Is Chase a Good Bank?
And Its Website Experience Can Compete with That of Online-Only Banks. Chase Has a Good Basic Checking Account, and Its Sign-up Bonuses Earned It a Place in...
And its website experience can compete with that of online-only banks. Chase has a good basic checking account, and its sign-up bonuses earned it a place in NerdWallet's Best-Of Awards for 2021. But Chase's savings rates are generally low, and some fees are high and hard to avoid.
What are the disadvantages of Chase Bank?
- There's no interest on checking accounts.
- Interest rates for basic savings accounts are a pittance.
- There are monthly maintenance fees, though they can (sometimes) be waived.
- You could get hit with a $34 insufficient funds fee if you overdraft your account.
- There's a $2.50 fee for using non-Chase ATMs.
What bank is better than Chase?
Chase: Best for bonuses, brick-and-mortar bank with great checking sign-up bonuses and a large branch network. Discover: Best for cash back, online bank with a competitive savings rate and cash-back checking. Alliant Credit Union: Best for ATMs, online credit union with high rates and a huge ATM network.
David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.
