How To Open a Chase Bank Account

Sue Hwang / GOBankingRates

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.

20 Years
Helping You Live Richer

Reviewed
by Experts

Trusted by
Millions of Readers

Chase is the commercial banking division of JPMorgan Chase & Co. According to its website, the bank provides personal banking services, credit cards, mortgages and other financial services to millions of customers.

If you’re interested in Chase banking services, here is a guide to help you open a Chase account.

Step-by-Step Guide: How To Open a Chase Account

It’s easy to open a Chase account online or in person. However, when you decide to open your account, you’ll need to have identification and basic information ready before moving forward. 

Documents Required To Open an Account

Here’s what you’ll need to open your account:

• Social Security number
• Driver’s license or state-issued ID
• Contact information, including your name, address, email address and phone number.

Note: If you are opening a joint account, both you and the co-account holder need to provide this information.

Online Account Opening Process

To open your account online, you will need to do the following: 

1. Gather your identification and any other information required to open the account. 
2. Visit the Chase website to decide which account you want to open. 
3. On the selected account’s page, click the “Open Account” button to apply.
4. To complete the application, provide personal, contact and employment information as prompted.
5. Lastly, fund the account. While there’s no minimum opening deposit required, it’s best to have funds in your account right away.

In-Branch Account Opening Process

If you don’t want to open an account online, you can always visit the nearest Chase branch to open a checking account and do your banking in person. You’ll need to provide the same information and identification outlined in the steps listed above.

If you want to open a joint account, applying in person is the only option. You and the co-account holder must schedule a meeting to talk to a Chase banker.

Understanding Chase Bank Account Options

You have several account options to choose from at Chase Bank. Here are the choices for checking, savings, CDs and business accounts. 

Personal Checking Accounts

• Chase Total Checking: Chase’s most popular account is Chase Total Checking. There is no minimum deposit required. There is a monthly service fee of $12 for this account. However, Chase waives the monthly service fee if you meet requirements for direct deposit, minimum daily balance and/or beginning day balance.
• Chase Secure Banking: There is a fixed monthly fee of $4.95, which Chase waives if you make at least $250 worth of electronic deposits into the account each statement period.
• Chase Premier Checking: This interest-bearing account offers priority service to customers who get access to all Chase Total Checking benefits. Account holders also get free checks and fees waived at non-Chase ATM transactions up to four times per statement period. Premier Plus account holders get other perks, like a Chase First Banking account for children and no fees for paper checks with this type of account. Chase allows you to have up to two Chase Personal Plus Checking accounts, and your Chase savings account is fee-free when you link it to Premier Plus Checking. You can waive the $25 monthly fee by meeting certain requirements.
• Chase Student Checking. Chase offers three different accounts to meet students’ needs:
  • Chase First Banking℠: Best for ages six to 12, but it is available to children ages six to 17.
  • Chase High School Checking℠: Available to students ages 13 to 17.
  • Chase College Checking℠: Available to students ages 17 to 24. To open a Chase First Banking account, the child’s parent or guardian must have a qualifying Chase checking account. There is no monthly fee for this student checking account up to the student’s graduation date at account opening; otherwise, there is a $12 monthly service fee. It comes with a debit card. 

Savings Accounts

• Chase Savings: This account requires no minimum deposit and pays minimal interest. There is a monthly service fee of $5 that can be waived. The fee is waivable if there is a $300 daily balance, the account owner is under 18, and there is $25 or more in total in autosave or other automatic transfers from your personal Chase checking or a linked Chase college account.   
• Chase Premier Savings: This account requires a $25 minimum deposit. There is a $25 monthly service fee that is waivable. The Chase Premier Savings account may earn a higher interest rate if it has a linked account. it. 

CDs

Chase offers CDs for a minimum deposit of $1,000. The CD terms range from two months to 12 months. APYs are higher if there is an existing account relationship. 

Business Accounts 

Chase has three business accounts:

• Chase Business Complete Banking: The monthly fee is $15, but is waivable. Up to 100 transactions are allowed, and $5,000 in cash deposits per month are permitted for free on the account. 
• Chase Performance Business Banking: The monthly fee is $30, but it is waivable. Up to 250 transactions are allowed on the account, and $20,000 in cash deposits per month is permitted on the account for free. 
• Chase Platinum Business Checking: Monthly fee is $95, but is waivable. Up to 500 transactions are allowed on the account, and $25,000 in cash deposits per month is permitted on the account for free. 

