How To Open a Chase Account (2024) (2024)

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Chase checking, savings and CD accounts have similar application processes. You’ll need to gather required information and documents and apply for an account either on Chase.com or in person. To make the process easier, follow these steps:

1. Choose an account type
2. Gather required documentation and information
3. Begin and complete the application process
4. Deposit money into your new account

Step 1: Choose a Chase Account

First, decide which type of account you want to open. For example, you might choose a Chase checking account for daily spending and a savings account for your savings goals. Consider account features, fees and any minimum opening deposit requirement as well. And for a CD, you’ll also choose a term.

Next, decide whether you want to apply in person or online. Applying online can save you time, but make sure it’s an option for your situation and the account you want. For example, applications for joint accounts, the Chase High School Checking account and CDs for new customers must be done in person at a Chase Bank near you.

Step 2: Get the Necessary Information and Documents

The Chase bank account application will ask for information about each account holder. While specifics can depend on the account type, common items include:

• Name
• Address
• Social Security number
• Birth date
• Citizenship information
• Email address
• Phone number
• Employment information
• College information (for student accounts)

Chase also requires documents for identification. If applying online, you’ll use your driver’s license or state ID for your primary ID. If applying at a Chase branch, you might provide alternatives such as your passport, Social Security card or military ID. In-person applications also require a secondary ID, such as another primary ID, an employer ID or a Chase-issued bank card.

If you plan to open a Chase College Checking℠ account, you’ll need proof that you’re a student. This could be your college acceptance letter or current transcript.

Step 3: Complete the Chase Account Application

If you visit a Chase branch, simply tell the banker you’re ready to open an account. You’ll give them the information and documentation mentioned in step two. You can set up an online banking account later.

To apply online, visit the account’s page on Chase.com and look for a “Get Started,” “Open Account” or “Open Now” button. You’ll see an option to log in if you’re an existing Chase customer, and this fills in some personal details to save you time. Otherwise, you’ll provide the information from step two, including your photo ID details, on multiple application screens.

Application Details

The online application asks you to sign various agreements, set your account preferences and create online banking credentials. You’ll select a term if you open a CD and set up a PIN if you open a checking account.

If you apply for a CD, Chase makes you choose a linked bank account for the one-time deposit. Otherwise, you’ll fund your account after it’s open. At the end of the application, click “Open Account.”

After opening a Chase account, you can start using online banking and do in-person transactions. You should also get documents from Chase with information about your new account. If you have a checking account that allows paper checks, you’ll need to order them. It will take about a week for your debit card to come.

Step 4: Fund Your New Chase Account

You have several options for funding your new Chase checking or savings account. You can use the Chase mobile app or website to move money from another bank account, or you can have someone send you funds through Zelle. You can also fund your account with direct deposits or mobile check deposits. If you prefer depositing cash, visit a Chase ATM or local branch.

Chase Bank has a long history that dates back to 1877. It’s now a popular and accessible bank with over 4,700 branches in Washington, D.C., and all states except Hawaii and Alaska. Chase also has a large network of over 15,000 ATMs.

The bank has a positive reputation when it comes to industry awards and ratings. It topped the J.D. Power 2023 U.S. Retail Banking Satisfaction Study℠ in Florida and the mid-Atlantic and Upper Midwest regions. The Better Business Bureau gives JPMorgan Chase & Co. an A+ rating, but the financial institution isn’t accredited by the BBB.

Chase customers can choose from a wide range of banking products. These include:

• Checking accounts for adults and minors
• Savings accounts
• CDs
• Credit cards
• Home loans
• Auto loans
• Investment accounts

Chase is also has numerous online and mobile banking features, including:

• Credit score monitoring
• Identity monitoring
• Mobile check deposits
• Online bill pay
• Zelle transfers
• Account alerts
• Fraud monitoring
• Budget planning
• Automatic savings

Chase offers a wide selection of checking accounts, including interest-bearing accounts and options for kids and students. It also has two regular savings accounts and a bank CD for earning higher annual percentage yields.

