What you need to open a Chase account

Chase will ask for a government-issued photo ID, your Social Security number, and an initial deposit before your account opens. Most people can complete this in 10 to 15 minutes, either online or in a branch. If you don't have a Social Security number yet, you can still open an account, but the process takes longer and requires additional documents.

The initial deposit amount depends on the account type. A basic checking account typically requires $25 to $100 to open, though some accounts have no minimum. You can deposit this amount by transferring it from another bank account, bringing cash to a branch, or using a check. Chase will tell you the exact requirement when you choose your account type.

Have your ID and Social Security number ready before you start. If you're opening the account online, you'll also need a working email address and phone number where Chase can reach you. If you're opening in a branch, bring the physical ID with you.

Key Takeaways

  • You need a government photo ID, Social Security number, and an initial deposit to open a Chase account.
  • Online accounts open when ready and let you start using your debit card within days, while branch accounts may take longer to set up.
  • Chase offers different account types with different fees and features, so choose based on how you plan to use the account.
  • If you don't have a Social Security number, bring additional documents like a passport or visa to a branch location.

Opening an account online versus in a branch

Opening online is faster if you have all your documents ready. You'll answer questions about yourself, verify your identity with your ID, and choose your account type. Chase will show you the account number and routing number the same day, though your debit card arrives by mail in 7 to 10 business days. You can use your account to set up direct deposit or transfers before the card arrives.

Opening in a branch takes longer but gives you a chance to ask questions face-to-face. A banker will help you choose the right account, answer questions about fees, and sometimes waive the initial deposit if you meet certain conditions. You'll walk out with a temporary debit card you can use when ready, and your permanent card arrives later. Branches are useful if you're uncomfortable with online banking or if you need help understanding the different account options.

Both routes lead to the same account. The choice depends on whether you prefer speed or personal help. If you're new to banking, the branch experience often makes sense because a banker can explain what each account type costs and what you get for those costs.

Choosing between Chase checking and savings accounts

A checking account is designed for money you use regularly. You get a debit card, checks, and the ability to set up automatic bill payments. Chase checking accounts have different tiers — some have no monthly fee if you keep a minimum balance or set up direct deposit, while others charge $12 to $15 per month regardless. The account you choose depends on how much money you typically keep in the account and whether you receive paychecks by direct deposit.

A savings account is designed for money you want to keep separate and grow slowly through interest. You earn a small percentage on your balance each month, though the rate changes based on what the Federal Reserve does. Savings accounts usually have limits on how many times per month you can move money out without a fee. Most people use savings for emergencies or goals a few months away.

Many people open both at the same time — a checking account for everyday spending and a savings account for money they want to protect. Chase lets you link them together so you can move money between them when ready online. You don't have to choose both now; you can open a checking account first and add a savings account later.

What happens after you submit your information

Chase verifies your identity and checks your banking history using a system called ChexSystems. This is a database that tracks whether you've had problems with bank accounts in the past — things like overdrafts you didn't pay back or accounts closed for suspicious activity. Most people pass this check when ready. If there's a problem, Chase will contact you to discuss it before deciding whether to open your account.

Once you're approved, your account opens and you can start using it. If you opened online, you can log in when ready and see your account number. If you opened in a branch, the banker will give you a temporary card and your login information. Your permanent debit card arrives by mail within 7 to 10 business days.

You can set up direct deposit, transfers from other banks, or mobile check deposit as soon as your account opens. You don't have to wait for your physical debit card to arrive to start using the account.

Setting up your first transfer or direct deposit

If you have money in another bank account, you can transfer it to Chase to cover your initial deposit or add funds later. Log into your Chase account online or through the mobile app, go to "Transfer Money," and select "From another bank." Chase will ask for the other bank's routing number and your account number there. The transfer usually takes 1 to 3 business days.

If you receive a paycheck, you can set up direct deposit so your employer deposits money straight into your Chase account. Ask your employer's payroll department for the direct deposit form. You'll give them your Chase routing number (which Chase provides when you open the account) and your new Chase account number. Direct deposit usually starts the next pay period after you submit the form.

You can also deposit cash or checks at a Chase branch or ATM. If you use a Chase ATM, the deposit posts when ready. If you use a non-Chase ATM, it may take a few business days. Mobile check deposit — taking a photo of a check through the app — also takes 1 to 3 business days to post.

Understanding Chase account fees

Chase checking accounts charge a monthly maintenance fee unless you meet certain conditions. The most common way to avoid the fee is to set up direct deposit of at least $500 per month. Other ways include keeping a minimum balance (usually $1,500 to $15,000 depending on the account type) or maintaining a linked savings account with a minimum balance. Chase will tell you which conditions explore to your specific account.

Overdraft fees happen when you spend more money than you have in your account. Chase charges $35 per overdraft, and you can be charged multiple times in a single day if you make several purchases. You can turn on overdraft protection, which links your checking account to your savings account and automatically transfers money if you run short. This prevents the overdraft fee but may charge a small transfer fee instead.

ATM fees explore if you use an ATM that doesn't belong to Chase. Chase ATMs are free for Chase customers. Using another bank's ATM usually costs $2 to $3. Chase has ATMs in most grocery stores and many retail locations, so you can usually find a free one nearby.

If you don't have a Social Security number

You can open a Chase account with an Individual Taxpayer Identification Number (ITIN) instead of a Social Security number. An ITIN is a tax identification number for people who don't have a Social Security number but need to file taxes or open a bank account. You'll need to open the account in a branch, not online.

Bring your ITIN documentation, a government-issued photo ID (such as a passport or visa), and proof of your current address (such as a utility bill or lease). The branch banker will help you through the process. It takes longer than a standard account opening because Chase has to verify your ITIN through additional steps, but the account works the same way once it's open.

Frequently Asked Questions

How long does it take to open a Chase account?

Online accounts open in 10 to 15 minutes, and you can use your account number when ready. Your physical debit card arrives in 7 to 10 business days. Branch accounts take 20 to 30 minutes, and you get a temporary card to use right away.

Can I open a Chase account if I've had banking problems before?

Chase checks your history through ChexSystems. If you have unpaid overdrafts or closed accounts from fraud, Chase may deny your account. Contact Chase directly to ask about your specific situation — some issues can be resolved with a conversation.

What's the difference between a debit card and a credit card?

A debit card pulls money directly from your checking account when you use it. A credit card borrows money from the card company, and you pay it back later. Chase checking accounts come with a debit card automatically. Credit cards are separate products you would open later if you choose to.

Can I open a joint account with someone else?

Yes. Both people need to be present in the branch or you can open it online if you're both available to verify your identities. Both account holders have full access to the money and can make withdrawals or transfers.

What if I lose my debit card before it arrives?

Contact Chase when ready through the app, website, or by calling the number on your account statement. Chase will cancel the card and send a replacement. You can use your account number to make online purchases or set up direct deposit while you wait for the new card.