Chase Bank Review 2025: Checking, Savings and CDs
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+ 1 more
Overall institution rating
3.3
JPMorgan Chase, the largest bank in the United States, delivers an extensive range of financial products and services. With over 5,000 physical locations nationwide, Chase earned NerdWallet’s 2025 Best-of Award for its strong branch availability. The bank offers everything from mortgages and auto loans to one of the most diverse credit card lineups on the market. It also scored well in the 2024 J.D. Power U.S. Retail Banking Satisfaction Study.
While Chase’s standard checking account is solid and easy to use, its savings rates fall on the low end, and certain fees can be relatively steep.
Best for: Individuals who value widespread branch access, aren’t focused on earning top-tier interest rates, and can maintain the balance needed to avoid monthly service charges.
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Large branch network.
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Large, free, nationwide ATM network.
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Early direct deposit.
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Overdraft buffer.
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Expensive overdraft fee.
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Monthly fees (though they are avoidable).
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Low rates on savings accounts and CDs.
Full review
Full review
Checking
3.6
/5Monthly fee
$15.00
Bonus
$300
Requirements to qualify
Monthly fee
$15.00
Bonus
$300
Requirements to qualify
Chase provides multiple checking account choices, including its flagship option, Chase Total Checking®, along with a few accounts that earn a small amount of interest (though the yields are still below the national average of 0.07%). All checking accounts come with mobile and online banking features, bill payment tools, and a linked debit card.
You can waive the monthly service fee on the Chase Total Checking® account in several ways:Receive at least $500 in qualifying direct deposits each month, or Maintain a minimum beginning-day balance of $1,500, or Keep an average beginning-day balance of $5,000 across eligible Chase accounts.
Chase is also offering a $300 sign-up bonusfor new Total Checking® customers (offer ends 01/21/2026). You can check our list of the top banking bonuses for more options.
» Need a business checking solution? Take a look at our review of Chase Business Complete Checking.
Savings
Chase Savings℠
2.6
/52.6
/5APY
0.01%
With $0 min. balance for APY
Bonus
N/A
APY
0.01%
With $0 min. balance for APY
Bonus
N/A
Chase Savings Account (Easy English Version)Chase’s basic savings account, Chase Savings℠, offers a very low interest rate of 0.01% APY (as of 05/07/2025). The rate can change anytime.
This account allows free overdraft protection transfers to your linked Chase checking account. This means if your checking account doesn’t have enough money for a transaction, Chase will move money from your savings to cover it.
» Want more choices? Check out NerdWallet’s list of the best savings accounts for higher interest rates.
Certificates of deposit
Chase CD
1.4
/51.4
/51-year APY
0.01%
3-year APY
0.01%
1-year APY
0.01%
3-year APY
0.01%
5-year APY
0.01%
Minimum deposit
$1,000
Show details
Chase provides a variety of CD term lengths, but the interest rates are generally underwhelming.Compared with other banks — especially online institutions — Chase requires higher minimum deposits while offering much lower yields. You can learn more about Chase’s CD options here.
» Looking for better returns? See our updated list of the best CD rates available this month.
Customer experience
Chase provides one of the largest branch and ATM networks in the U.S , making in-person banking convenient for many customers.
Customer service is available via phone and through the mobile app, with support offered seven days a week during extended hours. The Chase website is generally easy to navigate, and its mobile apps consistently receive strong ratings from users in both iOS and Android app stores.
Overdraft fees
Chase does not charge a fee if you overdraw your account by $50 or less in a single day.Additionally, if your overdraft exceeds $50, you can avoid a fee by bringing your account back to $50 or less overdrawn by 11 p.m. ET on the following business day.
If your overdraft is larger or you cannot bring your balance back into the positive, Chase charges an overdraft fee of $34, which can apply up to three times per day. Unlike some banks that have eliminated overdraft fees, this policy still applies.However, linking a Chase savings account as a backup prevents overdraft fees, as transfers from the savings account are free of charge.
How does Chase compare?
Up to 3.60%
Up to $300
3.75%
$300
Methodology
Savvymints calculates overall ratings for banks and credit unions using a weighted average across multiple categories, including checking accounts, savings accounts, certificates of deposit (or credit union share certificates), banking experience, and overdraft fees. Depending on the category, we evaluate factors such as interest rates and fees, branch and ATM accessibility, account features and limits, digital tools, customer service, and innovation. Ratings are expressed in stars, ranging from one star (poor) to five stars (excellent), with increments of 0.1 stars to provide more precise scoring.