Reviews
Chase Bank review: is it the best choice for you?
Chase Bank is one of the largest banks in the United States. It has a long history and many satisfied customers. But should you start banking with Chase? Let's take a look at what they have to offer.
Advertisement
Chase Bank: offering banking services to Americans for over 200 years.
As one of the country’s largest full-service banks, Chase Bank – JPMorgan Chase & Co.’s consumer banking arm – offers to individuals a wide range of financial services and products such as checking accounts, savings accounts, CD accounts, credit cards, investment services, home equity lines, self-directed trading, business loans, financial advisors and much more..
This broad scope of servicing stems from the company’s history, which is composed of over 1,200 which joined forces to form the now known $3.4-trillion financial institution we know as Chase Bank.
This is a very traditional bank dating back to 1799, and in this article we are going to review some of the key features of the bank. Hopefully, we’ll help you decide if this online banking giant is the best fit for you
Application for the Chase Bank
See our easy step-by-step guide on how to open a Chase Bank account today!
Chase Bank: should you start banking with it?
To aIf you’re looking for a new bank to start banking with, Chase Bank may be a great option. They offer a wide variety of services and products, plus they have numerous branches and ATMs located nationwide. So is Chase Bank right for you? Keep reading to find out more about what they have to offer.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Pros
- Over 4,700 branches and 16,000 ATMs
- You may waive checking account fees
- A number of popular credit cards
Cons
- Savings, checking and CD accounts earn little interest
- You may not qualify to waive account fees
- Out-of-network ATMs charge fees with basic accounts
Credit scores required for the Chase Bank products
You are not required to have an impeccable credit history if all you want is to do is to open a Chase Bank checking account. However, Chase mostly offers credit cards to people with good to excellent scores.
This does not mean applicants with a FICO score of 650 or below don’t get approved. It does happen, and you can try it. Still, we believe through improving your credit score you increase your chances of not only getting service by Chase on your first attempt, but also a premium services offer sooner.
Chase Bank application: how to do it?
Opening an account with Chase Bank is really simple. You can do it online – like most people would at this point. Or you can go old-school style and do it in one of Chase’s 4,700 branches nationwide. If you already have an account but want another one, you can do it over the app.
Chase also offers active and veteran members of the military a Chase Premiere Plus Checking account with $0 fees and no minimum balance requirements.
If you are a saver, the institution offers CD accounts which you can open online or in branches as well. A minimum $1,000 is required to open this kind of account. But if you are coming in with a balance of $1 million or more, you should probably talk to a banker before opening your CD account.
Follow the link below for more details about opening an account at Chase’s!
Application for the Chase Bank
See our easy step-by-step guide on how to open a Chase Bank account today!
About the author / Danilo Pereira
Trending Topics
Bank of America Business Advantage Travel Rewards Card review
Get a full Bank of America Business Advantage Travel Rewards Credit Card review. Enjoy 0% intro APR for 9 months and much more!
Keep ReadingDo credit card rewards make you spend more?
Are you wondering if credit card rewards make you spend more? We'll show how you can avoid it and make the best out of credit cards.
Keep ReadingWestern Union® Netspend® Prepaid Mastercard® review
Manage your finances with ease using the Western Union® Netspend® Prepaid Mastercard® of this review. No credit check required!
Keep ReadingYou may also like
How many mortgages can you have? Real estate investing 101
If you're considering investing in real estate, find out how mortgages work and how many you can have while taking out a loan.
Keep ReadingBankruptcy vs. consumer proposal: which is the best choice?
Unsure if you should file for bankruptcy or consumer proposal? We will help you decide which option is best for your financial future.
Keep ReadingHousing Assistance: find out what are your options
Are you looking for housing assistance? This guide will help you understand your options and how to apply. Keep reading!
Keep Reading