The ultimate guide to Chase personal checking accounts [Types & Benefits]

Chase is a solid financial institution – and beyond their portfolio of banking products, they excel at offering a collection of rewards-earning credit cards that rival the competition.

But when it comes to banking, you could probably open a checking account at any bank in your area. However, you should consider Chase because a relationship with Chase can be beneficial in the long run.

Chase's complete financial package supports your ability to manage your finances economically. Plus, you can earn valuable rewards with the company's credit cards and receive cash bonuses for opening new accounts and referring friends.

We're focusing on personal checking accounts here because it's the perfect place to start a relationship with Chase.

In this article we will cover:

• Why you need a personal Chase checking account
• The types of current accounts available
• Special checking accounts for students and military members
• The best Chase personal credit cards
• How to get Chase cash bonuses

Let's start with an overview of Chase personal checking accounts and figure out which ones are right for you.

Benefits of a Chase personal checking account

When choosing a bank to open a personal checking account with, consider the total package and what the relationship can do for you in the future. Choosing Chase can be a smart financial move for many reasons.

Why you should consider building a long-term relationship with Chase:

• Accessibility (more than 4.700 branches and 16,000 ATMs)
• FDIC-insured
• Ability to make mobile deposits
• Online banking
• Additional mobile banking tools and account alerts
• Around-the-clock customer support
• Use Chase QuickPay and Zelle to pay bills or for peer-to-peer payments
• Paperless account statements
• Special account discounts and benefits for military personnel
• Special accounts for students
• Ability to link business and personal accounts
• Higher interest rates and fee waivers for existing customers
• Strong credit card offer with rewards

Bottom line: Chase offers all the convenience, technology and security you'd expect from a solid financial institution. In addition, the company offers an excellent, industry-leading lineup of rewards credit cards.

Types of Chase personal checking accounts

An obvious starting point for building a financial relationship with Chase is to open a Chase checking account.

Depending on your financial situation and preferences, you have several options. If you're a student or member of the military, you'll find special accounts tailored to your needs.

Let's take a look at the checking account options available at Chase.

Chase Total Checking®

Chase's most popular checking account is Chase Total Checking®.

Minimum opening deposit: $0

Monthly service fee: $12

Monthly service fee waiver:

• Have $500 in direct deposits per billing cycle, OR
• Have a balance of 1 at the beginning of each day.$500 or more, OR
• Have an average daily balance of 5 each day.000 $ or more (combined) in linked qualifying accounts

Chase Premier Plus Checking℠

Minimum Deposit to Open: $0

Monthly service fee: $25

Waiver of the monthly service fee:

• Get an average daily starting balance of 15.000 or more in any combination of this account with linked qualified Chase checking, savings and other balances.

Additional benefits over the Chase Total Checking Account:

• Chase Premier Plus Checking℠ earns interest on its balance
• Fee waiver for counter checks, money orders and cashier's checks
• Waiver of the monthly service fee for the linked Chase personal savings account
• Waiver of the monthly service fee for up to 2 additional Chase Premier Plus checking accounts
• Free Chase Design checks

Hot Tip: A Chase Premier Plus Checking℠ account can work well as a family account. For example, it is possible to have a joint account and two individual accounts under one Chase Premier Plus account without incurring a monthly service fee if a certain requirement is met.

Chase Sapphire℠ Checking

Those with large balances in Chase checking, savings and investment accounts can avoid bank and related transaction fees with the Chase Sapphire Checking account.

You can also take advantage of the Chase Sapphire Checking account by simply paying the monthly service fee. Let's see if the benefits of Chase Sapphire Checking outweigh the requirements.

Minimum Deposit to Open: $0

Monthly Service Fee: $25

Waiving the Monthly Service Fee:

• Maintain an average initial balance of $75.000 in combined qualified Chase accounts and investments

Additional advantages over the Chase Premier Plus Checking Account:

• No Chase ATM fees worldwide
• ATM fees charged by the ATM owner are reimbursed
• No charges for insufficient coverage or returned shipments (within certain limits)
• No exchange fees
• No monthly service fees for up to 9 linked Chase accounts
• Free safe deposit box
• Commission-.free online stock and EFT trading

You don't need to have a large financial deposit with Chase to benefit from the Sapphire Checking account.

