In the digital world of today, technology has made a lot of things easier than we can imagine. This is definitely applicable to the financial field, do you know that you can open a Chase account online without having to pay a visit to the bank?
Actually, the internet has made most of this easy as you can make it happen at the comfort of your home. Now, the question is how do I create an online Chase account?
We will walk you through every process and steps to follow in this article, all you need to do is stay tuned and follow us to the end.
What Is Chase Bank?
This part of the content is specifically for newbies who are just hearing about chase bank for the first time. Meanwhile, Chase is a bank like every normal bank, the difference between Chase and normal banks is that Chase is a digital banking service and is one of the largest in the United States.
The bank allows you to perform different kinds of financial transactions, safely transfer cash from one place to another, monitor your transaction activity and help in paying bills.
Can I Open A Chase bank Account Online?
Of course yes! You can open a Chase bank account, in fact everyone is allowed to open an account with them so long as you are able to stick to the provided criterias. Like age, documents and some other necessities. If you can do all these normal things you should be able to open an account with Chase bank.
Who wouldn’t want to open an account with a banking system that offers a streamlined digital banking experience, with adequate 24 hours access to customer service support.
How To Open Chase Online Account
According to JPMorgan Chase, the accounts you can open online with Chase bank are of two types. A Checking account and Savings account. Those are the 2 categories of account you can open, but there is a slight difference between the two accounts.
So, it is up to you to choose the one that best suits your goals and intentions.
A CHECKING ACCOUNT is mainly used to undergo day to day transactions, such as deposits and withdrawals. These accounts are also used to take care of bills, debts, expenses and most especially the account keeps your money safe.
A SAVINGS ACCOUNT on the other hand is better opened for long term objectives, you know what I mean here. The most significant difference between the two accounts is that, with a checking account you can undergo several numerous deposits and withdrawals and this won’t cost you a fee.
But a savings account has a limited slot for withdrawals and deposits, you should be aware that you’ll be charged a particular fee if you exceed the limited number of monthly savings withdrawals.
However, I personally think a checking account is good for beginners, so you can decide to open a savings account when you notice a significant growth in your income.
Now let’s dive into the particular aspect of opening a chase account online. The account opening procedures include selecting your preferred account type, applying, accepting terms and conditions, and others.
STEP 1:
The first step in opening a Chase online account is to select your preferred account type. This means that you have to choose between a Savings account or a checking account, we have explained what these accounts mean, how they work and their difference above.
So do yourself a favor by the account that best suits your interest at the moment, don’t over stress yourself as you can still change in the future. Stay calm!
STEP 2:
I hope you are still following me as we continue to highlight the steps, now the second step is to review the bank’s agreements. This means you will be required to go through chase terms and conditions, it is normal for this to happen because 90% of verified and standby platforms definitely have terms and conditions page.
We recommend you read the terms and conditions page because the content will cover all important information you need to be aware of concerning your account. These informations include fees, rate, charges and others.
STEP 3:
Yes! We are making progress with this and I’m very happy about that. Now the next step is to fill an application form by visiting the company’s website. All you need to fill in the application form are your personal details like your name, address and other information.
However, you might also be required to submit some documents for you to complete your application. I hope you understand what we are trying to say here, after you must have done the above processes, a verification message would be sent to your email address. This message will contain all you need to do next to get your application approved in no time.
STEP 4:
The following step is to verify your identity, this is one of the most important procedures so that the company will be able to know who’s opening an account with them.
It’s not really a tough task though, all you need to do is upload an identity card or secondary form of ID, not just any identity card but the one that was issued by the government.
Be aware that your application might not be accepted if you can’t prove who you are to be a platform.
STEP 5:
An initial deposit is likely the next step after completing the identity verification process, you will have to make a deposit so as to activate your account. With an account and a routing number, you should be able to transfer money to your pending checking account.
STEP 6:
This is probably the last step as you would need to activate your debit card, why? Can’t I use my account without a debit card? I know this question must have been running in your mind, the answer is no!.
You can’t use your checking account without activating your debit card because all checking accounts are typically linked to debit cards, so you need a debit card to activate it.
STEP 7:
Wow! You have successfully opened a chase online account with just a few steps. I hope you didn’t get confused along the way, you can go back and read content again if you are confused.
Advantages Of Opening Chase Account Online
Chase bank offers complete financial banking solutions such as auto loans, mortgage, international banking, treasury, credit and financing and payment services.
We see no reason why you shouldn’t open an account with Chase, do well to open an account either checking or savings account.
Summary
The above steps is what to follow and open chase online account. But if along the line you encounter any challenges, you can easily reach out to Chase customer service. Or, refer to our related articles here.