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What do i need to start a bank account at chase?

April 26, 2017bank account Business Chase Finance personal finance

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What do i need to start a bank account at chase?

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Well the short answer is money, but don’t put more than $100K in any one account at this time because it’s looking like 1929 all over again. FDIC insures only the first $100K so open a checking or money market account plus a savings account, seperate your money between those two or three accounts in order to be protected against bank failure.

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Consolidate the money, go to a Chase branch, ask what kinds of accounts they offer, pick the best one and get a statement to prove the initial deposit. That will be the start of a bank account at Chase or any other bank you may choose.

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Chase usually wants some sort of direct deposit situation set up when they start a new account. They sometimes offer you a $100 if you have a certain intial deposit.

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you need id both pictured and a social security card a passport and drvers license would be good