Chase Premier Savings Account review

Savings account that rewards your money from the first dollar with a higher return than the Chase Savings Account and that offers total availability of your money without penalties for withdrawing any amount.


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Commissions
Account management: $ 25 montly. You can avoid it with a Sapphier or Premier Plus account or with a balance of $15,000 USD
Check deposit: $ 0
Check writing: $ 0 You can't issue standard checks.
Transfers: $ 0 the first 6 transfers or funds withdrawals each month.
Profitability
APY: 0.02%
Rate of interest: Fixed
Interest settlement: Monthly
Advantage
Checkbook: No checkbook

Additional information of Chase Premier Savings Account

Cuenta Chase Premier SavingsThe Chase Premier Savings account from Chase Bank is an upgraded version of Chase Savings, giving you the ability to earn more for your money if you meet the required conditions.

The account allows you to make up to 6 transfers or withdrawals per month without paying anything, after the seventh it will cost you $5 each. In addition, you will not have an interest penalty as it happens with certificates of deposit, since you have total availability of your money.

It has a $25 monthly fee that you can avoid if you have a Chase Premier Plus Checking or Chase Sapphire Checking account. You can also save it if your balance is over $15,000.

How to get the maximum interests

In order to achieve a higher return, the requirement is to contract one of the two checking accounts mentioned above or make at least 5 transactions in a monthly account statement period.

If you do not meet any of the conditions that make your return higher, you will receive the same compensation as with the Chase Savings account.

Currently, the interest applied by these savings accounts is very low, so if you know that you are not going to need your money in the medium term, it is more advisable to contract a certificate of deposit, with which you will obtain a much higher return.

Español: Cuenta Chase Premier Savings