Even with a $25 monthly service fee, you can realize savings if you frequently use ATMs not operated by Chase, travel internationally or have multiple checking accounts in the family that currently incur monthly fees.

You can open a Chase Sapphire Checking account online or visit a Chase branch; you can also upgrade an existing Chase checking account.

Hot tip: If you're looking to open a Chase Sapphire Checking account, watch for special account opening offers, such as z. B. Additional Ultimate Rewards points!

Chase College Checking℠

Students have special banking requirements. Since they travel a lot, digital banking services and easy access to their money are likely priorities.

Chase College Checking account offers all that plus the elimination of monthly fees and provides the tools students need to better manage their finances.

Let's take a look at the characteristics of a Chase College Checking℠ account.

Minimum opening deposit: $0

Monthly service fee: No monthly service fee for up to 5 years if you are a student age 17-24 when you open the account and provide proof of your student status.

Waiver of the service fee after the closing:

• Have direct deposit on the account, OR
• Maintain an average end-of-day balance of 5.000 $ or more

Benefits of College Checking:

• Chase QuickPay with cell – pay almost anyone at any time
• Online bill pay – manage and pay your bills from your phone or computer
• Chase QuickDeposit – deposit checks with your phone
• No monthly service fee – no monthly service fee for up to 5 years if you are a student age 17-24 when you open the account and provide proof of your student status.
• Cardless access to ATMs through your mobile wallet – you don't need a physical card to withdraw money from an ATM

Since there are no fees while in college, Chase College Checking℠ is an economical way for students to manage their money. After graduation, the monthly fee is waived if the paycheck is direct deposited.

Bottom line: the Chase College Checking℠ account is geared toward tech-savvy students who want to gain banking experience and learn how to manage their money.

Chase High School Checking

Students not quite ready for college can learn how to manage their money with a Chase High School Checking account.

Students ages 14 to 17 may qualify for this special student checking account if their parent/guardian is a joint owner.

Minimum opening deposit: $25

Monthly service fee: $6

Waive the service fee:

• A direct deposit is made to the account each pay period, OR
• The account is linked to a qualified personal checking account held by the parent/guardian, OR
• The account has an average end-of-day balance of 5.000 $ on

Hot Tip: Even non-U.S. students can open a high school or college checking account if they provide proper identification, a residential address (U.S. or foreign), open the account and present their passport.

Chase checking account for military members

The Chase Premier Plus Checking Account with Chase Military Banking benefits offers a customized checking account designed specifically to meet the needs of military members.

Who is eligible?

All active military, reserve or National Guard members and veterans with valid military ID are eligible for the following key benefits:

• No monthly service fee (typically $25)
• Free 3 x 5 security box
• Fee waiver for 4 non-Chase ATM transactions per billing cycle
• No fees for counter checks, money orders, or cashier's checks
• No monthly service fees for up to 2 additional checking accounts
• No monthly service fees for savings accounts
• No monthly service fees for Chase Liquid prepaid cards

Military members who choose to have their paychecks direct deposited will receive these additional benefits:

• Waive fees on all non-Chase ATM transactions
• No Chase fee for transfers (inbound and outbound)
• No exchange fees at international ATMs or when using the debit card for transactions that are not in U.S. dollars

If you're a member of the military, you could potentially save hundreds of dollars a year with Chase Military Banking benefits.

Hot tip: Chase's Survivor Program forgives debt on mortgages, loans, credit cards and more for military members who have died in combat or lost their lives to military service. To learn more about this program, please contact Chase at 877-469-0110.

Chase Private Client Banking

For those special customers who have a total balance of 250.Have $1,000 or more in qualified Chase accounts, there are many benefits.

Chase private clients get access to special Chase products, preferred services and investment advice. Plus, they'll have their account fees waived and receive more elite benefits.

If you'd like to learn more, we've created the ultimate guide to Chase Private Client Banking.

The best Chase credit cards for personal customers

A Chase personal credit card that earns you rewards can be a great addition to your personal Chase checking and savings accounts.

