Chase Secure Banking Checking Account

With Chase Secure banking’s attractive checking account tools and perks, including Budget Builder, and Chase Credit Journey, rebuilding financial history has never been easier!

securely on the bank's website

Chase Secure BankingSM Checking Account is a great choice for people with a bad financial history, and who are unable to open a traditional checking account. Chase Secure BankingSM is designed to help them learn how to better manage their money, prevent overdrafts, and a negative balance. That said, this checking account comes with several good features, just like usual Chase checking account offers. Some of the perks one gets to enjoy include Chase Visa debit card, digital banking tools, money transfer options, and access to over 16,000 Chase ATMs nationwide.

For a low monthly fee, Chase Secure BankingSM accountholders will also be able to take advantage of Budget Builder, and Chase Credit Journey tools and resources for better money management, so they could improve their credit score more easily and quickly. You'll also get a free credit score report, so you can track your budget, and see how it evolves over time.

Without any overdraft fees, one can use their debit card freely, but not abuse it: while you won't be charged if you don't have enough money to pay for a purchase, it's still important to keep your account in good standing.

Eventually, one might become eligible for a better Chase offer - and a way to find this out would be if you enroll in Chase Credit Journey, where you'll receive personalized offer from the bank.

Of course, not all services are included in the Chase Secure BankingSM Checking Account offer. If you're looking to make wire transfers or overdraft services, you might want to keep shopping. You can also apply for the Chase Total Checking® Account - who knows, you might get lucky, and approved. Otherwise, we find Chase Secure BankingSM quite a good deal for a second-chance checking account.

Checking account details

Checking account fees

  • Monthly Fee
    $4.95
  • APY
    0.00%
  • Minimum Deposit to Open
    $0
  • Out-of-Network ATM Transaction Fee
    $2.50
  • Out-of-Network ATM Withdrawal Fee
    $2.50 ($5 outside the U.S., Puerto Rico, and the U.S. Virgin Islands)
  • Overdraft Fee
    $0
  • Non-Sufficient Funds Fee
    $0
  • Foreign Transaction Fee
    3%

Chase Secure Banking Checking Account FAQ

1. What documents do I need to provide to open a Chase Secure Banking checking account?

You will need your social security number (SSN), and a valid driver's license or state ID.

2. Are all usual services included in the Chase Secure Banking checking account offer?

No, some of them aren't available:

  • Chase Overdraft Services,
  • Check writing,
  • Wire transfers (incoming or outgoing),
  • Opening a Safe Deposit Box.
3. If Overdraft Protection services aren't provided, what happens if I overdraft my account?

You can use your debit card without worrying about overdraft fees, because there aren't any. In case you don't have enough money in your account, Chase will simply reject or return transactions.

4. My transaction has been approved, but my balance went negative.

It is possible that, while making a payment, you end up with a negative balance. This might happen when, for example, you have some, but not enough money to cover the entire transaction. In this case, one part will be approved, but you will be in the negative for the remaining. However, even then, you won't be charged any overdraft fees.

5. What is Budget Builder?

Budget Builder by Chase is an editable/interactive worksheet that allows you to better track your expenditures, and manage your budget. You can write down all your income, and expenses, to see how it all adds up, how much you spend, and how much you save.

Expenses are divided in categories: home & utility, groceries, transportation, personal debt, child care & tuition, health & personal care, and entertainment. This way, you can easily see where your money goes, and whether you need to prioritize or cut down on something.

And don't worry - you won't need to do the math yourself: the calculations are done automatically.

6. What is Chase Credit Journey?

Chase Credit Journey is another useful tool you can use to understand your credit health, and reach your financial goals.

Chase Credit Journey lets you see your credit score, which is updated every week, and monitor for any changes. This not only helps you better understand your credit score, but also identity potential suspicious activity or fraud that might have a negative impact on your credit score.

With Chase's learning resources, and a free simulator, you'll also be able to grasp the concept of credit health, and see how your financial habits reflect on your score. This way, you can change your activities in order to improve your financial health and credit score as soon as possible.

Finally, with all this input, you'll also receive personalized offers from Chase, including their products you can apply for.

7. How do I access Chase Credit Journey?

Once you've become a Chase customer, you'll be able to access Chase Credit Journey simply by signing in to your account.

8. Which scoring model does Chase Credit Journey use?

Chase Credit Journey uses the VantageScore® 3.0 scoring model to estimate your credit score. This model is based on 6 factors that have an impact on your credit score:

  • Your payment history (35%),
  • Amounts owed (30%),
  • Credit history (15%),
  • Credit mix (10%),
  • New credit (10%).

You can learn more about the model by visiting VantageScore.

9. What is Chase QuickDeposit?

Chase QuickDepositSM is a convenient, easy way to deposit checks without having to visit a local branch. Using your Chase mobile app, you can simply enter the amount to deposit, take pictures of your check, either manually or via the "Auto Capture" feature, and, finally, submit the deposit.

Yours funds will be available the next business day if you submit a deposit before 11PM.

It's recommended that you keep your check for a few days after you've deposited, to make sure your QuickDeposit has been accepted. You can destroy the check later.

10. Is Chase QuickPay® with Zelle® available only for transfers within Chase accounts?

No, you can use Chase QuickPay® with Zelle® to transfer funds to almost anyone with a U.S. bank account. You can see the full list of participating banks and credit unions on Zelle's website.

Check out other Chase checking account offers
Bank Monthly Service Charge Minimum Deposit to Open APY
Chase Total Checking® Account $12 (can be waived) $0 0.00%
Chase Premier Plus Checking Account $25 (can be waived) $0 0.01%
Chase Sapphire Checking Account $25 (can be waived) $0 0.01%
These Checking accounts might also interest you
Bank Monthly Service Charge Minimum Deposit to Open APY
Comerica Bank Rich Rewards® Checking Account $18 (can be waived / reduced) $50 0.01%
Comerica Bank Premier Checking Account $22 $50 0.01%
Comerica Bank Comerica Platinum Circle Checking® $0 $50 0.10% / 0.25%