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

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.

Footnote3

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.

Footnote4

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

Footnote5

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.

Footnote6

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.

Footnote7

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.Any time you review your balance, keep in mind it may not reflect all transactions including recent debit card transactions or checks you have written. A qualifying Chase transfer account is required to transfer funds by text.

Footnote8

Special Provisions for Card Transactions (Zero Liability Protection): 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 counts towards Chase private client? ›

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.

Is it hard to become a 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.

Who gets invited to Chase Private Client? ›

How to Qualify for Chase Private Client. To qualify as a Chase Private Client, you need to have a daily average of $150,000 in Chase investments and accounts. You can also gain access to Chase Private Client benefits if you share an account with an immediate family member who is a Chase Private Client.

What is the limit on Chase private client debit card? ›

ATM withdrawal limit up to $3,000. Purchase limit up to $7,500 with your Chase Private Client debit card.

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 the $3000 bonus at Chase Bank? ›

Chase Private Client Bonus

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.

What is the minimum balance for JP Morgan Private Client? ›

JP Morgan Chase's private bank has been raising the minimum amount of assets you need to become of its clients slowly and steadily for many years. Early this year, it announced that the minimum asset level to remain a private banking customer would double from $5m to $10m.

What does a private client banker do at Chase? ›

I work in the private banking team. We help manage our clients' wealth. And we do the most basic things like credit cards and helping them with their daily needs, as well as succession planning, structure, and complex lending operations.

How do I get my Chase private client bonus? ›

You're eligible for up to a $3,000 bonus when you open a new Chase Private Client Checking℠ account with qualifying activities. Speak with a Private Client Banker to open your Chase Private Client Checking℠ account today. Schedule your meeting at your nearest branch or over the phone.

Can I pay $10,000 with my debit card? ›

Yes, banks have debit card limits for how much you can spend or how much money you can withdraw at an ATM. Daily purchase limits can range from $300 to $10,000. Daily withdrawal limits for debit cards can vary from $200 to $5,000.

How do I close my Chase private client account? ›

How to Close a Chase Bank Account: Options and Methods
  1. Though Chase doesn't offer “click-of-a-button” convenience for closing your account, you still can do it remotely. ...
  2. Call Chase customer service at (800) 935-9935. ...
  3. Visit a Chase branch near you and speak with a bank representative personally.
Dec 26, 2023

What is a private client checking account? ›

Private banking is an elite service that generally features concierge-like attention to your finances, plus other perks and customized financial services. In most cases, however, only high-net-worth customers can access private banking.

Is Chase Private Client Advisor worth it? ›

It's good for high-net-worth individuals who want an all-inclusive banking and investment experience. It's also worth considering if you perform a lot of banking actions that currently cost you fees. The fee waivers can add up to a lot of savings. The home and auto loan rate discounts are also valuable.

What is the minimum balance for JP Morgan Private Bank? ›

JP Morgan private bank minimum requirement is $10 million. Chase private bank minimum requirement is an average beginning day balance of $150,000 or more. Morgan Stanley private bank minimum requirement does not exist.

What counts as income Chase? ›

Key Things to Know About Chase Credit Card Income Requirements. The income you list on a credit card application doesn't necessarily have to come from a job. Chase will also consider things like Social Security benefits, unemployment insurance, alimony payments, pension distributions, investment returns and more.

How do you get the Chase $2000 bonus? ›

  1. Open a new Chase Business Complete Checking® account. Chase offers the option of opening an account online or at a local branch.
  2. Deposit and maintain a balance of $2,000 in your account for 60 days. ...
  3. Make at least five qualifying transactions within 90 days of enrollment. ...
  4. Wait 15 days for your bonus.

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