Account Setup | Chase Private Client (2024)

Footnote1

Chase Mobile® app is available for select mobile devices. Message and data rates may apply.

Apple, the Apple logo, Apple Pay, iPhone, iPad, Apple Watch and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries.

Google Pay is a trademark of Google LLC. Google Pay works on Android devices running Android Lollipop 5.0 or above.

Footnote2

For wire transfers, the “No Chase Fee” benefit applies to the Wire Transfer Fees section listed on the Fee Schedule of the Additional Banking Services and Fees, which can be found at chase.com/disclosures, and does not apply to the spread we include in the foreign currency exchange rate. Financial institutions may deduct processing fees and/or charges from the amount of the incoming or outgoing wire transfers, including on returned wire transfers. Any deductions taken by us, and our affiliates, may include processing fees charged by Chase.

Footnote3

There is no Chase fee at non-Chase ATMs. Chase will refund ATM Surcharge Fees charged by the ATM owner/network. This benefit will begin the next business day after opening the account. Some ATM owners/networks do not identify these Surcharge Fees in the information they send to us and, as a result, we may not automatically refund the fee. If for any reason the refund is not processed, please contact us. There is no Foreign Exchange Rate Adjustment Fee when conducting transactions in a foreign currency. If you choose to convert an international transaction to U.S. dollars at either an ATM or on a purchase, foreign currency commissions and fees included in the exchange rate charged by third parties are excluded from Chase Surcharge Fee reimbursem*nts. The “No Chase Fee” benefit applies based on your account having this benefit when the debit card or ATM transaction is posted on the account.

Footnote4

No Overdraft Fees when item(s) are presented against an account with insufficient funds on the first four business days during the current and prior 12 statement periods. On a business day when we returned item(s), this counts toward the four business days when an Overdraft Fee will not be charged.

Footnote5

Enrollment in Zelle® with a U.S. checking or savings account is required to use the service. Chase customers must use an eligible Chase consumer or business checking account, which may have its own account fees. Consult your account agreement. To send money to or receive money from a small business, both parties must be enrolled with Zelle® directly through their financial institution’s online or mobile app experience. Funds are typically made available in minutes when the recipient’s email address or U.S. mobile number is already enrolled with Zelle® (go to enroll.zellepay.com to view participating banks). Select transactions could take up to 3 business days. Enroll on the Chase Mobile® app or Chase Online℠. Limitations may apply. Message and data rates may apply.

Zelle® is intended for payments to recipients you know and trust and is not intended for the purchase of goods from retailers, online marketplaces or through social media posts. Neither Zelle® nor Chase provide protection if you make a purchase of goods using Zelle® and then do not receive them or receive them damaged or not as described or expected. In case of errors or questions about your electronic funds transfers, including information on reimbursem*nt for fraudulent Zelle® payments, see your account agreement. Neither Chase nor Zelle® offers reimbursem*nt for authorized payments you make using Zelle®, except for a limited reimbursem*nt program that applies for certain imposter scams where you sent money with Zelle®. This reimbursem*nt program is not required by law and may be modified or discontinued at any time.

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

Footnote6

There is a $35 Monthly Service Fee for Chase Private Client Checking OR $0 when you have at least one of the following each statement period: an average beginning day balance of $150,000 or more in any combination of this account and linked qualifying (a) deposits / (b) investments OR, a linked Chase Platinum Business Checking℠ account. New and converted accounts will not be charged a Monthly Service Fee for at least the first two statement periods. After that the Monthly Service Fee will apply unless you meet one of the ways to avoid the Monthly Service Fee each statement period (if applicable).

  • (a) Qualifying personal deposits include up to nine Chase Private Client Checking accounts, Chase High School Checking℠ accounts, Chase First Checking℠ accounts, personal Chase savings accounts (excluding Chase Premier Savings℠), CDs, certain Chase Retirement CDs, or certain Chase Retirement Money Market accounts.
  • (b) Qualifying personal investments include balances in investment and annuity products offered through JPMorgan Chase & Co. and its affiliates and agencies. For most products, we use daily balances to calculate the average beginning day balance for such investment and annuity products. Some third party providers report balances on a weekly, not daily, basis and we will use the most current balance reported. Balances in 529 plans, donor-advised funds, and certain retirement plan investment accounts do not qualify. Investment products and related services are only available in English.

Footnote7

Customers who work with a J.P. Morgan Private Client Advisor generally intend to invest $100,000 or more.

Footnote8

IMPORTANT: The projections or other information generated by Wealth Plan regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.

Footnote9

Account Alerts: There is no charge from Chase, but message and data rates may apply. Delivery of alerts may be delayed for various reasons, including service outages affecting your phone, wireless or internet provider; technology failures; and system capacity limitations.

Footnote10

Chase will reimburse unauthorized debit card transactions when reported promptly. Certain limitations apply. See Deposit Account Agreement for details.

Images on the page are hypothetical and for informational purposes only. Screen images are simulated.

"Chase Private Client" is the brand name for a banking and investment product and service offering, requiring a Chase Private Client Checking℠ account.

Bank deposit accounts, such as checking and savings, may be subject to approval. Deposit products and related services are offered by JPMorgan Chase Bank, N.A. Member FDIC.

Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Past performance is not a guarantee of future results.

