Have you ever heard the statement “your money should make money while you sleep”? When you bank with America’s most prestigious financial institutions, this is certainly not the case. Large banks banded together in the distant past to charge you almost $329 per year for the right of utilizing your own hard-earned money.
But, as they say, let bygones be bygones.
You’re on your way to bigger and greater things. This may appear to be an anxiety-inducing uphill battle, just like any other breakup. However, as usual, we’re here to assist.
Things To Do Before You Close Your Chase Account
Before closing your Chase checking account:
- Make sure you have a new bank account set up.
- Check your most recent monthly statement for any regular charges, such as water, electricity, gas, or rent.
- Ensure that all of these necessary charges are transferred to your new account at least 15 days before they are due.
Please make a list of all your internet services, such as Netflix, Apple Music, and Spotify, and move them from your Chase checking account to your new one.
Any annual or semi-annual recurring charges that aren’t represented on the monthly statement should be highlighted and transferred as well. Before you close your Chase account, you must complete this step.
If your payment is paid directly into your Chase checking account, transfer it to your new bank at least one whole week before it is due.
Check for any recurring or past-due bank fees and take care of them as soon as possible. This is necessary to maintain your credit score (explained later).
Transfer any outstanding amounts to your new account and get ready to enjoy that evening margarita. Your account is now ready to be closed.
How to Close a Chase Checking or Savings Account
Logging into Chase online banking and going to the Secure Message Center, where you can send an email requesting account closure, is the simplest way to shut your Chase checking account. Within two working days, you should receive a response with follow-up questions and confirmation of account closure.
Read also: How to Close a Chase Bank Account
Speak with an accounting professional at your local Chase branch. You’ll need to show verification of your identity, so bring your social security number, legal I.D., address information, and PINs, among other things. This online finder will help you discover the branch that is closest to you.
If you don’t have access to a local bank, you can request that your Chase account be closed by calling 1-800-935-9935.
You can also write to National Bank By Mail, P.O. Box 36520, Louisville, KY 40233-6520, with your request. Send to National Bank By Mail, Mail Code KY1-0900, 416 West Jefferson, Floor L1, Louisville, KY, 40202-3202 for expedited delivery.