What happens to my Chase college checking account after I graduate?

After graduation, you can convert your College Checking account into a Chase Total Checking® account. There is a higher maintenance fee, but you can waive it with either a $500 direct deposit every month OR by maintaining a $1,500 balance (which is actually less than the balance requirement for the College Checking).

What happens to my Chase college account when I graduate?

If Chase Total Checking^® is right for you, your account will convert automatically after you turn 19. As a reminder, your account number and debit card number will remain the same whichever account you choose.

How long can I keep my Chase college account?

A checking account with the tools and resources students need to money independently - all for no Monthly Service Fee up to the graduation date provided at account opening (five years maximum).

What happens to my student checking account after I graduate?

Many banks offer special student checking accounts. These accounts sometimes come with unique perks, such as waived fees. Eventually, student checking accounts need to convert to regular accounts after graduation.

How do I close my Chase college account?

If you don't have access to a local branch, call the official support center at 1-800-935-9935 and request them to close your Chase account. You can also submit your request in writing to National Bank By Mail, P.O. Box 36520, Louisville, KY 40233-6520.

Chase College Student Checking Account $100 Bonus - How To Get, Features, & Details

Can you close a Chase college checking account?

Yes, you should be able to close your student checking account with Chase Bank either online or over the phone. To close the account online, you may need to log in to your Chase online banking account and follow the instructions for closing an account.

Can I keep my Chase college checking account?

The bank's other student checking options are for high school students (Chase High School Checking℠) and children as young as six years (Chase First Checking℠). Teens with either account can switch to a college checking account once they matriculate. It's also possible to continue using this account after college ends.

What happens to Chase student account?

After you turn 19, your Chase High School Checking account will convert to a Chase Total Checking^® account. However, we offer other accounts that may be a better fit.

How long does my student bank account last?

After two or three years, dependent on the bank, your graduate account will be converted into a normal current account – with all the interest and fees these entail.

What happens to Chase student credit card after graduation?

Ultimately, what happens to student credit cards when you graduate usually lies solely in the hands of the graduate themselves. While it's possible your issuer could automatically upgrade your card, it's likely you'll have to make that decision yourself. Or you may want to keep your card as-is or cancel it altogether.

Is the Chase college account worth it?

Bottom line. The Chase College Checking account can help college students avoid pesky monthly maintenance fees and even let you earn $100. Account holders have the flexibility to bank online, with a top-rated mobile app and Zelle access, and at over 4,700 branches in over 30 states.

Does Chase college account charge overdraft?

No overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day.

Will Chase close your account for inactivity?

Inactivity. Your issuer may decide to close your account after seeing that it hasn't been used for a certain period of time (a few consecutive months, for example). Generally, if your account was closed due to inactivity, you may be able to reopen it.

Why should you ask what happens to your account when you graduate from college?

Asking what happens to your account when you graduate from college is important because it helps you understand the impact on your financial situation and access to resources after graduation. For example, you may need to transfer your student loans to a new account or continue using certain services.

What are the disadvantages of student checking accounts?

While student checking accounts are designed to be student-friendly, they may lack some features that standard checking accounts offer. For instance, they may have lower withdrawal limits, fewer check-writing privileges, or limited interest rates.

What are the disadvantages of a student bank account?

Student bank accounts often pay less interest than regular accounts. That means it might not be the best option for you if you're always in credit and are hoping to gain interest on your money.

Should I keep my student bank account?

Once you graduate and leave university, your student account will usually become a graduate bank account. It depends on your bank and the terms of your account, but graduates typically have a year or two to pay off their interest-free overdraft. It can be worth considering switching bank accounts once you graduate.

What is the minimum balance in Chase college checking account?

The good news about Chase College Checking accounts are that they have no minimum balance requirements. This makes them perfect for students who may have limited financial resources while attending school.

What happens to my student bank account?

Once you finish studying, most student bank accounts automatically convert into a graduate account. This often works like a student account in reverse, with the interest-free overdraft reducing each year. Always check when your bank will start to charge interest, and budget to repay the overdraft before that date.

How do I avoid monthly fees with Chase?

How much do I have to keep in my account to avoid fees?

Most traditional banks require you to maintain a minimum account balance to avoid monthly service charges. These typically range from $100 to $2,500, though most are much closer to the lower end.

Can my parents see my college checking account?

No matter how old you are, your parents will have full access to your funds as long as they are joint owners of your account. They will not need your permission to dip into your account, and while it is hard to imagine your parent taking your hard-earned money, or money set aside for tuition, it happens.

What is the minimum deposit for a student checking account?

Debit cards: Some student checking accounts provide customers with a debit card for ATM, in-person, and online transactions. Small initial deposit: A student bank account may require a small initial deposit, such as $10 or $25.

Is there a fee for closing my Chase checking account?

Chase does not typically charge a fee for closing an account. However, it's important to check for any outstanding fees or charges that need to be settled before closing your account.

Does closing a Chase checking account affect credit score?

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The act of closing a bank account, such as a checking or savings account, does not directly affect your credit score. Your credit score is not directly affected by your checking and savings account activity. That includes account closures.