Four Easy Ways To Close Chase Checking Account

Have you decided to close your Chase Checking account? Maybe you have realized that their promise of a “free” checking account but actually it is bait for the hidden fees they charge you.

Are you frustrated with the highest balance requirements, unnecessary monthly service charges, disrespectful wire transfer fees, and overdraft penalties?

If you have just found a bank that caters to your unique needs. Following the right procedure will help avoid unnecessary fees, charges, and complications. We have given instructions on how to proceed through the process from beginning to end and what to look for.

In this post, there are four ways to do this and guidance. Let’s check it out.

How to close a chase check account

Regardless of which checking account you have:

  • The “Chase Total Checking” account for which you must pay $12/month,
  • The “Sapphire Checking” for which Chase charges $25/month, or
  • The “Premier Plus Checking” account, which also has a $25/month fee,

You can close it permanently in three business days.

Here are four of the most convenient ways to close a chase checking account:

1. At a branch

  • One way to close your account is to personally close your account by visiting the Chase branch.
  • You don’t need to search for the nearest chase branch. Their official website provides a tool to find a branch nearby.
  • Go to the Chase website and click on the “Find Branch or ATM” link at the top.
  • When you click on that link a pop-up search box appears where you can enter the account, address, zip code, city, or state to search.
  • Once your parameters are entered there, press the “Search” button or use the same “Advanced Search” option to filter branches using parameters such as “Open on Sunday”.
  • Visit the branch that is convenient for you and ask to speak to an account executive.
  • Make sure you have a valid ID, your Social Security number, proof of address, and other documents.
  • There the executives will guide you through the steps and you will be able to complete some formalities in minutes

2. Using The Website

To close a chase checking account using the website is actually not the fastest way, but it is surely the easiest way.

  • If you are closing a chase checking account through the website, you must first log in to the official chase banking site using your correct username and password.
  • You will then need to navigate to the Secure Message Center.
  • A request to close an account from this section of the website must be emailed to the Chase Customer Service department.
  • If you want to close a chase checking account, you will usually receive a response within two business days to asking for confirmation. For that, you may be asked for some follow-up details and information about account closure.
  • After confirming your request, a banker will close your account and then send you a confirmation email.

3. By Phone

The third way is to close a chase checking account by phone. If you do not have access to a local branch or are having trouble using the online portal that is a great option.

  • You should make an official call to Chase Customer Support at 1-800-935-9935 and press 0 to contact a customer service representative immediately. Let them know you want to close your checking account.
  • Then, you will be asked to verify your identity by entering the last four digits of your Social Security number, your date of birth.
  • The representative will help you to close the account once you have verified all the information.
  • Representatives are available for 24 hours and seven days a week to help. So you can call anytime to close a chase checking account.

4. By Mail

You can also submit an account closure request by writing to:

National Bank By Mail 

P.O. Box 36520

Louisville, KY 40233-6520. 

If you need rush delivery you can mail your request to:

National Bank By Mail 

Mail Code KY1-0900 416 West Jefferson, Floor L1

Louisville, KY, 40202-3202.

Make sure you include your name, phone number, account number, and address there. These steps also helpful for  close a chase credit card account

What Happens After Your Chase Checking Account Is Closed

After your account is closed, the remaining balance in the checking account is sent to your registered/requested address.

You can also request a transfer of funds to another Chase account.

If you do not receive a check within two weeks, you can contact Chase Customer Service.

Things To Remember Before Closing Your Chase Account

  • If you close your checking account within 90 days of opening an account, Chase will charge you $25.
  • If you do not carefully recur the payment to another account, your account will be reopened.
  • There must be a penalty if the account is reopened, so you need to make sure that you have reset the automatic transactions to another bank account with annual subscriptions.
  • Also, remember to transfer bills for other necessities, such as gas, electricity, and water bills.
  • If your salary is credited to your account, you can talk to your employer and transfer it to a new bank account you expect to pay in at least a week.
  • You need to check if you have not paid any overdue bank fees. This affects your credit score, as we explained in the next section.

Does Closing A Chase Checking Account Affect Credit Score?

  • No, the credit score will remain unchanged.
  • However, if you have a negative overdraft balance on your account, it can affect your credit score.
  • Due to collection agencies, Chase will pass the details of the amount. Collection agencies then report to credit bureaus by reducing your credit score.
  • Make sure you clear all dues before closing your Chase Checking account.
  • Closing your chase account is much easier than you think.

Choosing any of the four methods we describe in this post will make it easy for you to close your account in three business days.

Related Post: How to close a bank of America credit card account?

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