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As one of the largest American banks, Chase Bank likely has a local branch near you. If so, you can qualify to open a checking account. The best Chase checking accounts can simplify your personal and business banking. It’s also possible to earn one-time cash bonuses when you open a new account. If you also happen to own one of the best Chase credit cards, you might be able to enjoy other loyalty bonuses.

chase checking
Get unlimited free ATM withdrawals worldwide with a Chase Sapphire Checking account.
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Best Chase Checking Accounts

There are currently three different personal checking options from Chase Bank. Each account offers various perks (i.e., good, better, and best) with the best account being for the most loyal Chase customers.

Complimentary benefits that each account offers include:

  • Free local branch access (5,000 nationwide locations)
  • Chase online banking and online bill pay
  • Chase mobile banking
  • Fee-free withdrawals at 16,000 ATMs
  • Instant money transfers to non-Chase bank accounts using Chase QuickPay (Zelle)

To open a checking account, you will need to apply in-person. It’s also possible to open an account online, but only if Chase offers local banking services to your zip code.

Chase Total Checking

Chase Total Checking is the entry-level product. It’s probably the best overall checking account for personal banking because it’s easy to waive the monthly fee.

You will need to pay non-Chase ATM fees, money orders, and anything other than essential Chase banking services. If you need local bank access for deposits and withdrawals, this is a good option. Both the online and mobile Chase Bank platforms are free to use.

You can waive the $12 monthly account fee by meeting one of these conditions:

  • Direct deposits of at least $500 per month
  • Minimum $1,500 balance at the beginning of the day
  • Average $5,000 daily balance between all linked checking and savings accounts

Having a Chase Total Checking accounts doesn’t automatically waive the monthly fee for your linked Chase Savings account.

Up to $350 Cash Bonus

New Chase bank customers can earn up to $350 bonus cash for a limited-time.

Here’s how to earn the full bonus:

  • Get $200 when you open a Chase Total Checking account and set up direct deposit
  • Get $150 when you open a Chase Savings account and maintain a $10,000 minimum balance for 90 days

By meeting both bonus offer conditions, you earn $350 bonus cash.

Heads up! Unlike credit card rewards, these banking signup bonuses are usually considered taxable income.

Chase Premier Plus Checking

The Chase Premier Plus is the mid-tier checking account. It’s a good option if you use paper checks or make periodic non-Chase ATMs and currently pay a surcharge.

Premier Plus benefits include:

  • Up to 4 non-Chase ATM monthly reimbursements
  • Fees waived for money orders, cashier’s checks, and counter checks
  • Monthly service fee is waived for linked Chase savings accounts
  • Free Chase design paper checks

The monthly fee is $25 per month. It’s waivable when you maintain an average daily balance of at least $15,000 between your various Chase banking accounts. Linking your Chase first mortgage with automatic payments from this Premier Plus account also waives the monthly fee.

Chase Sapphire Checking

The most loyal Chase customers get the best checking account with Chase Sapphire℠ Checking.

Exclusive benefits of the Chase Sapphire Checking include:

  • Fee-free ATMs worldwide
  • Higher ATM and purchases limits with Sapphire Banking Debit Card
  • Four free overdrafts every 12 months
  • No foreign exchange rate adjustment on debit card transactions or withdrawals
  • $0 monthly fee for linked Chase Total Business Checking® account
  • Free investing with You Invest℠ by J.P. Morgan

You don’t need to own a Chase Sapphire Reserve or Chase Sapphire Preferred to open a Sapphire Checking account. However, you will need to maintain a $75,000 average daily account balance between your Chase banking accounts to waive the $25 monthly account fee.

Chase College Checking

Chase College Checking℠ is Chase’s only college student checking account. This account is open to college students between ages 17 and 24.

It’s possible not to pay a monthly account fee for up to 5 years. You will either need to enroll in direct deposit or maintain an average ending daily balance of $5,000 or higher.

This no-frills checking account offers free Chase local branch and ATM access. You can also use Zelle to send money to non-Chase bank accounts for free using Zelle.

