Safe Deposit Box Chase

No annual rent for a 3” x 5” Safe Deposit Box or smaller (20% discount on larger sizes); sizes are subject to availability and boxes may not be offered in all branches No Chase fee on the first four non-Chase ATM transactions each statement period. Fees from the ATM owner/network still apply.

1. Safe Deposit Box Chase Bank Appointments
2. Free Safe Deposit Box Chase
3. Chase Bank Safe Deposit Boxes
4. Safe Deposit Box Chase
5. Open Safe Deposit Box Chase
6. Safe Deposit Box Rental

• Chase Bank safe deposit box holders were surprised recently when they received a letter titled Updated Safe Deposit Lease Agreement In addition to raising the rental rate for the box the Bank further implemented rules that prohibit box holders from storing money coin and currency in the box unless it is of a collectible nature.
• To find open branches, updated hours, nearby ATMsand for details on how to access your safe deposit box, go to the Chase Mobile app or chase.com/branch If you need help with your accounts,schedule a meeting with a Chase banker at chase.com/meetingor go to chase.com/CustomerService. What we're doing in our branches.
• Higher Chase QuickDeposit SM limits ($100,000 per day and $250,000 every 30 days) 5. For the first 90 days as a Private Client QuickDeposit℠ limits are $25,000/day and $100,000/30 days. Higher Chase QuickPay ® with Zelle ® limits ($5,000 per day and $40,000 every 30 days) 6.
• Banks With Safe Deposit Boxes Deposit Boxes The following banks and credit unions offer safety deposit rental services for their customers and account holders. We obtained up-to-date pricing information either from the bank’s website or by contacting customer service.

Chase Bank Fees

A large international bank like Chase gives customers access to a huge network of ATMs and branches almost anywhere, however, it also typically charges fees for its accounts. These charges include Chase overdraft fees, monthly services fees, checking account fees, wire transfer fees and ATM fees for using a non-Chase machine. Chase bank does also offer up to date options for mobile and online banking.

Banking with Fee-Free Overdraft

✓ Overdraft up to $100 with no overdraft fees

✓ No hidden bank fees

✓ Grow your savings automatically

Signing up is free and takes less than 2 minutes.

Learn how we collect and use your information by visiting our Privacy Policy›

How Much Does It Cost To Open A Chase Bank Account?

The minimum deposit for a Chase bank account depends on what type of account that you want to open. Chase bank offers three types of checking accounts: Chase Premier Plus Checking, Chase Total Checking and Chase Premier Platinum Checking. All three of these types of accounts have a monthly maintenance fee. The most significant difference between the three types of Chase checking accounts is that Chase Premier Plus accounts, both the regular and Platinum accounts, pay interest but Chase Total Checking does not.

Chase Total Checking

Chase Total Checking is a basic checking account. The monthly service fee for a Total Checking account is $12, but there are ways that you can get that service fee waived. Total Checking requires a minimum deposit of $25 to open an account. That $12 fee is cut in half for students currently enrolled in high school or college. Total Checking account holders pay no Chase ATM fees at any in-network ATM and deposits can be made at in-network ATMs as well. Total Checking account holders also have full and free access to Chase’s online banking and online bill paying features.

Chase Premier Plus Checking

For people who want to earn interest on their money, there is the Chase Premier Plus checking account. This account has a higher service fee of $25 per month. The current interest rate paid on the balance of the account is 0.01% although that does change. The minimum amount required to open a Premier Plus checking account is $25. Those who have the Premier Plus checking account also can use any of Chase’s in-network ATMs for free and get 24-hour online banking access and online bill pay as well as Chase customer service.

Safe Deposit Box Chase Bank Appointments

People who open a Premier Plus checking account also get the standard fee for using an out-of-network ATM waived for up to four transactions per month. Chase Premier Plus checking account holders also don’t have to pay a fee on any other Chase accounts that they hold.

