As one of the largest financial services institutions in the United States, JPMorgan Chase Bank offers a variety of checking and savings accounts.

This article provides a detailed overview of Chase Bank's account types, required documents, international remittances fees, the latest account opening bonuses from Chase, and other relevant information.

Chase Bank Account Types

Chase Bank offers several checking and savings accounts, including Secure Checking, Total Checking, Premier Plus Checking, and Savings.

• Secure Checking: Monthly fee of $4.95, non-waivable. Suitable for users who want to avoid overdraft fees.
• Total Checking: Monthly fee of $12, waivable through monthly ACH deposits of $500, account balance of $1500, or total investment and deposit value of $5000. Offers no fees for small/short-term overdrafts (Chase Overdraft Assist℠).
• Premier Plus Checking: Monthly fee of $25, waivable with total investment value of $15000 or having a Chase mortgage and designating this account for payments. Allows free use of non-Chase ATMs (4 times) and waives the monthly fee for linked savings accounts.
• Savings: Monthly fee of $5, waivable with an account balance of $300, monthly automatic deposits of at least $25, or linking to a Premier Plus Checking account. Suitable for basic savings plans.
• Premier Savings: Monthly fee of $25, waivable with an account balance of $15000 or linking to Premier Plus Checking. Waives a range of fees, such as incoming remittances and using non-Chase ATMs.

All account types have no minimum deposit requirements, and Secure Checking and Total Checking do not earn interest.

Chase Bank Account Required Documents

To apply for a Chase Bank account, you generally need the following documents:

• Identification (passport, Social Security card, tax card, driver's license)
• Proof of address (lease agreement, bank statement, utility bill)
• Initial deposit (if applicable)

Chase Bank International Remittances Fees

Chase Bank charges the following fees for international remittances:

• Incoming international remittances: $15
• Branch remittances to a US account: $35
• Branch outgoing international remittances (USD/foreign currency): $50
• Online outgoing international remittances (USD): $40
• Online outgoing international remittances (foreign currency): $5 (for amounts <$5000), free (for amounts >$5000)

Although Chase Bank’s remittances fees seem low, hidden costs are often embedded in the exchange rates. Traditional banks like Chase typically add a markup of up to 3% on the exchange rate, which can result in higher actual fees, especially for larger amounts.

Chase Bank Latest Account Opening Bonuses

Chase Bank currently offers the following account opening bonuses:

• Chase Total Checking: $200, requires setting up direct deposits (e.g., from the government or an employer) within 90 days of account opening.
• Chase Secure Checking or Chase College Checking (for students): $100, requires completing 10 qualifying transactions (such as debit card purchases, Zelle transfers, ACH deposits, Chase QuickDeposit, or online bill payments) within 60 days of account opening.

Note: The above account opening bonuses are valid until April 19, 2023. Existing Chase checking customers, those who have closed an account within 90 days, or those who have closed an account with a negative balance in the past 3 years are not eligible. You can open a new Chase checking account and receive the bonus every two years, provided you close any existing accounts beforehand.

Chase Bank Online Account Opening

Chase Bank offers online account opening with the following process:

1. Compare different accounts, choose one, and complete the electronic application form, remembering to use the promotional coupon code.
2. Provide personal information and complete the identity verification process.
3. If required, transfer funds to the US to meet the initial deposit requirement.
4. Successfully open the account and wait for the bank to send the debit card, which you then activate.

Note: Online account opening requires an SSN or ITIN tax number and proof of a US address (e.g., a utility bill within the last 60 days). Remote account opening can be challenging if you lack the necessary documents and are not physically in the US.

Chase Bank Operations in China

JPMorgan Chase has several branches in China, providing corporate banking, securities services, asset management, and other services. It mainly serves corporate clients, financial institutions, and government entities, making it unsuitable for individual consumers to open accounts in China. Accounts opened in China differ from personal accounts in the US and are primarily used for corporate payments, asset management, and securities investment.

Chase Bank’s customer support hotline is +1-800-935-9935. While there is no dedicated Chinese customer service line, some branches in major cities may have staff who speak Chinese.