Except for the CD, Chase’s accounts don’t require a minimum opening deposit. Several accounts have a monthly fee, but there’s often a way to waive it, such as keeping a minimum daily balance or having a linked Chase account.

Chase Checking Accounts

Chase Secure Banking

Chase Secure Banking is a checking account that doesn’t let you write paper checks or overdraft your account. It’s best for use with your debit card, Zelle and electronic bank transfers. However, Chase provides free cashier’s checks and money orders. You may also be able to get early direct deposits.

There’s no minimum deposit for a Chase Secure Banking account, and it doesn’t earn interest. The bank charges a $4.95 monthly service fee that you can’t have waived.

Read our review of the best online checking accounts.

Chase Total Checking

Chase Total Checking supports paper checks, along with your debit card and electronic transfers. This account includes the Chase Overdraft Assist℠ feature, which lets you avoid overdraft fees for charges of up to $50. You’ll just need to deposit the overdrawn amount by the end of the next business day.

This account doesn’t pay interest or offer early direct deposits. You also don’t get free cashier’s checks or money orders. But you get a useful autosave option if you have a Chase savings account.

There’s no minimum deposit. A $12 monthly service fee applies unless you meet one of these requirements:

• You receive at least $500 in qualifying electronic deposits each cycle.
• You keep a minimum $5,000 average beginning daily balance across qualifying Chase accounts.
• Your beginning daily account balance is always at least $1,500.

If you don’t want to have to pay for a checking account, check out our list of the best free checking accounts.

Chase Premier Plus Checking

Chase Premier Plus Checking is an interest-bearing account with several perks. It has the basic features of Chase Total Checking, including autosave and Overdraft Assist, and includes free cashier’s checks and money orders too. You can order checks from Chase and get four non-Chase ATM fees reimbursed each cycle.

There’s no minimum deposit required. The account’s $25 monthly fee can be waived if one of these situations apply:

• You have a Chase first mortgage with automatic payments.
• You’re a U.S. military service member or veteran and have a qualifying military ID.
• Your average balance each day is at least $15,000 across your qualifying Chase accounts.

Once you open this account, you get a monthly fee waiver for a Chase savings account and two other checking accounts.

If you want to look into checking accounts with benefits, read our list of the best bank account bonuses.

Chase Sapphire Banking

Chase Sapphire Banking is a premium checking account that earns interest. It offers 24/7 dedicated phone support and free Chase design checks. You get the following perks, some of which could save you money:

• No fees for ATMs or wire transfers
• No fees for stop payments or foreign exchange rate adjustments
• Four days of overdraft fees waived annually
• Increased limits on ATM withdrawals, daily purchases, Zelle and Chase QuickDeposit℠ , which deposits checks in the Chase Mobile® app
• Access to entertainment and sports tickets

No minimum deposit is required. You can have the $25 monthly service fee waived if your qualifying Chase accounts have a combined minimum $75,000 average beginning daily balance.

Chase Private Client Checking

Chase Private Client Checking pays interest and expands on the perks of the Chase Sapphire Banking account. You get access to special events and personalized support from a dedicated personal banker and a business banking advisor. This account also comes with personal design checks and the opportunity to get lower rates on auto and home loans.

Chase Private Client Checking doesn’t have a minimum deposit. The $35 monthly fee can be waived through one of these these options:

• Have a linked Chase Platinum Business Checking℠ account
• Keep a minimum $150,000 average beginning daily balance across your qualifying Chase accounts

The account doesn’t earn interest, and Chase limits online banking services. For example, it doesn’t support Zelle, direct deposits or mobile check deposits. Overdraft protection is also unavailable. This account has no monthly fee or minimum deposit.

Chase High School Checking

Chase High School Checking is an account you can own with your teen aged 13 to 17. Unlike Chase First Banking, it supports Zelle, direct deposits and full online banking services. It also has an autosave option and lets teens deposit checks remotely. However, it doesn’t pay interest or provide overdraft protection.

