Chase Bank Review 2026: Checking, Savings and CDs
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Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions are our own.
Overview
JPMorgan Chase is the largest bank in the country and offers a robust menu of services and products. It has more than 5,000 branches. In 2026, Chase won NerdWallet’s annual award for best branch access. The bank offers mortgages, auto loans and one of the broadest selections of credit cards in the industry. Chase also ranked well in the 2025 J.D. Power U.S. Retail Banking Satisfaction Study. But its savings rates are low, and some fees are high.
Large branch network.
Large, free, nationwide ATM network.
Early direct deposit.
Overdraft buffer.
Expensive overdraft fee.
Monthly fees (though they are avoidable).
Low rates on savings accounts and CDs.
Product reviews
Checking
Chase offers several checking options, including its most basic account, Chase Total Checking®, and a couple that bear a tiny amount of interest (the rates are lower than the national average of 0.07%). The checking accounts give users access to mobile banking, including online bill pay, and come with debit cards.
Chase Total Checking® account holders can avoid a fee each month by having monthly direct deposits totaling $500 or more, keeping a beginning day balance of at least $1,500 or by having an average beginning day balance of $5,000 or more across certain Chase accounts.
Chase offers a $400 bonus on its Total Checking® account (expires 07/15/2026). See our list of best bonuses for details.
» Looking for a business checking account? See our review of Chase's Business Complete Checking
Savings
Chase's basic account, Chase Savings℠, has a low annual percentage yield of only 0.01% effective as of 05/07/2025. Interest rates are variable and subject to change. The account supports free overdraft protection transfers to a linked checking account when there’s not enough money in checking to cover a transaction.
Customers can avoid the $5 monthly fee on the Chase Savings℠ account by maintaining a daily balance of at least $300 or scheduling a recurring transfer of at least $25 from a linked Chase checking account, among other options.
» Want to see more options? Check out NerdWallet’s best savings accounts
Chase Savings℠
Certificates of deposit
Chase offers many term lengths, but most rates are disappointing. Compared with what you can find at other financial institutions, particularly online banks, Chase’s minimum deposit requirements are higher and rates are much, much lower. Read more about Chase's CDs here.
» Want to see higher yields? Check our list of best CD rates for the month
Full List of CD Rates
| Term | APY | Min Deposit |
|---|---|---|
| 3 months | 3.50% | $10,000 |
| 3 months | 3.50% | $1,000 |
| 3 months | 1.50% | $100,000 |
| 3 months | 0.01% | $1,000 |
| 4 months | 2.00% | $10,000 |
| 4 months | 2.00% | $100,000 |
| 4 months | 0.50% | $1,000 |
| 4 months | 0.01% | $1,000 |
| 6 months | 3.20% | $100,000 |
| 6 months | 0.01% | $1,000 |
| 9 months | 1.01% | $100,000 |
| 10 months | 1.50% | $10,000 |
| 10 months | 1.50% | $1,000 |
| 10 months | 1.50% | $100,000 |
| 10 months | 0.01% | $1,000 |
| 11 months | 3.00% | $100,000 |
| 11 months | 2.50% | $1,000 |
| 11 months | 2.50% | $10,000 |
| 11 months | 0.01% | $1,000 |
| 1 year | 1.50% | $0 |
| 1 year | 1.50% | $100,000 |
| 1 year | 1.50% | $10,000 |
| 1 year | 0.01% | $1,000 |
| 1 year | 0.01% | $250,000 |
| 2 years | 0.01% | $1,000 |
| 3 years | 2.00% | $100,000 |
| 3 years | 2.00% | $1,000 |
| 3 years | 2.00% | $10,000 |
| 3 years | 0.01% | $1,000 |
| 4 years | 0.01% | $1,000 |
| 5 years | 2.00% | $100,000 |
| 5 years | 2.00% | $1,000 |
| 5 years | 2.00% | $10,000 |
| 5 years | 0.01% | $1,000 |
| 10 years | 2.00% | $1,000 |
| 10 years | 2.00% | $100,000 |
| 10 years | 2.00% | $10,000 |
| 10 years | 0.01% | $1,000 |
Chase CD
Customer experience & overdraft fees
Customer experience
Chase has a large network of branches and ATMs across the country.
Chase offers customer support through phone and mobile app. Phone support is available seven days a week with generous hours. The bank's website is fairly easy to navigate and its mobile apps receive high ratings in the app stores.
