Chase Checking Agreement: All You Need to Know

If you’re considering a checking account with Chase, it`s important to understand the terms of their checking agreement. The agreement outlines the rights and responsibilities of both you and the bank, along with important details about fees, interest rates, and other features that come with the account. In this article, we’ll go over all you need to know about the Chase checking agreement.


The Chase checking account comes with fees, but these can be waived under certain conditions. For example, there is a monthly service fee that is automatically waived if you meet minimum balance requirements or have a direct deposit set up. If you don’t meet these requirements, you can still avoid the monthly fee by making a certain number of debit card purchases, which varies depending on the account type.

Other fees associated with the account include overdraft fees, non-sufficient funds fees, and out-of-network ATM fees. Be sure to read the agreement carefully to understand when these fees apply and what the costs are.

Interest Rates

Interest rates for Chase checking accounts are generally low, but they can vary based on the account type and your balance. The interest rate for the Chase Total Checking account, for example, is currently 0.01% APY, while the interest rate for the Chase Premier Plus Checking account is currently 0.05% APY. Be sure to check the current rates on the Chase website to get the most up-to-date information.


Chase checking accounts come with a variety of features, including online and mobile banking, bill pay, and the ability to deposit checks remotely using your smartphone. They also offer overdraft protection, which can help you avoid costly overdraft fees.

One of the most popular features of the account is Chase QuickPay with Zelle®, which allows you to send and receive money quickly and securely using just an email address or mobile phone number. This feature is free for Chase checking account holders and can be a convenient way to pay friends and family or split bills with roommates.


Before opening a Chase checking account, it`s important to read and understand the checking agreement. This will give you a clear understanding of the fees, interest rates, and features that come with the account, allowing you to make an informed decision about whether it’s the right account for you. Remember to also check for any updates to the agreement, as terms may change over time.