You can open a Chase savings account entirely online without visiting a branch

Chase lets you open a savings account from your computer or phone in about 15 minutes. You'll need a valid ID, a Social Security number, and an initial deposit (usually $0 to $25, depending on the account type). The whole process happens on Chase's website or mobile app—no appointment, no paperwork to mail in, no waiting for anything in the post.

The account is active and ready to use as soon as you finish. You can start transferring money, setting up automatic deposits, or linking it to other accounts right away. If you already have a Chase checking account, the process is even faster because Chase already has your information on file.

Key Takeaways

  • Go to chase.com, click "Open an Account," and select the savings product you want—Chase offers several types with different interest rates and minimum balances.
  • You'll need your Social Security number, a valid government ID, your current address, and an initial deposit method (debit card, bank transfer, or existing Chase account).
  • The entire process takes 10 to 15 minutes and the account opens immediately; you can start using it the same day.
  • If you're under 18, a parent or guardian must open the account with you, either online or at a branch.
  • Chase will verify your identity using information from credit bureaus and may ask security questions to confirm your identity before finalizing the account.

What you need before you start

Gather these items before you begin: a valid government-issued ID (driver's license, passport, or state ID card), your Social Security number, your current mailing address, and a way to fund the account. For funding, you can use a debit card, transfer money from another bank account, or move money from an existing Chase account if you have one.

Chase will also ask for your phone number and email address. Make sure both are current and that you have access to them during the signup process—Chase may send a verification code to your phone or email to confirm your identity.

If you're opening the account as a minor (under 18), you'll need a parent or guardian to complete the process with you. Chase requires a joint account holder who is at least 18 years old. You can do this online together or visit a branch in person.

Step-by-step: opening the account online

Step 1: Go to the Chase website or app. On a computer, go to chase.com. On your phone, open the Chase mobile app. Look for "Open an Account" or "New to Chase?" and click it.

Step 2: Choose your savings account type. Chase offers several savings products: Chase Savings, Chase Premier Savings, and Chase Sapphire Savings. Each has different interest rates and minimum balance requirements. Read the details for each and pick the one that fits your needs. If you're not sure, Chase Savings is the standard option.

Step 3: Enter your personal information. Provide your full name, date of birth, Social Security number, email address, phone number, and current mailing address. Chase uses this to verify your identity and set up your account.

Step 4: Verify your identity. Chase will ask security questions based on your credit history or may request a photo of your ID. Answer the questions or upload a clear photo of both sides of your ID. This step usually takes a few minutes.

Step 5: Choose how to fund the account. Select your funding method: debit card, ACH transfer from another bank, or transfer from an existing Chase account. Enter the card or account details and the amount you want to deposit. The minimum is often $0, but some account types require $25 or more.

Step 6: Review and confirm. Read through the account terms and conditions. Check the box to agree, then click "Open Account" or "Submit." Chase will show you a confirmation screen with your new account number and routing number.

When your account is ready to use

Your savings account is active immediately after you complete the online signup. You can log into your Chase account online or through the app and see your new savings account listed alongside any other accounts you have. The money you deposited appears in the account within one to three business days, depending on your funding method.

If you funded the account with a debit card, the deposit usually shows up within one business day. If you transferred money from another bank using ACH, it may take two to three business days. Transfers between your own Chase accounts are instant.

Once the account is open, you can set up automatic transfers, link it to bill pay, or add it as a transfer destination for direct deposit. You can also order a debit card if you want one, though savings accounts don't come with a card by default.

What happens if verification fails or takes longer

If Chase cannot verify your identity during the online process, you'll see a message asking you to visit a branch or call Chase to complete the account opening. This happens occasionally if your information doesn't match Chase's records or if there's a flag in the system. It's not a rejection—it just means you need to verify in person or by phone.

Call Chase at the number on their website (usually 1-800-935-9935) or visit a local branch with your ID. A representative will verify your information and open the account for you. This usually takes less than 10 minutes at a branch.

In rare cases, Chase may decline to open an account if you have a history of fraud, unpaid fees at another bank, or issues with ChexSystems (a banking history database). If this happens, Chase will send you a letter explaining why. You can dispute the information with ChexSystems if you believe it's wrong.

Linking your new savings account to other banks

After your account opens, you can link it to accounts at other banks for transfers. In the Chase app or website, go to "Transfer Money" and select "Link External Account." Enter the other bank's routing number and your account number there. Chase will send two small test deposits (usually under $1) to that account to verify you own it. Once you confirm those amounts, the link is active and you can transfer money between the accounts.

Transfers from your Chase savings to another bank typically take one to three business days. Transfers into your Chase savings from another bank also take one to three business days. If you need money faster, use a Chase ATM or branch to withdraw cash.

Interest rates and account features

Chase savings accounts earn interest, but the rate varies by account type and changes based on the Federal Reserve's rate decisions. Check the current rates on chase.com before you open—they're listed next to each account option. The rate you see when you open is the rate you'll earn, though it can change in the future.

Most Chase savings accounts have no monthly maintenance fee if you keep a minimum balance (often $0 or $300, depending on the account). If your balance drops below the minimum, you may be charged a monthly fee. Read the account details to see what applies to the account you're opening.

You can withdraw money from your savings account anytime without penalty, but federal rules limit you to six withdrawals per month (this rule has been relaxed in recent years, but some banks still enforce it). Check Chase's current policy when you open your account.

Frequently Asked Questions

Can I open a Chase savings account if I don't have a checking account with them?

Yes. You can open a savings account with Chase even if you've never banked with them before. The online process is the same whether you're a new customer or an existing one. If you're new to Chase, the verification step may take slightly longer because Chase needs to confirm your identity from scratch.

What if I don't have a government ID?

You'll need a valid government-issued ID to open an account online. If you don't have one, visit a Chase branch in person with whatever ID you do have (passport, state ID, tribal ID, or military ID all work). A branch representative can help you open the account and may be able to work with alternative forms of identification.

How much money do I have to put in when I open the account?

Most Chase savings accounts have no minimum opening deposit—you can open with $0. However, some account types like Chase Premier Savings may require $25 or more. Check the specific account details before you start. You can always deposit more money after the account opens.

Can I open a savings account on my phone?

Yes. The Chase mobile app has the same account opening process as the website. Download the app, log in or select "New to Chase," and follow the same steps. The experience is slightly different on a phone (smaller screen, different layout), but you can complete the entire process from start to finish on your mobile device.

What if I already have a Chase account and want to add a savings account?

Log into your existing Chase account online or in the app. Look for "Open an Account" or "Add Account" and select the savings product you want. Since Chase already has your information, this process is faster—usually just a few minutes. You can fund it from your existing Chase checking account instantly.