Chase Premier Platinum Checking

The monthly service fee for a Premier Platinum account is $100 but it is possible to get that fee waived. And the Premier Platinum checking account comes with big perks. You will get all the perks that come with a Premier Plus checking account plus:

• No ATM fees, even out-of-network
• No fee for personal checks
• No fee for cashier’s checks or counter checks
• No fee for debit card replacement
• No fees for returned items or insufficient fund items
• No wire transfer fee
• No extended overdraft fee
• Free annual use of a small safe deposit box

Another benefit is priority service and 24-hour live help. You’ll always be able to reach an actual human being to help you manage your account or answer your banking questions with a Chase Premier Platinum account.

Types of Fees

Here is a basic rundown of the types of fees charged for savings accounts, checking accounts, overdraft and more:

Savings Accounts

The basic monthly fee for a Chase saving account is $5. However, saving account fees are waived if you have a savings account that is tied to a Premier Plus or Premier Platinum checking account. You can also get the saving account fees waived if you have a minimum daily balance of $300 or more or if you have an automatic repeating transfer of $25 or more into the savings account each month. If you have a Chase savings account and you are under 18 years old, there is no monthly service fee.

Checking Accounts

Chase Total Checking accounts have a $12 monthly fee for everyone except students. Students pay a Chase monthly checking account fee of $6. Total Checking account fees can be waived if you have a daily balance of $1500 or more. You can also get the monthly fee waived if you have more than $500 in Direct Deposits each month into the account. The third way to avoid paying the monthly fee is to maintain $5000 or more in deposits or investments across several Chase accounts.

The Chase Premier Plus checking account comes with a $25 monthly fee. Customers can get that waived by maintaining a daily balance of $15,000. The monthly fee can also be waived if you have a Chase first mortgage and you are enrolled in automatic payments on that mortgage.

The monthly service fee for a Chase Premier Platinum account is also $25. That fee is waived if you maintain a daily balance of $75,000 or more.

Chase ATM Fees

Chase doesn’t charge an ATM fee if customers use any of the 16,000 network ATMs. There is a $2.50 fee per transaction to use any ATM that isn’t in the Chase network within the United States. Using an international ATM that isn’t in the Chase network will cost $5 per withdrawal and $2.50 for a balance inquiry or to transfer money. Those are on top of any fees that the ATM owner charges. The ATM withdrawal limit is $1000 per day.

Overdraft And Insufficient Funds Fees

Chase overdraft fees are $34 per item that is returned or has insufficient funds. Items that are less than $5 or overdraw the account by less than $5 won’t be charged the $34 fee. Up to three overdraft charges can be assessed per day. In addition to the $34 overdraft fee per item if the account stays overdrawn for more than five days there is an additional $15 charge every five days called an extended overdraft fee.

Penalties and Withdrawal Limits

If you have a Chase savings account there are withdrawal limits you need to know about. If you make more than six withdrawals from your savings account in a month, Chase will charge a $5 fee, and they will also automatically change your savings account to a checking account.

A safety deposit box, also known as a safe deposit box, is an individually locked box held within a larger vault, usually in a bank. The boxes come in a range of sizes and can be rented on an annual basis. People use them to store valuables, documents and other valuable items they want to be kept safe. Read on for more information on how much they cost, where you can rent one and why you might need one.

Are Safety Deposit Boxes Secure?

In terms of access, safety deposit boxes are very secure. Typically, each comes with two keys needed to open the box: one held by the bank and the other held by you, the box’s owner. When you go into the bank to access a safety deposit box, banks require identification. If someone else needs to access your box, they will need prior authorization from you. For extra security, don’t put any identifying information on your safe deposit box key, like the box number or bank’s name. This way, if you lose your key or someone steals it, no one will know what it belongs to.

Safety deposit boxes are housed in vaults with thick doors and walls, reinforced to keep them safe during hurricanes, tornadoes and other natural disasters. However, no space is entirely safe from natural disasters. You may want to place your items in waterproof containers to prevent water damage.

This might not sound any better than placing items in a safe at your own home. However, a thief can more easily break into your home and home safe than into a bank vault and deposit box. In case of a home robbery, robbers could force you to open your home safe or take the safe and open it by other means. Even if robbers broke into a bank’s vault, they could not open your deposit box without your key.