Whether you're looking for a card to earn rewards on everyday purchases or you want to earn rewards while traveling, Chase credit cards let you do it all.

When it's time to redeem your rewards, you'll have plenty of choices to choose from. First, you can also earn rewards with Chase's cash back credit cards that can be redeemed for travel.

Plus, with Chase's premium credit cards, you'll get travel credits, lounge access and other travel benefits when you redeem.

You can also get a great sign-up bonus if you reach a minimum initial spend after the card is approved.

Here are some of the most popular and rewarding Chase credit cards for individuals:

Chase Sapphire Preferred® Card – This is our most popular entry-level travel rewards card, which currently offers an 80.000 point bonus offers after you earn 4 in the first three months of account opening.000 dollars spent on purchases. That is $1.000 when you redeem through Chase Ultimate Rewards®. You'll also receive a credit of up to $50 for grocery store purchases within the first year of account opening.
The card earns 2x points for restaurant visits, including eligible delivery services, take-out and eating out, and travel, and 1 point per dollar spent for all other purchases. With other travel benefits like excellent travel insurance coverage and no foreign transaction fees, this card is a very worthwhile Chase credit card.

Chase Sapphire Reserve® Card – This premium card gives you access to more than 1.300 airport lounges as well as to a number of other card benefits. The current sign up bonus is 60.000 points after you earn 4 within the first 3 months of account opening.000 $ spent on groceries. You'll also get a $300 annual travel credit, which eliminates a big chunk of the $550 annual fee. As an added bonus, through 31.12.21 purchases made at gas stations and & grocery stores also count toward travel credits.
Earn big bucks with this card: 3X points for travel immediately after receiving the $300 travel credit, 3X points for restaurant purchases, including eligible delivery services, takeout and restaurant purchases, then 1 point per $1 for all other purchases

Chase Freedom Unlimited® Card – A fantastic no annual fee card that gives you a $200 bonus after you spend $500 in the first 3 months. Chase Ultimate Rewards gives you 5% cash back on travel purchases, 3% cash back on restaurant and drugstore purchases, and 1.5% cash back on all other purchases, but you won't get travel benefits with this card.

Cash bonus with Chase

Chase bonus for new accounts

We can all use some extra cash, and fortunately Chase often rewards its new customers with cash bonuses! If you open a Chase checking and/or savings account, you can earn several hundred dollars.

The amount varies, but when you're ready to open a Chase account, check to see what bonuses are offered.

Bonuses for student accounts

New student account bonuses may or may not be offered when you are ready to open an account.

When you're ready, check here to see if a bonus is currently being offered on a new checking account for students.

Earn money by referring friends

Already have a checking or savings account with Chase and need a little cash?

Simply refer your friends (and family) – when they open an account with Chase, you'll receive a $50 cash bonus. You can refer up to 10 friends per year for a total of $500 in additional cash into your account.

To get started, copy the unique URL link generated when you visit the "Refer a Friend" page and share it via social media or email.

You can also ask Chase to send your friend a personalized email invitation (but this may take a few days). Your friend must use one of the two links to apply for their account in order for you to receive your bonus.

Heated tip: New customer and referral bonuses are considered interest and are therefore taxable income. At the end of the calendar year you will receive a certificate (1099) from Chase for the amount of the bonus.

Final Thoughts

I'm obviously a Chase fan, but it's a legitimate love affair. I have multiple Chase checking accounts, savings accounts, a car loan, previous mortgages and a large collection of Chase credit cards. I definitely appreciate the long-term relationship I've built with Chase, including my long credit history with Chase.

My preference is also fueled by the thousands of dollars in travel I earn each year with Chase Ultimate Rewards points and credits. The travel benefits of lounge access and the 50% more value I get when redeeming points with my Chase Sapphire Reserve® are an added incentive.

The bottom line, of course, comes down to whether Chase can offer you as much value.

I think you'll find that the total package of what Chase can do, starting with one of their personal checking accounts, is worth considering a relationship with an institution that offers so much.

Chase Private Client and Chase Premier Plus Checking℠ information was gathered independently of Upgraded Points and was not provided or verified by the issuer.