Chase Bank is a part of JPMorgan Chase, which is one of the oldest financial institutions in the United States. Currently, the institution operates in more than 60 countries and holds assets in excess of $2 trillion.
Company Headquarters:
Chase Bank
270 Park Avenue Floor 12
New York, NY 10017
Website: www.chase.com
Customer service: 1-877-68CHASE (1-877-682-4273)
Types of Accounts Available
Chase Bank currently offers a wide variety of deposit accounts, including savings, checking, money market and CDs.
Savings Accounts
One popular savings option offered by Chase Bank is Chase Savings. Some features and requirements of Chase Savings include:
- $25 to open
- Earn variable interest rate
- 6 withdrawals allowed per month
- $4 monthly fee waived if account maintains $300 minimum daily balance (or a qualifying transfer is made in the Automatic Savings Program, or if the saver is under 18 years old).
- Access to more than 16,100 Chase ATMs in the U.S.
- Online statements and email alerts
- Interest is compounded and credited monthly
Chase also offers Chase Plus Savings as a deposit option.
Checking Accounts
Chase Total Checking is the bank’s base-level checking account for adults. Some fees and requirements of the account include:
- $25 to open
- Chase debit card
- Online banking and bill pay
- Chase Mobile Banking
- Free account alerts
- Access to more than 16,100 Chase ATMs and 5,200 branches nationwide
- $12 monthly service fee waived with monthly direct deposit of $500 or more, $1,500 minimum daily balance or an average daily balance of $5,000 or more in linked deposits/investments
The other checking accounts offered by Chase Bank are Chase Premier Plus Checking, Chase Premier Platinum Checking and Student Checking.
Money Market Accounts
The Chase Retirement Money Market Account was created to merge retirement plans with money market savings options. Some features and requirements of the account include:
- $100 to open
- Online banking
- Online statements
- Interest rate is tiered and variable
- Make additional deposits any time
- $30 IRA annual fee
Interest is compounded and credited monthly.
CDs
Chase Bank also offers two CD options for customers to take advantage of.
Chase Certificate of Deposit
The Chase Certificate of Deposit comes with the following:
- $1,000 to open
- Fixed interest rate
- CD can be established as single or joint
- Multiple options for reinvesting interest
The terms for this CD terms are:
- 6 month
- 12 month
- 24 month
- 36 month
Chase CD Specials
Chase’s CD specials come with the same features as the standard CD, except that they require $10,000 to open and come with the following terms:
- 9 month
- 13 month
- 24 month
- 30 month
- 48 month
- 60 month
This bank does not advertise jumbo CDs.
How to Open Account
All Chase accounts, with the exception of the Chase Retirement Money Market Account, can be opened via the bank’s website (the money market account must be opened at a branch location).
In order to open most accounts, you will need:
- Valid driver’s license or state ID
- Social Security number
- Current address
- E-mail address
- Routing and account if the account will be funded from another bank
FDIC Insurance and Coverage
All Chase deposit accounts (including checking, savings, CDs and money market accounts) are insurance through the FDIC for up to $250,000 per depositor, per account.
Customer Service
Chase Bank offers a number of customer service options, including contacting the bank via phone to open an account or receiving help for existing accounts, sending an email to have a representative communicate back in this format or sending inquiries via snail mail. The bank also recommends that customers visit a branch location for assistance.
Security
To protect its customers from identity theft and other ways that personal information can be compromised, Chase Bank uses Secure Socket Layer (SSL) technology that encrypts user IDs, passwords and account information over the Internet.
Chase Bank also offers a number of personal lending options (auto, HELOC, mortgage, refinance, student loans) for consumers to take advantage of. In addition, the bank offers retirement and investing resources, as well as insurance.