Learn more: Best credit cards for college students

Best Chase Business Checking Accounts

There are also three Chase business checking options. For example, you may choose to open one of these accounts if you’re a freelancer or new LLC (side note, check out some of the best credit cards for LLC). One of these business accounts can also be a good option if you have a Chase small business credit card.

If you’re a newcomer to business checking accounts, you will notice that you’re more likely to pay fees for various transactions. The best account may depend on how many customer transactions you have.

Learn more: Best Chase business credit cards

Chase Total Business Checking

The Chase Total Business Checking® is an entry-level business account providing the following complimentary benefits:

  • 100 free transactions per month
  • Up to $5,000 cash deposit per statement cycle without an additional fee
  • Unlimited electronic deposits
  • Access to 16,000 ATMs and nearly 4,900 Chase branches

The monthly account fee is $15 ($12 with paperless statements). You can waive the fee by keeping a minimum $1,500 daily account balance or by linking a Chase Private Client or Sapphire Banking account.

Limited time offer: Get $200 bonus cash when you open a Total Business Checking account by 04/16/2020 and complete qualifying activities.

Performance Business Checking

The mid-tier Chase Performance Business Checking  perks include:

  • 250 free monthly transactions
  • Unlimited free electronic deposits
  • $20,000 monthly cash deposit
  • Free incoming wires and two outgoing wires per month
  • Monthly service fee is waived on a linked personal Chase Premier Plus checking account
  • No additional charge for Positive Pay and Reverse Positive Pay Protection

The $30 monthly service fee is waived by maintaining at a combined $35,000 minimum daily balance in qualifying business accounts.

Platinum Business Checking

Chase Platinum Business Checking is the most deluxe Chase business checking account option.

Benefits include:

  • 500 free monthly transactions
  • Unlimited electronic deposits
  • $25,000 monthly cash deposits
  • All incoming wires are free plus four most expensive outgoing wires per month are free
  • Free Positive Pay and Reverse Positive Pay Protection
  • Reduced balance requirements for Chase Private Clients
  • Monthly fee waived for a linked Chase Business Premier Savings account

The ongoing monthly fee is $95. However, you can waive it with a $100,000 average daily balance in your qualifying business deposit and business investment accounts.

Summary of Chase Checking

If you live near a Chase branch, these checking accounts can be a good option if you can waive the monthly account fees. Chase’s personal and business checking accounts are some of the best for the brick-and-mortar banks. Owning a Chase bank account can also be a good complement to your existing Chase credit cards.


How do I avoid fees on my Chase checking account?

The best way to avoid fees on any checking account is to maintain the minimum daily balance requirements for that specific checking account. Or, you can maintain a combined daily balance between your linked Chase accounts. Some accounts may also waive the fee with qualifying direct deposits.

The entry-level personal Chase Total Checking account can be the easiest to avoid fees on. For example, you can have either $500+ in monthly direct deposits or have a $1,500+ starting daily account balance. A third way of waiving the fee is maintaining an average daily balance of at least $5,000 in qualifying Chase accounts.

As each account has different fee waiver options, read your account’s specific terms and conditions.

Can I have two Chase checking accounts?

Yes. You can have multiple checking accounts. These accounts can either be all personal, all business, or a combination of personal and business checking accounts. The accounts can either be joint or individual accounts.

If you choose a mid-tier or upper-tier account (like the Premier Plus or Sapphire Banking personal checking accounts), your first multiple accounts may also be free.

Does Chase charge for a checking account?

All personal and business Chase checking accounts have a monthly fee. But, it’s also possible to waive the annual fee by meeting certain minimum balance or direct deposit requirements. Chase may also waive the monthly fee on your linked savings accounts if you have a checking account.

Below are the current monthly service fees for the Chase personal checking accounts:

  • Total Checking: $12
  • Premier Plus Checking: $25
  • Sapphire Checking: $25

It’s possible to waive these monthly fees.

The Chase business checking accounts have the following fees:

Like the personal checking accounts, it’s possible to waive the monthly fees for each business checking option.

Josh Patoka

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