Review: Fees, Rates and Perks of Chase Checking Accounts

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With a Chase checking account, you can store and track your money, conveniently spend it and even earn interest while you bank, depending on the type of account you open. All Chase checking accounts can be accessed through 15,500 Chase ATMs and 5,300 branches nationwide, online and mobile banking, bill pay and a debit card. But because one checking account doesn’t fit all, Chase offers customers various accounts with different features and benefits to fit individuals’ needs.

Whether you’re a student opening an account to get your finances going or an established business person wanting to put your money to work, Chase has accounts to fit every financial goal. Below is a breakdown of the features and benefits available with the four different checking accounts available through Chase.

Chase Total Checking

Total Checking is Chase’s most popular checking account. It offers a simple banking solution with low fees, a debit card, online banking and bill pay, 24-hour customer service, account alerts and more. To open an account, you need to meet the $25 minimum deposit requirement.

There is a $12 monthly service fee, but you can get this fee waived if you do at least one of the following:

  • Have direct deposits totaling $500 or more made to the account
  • Meet a minimum daily balance of $1,500
  • Maintain an average daily balance of $5,000 or more in qualifying linked deposits or investments

Related Video: How to Use Chase Quick Deposit

Chase High School Checking

Just because you’re in high school, that doesn’t mean you’re too young to start learning about finances. One way to learn is to open a Chase High School Checking account.

Similar to the Chase Total Checking account, this product offers online banking, online bill pay and a debit card, and it also requires a $25 minimum deposit to open. To waive the account’s $6 monthly service fee, you must have at least one of the following:

  • A qualifying linked personal parent or guardian checking account
  • A direct deposit made to the High School Checking account
  • A $5,000 monthly average daily balance

The High School Checking account is for 13- to 17-year-old students, and it requires a parent or guardian who has a linked Chase checking account to sign up as the co-owner. When you turn 19, the Chase High School Checking account becomes a Chase Total Checking account.

Related: Why Your Kid Needs a Checking Account

Chase College Checking

College students on the go can benefit from Chase’s College Checking account. It allows you to perform much of your banking needs on your mobile device or computer. You can also receive account alerts that can help you monitor your money, track your spending and avoid overdraft fees.

The Chase College Checking account requires the same $25 minimum opening deposit as a High School Checking account, but you must be a college student between 17 and 24 years old to qualify. You can avoid the $6 monthly service fee if you have at least one of the following:

  • Enrollment in college for up to five years
  • A direct deposit made to this account
  • A $5,000 monthly average daily balance

Chase Premier Plus Checking

A savings account isn’t the only banking product that can help your money grow — an interest-bearing checking account can accomplish the same goal. With a Chase Premier Plus Checking account, you can earn interest on your balance. Additional features that can give you greater flexibility and even lower fees include:

  • No Chase fee on four non-Chase ATM transactions each statement period
  • No fee for Chase design checks
  • No fee for money orders, cashier’s checks and counter checks
  • No monthly service fee on any linked Chase savings account and Chase Liquid Card
  • No monthly service fee on two additional linked Chase Premier Plus Checking accounts

When you sign up for a Chase Premier Plus Checking account, you’ll need to deposit a minimum of $25. The monthly fee is $25 as well, but you can get it waived if you do one of the following:

  • Maintain an average daily balance of $15,000 or more in qualifying linked deposits or investments
  • Schedule automatic payments to your qualifying linked Chase first mortgage from your Chase account

Chase Premier Platinum Checking

The Chase Premier Platinum Checking also provides customers with the same additional features as the Chase Premier Plus Checking account — but more. For example, this account doesn’t charge fees for personal style checks when ordered through Chase, and you can avoid all Chase fees at non-Chase ATMs.

In addition to earning interest, other account features include:

  • No fee for overdraft protection transfer
  • No fee for incoming wire transfers
  • No stop payment fee
  • No monthly service fee on up to nine additional linked Chase Premier Checking accounts

To open a Chase Premier Platinum Checking account, you’ll need to deposit a minimum of $100. The monthly fee is $25. But if you maintain an average daily balance of $75,000 or more in qualifying linked deposits or investments, you’ll have no monthly fee.

Read: 4 Tips to Cut Your Monthly Bank Fees

Switch to a Chase Checking Account Today

Banking with Chase is the smart move no matter what your financial goals are. Whether you’re saving for your first home, working to pay off your student loans, opening a business or just building your nest egg, Chase’s checking accounts can help you along the way.

Disclaimer: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.

Photo credit: Daryl Lang / Shutterstock.com

Editorial Note: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.