How To Close A Chase Account – So, you’ve made up your mind to close your Chase account. I guess they have chased you away with their unrealistic promises of free checking accounts and high-yield savings accounts which was just a channel to give
But it’s time to let Chase bank to stop chasing you (pun intended). By now, I believe you have found something better.
Things To Do Before You Close A Chase Account
In no particular order here are the things you should take care of before you close a chase account or any other bank account.
- This is a no brainer, make sure you have a new bank account set up prior to closing your Chase account.
- Review your most recent monthly statement for any recurring charges like water, electricity, gas and rental bills. Ensure that you transfer over all these essential charges to your new account at least 15 days before they are due.
- Take note off your online subscriptions such as Apple Music, Netflix and Spotify and transfer them over to your new account.
- Take note of any annual or semi-annual recurring charges that may not be reflected on the monthly statement and transfer them as well.
- Transfer your salary’s direct deposit to your new bank at least a full working week before it is expected.
- Look out for any overdue or recurring bank fees and resolve them. This is important to protect your credit score (explained later).
- Make sure you transfer any remaining balances over to your new account.
- Ensure that your account balance in at $0.00 and that there are no credits or debits coming into or out of the account
Here Is How To Close A Chase Account
- The easiest way to close your account is to log onto the Chase online banking website and head to the Secure Message Center, where you can send an email requesting account closure. You should receive a response within 2 working days with follow up questions and account closing confirmation.
- Visit your local Chase branch and speak to an account executive. You will need to provide identity proof, so carry along your social security number, valid ID, address details, pin numbers etc.
- If you don’t have access to a local branch, call the Chase support center and request for account closure.
You can also submit your request in writing to
National Bank By Mail,
P.O. Box 36520,
For fast delivery, send to:
National Bank By Mail,
Mail Code KY1-0900,
416 West Jefferson,
- You can passively allow Chase bank to close your account for you. You do this by making your account dormant.
Bear in mind that you have to stop any automatic credits or recurring debits since they can reopen the account after you tell them to close it.
Does Closing Your Chase Bank Account Affect Your Credit Score?
No, not at all, it doesn’t! Credit bureaus do not have access to your bank account information.
The only case where your credit score might be negatively affected is if you have negative overdraft balance and haven’t repaid in a long time.
Banks will pass on the overdue amount to collection agencies, who can report to credit bureaus, thus affecting your credit score.