How To Avoid Chase Bank Monthly Fees

How To Avoid Chase Bank Monthly Fees

There are many ways that one can avoid the monthly fees that a Chase Bank requires. The article that you are about to read will provide you with a simple rundown on ways that you can avoid paying for the Chase Bank monthly maintenance fees.

When you open up a new Chase Bank checking, your monthly fee will most likely be waived for the first 60 days, so you won’t have to get stricken by a monthly maintenance fee right after you have just opened up a new account. Be sure to check out our bank promotions from Chase!

Read more to find out about how you can avoid the monthly maintenance fees for all Chase Checking and Savings accounts!

New Eligible Chase Business Checking Account

• Get $300 as a new Chase business checking customer, when you open a new eligible Chase business checking account with qualifying activities • Access to 16,000 ATMs and nearly 4,900 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 QuickDepositSM, ACH and ATM Get Coupon at 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 4,900 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. Apply Now at Chase

How To Waive The Fee

This account does incur a $12 monthly fee. To avoid this fee, complete one of the following:

• Have monthly direct deposits totaling $500 or more made to your Chase Total Checking® account.
• Keep the daily balance in your checking account at or above $1,500.
• Keep an average daily balance of $5,000 or more in any combination of qualifying Chase checking, savings and other balances.

Chase Premier Plus Checking^SM

How To Waive The Fee

This account does incur a $25 monthly fee. To avoid this fee, complete one of the following:

• Keep an average daily balance of $15,000 or more in any combination of qualifying Chase checking, savings, and other balances. OR
• Have automatic payments to your qualifying linked Chase mortgage from your Chase account.

Chase Savings^SM

• 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 4,900 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. • 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

How To Waive The Fee

This account does incur a $5 monthly fee. To avoid this fee, complete one of the following:

• Option 1: A balance at the beginning of each day of $300 or more in this account, OR
• Option 2: $25 or more in total Autosave or other repeating automatic transfers from your personal Chase checking account or Chase Liquid® Card (available only through chase.com or Chase Mobile®), OR
• Option 3: A Chase College Checking^SM account linked to this account for Overdraft Protection, OR
• Option 4: An account owner who is an individual younger than 18, OR
• Option 5: A linked Chase Better Banking® Checking, Chase Premier Checking^SM, Chase Premium Plus Checking^SM, Chase Sapphire^SM Checking, or Chase Private Client Checking^SM account

Chase Private Client

• 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 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

How To Waive The Fee

There are no monthly services fees for the Chase Private Client, however, it is required that you maintain at least $250,000 in combined account balances.

Chase Sapphire Banking

How To Waive The Fee

This account does incur a $25 monthly fee. To avoid this fee, complete the following:

• Sapphire Banking^SM requires an average balance of $75,000+ in eligible deposits/investments to waive the $25 monthly fee.

Chase College Checking^SM

How To Waive The Fee

This account does incur a $6 monthly fee. To avoid this fee, complete one of the following:

• Up to five years while in college OR
• A direct deposit made to this account. Direct deposits can be an ACH credit, payroll, pension or government benefits such as Social Security OR
• An average ending day balance of $5,000 or more in this account

Chase High School Checking

This account does incur a $6 monthly fee. To avoid this fee, complete one of the following:

• A linked qualifying personal parent/guardian checking account OR
• A direct deposit made to this account. Direct deposits can be an ACH credit, payroll, pension or government benefits such as Social Security OR
• An average ending day balance of $5,000 or more in this account

*When the Student reaches the age of 19, the Chase High School Checking account will become a Chase Total Checking account*

Chase Premier Platinum Checking

• Monthly Fee: $25
• Avoid the monthly fees by completing the following:
  • Average beginning day balance of $75,000 or more in any combination of this account and linked qualifying deposits/investments.

Chase Premier Savings

• Monthly Fee: $25.
• Avoid the monthly fees by completing one of the following:
  • Maintain balance at the beginning of each day of $15,000 or more in this account OR
  • When linked to a Chase Premier Plus Checking^SM or Chase Premier Platinum Checking^SM account

Chase Performance Business Checking

• Monthly Fee: $30.
• Avoid the monthly fees by completing following:
  • Maintain a combined average daily balance of $35,000 or more in qualifying business deposit accounts

Chase Platinum Business Checking

• Monthly Fee: $95.
• Avoid the monthly fees by completing following:
  • Maintain qualifying business deposit balances of $100,000.

Chase Business Total Savings^SM

• Monthly Fee: $10.
• Avoid the monthly fees by completing following:
  • Maintain a minimum ledger balance of $1,000 OR
  • Maintain a linked Chase Total Business Checking account.

Chase Business Premier Savings^SM

• Monthly Service Fee: $20.
• Avoid the monthly fees by completing following:
  • Maintain a minimum combined average daily balance of $25,000.

How to Avoid Other Fees

Overdraft Fees

Chase, like some banks, also make charges for insufficient funds and returned item fee of $34 per incident. With this you will get a maximum of three items per day, for a daily total maximum of $102.

The easiest way to avoid an overdraft fee from Chase is to make sure that you have enough funds in your account to cover any purchases that you make.

They have two forms of overdraft fees:

• Insufficient Funds Fee: When Chase pays for an item if you account does not have enough money to cover the cost.
• Returned Item Fee: When Chase returns an item presented for payment , but your account doesn’t have enough funds to cover it.

You can also enroll in overdraft protection to avoid the overdraft fee. All you have to do is link your checking account to a Chase savings account for backup. This will let the funds in your savings account transfer into your checking account to make up the difference and cover any transaction where additional money is needed.

But if you don’t have enough funds in your savings account to cover the cost, you will be charged the overdraft fee.

Also keep in mind that you’re only allowed six withdrawals per month from your savings account for the overdraft protection! Anything after that, you will be charged a $5 savings withdrawal limit fee, which you can waive if you have more than $15,000 in a Chase Premiere Savings account.

ATM Fees

If you own a Chase Total Checking account, you will be paying ATM fees for non-Chase ATMs. In the U.S., the fee is $2.50  per withdrawal, inquire, or transfer! While the fee is $5 for withdrawal or $2.50 for an inquiry or transfer outside of the U.S.!

But if you’re a Chase Premier Plus Checking account, you get up to four non-Chase ATM fees waived per month. And Chase Sapphire Checking account holders enjoy no ATM fees worldwide.

*Please consult with your banker for more details about the monthly fees and ways to avoid them. Chase Banking fees and may change without notice.*

Chase Coupon Promo Codes $100, $200, $300, $350, $500, $725, $1000, $2000 for October 2020

Huntington Bank Promotions: $150, $200, $400, $500, $750 Checking Bonuses for October 2020

HSBC Bank Promotions: $200, $240, $450, $600, $2,000 Checking Bonuses for October 2020

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