Web experience
AverageMobile apps
Highly ratedPhone support
Monday through Friday, 8 a.m. to 12 a.m. ET; Saturday through Sunday, 8 a.m. to 8 p.m. ETBranches
5,000+Overdraft fees
There's no fee for overdrawing by $50 or less in a day. If a customer overdraws by more than that, they can still avoid the fee if they bring their account balance to being overdrawn by $50 or less by 11 p.m. ET the next business day.
But if you overdraft by more and you can’t bring your balance up, Chase charges an overdraft fee of $34, up to three times per day (unlike banks that have eliminated overdraft fees). However, Chase doesn't charge for overdraft transfers if a customer links their savings account as a backup.
Rating methodology
How we rate banks and credit unions
Banking writers and editors use an objective methodology to rate banks, credit unions, and other providers, and to recommend the best products.
100+
Financial institutions reviewed
100+
Financial institutions reviewed
We took a close look at around 100 financial institutions and financial service providers, including the largest U.S. banks based on assets, internet search traffic and other factors; the nation’s largest credit unions, based on assets and membership; and other notable players in the industry. We rated them on criteria including annual percentage yields, minimum balances, fees, digital experience and more.
30+
Categories assessed
30+
Categories assessed
Each provider is evaluated across five weighted categories and 30 subcategories, including checking and savings accounts, certificates of deposit, customer experience, and overdraft services. For banks or credit unions without one or more types of accounts, the overall rating is modified to include only applicable categories. Institutions are not penalized if they don't offer every type of account.
60+
Data points analyzed
60+
Data points analyzed
We considered more than 60 data points for each provider. Depending on the category, these included account fees and rates (such as annual percentage yields), ATM and branch access, account features, account bonuses, customer service access and user-facing technology, such as innovative tools and mobile apps. We gathered this information for each financial institution from its website, a media representative or both.
Star rating categories
The review team is made up of seasoned writers and editors who cover personal banking deposit accounts, such as checking, savings and certificates of deposit, as well as related banking services, such as overdraft programs and ATM networks. For providers without one or more types of accounts, the overall rating is modified to include only applicable categories. Institutions are not penalized if they don't offer every type of account.
Financial institutions and providers surveyed are: Affirm, All America Bank, Alliant Credit Union, Ally Bank, Alto, Amalgamated Bank, American Express National Bank, Andrews Federal Credit Union, Associated Bank, Axos Bank, Bank of America, Bank5 Connect, Barclays, Bask Bank, BMO, Boeing Employees Credit Union, Bread Savings®, BrioDirect, Capital One, Cash App, CFG Bank, Charles Schwab Bank, Chase, Chime, CIBC U.S., CIT Bank, Citibank, Citizens Access, Citizens Bank, Climate First Bank, ConnectOne Bank, Connexus Credit Union, Consumers Credit Union, Current, Customers Bank, Discover® Bank, E*TRADE, EverBank, Fifth Third Bank, First Foundation, First Internet Bank, First Tech Federal Credit Union, FNBO Direct, Forbright Bank, FourLeaf Federal Credit Union, GO2bank, Golden 1 Credit Union, Hope Credit Union, HSBC Bank, Huntington Bank, Ivy Bank, KeyBank, Lake Michigan Credit Union, LendingClub Bank, Live Oak Bank, M&T Bank, Marcus by Goldman Sachs, My Banking Direct, NASA Federal Credit Union, Navy Federal Credit Union, NBKC, Newtek Bank, OMB Bank, OnePay, Openbank, PayPal, Peak Bank, Pentagon Federal Credit Union, PNC, Poppy Bank, Popular Direct, Quontic Bank, Regions Bank, Revolut, Salem Five Direct, Sallie Mae Bank, Santander Bank, SchoolsFirst Federal Credit Union, Security Service Federal Credit Union, Securityplus Federal Credit Union, Self-Help Credit Union, Service Credit Union, SoFi, State Employees’ Credit Union of North Carolina, Synchrony Bank, TAB Bank, TD Bank, Truist Bank, U.S. Bank, UFB Direct, Upgrade, USAA Bank, Valley Bank, Varo, Venmo, Vio Bank, Wells Fargo, Western Alliance Bank, Zolve and Zynlo Bank.
NerdWallet does not receive compensation for our star ratings. Read more about our ratings methodologies for banks and credit unions and our editorial guidelines.