Updated June 18, 2024

How to Open a Chase Bank Account

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Opening an account with Chase Bank is simple. Take a look at what you'll need and check out your account options in our guide.

J.P. Morgan Chase Bank is one of the largest national banking chains in the U.S. It offers multiple types of bank accounts, loans, and other financing.

Keep reading to learn how to open an account.

How to Open a Chase Account?

You can open an account online or in-person at a Chase branch location. You will need your:

  • Primary (e.g., driver's license and state ID) and Secondary ID (e.g., Social Security card)[1]
  • Social Security number
  • Contact information (name, home address, email address, phone number)
  • Money for opening deposit

You'll need to fill out the application and decide what type of account you would like to open. You're also required to make an initial monetary deposit to open a Chase account.

Read on to see all the individual details about each type of account.

Is Chase safe?
Chase Bank is a member of the FDIC(FDIC# 628).[2] Every customer's funds are insured up to $250,000 in the unlikely event that the bank fails.

In addition, Chase has security measures in line with other major banks, including advanced account information encryption and two-factor authentication.

Do you have your social security number memorized?

Types of Accounts

Chase offers several tiers of checking and savings accounts. Each account grants its owner access to all of the bank's physical locations and ATMs as well as Chase's online banking and mobile app.

Chase's checking and savings accounts charge monthly maintenance fees. Depending on the account, it is possible to waive these charges if you maintain a certain minimum balance or make consistent monthly deposits.

Checking Accounts

Chase offers checking accounts, each with access to mobile or in-person check deposit as a debit card.

Checking Monthly Fees

Chase Total Checking®: $12 or $0 with one of the following, each monthly statement period:

  • Electronic deposits made into this account totaling $500 or more, such as payments from payroll providers or government benefit providers, by using (i) the ACH network, (ii) the Real Time Payment or FedNow℠ network, (iii) third party services that facilitate payments to your debit card using the Visa® or Mastercard® network,
  • OR a balance at the beginning of each day of $1,500 or more in this account,
  • OR an average beginning day balance of $5,000 or more in any combination of this account and linked qualifying Chase checking, savings, and other balances.

Chase Premier Plus CheckingSM: Charges $25 per month

Waive that fee by meeting ONE of these conditions:[3]

  • Keep an average beginning day balance of $15,000 across this account and your linked qualifying deposits or investments.

  • Have a linked qualifying Chase first mortgage enrolled in your account's automatic payments.

  • Current members and veterans of the US Armed Forces with qualifying military ID.

Chase Secure BankingSM: Charges $4.95 per month

Avoid the monthly service fee when you have electronic deposits made into the account totaling $250 or more during each monthly statement period.[4]

Chase College CheckingSM: Charges $12 per month

Monthly service fee is waived for college students while in school up to the graduation date provided at account opening (five years maximum) for students 17-24 years old.

The monthly service fee is $12 after the expected graduation date or $0 if you do at least one of the following each statement period[5]

  • Have electronic deposits made into this account totaling $500 or more, such as payments from payroll providers or government benefit providers, by using (i) the ACH network, (ii) the Real Time Payment or FedNow network, or (iii) third party services that facilitate payment to your debit card using the Visa® or Mastercard® network

  • Keep an average ending day balance of $1,500 or more in your checking account.

Chase High School CheckingSM: Charges $0 per month

Eligibility:[6]

  • For students ages 13-17 with their parent/guardian as a co-owner and the account linked to the parent/guardian's personal checking account.

  • Linked accounts exclude: Chase High School CheckingSM, Chase College CheckingSM, Chase Secure CheckingSM and Chase First CheckingSM.

  • Once the student turns 19, the account will convert to Chase Total Checking account

Chase First BankingSM: Charges $0 per month

Eligibility:[7]

  • For children ages 6-17

  • Banking account owned by parent/guardian

  • Parents must be an existing Chase checking customers to open the account

Chase SapphireSM Checking: Charges $25 per month

How to waive that fee:[8]

  • Keep an average beginning day balance of $75,000 across this account and your linked qualifying deposits or investments.

Chase Private Client CheckingSM: Charges $35 per month

Waive that fee when you have any ONE of the following:[9]

  • Maintain an average beginning day balance of $150,000 or more in any combination of this account and linked qualifying deposits and investments.

  • Have a linked Chase Platinum Business CheckingSM account

Savings Accounts

Chase offers two savings accounts with different interest rates. Both charge Chase Savings account fees, which can be waived by meeting certain requirements.

