About Chase Bank (2024)

FAQs

What is Chase Bank known for? ›

Our company is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. Our rich history spans over 200 years. We are a leader in investment banking, financial services for consumers and small business, commercial banking, financial transactions processing and asset management.

In our Chase Bank review, we evaluate its checking, savings and certificate of deposit options, as well as customer ratings. Key Takeaways: We give Chase 4.0 out of 5 stars overall because it offers a diverse selection of bank accounts, a positive customer experience and convenient branch access.

Chase offers free and convenient app-based banking for customers who don't require an overdraft or the facility to pay in cash or cheques. The fact that Chase doesn't charge fees for using your debit card abroad, offers a promotional cashback rate, and includes budgeting tools are major draws.

Though it has a large branch network, it offers all the tools you need to bank online if you prefer. Its interest rates fall far short of what you can find with online banks, but loyal Chase customers who keep a lot of money in the bank can earn slightly better rates as well as discounted fees and other perks.

Chase maintains a strong digital footprint with its popular mobile app and online banking platform. Yet, it still offers an extensive local presence for individuals who prefer in-person banking services. If you can avoid the monthly fees, Chase is a solid option for your personal banking needs.

JPMorgan Chase Bank had assets of $3.39 trillion as of Dec. 31, 2023, making it the country's largest bank by assets. On May 1, 2023, Chase bought First Republic Bank, which had been seized by federal regulators. Chase has over 4,700 bank branches and 16,000 ATMs.

Chase offers a wider variety of accounts, though it is lacking in IRA options. Chase's website and mobile interfaces are both easily navigable and full of convenient features. Bank of America has about 3,900 branches compared to Chase's 4,800 branches.

What is the No. 1 bank in America? J.P. Morgan Chase is the number one bank in America in terms of total assets held, according to the Federal Reserve.

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with $2.6 trillion in assets and operations worldwide. Si tienes alguna pregunta, por favor llama o visita una sucursal local de Chase.

What are the pros and cons of Chase Bank? ›

And its website experience can compete with that of online-only banks. Chase ranked well in the 2023 J.D. Power U.S. Retail Banking Satisfaction Study. Chase has a good basic checking account but its savings rates are low, and some fees are high and hard to avoid.

There is no minimum balance required to have a Chase checking account, but keeping a certain balance is one way to avoid a monthly fee on some accounts — for example, the $12 monthly fee for Chase Total Checking® is waived if you maintain a $1,500 balance at the beginning of each day.

A few disadvantages of Chase Bank are low interest rates and APYs, monthly service fees, and wire transfer fees on some accounts.

Once approved, you have 90 days to set up a direct deposit directly to the new checking account. With the direct deposit confirmed, Chase promises to deposit your free $200 within 15 days automatically. It's that simple. The Chase Total Checking account does have a few requirements to avoid a $12 monthly fee.

Key Bank's Key Select Checking account offers a generous $200 bonus with a low minimum opening deposit of $10. It also made the list because the requirement for the bonus are reasonable, with only $500 needed in direct deposits within 60 days of opening the account.

J.P. Morgan Chase is the number one bank in America in terms of total assets held, according to the Federal Reserve.

Our Culture. We believe that diversity among our employees enables us to be the world-class company we are today. We strive to foster a culture of respect, and are committed to making our workforce, workplace and marketplace diverse, inclusive and accessible for all our employees.

JPMorgan Chase & Co. is one of the world's oldest, largest and best-known financial institutions. The firm is built on the foundation of more than 1,200 predecessor institutions that have come together through the years to form today's company.