Chase Bank has sparked joy among its customers with a novelty that many desired: it is now possible to have a checking account without fees if you meet a simple requirement. This measure aims to ease the financial life of its users and attract new customers who value transparency and savings.
Chase Bank's Decision That Charms Its Customers: Totally Free
The entity has announced that its most popular checking account, Chase Total Checking®, can be free if certain conditions are met. This represents a relief for those looking to avoid monthly fees and enjoy more accessible banking.
Normally, the Chase Total Checking® account has a $12 monthly service fee. However, this fee is waived if at least one of the following conditions is met each month. By meeting any of these requirements, customers can enjoy their account without worrying about monthly fees:
- Receive electronic deposits totaling $500 or more.
- Keep a minimum daily balance of $1,500 in the account.
- Have an average daily balance of $5,000 or more in qualifying linked accounts.
Conditions to Meet to Pay Nothing
In addition to the mentioned options, Chase offers other accounts with similar benefits. For example, the Chase Secure Banking℠ has a $4.95 monthly fee, but this is waived if electronic deposits totaling $250 or more are received each month.
It is important to highlight that even if these requirements are not met, Chase accounts offer multiple facilities to minimize other fees. For example, using Chase network ATMs at no additional cost.
What Other Perks Does Chase Bank Have for Its Customers?
Chase Bank not only focuses on eliminating fees but also offers a series of additional benefits. Accounts like Chase Secure Banking℠ do not charge overdraft fees, helping customers avoid unexpected expenses.
More than 15,000 ATMs and 4,700 branches are available for customers, facilitating access to their money. The Chase Mobile® app allows managing accounts, paying bills, depositing checks, and transferring money easily.
With zero liability protection, customers are covered in case of unauthorized charges on their debit cards. Chase Bank is revolutionizing the banking experience by offering checking accounts without fees under accessible conditions, along with a variety of facilities and benefits that prove its commitment to customer satisfaction.