Storing items in a safe deposit box does offer a safe physical space for your valuables. However, in the event that they are somehow stolen, they may be less protected. Neither the bank nor the FDIC insure the contents of safety deposit boxes. Banks will not reimburse you for theft or damage, either. If you want to insure your items, you’ll need to get that coverage yourself. You can find a property insurance agency, a safety deposit box-specific agency or add a special policy to your homeowners insurance.

Free Safe Deposit Box Chase

What Should You Store in a Safety Deposit Box?

Due to their secure nature, safe deposit boxes are an ideal place to store valuables and important documents. People typically store personal and property files, including original birth certificates, insurance policies, property deeds, car titles and U.S. bonds. You can also store items like gold coins, family heirlooms and photo negatives. Again, you may want to place paper items in waterproof containers for extra protection.

You shouldn’t use a safety deposit box to store passports, revocable living wills and powers of attorney. These are documents that need to be reached without jumping through too many hoops. You also should avoid storing cash in your safe deposit box. Not only is it against the rules of many banks, it’s also safer in an FDIC-insured bank account. Plus, stashing cash in a high-yield savings account can grow your money rather than let it sit idly.

Do not use safety deposit boxes to store any items you might need quickly, especially in an emergency. You can only access your safety deposit box during the bank’s business hours. If an emergency comes up in the middle of the night and you need something from your safety deposit box, you won’t be able to access it until the morning.

It’s important to remember that no one can get into your safety deposit box unless you have pre-authorized them. Therefore, you may not want to store anything like medical directives or funeral arrangements. In those cases, you may not have time to pre-authorize anyone to access those documents. If you absolutely want to place these documents in a safety deposit box, you may want to authorize a trusted partner to access your safe deposit box in case of an emergency. That can minimize the risk of losing the box’s contents.

Chase Bank Safe Deposit Boxes

How Much Do Safety Deposit Boxes Cost to Rent?

The cost to rent a safety deposit box depends on the size of the box and location of your bank, ranging from about $20 for a small box to $200 for a large one. A small box is typically 3 inches by 5 inches, the size of an index card, and a foot long. Safe deposit boxes come in a range of sizes up from there, with the largest being 10 inches by 10 inches and two feet deep.

Prices not only differ between banks but can also vary by bank location. You should call your local bank branch to find out the annual rental costs for their safety deposit boxes. If you have a checking account, it may include a free or discounted box in its perks. If you don’t pay your rent for the box, the bank will seize the contents, so be sure to pay.

The table below has common rent prices for a safety deposit box at six major banks. Again, actual prices and availability will vary by bank and by location.

Where Can I Rent a Safety Deposit Box?

The safest place to rent a safety deposit box is a bank where you have an account. Banks specialize in storing money and they typically have dedicated, secured vaults for safety deposit boxes. If you want to rent a safety deposit box, call or visit your local bank branch. Often, there are waiting lists for safety deposit boxes. This means you may not get a box at the same time you go to open one. You may even decide to shop around to find a bank with available space.

If you just need to store copies of important documents and information, you can also try a virtual safety deposit box. Fidelity is one company that offers this service, providing free encrypted storage space to users. This is a convenient way to keep copies of files like birth certificates, passports, property deeds and more. An added benefit is the ability to access the files from any computer in the world, in case of emergency while traveling.

Bottom Line

Safe Deposit Box Chase

Safety deposit boxes offer a secure place to store your most valuable items. Banks and their heavily protected vaults are designed to protect its contents safe from theft and natural disasters. However, it’s not ideal for all valuable items, like passports or your will. You’ll still want to keep these items safe, of course, just more accessible than in a safety deposit box. If you’re thinking about opening a safety deposit box with your bank, you should call sooner rather than later since there may be a wait list.

Tips for Safe Banking

Open Safe Deposit Box Chase

• No matter where you bank, your money and information are at risk of being stolen and used by fraudsters. Monitor your checking and savings accounts periodically and check your bank statements carefully to ensure you have authorized each transaction.
• If you’re ever transferring money electronically, you’ll want to make sure you know exactly who you’re sending it to. This is especially true for transactions like wire transfers, where it’s crucial you have all the correct information.

Safe Deposit Box Rental

Photo credit: ©iStock.com/simonkr, ©iStock.com/kali9, ©iStock.com/Tashi-Delek