Savings Monthly Fees

Chase SavingsSM: Charges $5 per month

Waive that fee by meeting ONE of these conditions:[10]

  • Be an account owner younger than 18 years of age. (NOTE: Once you turn 18, your account will automatically begin charging you unless you meet one of the requirements below.)

  • Maintain a daily balance of at least $300 in the savings account itself.

  • Schedule an automatic monthly transfer of at least $25 from your Chase checking account.

  • Have a linked Chase Premier Plus CheckingSM, Chase SapphireSM checking account, or Chase Private Client CheckingSM.

  • Have a linked Chase College CheckingSM for Overdraft Protection.

Chase Premier SavingsSM: Charges $25 per month

Waive that fee by meeting ONE of these conditions:[11]

  • Maintain a minimum balance of $15,000 every day.

  • Have a linked Chase Premier Plus CheckingSM or Chase SapphireSM checking account.

Compare Savings Accounts

Bottom line

You can open a Chase checking or savings account with a few basic information and an initial deposit. Each account charges a monthly fee, which can be waived by meeting certain criteria.

References

  1. ^ Chase. Acceptable Forms of Identification, Retrieved 8/22/2023
  2. ^ FDIC. BankFind: JPMorgan Chase Bank, National Association, Retrieved 9/15/2022
  3. ^ Chase. Chase Premier Plus Checking Account Fees, Retrieved 6/19/2024
  4. ^ Chase. Chase Secure Banking Fees, Retrieved 04/04/2024
  5. ^ Chase. Chase College Checking, Retrieved 6/19/2024
  6. ^ Chase. Chase High School Checking Account Fees, Retrieved 12/12/2022
  7. ^ Chase. Chase First Banking, Retrieved 6/19/2024
  8. ^ Chase. Chase Sapphire Checking Account Fees, Retrieved 9/15/2022
  9. ^ Chase. Chase Private Client Checking, Retrieved 6/17/2024
  10. ^ Chase. Chase Savings Account Fees, Retrieved 9/15/2022
  11. ^ Chase. Chase Premier Savings Account Fees, Retrieved 9/15/2022
Chase
Member FDIC

Chase Total Checking® - $300 Bonus

Expires 1/22/2025
  • New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities
  • With over 4,700 branches, Chase has the largest branch network in the U.S. plus access to more than 15,000 ATMs.
  • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
  • JPMorgan Chase Bank, N.A. Member FDIC
  • Open your account online now
  • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
  • Chase Overdraft Assist℠ - no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
Bank of America
Member FDIC

Bank of America Advantage Banking - $300 Bonus Offer

Expires 1/31/2025
  • The $300 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
  • The offer is for new checking customers only.
  • Offer expires 01/31/2025.
  • To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* totaling $2,000 or more into that new eligible account within 90 days of account opening. Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
  • Once all requirements are met, Bank of America will attempt to pay bonus within 60 days.
  • Additional terms and conditions apply. See offer page for more details.
  • *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
  • Bank of America, N.A. Member FDIC.
US Bank
Member FDIC

U.S. Bank Smartly® Checking - Up to $450 Bonus

Expires 12/30/2024
Earn up to $450 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through December 30, 2024. Member FDIC.

Earn up to $450 with a new Bank Smartly Checking account. Complete the following within 90 days of account opening:

  • Enroll in online banking or the U.S. Bank Mobile App
  • Make two or more direct deposits(s) totaling $2,000 to $4,999.99 to earn $250, $5,000 to $7,999.99 to earn $350 or $8,000 or more to earn $450.

Fund your new account within 30 days to start qualifying activities. Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.

Fifth Third Bank
Member FDIC

Personal Checking Account - $300 Bonus

Expires 12/31/2024

Open an eligible Fifth Third checking account. Make direct deposits totaling $2,000 or more within 90 days of account opening to qualify for bonus. The cash bonus will be deposited into your new checking account within 10 business days of completing qualifying activity requirements.

Discover Bank
Member FDIC

Discover® Online Savings - $200 Cash Bonus

Expires 3/13/2025

To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code CY924 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200.

What to know: Offer not valid for existing or prior Discover savings customers, including co-branded, or affinity accounts. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of the account qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 03/13/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding your Account, see FAQs on Discover.com/Bank. See advertiser website for full details.

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Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.

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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

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