If you have an old Chase savings account that never gets used, or you want to open an account with a different bank, you might decide to close your account. However, it’s not as easy as you might expect to do this. The reason why is obvious – security!
The problem is that it can be difficult to find out how to close your Chase account. There’s no need to worry, though – this article will walk you through the process step-by-step.
Step 1 – Gather the Necessary Materials
When you get to your bank, you’ll have to prove that you are actually who you say you are. For this step, you’ll need photographic ID like a passport or driver’s license. Make sure to bring your account checkbook or debit card too, since they’ll have details such as your account and routing numbers that will speed up the process considerably.
Step 2 – Go to the Bank
Upon arriving at the bank, tell the person at the desk that you’d like to close your account. They’ll ask you some questions about your account. These could include your social security number, date of birth, the last amount of money deposited, or details of a recent expenditure.
You’ll also have to decide what to do with the money in your account. You can choose to withdraw it, but if you have a significant sum stored, you might prefer to transfer it to a different account. In this case, you’ll need the details of the secondary account.
Step 3 – Call the Bank Directly
If your bank doesn’t have a nearby branch, or you’ve made a late-night decision to cancel, you can also call the bank up directly. Start by calling Chase’s customer service team on 1-800-935-9935 and telling them you’d like to cancel.
Now, because of the increased likelihood of fraud, you’ll likely be asked for more information than if you’d shown up in person. That said, they shouldn’t ask you anything too difficult. It helps to have all of your documents laid out in front of you, including a recent bank statement, if possible.
Step 4 – Shop Around
If you’re looking to switch banks, it really does pay to shop around. Some banks offer bonuses for switching, which range from preferential interest rates to one-time cash deposits. Think about it logically, though: if they’re offering increased interest on a savings account, this might make you more money than another provider is offering in cash.
It’s also important that you ask questions if you have any. Pay particular attention to the small print or limitations of an account. For instance, are you required to deposit a specific amount each month? Do you have to pay to open this account? What advantages does it have over similar account types?
Now that you’ve read on how to close the chase account. Take time to read our guides about how to cancel AT&T U-verse and how to cancel your Dish Network satellite service. These guides will help you to solve your intricacies!