Asset allocation/diversification does not guarantee a profit or protect against a loss.

J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.

LEARN MORE ABOUT OUR FIRM AND INVESTMENT PROFESSIONALS AT FINRA BROKERCHECK.

INVESTMENT AND INSURANCE PRODUCTS ARE:

  • NOT FDIC INSURED
  • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
  • NOT A DEPOSIT OR OTHER OBLIGATION OF, OR GUARANTEED BY, JPMORGAN CHASE BANK, N.A. OR ANY OF ITS AFFILIATES
  • SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS OF THE PRINCIPAL AMOUNT INVESTED
Account Setup | Chase Private Client (2024)

FAQs

What is a private client account? ›

Private banking consists of personalized financial services and products offered to the high-net-worth individual (HNWI) clients of a retail bank or other financial institution. It includes a wide range of wealth management services, and all provided under one roof.

How much does Chase charge for private client account? ›

There is a $35 Monthly Service Fee for Chase Private Client Checking OR $0 when you have at least one of the following each statement period: an average beginning day balance of $150,000 or more in any combination of this account and linked qualifying (a) deposits / (b) investments OR, a linked Chase Platinum Business ...

What qualifies you for Chase private client? ›

At a bare minimum, you'll need to have at least $150,000 in liquid assets for Chase Private Client. You'll need to maintain this combined minimum balance across your eligible Chase deposit and investment accounts.

How do you get the Chase $2000 bonus? ›

Chase offers three bonus options depending on the amount you deposit. If you deposit between $150,000 and a penny less than $250,000, you can receive a $1,000 bonus. Between $250,000 and a penny less than $500,000, you'll get a $2,000 bonus.

What are the benefits of being private client? ›

As a Private Banking client, you can be assured of privacy, discretion and a high level of individual service in your financial affairs. Private banking ensures a high measure of integrity and compliance, ensuring that your financial information is kept confidential and secure.

What is the purpose of a client account? ›

Client accounts are most often used in the professional services industry by accounting firms and solicitors for the purpose of holding and managing client funds. Client accounts can be used as an alternative to bank mandates.

What is the minimum balance for Chase private client? ›

Chase Private Monthly Fees

Chase Private Client Checking has no Monthly Service Fee when you do at least one of the following each statement period: Option #1: Keep an average beginning day balance of $150,000 or more in any combination of this account and linked qualifying Chase checking savings, and other balances.

What is the minimum amount to open a JP Morgan account? ›

J.P. Morgan offers a variety of accounts to meet your specific needs. In most cases, you may open a J.P. Morgan account with as little as $1,000.

What is the minimum amount for JP Morgan private client advisor? ›

If you are happy with the recommended financial plan and investments, you then fund the account. You must have at least $25,000 to use J.P. Morgan Personal Advisors. You can transfer over cash, existing investments, or a retirement plan.

What is the 5 24 rule for Chase private client? ›

What is the 5/24 rule? Many card issuers have criteria for who can qualify for new accounts, but Chase is perhaps the most strict. Chase's 5/24 rule means that you can't be approved for most Chase cards if you've opened five or more personal credit cards (from any card issuer) within the past 24 months.

What is higher than Chase Private Client? ›

Best Banks for High Net Worth [2024]: Not Only for Millionaires. Chase Private Client is our top pick for assets under $1 million, while J.P. Morgan Private Bank makes sense for assets over $10 million.

What is the $3000 bonus at Chase Bank? ›

These are the bonus tiers: Earn $1,000 when you deposit $150,000 to $249,999.99. Earn $2,000 when you deposit $250,000 to $499,999.99. Earn $3,000 when you deposit at least $500,000.

Is the Chase $900 offer legit? ›

Chase Bank, serving nearly 90 million consumers, is rolling out a $900 bonus for anyone who opens up both a checking and savings account with them. It's being hailed as the bank bonus deal of the year, thanks to the hefty bonus and the easy-to-meet requirements. This offer is set to expire on July 24, 2024.

How can I get $600 from Chase? ›

$600 Chase Checking Account Bonus

Chase checking account bonuses start at $100 and go up over $600 in some cases. You can easily earn more than $600 with the Chase credit card offer on the Chase Sapphire Preferred® Card.

Does Chase give you $300 for opening an account? ›

The $300 bonus offer simply requires you to open an eligible new Chase checking account and set up qualifying direct deposits within 90 days. No Chase promotion code is needed to activate or claim the $300 bonus offer. You do, however, have to be a new customer to get the bonus.

What is the minimum amount for a private bank client? ›

Private banking minimum requirements are generally around $250,000 in investable assets, though some banks will set the bar higher than others. For example, the Bank of America private bank minimum requirement is $10 million.

Is private client banking worth it? ›

Private Banking Benefits

Clients with large accounts generally receive enviable rates and concierge-like service, guaranteeing them instant access to the employees working with their accounts. Private banking clients never have to wait in line or use a teller for services.

What is the minimum for citizens private client? ›

Citizens Private Client™ Checking requires a $200,000 monthly combined deposit and investment balance across your linked accounts.

What is the difference between personal and private bank account? ›

While personal banking serves the general public with standard banking services, private banking caters to the unique needs of high-net-worth individuals with personalised attention, sophisticated financial solutions, and exclusive investment opportunities.

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