How to close a Chase checking or savings account?

These days, the contest among fiscal institutions is huge. If you ’ re thinking about closing your bank report and looking for a better option—you may easily find one in no time .
Made up your mind ? In this lead, we ’ ll indicate you how to close a Chase check or savings account .
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Before you close your Chase account

The process to close the explanation is simple. But before closing your Chase check or savings account, there ’ s a small checklist of things you ’ ll privation to do inaugural.

1. Open a new account to have a backup ready

Before you close your report, it ’ randomness important to have another one open to transfer your funds there. If you need to open a new bill outside of Chase, do so earlier initiating the close action .

It’s a good idea to have a solid alternative ready. How about Wise? With a free multi-currency account you can hold more than 55 currencies and send money abroad with the mid-market rate plus a small and transparent fee.

2. Zero out the balance

The next step is to zero out the balance of your account. As we already mentioned, it ’ second best to transfer any remaining balances into another account. Using a savings bank explanation is always a better option than carrying besides a lot cash with yourself .

3. Review auto drafts, subscriptions and deposits

Make sure to examine your statements and transfer any car drafts like utility bills or cable car payments to another account. duplicate check all of your subscription services like Netflix, Hulu, and check if the account is even linked to Google Pay or Apple Pay .
besides, be sure to notify your employer or any clients of your modern account information sol deposit money routes correctly. This is where opening a new account ahead comes in handy .

4. Negative balance and fees

If your bill has a negative remainder or pending or unpaid bank fees, it ’ second important to pay those off before closing the account as amateur balances might affect your citation score with major citation agency .
How to close your Chase checking or savings account?

How to close your Chase checking or savings account?

presently, these are your options available to close a Chase account :

  • The simplest way is to close the account online. Just sign in to the account through Chase ’ s web site and under ‘ Secure message center ’, there ’ s an option to send an e-mail request to close the report. Within 2 business days, you should receive an answer that contains follow-up questions and instructions .
  • Go to a Chase branch and ask to speak with a banker and they can help you with closing the account. Make sure to verify your identity first with your personal information such as social security count, driver ‘s license—or ID circuit board.

  • Call the Chase Bank customer service number at 1-800-935-9935 and follow the instructions to verify your report information. From there, you can speak with a banker and request to close the account .
  • Alternatively, submit a request via mail to : National Bank By Mail, P.O. Box 36520, Louisville, KY 40233-6520 .

Does Closing your Chase Account Affect Your Credit Score?

You can close your Chase account without affecting your credit rating score arsenic long as you follow the steps on what to do before closing your score. If your account is in good stand with no unpaid fees or a negative balance, there ’ s no reason it should negatively affect your score .
Looking for alternatives? Meet Wise.

Looking for alternatives? Meet Wise.

If you ’ rhenium looking for an alternate to big banks, possibly it ’ second time to meet Wise. You can open an report on-line for free and manage your funds from anywhere in the global. Save up to 7x on money transfers with low, diaphanous fees. Start sending money at the mid-market pace and with no currentness mark-ups through Wise nowadays !
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Frequently Asked Questions

Is there a fee for closing a Chase bank account?

There is no direct fee to close your bill, but make certain to double-check if your account international relations and security network ’ deoxythymidine monophosphate overdraw – and the poise is at zero .

How long does it take to close a Chase bank account?

anywhere from 1-2 clientele days if the account counterweight is in dear standing.

Is it bad to close a checking account?

It ’ s not a bad thing, there are batch of services on the market—one of them is Wise .
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