Chase Bank is one of the largest financial institutions in the United States and has a variety of different products and services. They offer checking, savings credit cards, loans, investment and other financial solutions to individuals, families, businesses and their clients.
JPMorgan owns them. It is one of the largest banks in the country. They offer excellent mobile apps and competitive rates. They also have plenty of branches nationwide, which makes them a good choice for consumers who want easy access to their accounts.
Chase Total Checking accounts offer interest-bearing accounts with no service fees and a minimum balance $1500. A $12 fee will be assessed each month for a balance less than $550. You must have a minimum daily balance of $50 in order to avoid this fee. This fee can be avoided if you transfer money from another bank or savings account into your Chase Total Checking account.
The Chase Mobile App is a great way to access your account and make payments. You can set up direct deposits, recurring payments and use your Chase debit card at any Chase ATM. It also has a feedback feature that lets you share your experience.
Chase also has a website. Although the website is not as user-friendly and intuitive as other competitors, it does contain basic information about all of the products. The website lists all types of checking and savings accounts as well as the annual percentage yields (APYs) and the maximum interest you can earn.
One of Chase's most unique features is the ability to access your account from anywhere. You can access and make payments using your card from any mobile device or tablet.
Chase's online portal is easy to use and a great place for new customers. However, there are no free out-of-network ATMs, and it is possible to pay more than your monthly allowance through other local services.
Chase has also been subject to consumer-related scandals. However, Chase has a solid reputation for providing private client services. They are also regulated via the Financial Services Compensation Scheme. This protects deposits upto PS85,000 and provides coverage for any losses. However, these are unlikely not to be covered.
Chase offers a variety of unique features, even though they are not the best bank. These include their ability to help you earn cash-back rewards for using your credit card. This is especially important if your frequent travels abroad are frequent. Chase Mobile App is also a useful tool to make payments and deposit checks via your phone or tablet.
Chase's customer services are surprisingly good. Although they do not have the best customer reviews they are open to listening to and responding to your concerns. They will also quickly address small problems.