Yes, you can open a Chase savings account online from start to finish

Chase lets you open most of their savings accounts entirely online using a computer or their mobile app. You do not need to visit a branch, though you can if you prefer. The whole process usually takes about 10 minutes, and your account opens the same day or the next business day.

The account types available online include Chase Savings, Chase Premier Savings (which requires a higher opening deposit), and Chase find Savings. You will need a valid government ID, a Social Security number, and a way to fund the account — either a debit card, a bank transfer, or a wire transfer.

Key Takeaways

  • You can open a Chase savings account online using a computer or the Chase mobile app without visiting a branch.
  • You will need a valid government ID, your Social Security number, and a way to fund your new account.
  • Chase verifies your identity when ready during the online process, and your account usually opens the same day.
  • Some account types have minimum opening deposits, which vary by account — check the specific account details before you start.
  • If you already have a Chase checking account, opening a savings account online takes even less time.

What you need before you start

Gather these items before you open your browser. You will need a valid government-issued ID — a driver's license, passport, or state ID card. Chase will ask you to verify information from it during the online process. You will also need your Social Security number, which Chase uses to check your identity and pull your credit report.

Have a way to fund your account ready. You can use a debit card from another bank, transfer money from an existing bank account, or wire money. If you already have a Chase checking account, you can transfer money from that account to your new savings account. Chase does not require a specific opening deposit for their basic savings account, but their Premier Savings account does have a minimum opening deposit — the amount changes, so check Chase's website for the current requirement.

The online opening process, step by step

Go to Chase.com or open the Chase mobile app and look for the option to open a new account. You will be asked to choose which type of savings account you want. Select the account that fits your needs, then enter your basic information: name, address, date of birth, and Social Security number.

Chase will ask you to verify your identity. This usually happens when ready — they may ask you to confirm information from your government ID or answer security questions based on your credit history. Once you pass this step, you will set up login credentials and a PIN. Then you will choose how to fund the account and enter that information (debit card number, bank account details, or wire instructions).

Review the account terms and disclosures, then submit. Your account opens when ready or by the next business day. You will receive a confirmation email with your account number and details. You can start using your account right away through Chase's website or app.

What happens if you already have a Chase account

If you already have a Chase checking account or another Chase product, the process is faster. Chase already has your identity information on file, so you skip the verification step. You can open a savings account in just a few minutes by logging into your existing Chase account and selecting the option to add a new account.

You can fund the new savings account by transferring money from your existing Chase checking account, which happens when ready. This is often the easiest route if you are already a Chase customer.

Identity verification and what can go wrong

Chase verifies your identity using information from your ID and your credit history. Most people pass this when ready. If Chase cannot verify you right away, they may ask you to upload a photo of your ID or call you to confirm information. This usually resolves within a few hours.

A few situations can slow things down. If you have recently moved and your address does not match your ID or credit report, have a very common name, or have limited credit history, Chase may need extra time to confirm who you are. If this happens, a Chase representative will contact you — keep an eye on your email and phone for their message. You can also call Chase directly at the number on their website to speed things up.

Funding your account and transfer timing

How fast your money arrives depends on how you fund the account. If you transfer from an existing Chase account, the money appears when ready. If you use a debit card from another bank, the deposit usually posts within one to two business days. Wire transfers typically arrive the same day if you send them before the bank's cutoff time (usually 2 p.m. Eastern).

You can start using your savings account as soon as it opens, even if you have not funded it yet. You can deposit money later through the app, at a Chase ATM, or at a Chase branch.

What you cannot do online

A few things still require a phone call or a branch visit. If you want to open an account in someone else's name (like a parent opening an account for a minor), you will need to visit a branch or call Chase. If you want to set up a joint account with another person, you can start online, but both account holders usually need to verify their identity, which may require a phone call or branch visit depending on the situation.

If you have had banking problems in the past — such as unpaid overdrafts or accounts closed by the bank — Chase may ask you to call or visit a branch before opening a new account. This is not common, but it can happen.

Frequently Asked Questions

Do I need a Chase checking account to open a savings account online?

No. You can open a Chase savings account online even if you have never banked with Chase before. You will need to verify your identity and fund the account, but you do not need an existing Chase account.

What if I do not have a government ID?

Chase requires a valid government-issued ID to open an account online. If you do not have one, you can visit a Chase branch in person with alternative documents — ask the branch what they accept. You can also call Chase to ask about other options.

Can I open a savings account on my phone?

Yes. The Chase mobile app lets you open a savings account the same way the website does. The process is identical, and your account opens just as fast.

What if Chase denies my online process?

Chase will tell you why they cannot open the account — usually it is an identity verification issue or a banking history concern. You can call Chase to discuss it, or visit a branch to see if they can help you resolve the problem and open the account in person.

How much money do I need to open a Chase savings account?

Chase Savings has no minimum opening deposit. Chase Premier Savings requires a higher opening deposit amount, which varies — check Chase's website for the current requirement. You can open an account with as little as one dollar if you choose the basic savings account.