Looking for how to close chase savings account, look no further as with the simple guide on this blog post.
It will help you to deactivate your chase bank savings account.
But if i may ask, why would you want to close your chase savings account, the bank is one of the best bank in the world today.
This is usually the number one question that anybody will ask you, even the bank itself, why are you closing the account?
The truth is we all have our reasons for closing down our savings account.
Maybe we have another bank account that yields a good amount of interest, and we feel that the other account is useless and should be closed down.
No bank would want their customer to close down his or her account, but we all have reasons for that.
How to close chase savings account
Before going ahead to close chase savings account, you will have to come to a conclusion that the account isn’t useful to you anymore, and won’t be in the future.
Though you can close your bank account in a bank, and still create a new one later years.
Having concluded that you want to close chase savings account, use the methods below to do that.
1. Close chase savings account by going to bank
This is best method but you will face series of questions from the bank why you are taking this step.
Well simply tell them that you’re no longer interested in banking with them.
So simply locate any chase bank, preferably where you opened your account, speak with the customer service representative that you want to close your account.
You’ll be given a directive on how to do that, and if you have a sum amount of money in your account, the bank will transfer or give the cash the to you.
NB if you’re owning the bank any sum amount of money, you will have to clear your debt before closing the account.
Contacting the customer helpline
This is another method that one can use to close a chase savings account. But for me, i don’t recommend it at all especially if you have outstanding balance.
This method requires you to close the helpline and inform them that you want to deactivate your savings account.
The need to verify that actually the caller is the true owner of the said account, they will ask you series of questions which includes your last withdrawal, social security number and your personal account details.
If you get the questions correctly, and no outstanding balance, they will go ahead and deactivate your savings account.
Chase bank helpline is 24 hours available, but not a toll free.
Here is their hotline number 1-800-935-9935 which you will contact to deactivate your chase savings account.
This is one method that some people loves to use, closing their savings account through online.
With JP Morgan chase bank, that is very possible and easy.
You don’t need to waste your time and visit the bank, or start bumping series of numbers just to call their helpline.
Not all, this is the most convenient method that you can use.
All it requires that you sign in to your online banking page and deactivate your account.
Like i said “online banking page”. If you didn’t enroll for chase bank online banking, then you should forget about this method.
But if you did, simply login to your online account using chase bank Secure Message Center, send an email to customer support explaining that you wish to deactivate your savings account.
The customer service representative will get to you within 24 hours.
However, note that the bank will ask for confirmation and some details about the account. This is to ascertain that you’re the owner of the account.
The bank will send an email to you, stating that they have successfully terminated your account.
By sending mail
Its so possible to close chase bank savings account by simply sending a mail to them.
All you need to do is to download the bank closing form, complete the form with your bank details required from you and send it to the bank through mail.
The chase bank address which the mail should be addressed to is;
National Bank by Mail
PO Box 36520
Louisville, KY 40233-6520
Note that if you have any remaining amount in your bank account maybe due to minimum balance, the bank will pay you the money by transferring the money to your preferred account or in cash.
Before you can close chase savings account, you need to clear up any outstanding balance, before you can proceed in terminating your account.
Like i said earlier on, the best way that i do recommend people that wants to terminate their account, is by visiting the bank.
Unless you are far from any bank branch then you can use the other methods.
Again through online banking seemed quite okay for, and most convenient way but you will have to wait for a good 24 hours for the bank to terminate your account.
If you want to collect your remaining balance with the bank in cash, then you simply need to visit their branch to have your account deleted.
But note that in later months or years, you can still create a new bank account with the bank. So this is where i round it up on how to close chase savings account.