How to apply for JPMorgan Chase

Choosing and Opening a JPMorgan Chase Account

If you’re interested in opening a JPMorgan Chase checking account, there are a few things you should know. Firstly, you have three different account options to choose from based on your financial needs. However, the application process for all three accounts is the same.

When applying for a JPMorgan Chase checking account, you’ll be asked to provide some personal information. The good news is that there is no minimum deposit required for any of the three accounts. However, it is advisable to meet certain criteria to avoid paying the monthly fee.

Avoiding Monthly Fees on your JPMorgan Chase Checking Account

To avoid service fees on certain accounts, you can maintain a minimum balance. Here are the account requirements you need to meet to avoid these fees:

• Chase Total Checking: Maintain a $1,500 beginning daily balance or have a combined balance of $5,000 in this account and linked qualifying deposits or investments.
• Chase Premier Plus Checking: Have an average beginning daily balance of at least $15,000 in any combination of this account and linked qualifying deposits or investments.
• Chase College Checking: Maintain an average ending day balance of at least $5,000 in this account.

How to Open a JPMorgan Chase Account

Here is a step-by-step guide to help you get started:

1. Gather the Required Items and Information
   • Make sure you have your Social Security number, driver’s license or state-issued ID, and contact information including your name, address, email address, and phone number.
   • Note: If you are opening a joint account, both you and the co-account holder need to provide this information.
2. Choose a Checking Account
   • Preview the different checking account options on the Chase website and click the “Open Now” button for the account you want to open.
3. Fill Out an Online Application
   • If you are already a Chase customer, you can sign in to your account and use a prefilled application to open a new account. If you are not a current Chase customer, complete and submit the online application.
4. Fund the Account
   • You don’t need to make a deposit to open a Chase account.

Contacting JPMorgan Chase Customer Service

If you need assistance or have any questions, you can easily find customer help and technical support with Chase. You can:

• Get online and mobile banking support, or help with your account.
• Call Chase Customer Service at 1-800-935-9935.

Choosing Between JPMorgan Chase and Bank of America Accounts

If you’re weighing the options between a JPMorgan Chase account and a Bank of America Advantage Plus account, there are some factors to consider. Both banks offer ways to avoid monthly fees, but there are differences in their account requirements.

• JPMorgan Chase: You can avoid fees by maintaining minimum balances or meeting certain criteria for each account.
• Bank of America Advantage Plus: You can avoid fees by having qualifying direct deposits, maintaining a minimum daily balance, or enrolling in Preferred Rewards. Note that this account has a minimum opening deposit of $100.

While Chase offers a sign-up bonus and doesn’t require a minimum deposit, Bank of America makes it easier to avoid monthly service fees. The choice between the two will ultimately depend on which benefit is more valuable to you.

Both JPMorgan Chase and Bank of America have broad branch networks across the country, so you can expect to have easy access to in-person banking services.

Ready to learn more about the Bank of America Advantage Plus account? Click the green button below!

Written by

Claire Harrison