Chase Bank is one of the largest financial institutions in the United States, offering a wide range of consumer and business banking products. As part of JPMorgan Chase & Co., it provides deposit accounts, lending products, and investment services through a nationwide branch and ATM network.
This review outlines Chase’s core banking offerings, features, and typical use cases.
APYs
Not disclosed
Up to 4.00%8
8. 0.70% Savings APY Boost Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 3/30/2026. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.Up to 3.85%1
Barclays Tiered Savings Annual Percentage Yields (APYs) are accurate as of 01/13/2025 and may change at any time without prior notice, before or after the account is opened. The APYs are determined by the Balance Tiers (Tiers) and the amount deposited. The same rate may apply to multiple Tiers and Tiers may change without notice. APY is calculated based on the Tier into which the end of day account balance falls. Fees could reduce the earnings on the account. No minimum balance to open, but for interest to post to your account you must maintain a minimum balance that would earn you at least $0.01. Please see the Compare Account Page for current Tier and APY information. The APY for the Barclays Tiered Savings account for balance tiers greater than $250,000 are currently 10X the national average of 0.46% APY, based on the national average of savings account rates published in the FDIC’s National Rates and Rate Caps, accurate as of 09/16/2024.Online access
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Table of Contents
Overview
Chase offers multiple account options, including checking, savings, certificates of deposit (CDs), and money market accounts, as well as credit cards, mortgages, auto loans, and investment services. Customers can access accounts through physical branches, online banking, and a mobile app.
| Category | Products offered |
|---|---|
| Checking | Total Checking, Secure Banking, Premier Plus Checking |
| Savings | Chase Savings |
| CDs | Standard CDs with fixed terms |
| Money market | Limited availability |
Key features
Chase’s banking products are supported by a combination of digital tools and in-person services.
- Extensive branch network: Thousands of branches and ATMs across the U.S.
- Mobile and online banking: Includes bill pay, mobile deposits, and account alerts
- Account integration: Ability to link checking, savings, credit cards, and investments
- Access to Zelle®: Enables peer-to-peer payments directly from checking accounts
- Multiple account tiers: Different checking accounts with varying fee structures and features
- CD options: Fixed-rate CDs with terms ranging from a few months to several years
Pros and cons
Pros
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Large physical presence with nationwide accessibility
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Broad range of financial products in one institution
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Established digital banking platform with robust features
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Integration with lending and investment services
Cons
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Monthly maintenance fees on many accounts (may be waived under certain conditions)
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Savings account rates may be lower than some online banks
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Limited emphasis on standalone money market accounts
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CD rates may vary and are not always the most competitive
Use cases
Many people use Chase accounts for everyday banking needs, particularly those who want a centralized place to manage deposits, payments, and other financial accounts. Checking accounts support direct deposits, bill payments, debit transactions, and peer-to-peer transfers, while savings accounts can be linked for automatic transfers and short-term savings goals.
For longer-term planning, many use CDs to lock in fixed returns over a set period, often as part of a broader savings strategy. Chase may also appeal to those who prefer in-person banking access or want to manage banking, credit cards, loans, and investments within a single institution.
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About our contributors
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Written by Jeff Gitlen, CEPF®Jeff Gitlen, CEPF®, is the director of growth at LendEDU. He graduated from the Alfred Lerner College of Business and Economics at the University of Delaware.
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Edited by Kristen Barrett, MATKristen Barrett is a managing editor at LendEDU. She lives in Cincinnati, Ohio, with her wife and their pack of senior rescue dogs. She has edited and written personal finance content since 2015.