and low-cost way to invest online. • Choose an account that's right for you: Brokerage, Traditional IRA or Roth IRA. • Easily manage your Chase banking and J.P. Morgan investments all in one place. • Get tools and expertise to make smarter investment decisions. Apply Now with Chase INVESTMENT PRODUCTS: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE

Chase offers mortgages and home refinancing as well as a home equity line of credit.

Chase offers auto loans and auto refinancing. Chase checking customers can get a 0.25% rate discount when refinancing an existing auto loan.

Other Bonus & Offers

• Benefits for Service Members. Active and veteran members of the U.S. Armed Forced can receive a free Chase Premier Plus Checking with no monthly service fee and no balance requirements. You can also link Chase personal savings accounts for no service fees.
• Referral Bonuses. You can earn up to $500 a year when you refer friends to open a qualifying Chase checking or savings account.
• Free Credit Report. Anyone can enroll to get a free credit report from Chase. You don’t even need to be a Chase customer.

Reasons to Bank with Chase

• Chase coupon and bonuses for new customers
• Relatively low opening requirements
• Easy to waive service fees on basic accounts
• Many checking options for all financial situations
• Online and mobile banking from anywhere
• Free online bill pay, mobile deposits, and text banking
• 24/7 customer service with real reps
• Highly rated mobile app
• FDIC insured up to $250,000
• Full service bank with checking, savings, credit cards, loans, and investing

Reasons Not to Bank with Chase

• Low interest rates on savings products
• Not located in all states
• Requirements to waive monthly service fee
• High out-of-network ATM fees
• Many banking fees
• No retirement accounts

Chase Bank Routing Number

You can find your routing number by signing in to chase.com and clicking on the last four digits of your account number that appear above your account information. You can also find your routing/transit number on the bottom of each of your checks — next to the number of your checking account and the check number.

Contact Customer Service

For service on existing accounts 1-800-935-9935
Representatives available 24 hours a day, 7 days a week.
For faster service and secure access to your account information, enter your debit card number and the same PIN you use at the ATM.

How Chase Bank Compares

• Bank of America: As one of the larger banks in the U.S. Many may choose BoA for the convenience of locations through out 35 states. However, BoA offers limited account options.
• Wells Fargo: Although there are more locations for this bank, their offerings pale in comparison to Regions because they don’t have as many. Wells Fargo, however, does have 24/7 customer service, but their benefits would be the most useful to current Wells Fargo mortgage customers instead.
• Ally Bank: An online bank with competitive interest rates compared to other online banks and higher rates than most brick and mortar ones.

Bottom Line

Chase is a good choice if you’re looking for a bank with full range of services, physical locations, available ATMs, and good mobile banking. However, with most brick and mortar banks don’t expect much in interest.

Otherwise then this is the bank for you! So if you’re interested in banking with Chase, see what they have to offer through Chase Bank Promotions! And while you’re here on HMB, check our full list of Best Bank Promotions for more options!