How To Close Chase Checking Account: Here’s The Cheat Sheet You Need!

If you are wondering how to close Chase checking account? You have landed on the right page. In this guide, I will show you how you can close a Chase account. Trust me! The process is pretty straightforward!

All you have to know are the key details for a better and smoother transition.

Chase is one of the largest banks in the US, no doubt! Chase currently serves 80 million consumers and approximately 6 million small businesses.

Not only that! Chase’s digital platform is also experiencing significant growth, with approximately 67 million active digital banking users.

But? It may not be perfect for everyone. It can happen.

There may be certain services, such as minimum balance requirements or other features, that don’t fully match with all your needs. I even closed my Chase account after using it a few times. Well, I have a different reason, though!

I already had two existing bank accounts at another bank, so managing all of them was a bit challenging for me.

But your reason may not be the same as mine! The features might make you feel overwhelmed. In such cases, there is only one thing that you can do: shut the account down.

So, let’s take a look at how to close Chase checking account!

First Things First! Just Remove All Funds From Your Account!

Before you think about how to close Chase checking account! First, you need to determine how to prepare yourself for the closing part of it.

First, you need to open a new account at another banking institution where you can transfer all your funds.

If you already have an existing one, you can transfer the amount to that account as well. Whatever seems comfortable to you!

Now, if you are not comfortable with such a large transfer, you can transfer a portion of the amount and withdraw the remaining balance in cash. That’d work too. 

Online Transfers 

If you are willing to transfer your money online, well, you have to log in to your Chase account. You can use your mobile application and website if necessary. Best part? There is no charge for outgoing transfers.

However, when it comes to Chase International wire transfer fees, they are a little different from the regular transfers.

Also, there is one thing you have to remember: these types of transactions might take around three business days.

Wire Transfer

Wire transfers are a quicker way to send large amounts of money within or outside the US. The amount that you are willing to transfer mostly depends on the funds in your account, along with the limit that has been set by your bank. 

You just have to sign up for the wire transfer. That way, you can see the daily transfer limit and further add the recipient once they request it.

Cash Withdrawal

Let’s say the remaining balance in your account is low. In that case, you can always withdraw the cash by using an ATM. You can also visit a local bank branch.

Chase generally incurs a $3 fee for each withdrawal made at a non-Chase ATM in the United States, Puerto Rico, and the U.S. Virgin Islands. Regarding the other area, they may charge you $5 per withdrawal.

Now Comes The Next Crucial Part: Managing Automatic Payments 

If you are planning to close your Chase account, you must not forget to update or cancel the automatic payments that are linked to your account. These include:

• Utility bills; 

• Subscriptions or recurring services; 

• Government payments and benefits; 

• Loan or mortgage payments; 

• Credit card payments; 

• Contributions to retirement or investment accounts. 

• Salary or wage deposits; 

• Investment dividends; 

• Automated transfers 

You just have to log in to the Chase online support. Once you land on the page, you will need to locate the automatic payment section. 

The option allows you to cancel, edit, update, and transfer all these transactions. If any issue occurs, you can also contact the Chase customer service or let your branch representative know!’ 

And Here Comes The Main Part: How To Close Chase Checking Account 

So, how to close Chase checking account? The answer is that it is not that difficult. You just need to keep yourself prepared for the process. That way, you will have a smooth closure through any process that you’d choose.

You can choose the online process, by phone, by mail,, or even visit the bank in person. Let’s take a look at the ways in detail:

Online

Well, even though there is no single click option to close Chase checking account, you can still do it from a remote location.

Once you enter your banking profile, you can then go to “Secure Message Center”. There, you can send a message that explains why you want to close the account.

In general, Chase makes a response within 2 business days, along with all the details that you need.

By Phone

There is another way to close your Chase savings account or checking account. You just have to make a call to the customer service at:

• 1-877-469-0110 (if you are living within the US) 

• 1-318-340-3308 (if it is an international one) 

This way, you can inform the banker about your intention of closing the Chase account. The representative will help you in this process. If required, they might also ask you to send some additional documents for the verification and security part of it.

In-Person visit

The third option that you have is to visit your nearby Chase branch and talk to a representative about the account closing part of it. They will provide you with all the necessary forms that you may need to close the account and further help you to complete the entire process.

By Mail

Mailing is probably the safest and most convenient method, and it is still available. All you have to do is write an email requesting to cancel your current Chase account.

While sending this mail, you have to ensure that it contains your personal details like your full name and address, phone number, email, account number, and your signature. 

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