What Does Chase Bank Offer?

What Does Chase Bank Offer – Given its scale, Chase Bank is expected to have a diverse range of products and services for both consumers and corporations.

• Savings accounts
• Checking accounts
• Certificates of deposit
• Credit cards

Chase Savings

The Chase Savings account provides a tiny amount of interest, although the annual percentage yield (APY) isn’t particularly high. The account earns 0.01 percent APY as of February 24, 2020, while the best high-yield savings accounts elsewhere pay more than 2.00 percent. This account has a $5 monthly cost, however if you fulfill any of the following conditions, you may be eligible for a fee waiver:

• Maintain a balance of $300 or more at the start of each day.
• Using a personal Chase checking account or a Chase Liquid card, save at least $25 each month.
• Overdraft protection is provided by linking a Chase College Checking account to a Chase Savings account.
• You’re under the age of eighteen.
• Connect this account to certain Chase premium checking accounts.

Chase Premier Savings

The Chase Premier Savings account earns a little more than the normal Chase Savings account, but it’s a modest difference. You must maintain a large balance in a Chase Premier Plus Checking or Chase Sapphire Checking account—and make at least five transactions each month in those accounts—to qualify for higher rates.

A $25 monthly maintenance fee applies to Chase Premier Savings, however you may be eligible for a waiver if you complete one of the following:

• Maintain a minimum balance of $15,000 in the account.
• Open a Chase Premier Plus Checking or Chase Sapphire Checking account that is linked to your Chase Premier Plus Checking account.

Withdrawal limits apply, just as they do with the normal Chase Savings account.

Chase Total Checking

Chase Total Checking is the bank’s most popular checking account, according to Chase. This account may easily meet most people’s day-to-day checking needs thanks to online bill pay and mobile app access. The following are some of the highlights:

• Checks can be deposited via mobile phone or at an ATM.
• Checks written on paper
• Zelle sends money to his friends and relatives.

Chase Premier Plus Checking

The Chase Premier Plus Checking account offers a tiny amount of interest and comes with a few monthly bonuses. However, at 0.01 percent APY, interest earnings are minimal. You’re probably better off with a high-interest checking account from an internet bank if you truly want to earn interest on your checking account.

This account may appeal to customers who have a long-standing business relationship with Chase. You must meet one of the following criteria to avoid the $25 monthly fee:

• Maintain a minimum daily balance of $15,000 in qualifying Chase Bank accounts.
• Have a Chase mortgage that you can pay down with your Chase account.

All of the features of Total Checking are available with Chase Premier Plus Checking. You also get a few bonuses, including the ones listed below:

• Fees for four overseas ATM withdrawals per month are waived (the ATM owner may charge fees, and Chase may charge extra when using a currency besides U.S. dollars)
• Basic personal checks, counter checks, money orders, and cashier’s checks are all available for free.
• Additional Chase checking and savings accounts may be eligible for monthly fee exemptions.
• Safe deposit boxes are available for free or at a reduced rate.

Related: How to close a Chase checking or savings account?

Chase Sapphire Checking

Although Chase Sapphire Checking features more perks, the barrier to fee-free banking is greater. This account contains the following features in addition to 24/7 customer service and greater ATM and debit card limits:

• There are no ATM fees anywhere in the world. With this account, you won’t have to pay any overseas ATM costs, and you’ll also get rebates on ATM fees.
• Interest is charged on your outstanding debt.
• There are no costs for wire transfers or stop payments.
• Four free overdrafts each year
• Other benefits and savings on Chase services

To avoid paying the $25 monthly fee, you must maintain an average balance of $75,000 in qualified Chase accounts or investments.

Chase Secure Checking

Chase Secure Checking is a no-frills account that may appeal to you if you’re just getting your financial feet under you. This account does not offer paper checks, but you can pay bills using online bill pay or your debit card.

• There is no requirement for a minimum deposit.
• There are no overdraft costs.
• The monthly fee is $4.95.

Chase College Checking

Chase College Checking is a student checking account offered by Chase Bank. Customers who open an account between the ages of 17 and 24 are eligible for this account. Despite the fact that there is a $6 monthly maintenance cost, there are numerous ways to get a waiver:

• Be a college student (up to five years)
• Set up a direct transfer into the account on a monthly basis.
• Maintain a minimum daily balance of $5,000.

If you link a Chase Savings account to this one for overdrafts, the savings account will have no monthly fees.

This account could be a convenient and economical choice for college students who choose to study rather than work.

Chase High School Checking

Do you want to teach your kids about budgeting and saving money? The Chase High School checking account has no monthly charge and is offered to youth aged 13 to 17. A parent or guardian must be a co-owner on an eligible Chase Bank checking account, and the account transforms to a Total Checking account when the kid reaches the age of 19.

Certificates of Deposit

You’ll need $1,000 to open a Chase Bank CD, and you may choose from terms ranging from one month to ten years. It’s hardly unexpected that Chase Bank has low rates because it’s a classic brick-and-mortar bank. To get the best deal, make sure you qualify for a “relationship rate” by having a connected bank account and making a $10,000 transaction.

Related: What Is Chase QuickPay With Zelle?