Chase Account Fees and Minimum Balance Requirements

Chase has monthly maintenance fees on their accounts, but they are waivable. 

One of the ways to avoid service fees on some accounts is to maintain a minimum balance. 

Here are the requirements to avoid fees for these accounts:

• Chase Total Checking: $500 in electronic deposits each statement period or $1,500 beginning daily balance or $5,000 combined balance in this account and linked qualifying deposits or investments.
• Chase Secure Banking: $250 in electronic deposits each statement period.
• Chase Premier Plus Checking: Average beginning daily balance of at least $15,000 in any combination of this account and linked qualifying deposit or investment accounts, or a Chase first mortgage enrolled in auto payments from the account, or account ownership by a military servicemember or veteran with military ID.
• Chase College Checking: $500 in electronic deposits per statement period or average ending day balance of at least $5,000 in this account.

Chase Minimum Deposit Requirements

Chase doesn’t require minimum deposits for its checking. Chase does require a $25 minimum deposit for its Chase Premier Savings. 

Overdraft Fees and Other Costs

Chase charges $34 per transaction that overdraws your available account balance by more than $50, up to a maximum of three fees per day per account. Chase also charges monthly maintenance fees, but those are waivable. Chase charges for cashier’s checks, money orders and wire transfers. However, depending on your relationship with the bank, these fees could be waived. 

How To Fund Your New Chase Bank Account

There are several ways to fund a Chase Bank Account. Check out these three ways: 

• Transfer from another bank: You can do an external transfer from another bank account to fund your new Chase savings and checking account. 
• Deposit via check or cash: If you have a check, you can endorse it by putting your new Chase account number on the check with your signature. Cash is also a way to fund your account. Cash deposits will have to be done in person if you want to open a new account. 
• Set up direct deposit: Chase will accept a direct deposit to fund your new checking or savings account. 

Benefits of Opening a Chase Bank Account

Chase offers a wide variety of accounts. You can select from eight checking account options, two savings account options, CDs and business accounts. 

Chase has an online banking platform and a mobile app, so you can access your account 24/7. The app is rated 4.8 out of 5 stars on the Apple Store and 4.3 out of 5 stars on Google Play. 

Chase has over 15,000 ATMs across the United States. 

Tips for Getting the Most Out of Your Chase Account

You should make the most out of your banking experience at Chase: 

Use Chase Bank Rewards Programs

Chase offers credit cards that earn points for travel, cash back, gift cards or shopping. 

Online Tools and Resources

With Chase, you can manage your accounts, make transfers and check balances from the convenience of your home with your computer or app. 

Set Up Automatic Savings

At Chase Bank, you can schedule automatic transfers to your savings account or automatically direct a portion of your paycheck to your savings or checking account. 

More About Chase Bank 

• Chase Bank Review
• Chase Bank CD Rates
• Chase Bank Savings Account Interest Rates
• Chase Bank Hours
• Chase Bank Routing Numbers

Rudri Patel and Daria Uhlig contributed to the reporting for this article.

Information is accurate as of March 26, 2025.

The information related to the Chase accounts above was collected by GOBankingRates and has not been reviewed or provided by the issuer of these products. Product details may vary. Please see the issuer’s website for current information. GOBankingRates does not receive commission for these products.

Chase Total Checking has a monthly fee of $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 FedNowSM 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.

*With Chase Overdraft Assist^SM, Chase won’t charge an insufficient funds fee 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 you bring your account balance to overdrawn by $50 or less at the end of the next business day (you have until 11 p.m. ET, or 8 p.m. PT, to make a deposit or transfer). Chase Overdraft Assist does not require enrollment and comes with eligible Chase checking accounts.

J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.

INVESTMENT AND INSURANCE PRODUCTS: • NOT A DEPOSIT • NOT FDIC INSURED • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY • NO BANK GUARANTEE • MAY LOSE VALUE

This article has been updated with additional reporting since its original publication.

Share This Article: