Is Chase Bank Good to bank with?
GOBankingRates has ranked Chase as one of the Best National Banks and Top 100 Banks of 2022 and has also recognized the bank in its Best CD Accounts, Best Checking Accounts and Best Savings Accounts of 2022 annual lists.
What are the pros and cons of Chase Bank?
Chase Savings Account Pros & Cons
| Pros | Cons |
|---|---|
| Occasional account sign-up bonuses Can be used for overdraft protection Access to physical branches Mobile apps available | Monthly fee may apply Interest rate is much lower compared to online savings accounts |
How reliable is Chase Bank?
Yes, all Chase bank accounts are FDIC insured (FDIC# 628) up to $250,000 per depositor, for each account ownership category, in the event of a bank failure.
Does Chase have good customer service?
JPMorgan Chase scored the highest marks in a J.D. Power study that evaluated customer satisfaction at the nation’s six largest retail banks. Last year’s first-place finisher, PNC Financial Services Group, came in second this year. The rest of the rankings were unchanged from 2017.
Is Chase customer service bad?
Overview. Chase has a consumer rating of 2.13 stars from 216 reviews indicating that most customers are generally dissatisfied with their purchases. Consumers complaining about Chase most frequently mention customer service, credit card and online banking problems.
Who is better Wells Fargo or Chase?
Both banks offer several business checking accounts but Wells Fargo is the clear winner due to its lower monthly fees and higher transaction limits. For example, a large businesses that has up to 500 transactions a month can expect to pay a $40 monthly fee with Wells Fargo versus a $95 monthly fee with Chase.
Why is Chase bad?
Chase violates Indigenous Rights. Chase has been a consistent bad actor, funding fossil fuel expansion projects that devastate the environment and violate human rights, particularly Indigenous rights. Indigenous peoples are among those experiencing impacts from a changing climate first and worst.
Which is better Chase or Wells Fargo?
The Chase Total Checking® and Wells Fargo Everyday Checking accounts are comparable, with large ATM networks and many branches. Both banks also offer premium checking accounts that earn interest — but not much. But if you want a cash bonus, Chase is the winner.