Last Updated on July 1, 2024 by admin
You will find this article useful if you are looking for how to open a Chase checking account. You also learn what to consider before opening a checking account and What you need to open a chase checking account
The chase checking account is a deposit account or transaction account which allows customers to deposit and withdraw money quickly. This types of accounts are very liquid and can be accessed using checks, automated teller machines (ATMs), and electronic debits, among other methods.
Account holders can deposit and withdraw money, write checks, pay bills and make purchases with a debit card. When you’re ready, opening a checking account can be relatively easy if you’re prepared with the right information and documentation.
Read: Chase ATM Cardless: How to withdraw money from ATM without your debit card
How to open chase checking account
You can sign up online or visit a local branch. You’ll need to provide personal information, such as your name, address and birthday, plus your social security number.
If you are a U.S. citizen or non-U.S. citizen residing in the United.States., here’s a list of a few documents you may need to open your account. However, check with your financial institution to determine what documents you will need.
STEP 1 Valid: identification card. such as
1. Government issued photo ID or driver’s license
2. Social security card or individual taxpayer identification card
3. Birth certificate
4.Passport
Step2: Current and valid: Proof of address location
You must show your name and address of your residence. such as
1. Utility bill, bank statement, or credit card statement
2. Lease documents
3. Mortgage documents
Step3: Fill Out an Online Application
Complete an application for approval either in-person or online.But If you are a current Chase customer, you can sign in to your account and use a prefilled application to open a new checking account.
If you want to open a joint account, applying in person is the only option. You and the co-account holder must go to the bank together.
Step4: Make an opening deposit
This deposit can be made using an account and routing number to transfer funds from another bank account or with a check or money order. You can also visit a branch to deposit cash
Step 5: Activate your debit card
This can be done online or over the phone, or at the bank’s ATM. Usually, mailed separately from your debit card, you will receive a personal identification number (PIN) that is used when making debit card transactions.
Step 6: Start using your account
Once the bank finishes setting up your account, it’s ready to go. You’ll now be able to make deposits, withdrawals and any other features that come with your account.
Checking Account Features
1. Direct deposit
This allows your employer to electronically deposit your paycheck into your bank account,
2. Checking accounts come with a debit card.
The debit card you receive allows you to withdraw money from your checking account.
3. Electronic Funds Transfer
The wire transfer, it’s possible to have money directly transferred into your account without having to wait for a check to come in the mail.
What to consider before opening a checking account
Before opening a checking account. you need to think about monthly service fees, withdrawal fees, and minimum deposit requirements. Accounts may have different options to help avoid the monthly service fee. To determine the most economical choice, compare the benefits of different checking accounts with the services you actually need.
