Chase Bank review

Chase bank renders all the major banking services of the twenty-first century. Services include but not limited to, loans, credit cards, currency exchange, savings and checking accounts, investment and so on. Chase Bank also offers mobile banking tools and is the second-largest network of branches in the country. Chase Bank also has the highest number of ATMs nationwide, with over 16,000 around the nation. A lot of customers banking with Chase bank has recorded a high degree of satisfaction with one of the highest satisfaction being the ease in accessibility.

However, some customers seem a bit dissatisfied with the rate and fee schedule offered by Chase Bank. There is nothing special about the monthly maintenance fees and there is also an opportunity to waive them off when a customer meets certain criteria. Chase Bank’s interest rate is also a bit disappointing because in some cases, a customer can only earn 0.01% APY.

Chase Bank also offers currency trading that is listed in pairs, such as EUR/USD, USD/CAD, USD/JPY and so on. All these are representing the US dollar (USD) against the Canadian dollar (CAD),  the US dollar against the Japanese yen (JYP) and the Euro (EUR) against the US dollar.

Chase Bank review

Here are a few positives of Chase Bank

  • Chase Bank offers a huge network of ATMs and branches, with 4,900 brick-and-mortar banks and 16,000 ATMs nationwide.
  • Chase offers an impressive selection of mobile banking tools, including mobile deposit and on-the-go account management.
  • Chase offers some of the best rewards on the market, which are easily integrated into their mobile app.
  • Chase Bank also has increased marks because of its strong United States-based customer service.
  • Chase Bank also offers the following

Cost Reduction

Chase Bank renders banking solutions to businesses and individuals of various financial situations. The cost to the customer will be dependent on the service and lifestyle chosen by the customer. For instance, a basic account checking from the Chase Bank could be up to $12 monthly for the service charges but when the criteria of the account are being met, the customer would not have to pay a fee at all.

Cheaper (or Free!) Alternatives

It is wise that before a customer commits to any kind of financial institution, they should carry out some form of research to be abreast of what their options are. When a customer is looking forward to taking up a mortgage, for instance, the customer does not necessarily go with the first company that pre-approves them. A customer is meant to compare the various rates of the numerous amount of companies available which are offered to the customer, just to make sure that the customer gets the very best out of the deal. In the same vain, a customer should consider the various terms associated with any credit card or savings and checking accounts just to make sure that the customer ends up choosing the terms that most relate to their goals.

With Chase Bank, it is easy for customers to access their money wherever they are and customers are very satisfied with that.