There’s no minimum deposit, but Chase requires applying in person. No monthly service fee applies.The bank converts this account to a Chase Total Checking account when the teen turns 19.

Chase College Checking

Available to 17- to 24-year-olds, Chase College Checking doesn’t earn interest and doesn’t require a parent to apply. However, Chase may require an applicant to provide proof of current college student status. The account includes the features of Chase High School Checking but also supports Overdraft Assist and Zelle.

You won’t need to make a minimum deposit, and you can apply online as long as you’re at least 18. Chase waives the $6 monthly fee automatically for a maximum of five years while you’re a student. You can also have it waived by making a qualifying monthly electronic deposit or having a minimum $5,000 average balance at the end of each day.

Chase First Banking

If you open a qualifying checking account, Chase First Banking is an option you can manage for a child aged six to 17. It comes with a debit card and features such as spending limits and recurring allowances.

Chase Savings Accounts

Chase Savings

Chase Savings is the most basic option for saving money with ongoing deposits. You can take advantage of the convenient option to set up automatic transfers from your Chase checking account.

There’s no minimum deposit. Chase will waive the $5 monthly service fee if one of the following applies:

• You’re a minor
• Your beginning balance every day is at least $300
• You have a Chase checking account and set up at least $25 in recurring transfers per cycle to Chase Savings
• You have a linked Chase Premier Plus, Sapphire or Private Client Checking account
• You use this account for overdraft coverage on a Chase College Checking account

Chase Premier Savings

Chase Premier Savings features both standard and relationship interest rates. The standard APY is available to all customers, and you can earn a higher APY if you meet both of these Chase relationship rate criteria:

• You link the account to your Chase Premier Plus Checking or Chase Sapphire Checking account.
• You use your linked checking account for five or more transactions you initiate.

This account has a $25 monthly fee. Chase will waive it if one of these requirements is met:

• You link your Chase Premier Plus Checking or Chase Sapphire Checking to this account.
• You keep a minimum $15,000 balance every day during the statement cycle.

Chase Private Client Savings

Like the Private Client Checking account, the Private Client Savings account gives you access to priority service and benefits such as invitations to exclusive events. You’ll also be able to work with a J.P. Morgan Private Client advisor.

This account has higher daily limits for ATM withdrawals, Chase QuickDeposit check deposits and Zelle transactions. The monthly fee of $35 can be waived if you meet one of the following requirements:

• Have an average daily balance of $150,000 or more across qualifying linked accounts and investments.
• Link this account to a Chase Platinum Business Checking account

Chase CD

Chase Bank’s CDs have term options between one month and 10 years. You must deposit at least $1,000, and you can’t add to the balance after you buy the CD. There’s a standard APY for all CD options and balances. However, Chase offers higher CD relationship rates depending on the balance and term length.

You get the best CD rates with a term of six to eight months. CDs are offered in these lengths:

• One month
• Two months
• Three to five months
• Six to eight months
• Nine to 11 months
• 12 to 14 months
• 15 to 17 months
• 18 to 20 months
• 21 to 23 months
• 24 to 29 months
• 30 to 35 months
• 36 to 41 months
• 42 to 47 months
• 48 to 120 months

For Private Client Checking customers, Chase also offers two options for CD ladders. These combine four CDs that have different maturity dates but the same deposit amount.

• One, two, three and four months
• Three, six, nine and 12 months

You’ll pay no monthly account fees, but there’s a penalty if you make an early withdrawal. Depending on your term length and when you opened the CD, this can cost you anywhere from seven days’ to one year’s worth of interest. You must apply for a Chase CD in person if you’re a new customer.

**Data accurate at time of publication.

Editor’s Note: Before making significant financial decisions, consider reviewing your options with someoneyou trust, such as a financial adviser, credit counselor or financial professional, since every person’s situation and needs are different.