Chase bank review is essential reading for anyone considering America’s largest bank. JPMorgan Chase Bank, N.A. holds FDIC Certificate #628. It is the biggest U.S. bank by total assets, exceeding $4.5 trillion. Chase traces its roots back to 1799. Today, it operates over 4,700 branches across 48 states and Washington, D.C. It also maintains roughly 15,000 ATMs nationwide. In this chase bank review, we cover checking accounts, savings options, fees, bonuses, and mobile banking features. Whether you need everyday banking or premium wealth management, Chase offers something for nearly everyone. However, low savings rates may disappoint some customers.
Chase Bank: Account Types and Features
This chase bank review starts with Chase’s four checking accounts. Chase Total Checking is the most popular option. It charges $12 per month but offers several fee waivers. Chase Secure Banking costs just $4.95 monthly. It has no overdraft fees at all. For wealthier customers, Chase Sapphire Checking costs $25 per month. Chase Private Client Checking costs $35 monthly but includes premium perks. In most cases, you can waive monthly fees by meeting balance or deposit requirements.
Chase also offers savings accounts and CDs. However, their standard savings rates are far below online competitors. Chase Savings earns just 0.01% APY. Chase Premier Savings earns 0.02% APY. Standard CD rates start at 0.01% APY as well. Relationship customers with $100,000 or more can access better CD rates. For example, relationship 3-month CDs may earn up to 4.00% APY. Here is a breakdown of Chase’s main accounts:
| Account | APY | Monthly Fee | Fee Waiver Requirement |
|---|---|---|---|
| Chase Total Checking | N/A | $12 | $500+ direct deposit or $1,500+ balance |
| Chase Secure Banking | N/A | $4.95 | $250+ electronic deposits monthly |
| Chase Sapphire Checking | N/A | $25 | $75,000+ average balance |
| Chase Private Client | N/A | $35 | $150,000+ across linked accounts |
| Chase Savings | 0.01% | $5 | $300+ daily balance or linked checking |
| Chase Premier Savings | 0.02% | $25 | $15,000+ daily balance |
| CDs (Standard) | 0.01% | N/A | N/A |
| CDs (Relationship, 3-mo) | Up to 4.00% | N/A | Chase checking + $100K deposit |
Chase Bank Review: Fees and Costs
Fees are a key part of any chase bank review. Chase charges $34 per overdraft transaction. However, overdrafts are only charged when your account is overdrawn by more than $50. Transactions of $5 or less are exempt. Chase caps overdraft fees at three per day, or $102 maximum. As a result, Chase Secure Banking customers avoid overdraft fees entirely. Chase also eliminated returned item (NSF) fees completely.
ATM fees deserve attention in this chase bank review. Using an out-of-network ATM costs $3.50 per transaction. The ATM operator may charge an additional fee on top. However, Chase Private Client members pay no ATM fees worldwide. For wire transfers, domestic outgoing wires cost $25 online or $35 in-branch. Incoming domestic wires cost $15. International outgoing wires in USD cost $40. Foreign transaction fees on debit cards run about 3% for Total Checking. Sapphire Checking and Private Client accounts have no foreign transaction fees.
Chase Bank Sign-Up Bonuses and Promotions
Sign-up bonuses are a major highlight of this chase bank review. Chase consistently offers some of the best bank bonuses in the industry. Currently, Chase Total Checking offers a $400 bonus. You must open a new account and set up $1,000 or more in qualifying direct deposits within 90 days. Chase Secure Banking offers a $125 bonus for new customers. It requires qualifying transactions within 60 days.
Chase Savings has a $200 bonus available. You need to deposit $15,000 and maintain that balance for 90 days. Typically, Chase runs a combined checking and savings offer worth up to $900. Chase Private Client bonuses can reach $3,000. That requires transferring $150,000 or more in qualifying assets. For example, existing customers can earn $50 per referral through the Chase referral program. You can refer up to 10 people annually for $500 total.
Chase Bank Mobile App and Online Banking
No chase bank review is complete without covering the mobile app. The Chase Mobile app earns a 4.8 rating on the Apple App Store. It holds a 4.7 rating on Google Play. These are among the highest ratings for any banking app. The app supports mobile check deposit and bill pay. It also includes budgeting tools and a free credit score.
Zelle is fully integrated into the Chase app. You can send and receive money instantly at no cost. Chase Online Banking provides account management, statements, and alerts. Customer service is available 24/7 by phone. You can also visit any of Chase’s 4,700 branches for in-person help. In most cases, the app handles everyday banking tasks quickly and reliably.
Pros and Cons of Chase Bank
Pros:
- Largest branch network in the U.S. with 4,700+ locations across 48 states
- Generous sign-up bonuses up to $900 for checking and savings combined
- Highly rated mobile app with 4.8 stars on iOS and Zelle integration
- Chase Private Client offers premium perks including no ATM fees worldwide
- No returned item fees on any account
Cons:
- Savings APY of just 0.01% is far below the 4%+ offered by online banks
- Monthly checking fees of $12 unless you meet waiver requirements
- Out-of-network ATM fee of $3.50 per transaction adds up quickly
- Standard CD rates of 0.01% are essentially zero without a relationship tier
Who Is Chase Bank Best For?
This chase bank review concludes with a clear verdict. Chase is best for customers who value convenience and a large branch network. If you travel frequently or move between states, Chase’s nationwide presence is hard to beat. It is also ideal for bonus seekers. Chase offers some of the highest sign-up bonuses available from any major bank.
However, this chase bank review must note a key drawback. Chase is not ideal for savers chasing high APY rates. Online banks routinely offer 4% or more on savings. Chase pays just 0.01%. As a result, keeping large savings balances at Chase means leaving money on the table. Typically, the best strategy is pairing a Chase checking account with a high-yield savings account elsewhere.
Chase Private Client is best for high-net-worth individuals. It offers dedicated bankers, no wire fees, and mortgage rate discounts. For everyday banking with strong bonus opportunities and top-tier digital tools, Chase remains a solid choice. This chase bank review gives it a strong recommendation for convenience-focused customers who can meet fee waiver thresholds.
Frequently Asked Questions
Is Chase Bank FDIC insured?
Yes, Chase Bank is fully FDIC insured under Certificate #628. Your deposits are protected up to $250,000 per depositor. As a result, your money is safe at Chase.
How much does Chase Bank charge per month?
Chase Total Checking costs $12 per month. However, you can waive this fee with $500 in direct deposits. Chase Secure Banking is just $4.95 monthly with no overdraft risk.
Is Chase Bank good for savings?
Chase Savings earns only 0.01% APY. Typically, online banks offer much higher rates. However, Chase is convenient if you already have a Chase checking account and want everything in one place.
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Official Sources & Resources
For verified information on banking regulations and consumer protection:
- FDIC (Federal Deposit Insurance Corporation): fdic.gov
- CFPB (Consumer Financial Protection Bureau): consumerfinance.gov
- Federal Reserve: federalreserve.gov
- NCUA (National Credit Union Administration): ncua.gov
- SEC (Securities and Exchange Commission): sec.gov
Content last reviewed April 2026. If you notice any outdated information, please contact us.