JPMorgan Chase & Co. (NYSE: JPM), a prominent global financial services company with $2.6 trillion in assets and operations globally, owns Chase, which is its consumer and commercial banking division in the United States. Nearly half of American homes receive a wide range of financial services from Chase Bank. 15500 ATMs and more than 5300 branches nationwide.


This is the background of the recognizable logo.

People all throughout the world can recognize the apple, the swoosh, and the golden arches without ever needing to see a word. When designers constructed the octagon for Chase Manhattan Bank about sixty years ago, that was precisely what they had in mind.
The former design included the words “Chase Manhattan Bank,” “Worldwide Banking,” and, gasp, “Chartered in 1799,” together with an outline of the United States and an inset of the globe.
Eight designs were showcased by the design firm Chermayeff & Geismar Associates, among them a sleek octagon they described as “a simple yet powerful geometric form embodying a strong feeling of motion and activity.”
The octagon’s four basic colors—black, brown, green, and blue—stand for forward motion, and the white square in the center denotes that advancement starts there. The designers observed that “the symbol is a single unit made up of separate parts, like the bank itself.”
One of the first abstract corporate logos was the geometric design, which undoubtedly led to a shift in branding and marketing that companies like Nike, Apple, and McDonald’s have since adopted.

Through a series of mergers with several large and minor organizations, Chase Manhattan has established itself as the largest bank in America nearly sixty years later. And in a world that is becoming more and more digital, the logo is still strong.
Consumers are familiar with it from millions of credit and debit cards, thousands of ATMs and branch locations, mobile devices, and the internet. Even with minor color and typeface adjustments throughout time—Chase switched to a solid blue octagon in 2004—the logo is still a potent and instantly identifiable representation of the Chase brand.


Chase Bank boasts more than 4,700 locations and 16,000 ATMs, making it a full-service bank. It was established in New York City in 1799 to provide drinking water to the city’s residents. Its charter contained a modest clause that permitted banking operations with excess capital, and it formed a bank as the Bank of Manhattan Company in less than five months.
With $2.6 trillion in assets globally, the largest financial institution in the United States has been formed by the consolidation of more than 1,200 institutions during its lengthy history. You can determine whether the online banking behemoth’s deposit accounts are suitable for you by reading our comprehensive analysis of it.


Merits and Demerits


  1. Large footprint to meet your demands in banking
  2. The option to forgo checking charges
  3. Popular credit cards with perks and recognizable brand


  1. A small number of locations in some states
  2. Required daily balance to avoid penalties
  3. Chase 24/5 Credit card regulations

Pros Described

With over 4,700 retail branch locations across the US, Chase Bank has a large footprint to meet your banking needs. Customers can also use 16,000 Chase Bank ATMs without paying any additional fees. When there isn’t a Chase Bank branch or ATM nearby, consumers can still access their accounts online or via the Chase Bank mobile app.
The ability to avoid monthly costs for checking accounts: Customers can avoid monthly maintenance fees for checking accounts by either adding $500 to the account that month, keeping a minimum balance of $1,500, or having a $5,000 initial average amount across all connected Chase accounts.
Popular credit cards with well-known brands and rewards: There are 35 rewards credit cards available from Chase, 26 of which are personal and 9 of which are for small businesses. You can achieve your objectives of cash back, travel rewards, or balance transfers with credit card alternatives.

Cons Described

Few branches in some states: Chase Bank does not have enough presence in certain states. Alaska has no branches, Vermont and Wyoming have two, and Mississippi has four.
The required daily balance to avoid costs is: Compared to an average daily balance, this might be more difficult to maintain. You might be assessed the monthly fee if, on any one day throughout the month, your balance is less than this minimal amount.
Chase Bank has one of the tightest unwritten credit card acceptance policies in the business, known as the 5/24 Rule. The majority of the bank’s credit cards will not be authorized if you have opened more than five new credit accounts there in the previous 24 months.

What Is Provided by Chase?

A large bank like Chase Bank provides a wide range of accounts and services, as one might anticipate. To suit their needs, customers can choose from a variety of checking accounts, savings accounts, credit cards, certificates of deposit (CDs), and other lending products. Customers who use numerous Chase products are rewarded by the bank with lower pricing and the chance to consolidate accounts to save costs.

Conserving Funds

Chase Bank has two conventional savings accounts available. While the Chase Premier Savings account offers greater relationship rates to customers with larger balances, the Chase Savings account just offers one interest rate for all balances. In addition to offering tiered interest rates based on account balance, the Chase Private Client Savings account is available to customers who meet the requirements for Chase Private Client designation.

There are several ways for customers of Chase to avoid paying monthly savings account fees.

Chase Savings: Must be 17 years of age or younger, have the account linked to an eligible Chase checking account, have the account linked to a Chase College checking account (for overdraft protection), and maintain a beginning balance of at least $300 every day. Must also maintain a monthly autosave of at least $25 from a Chase checking account.
Chase Premier Savings: Must be connected to a Chase Premier Plus or Sapphire checking account, or maintain a minimum daily balance of $15,000.
Savings for Chase Private Clients: There are no monthly fees to waive because only Chase Private Client members who have fulfilled the prerequisites for both the checking account and Chase Private Client are eligible for this account.

Credit Cards:

To meet the needs of its clients, Chase Bank provides a variety of credit cards. For personal accounts and small business clients, options include rewards credit cards with cash back and points that can be earned. Numerous co-branded credit card alternatives with hotels, airlines, and other partners are available with the rewards credit cards.


The Chase Bank rewards cards are as follows:

Co-Branded Credit Cards with Rewards
Credit Cards with Cash Back
Cards for Business Credit


Investopedia is committed to provide customers thorough, objective bank reviews. We gathered more than 20 points data from more than 80 institutions, including products offered, interest rates, costs, and accessibility, to make sure our material guides customers toward the best choice for their banking and savings requirements.


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