Chase is the largest brick-and-mortar bank, while American Express bank is among the best online banks, both offer a great portfolio of banking services and credit cards.
In this article, we will compare their savings accounts, checking accounts, CDs, credit cards, and lending products.
Checking Accounts
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Account Types
Chase Bank offers a variety of checking account types to suit the diverse needs of its customers. One notable option is the Total Checking account, which provides access to a widespread network of ATMs and a range of digital banking tools.
For customers with a premium banking preference, Chase presents the Sapphire Checking account, renowned for its exclusive benefits like enhanced travel rewards.
Account | Monthly Fee | Average Day Balance To Waive |
|---|---|---|
Chase Total Checking | $12 | $1,500 |
Chase Premier Plus Checking | $25 | $15,000 |
Chase Sapphire Checking | $25 | $75,000 |
Chase College Checking | $12 | $1,500 |
Chase Private Client Checking | $30 | $150,000 |
Chase Business Complete Banking | $15 | $2,000 |
Chase Performance Business Checking | $30 | $35,000 |
Chase Platinum Business Checking | $95 | $100,000 |
Bank Account | Monthly Fee | APY On Balance |
|---|---|---|
Amex Rewards Checking | $0 | 1.00% |
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Features
Chase offers a comprehensive set of features with its checking accounts, catering to diverse financial needs:
Account | Main Features |
|---|---|
Chase Total Checking | Overdraft assist, chase credit journey, alerts |
Chase Premier Plus Checking | Interest on balance, free checks , free counter checks |
Chase Sapphire Checking | JPM wealth management, no ATM fees, no wire transfer |
Chase College Checking | No monthly fees, free credit score, new account promotion |
Chase Private Client Checking | Priority service, preferred rates, J.P. Morgan advisor |
Chase Business Complete Banking | Chase QuickAccept, fraud protection, chase business online |
Chase Performance Business Checking | No cost wires, unlimited electronic deposits, Chase business |
Chase Platinum Business Checking | No fee transactions, cash management support, platinum service |
The comprehensive set of payment options, including the ability to pay bills, transfer funds between Chase accounts, and even collect money from others, consolidates financial activities in one place.
The deposit options, coupled with QuickDeposit for checks, make the app a one-stop solution for various financial transactions:
With Amex Rewards Checking, customers can earn Membership Rewards points on eligible Debit Card purchases with no monthly fees, and it’s backed by Amex with 24/7 customer service and fraud monitoring.
Mobile check deposits are simple with the Amex App, and digital transfers enable easy money transfers between connected accounts, including the Amex High Yield Savings account. Additionally, you can add your debit card to your digital wallet for quick and convenient payments in-store and online.
Bank Account | Main Features |
|---|---|
Amex Rewards Checking | Interest on balance, mobile check deposits, digital transfers, debit card with purchase protection, rewards your everyday spending
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Savings Accounts
When it comes to savings accounts, American Express Bank is a clear winner.
Like many other brick-and-mortar banks, Chase Premier Savings offers relatively low-interest rates on savings accounts.
At American Express, customers can earn a competitive APY on their balance. Customers can manage their savings with simple transfers and auto-deposits and get 24/7 customer service.
None of these banks offer money market accounts.
American Express Savings Account | Chase Premier Savings | |
|---|---|---|
Savings Rate | 3.50% | 0.01% |
Minimum Deposit | $0 | $25 |
Fees | $0 | $25 per month
Can be waived if you carry $300 account balance at the start of the month, $25+ autosave or linking a Chase checking account
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Certificate Of Deposits (CDs)
When comparing CD options, Amex Bank offers a bit more better terms than Chase.
Both Amex and Chase Bank offer high rates only on specific CD terms. While it may be okay for most consumers, it isn’t the ideal situation for high depositors who want to to leverage CD investing strategies such as CD laddering and other combinations of short and long-term CDs.
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Chase CD Rates
CD Term | APY | Early Withdrawal Penalty |
|---|---|---|
3 Months | 1.01%
| 90 days of interest |
6 Months | 0.75%
| 180 days of interest |
9 Months | 0.50%
| 180 days of interest |
12 Months | 2.00% | 180 days of interest |
18 Months | 2.00%
| 180 days of interest |
24 Months | 2.00% | 365 days interest |
30 Months | 2.00% | 365 days interest |
36 Months | 2.00% | 365 days interest |
48 Months | 2.00% | 365 days interest |
60 Months | 2.00% | 365 days interest |
120 Months | 2.00% | 365 days interest |
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American Express CD Rates
CD Term | APY | Early Withdrawal Penalty |
|---|---|---|
12 Months | 3.25% | 270 days interest |
18 Months | 3.85%
| 270 days interest |
24 Months | 3.85% | 270 days interest |
36 Months | 3.60% | 270 days interest |
48 Months | 3.60% | 365 days interest |
60 Months | 3.75% | 540 days interest |
Credit Cards
There is no winner when it comes to credit cards, as Chase and Amex are the top credit card issuers in the US, with many cards and different types of cards, co-branded cards, and a variety of redemption options.
For everyday use, there are simple cards like the Blue Cash Everyday Card and the Blue Cash Preferred Card from American Express. If you’re a more advanced user, Amex has fancier cards such as the American Express Gold Card or The Platinum Card from American Express.
Amex also has travel co-branded cards with different levels and perks. If you love Delta Air Lines, their cards give you Delta SkyMiles and cool benefits like boarding early and free checked bags. And if you’re a fan of Marriott or Hilton hotels, their cards offer free nights, elite status, and bonus points when you stay at their hotels.
Card | Rewards | Bonus | Annual Fee |
| Blue Cash Preferred® Card from American Express | 1-6%
6% cash back at U.S. supermarkets (up to $6,000 per year in purchases, then 1%) and selected U.S. streaming subscriptions, 3% cash back on transit
and U.S. gas stations, 1% cash back on other purchases
| $250
$250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months
| $95 ($0 intro for the first year) |
|---|---|---|---|---|
| American Express® Gold Card | 1X – 4X
4X points at restaurants (including Uber Eats purchases in the U.S.) and U.S. supermarkets (up to $25,000 per year in purchases, then 1X points), 3X points on flights booked directly with airlines or on amextravel.com, 2X points on rental cars through amextravel.com and 1X points on all other purchases
| 100,000 points
100,000 Membership Rewards® Points after spending $6,000 in eligible purchases on your new Card in your first 6 months of Membership
| $325 |
| The Platinum Card® from American Express | 1X – 5X
5X points on up to $500,000 spent on directly-booked airfare and flights and prepaid hotels booked through American Express Travel (per calendar year), 2X points on prepaid car rentals through American Express Travel and 1X points on all other purchases
| 175,000 points
175,000 Membership Rewards® Points after spending $8,000 in eligible purchases on your new Card in your first 6 months of Membership
| $695 |
| Delta SkyMiles® Gold American Express Card | 1X – 2X
2X miles on delta purchases, at restaurants worldwide (including take-out and delivery in the U.S) and at U.S. supermarkets, and 1x miles on all other eligible purchases
| 80,000 Bonus Miles
Earn 80,000 Bonus Miles after you spend $3,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Offer Ends 10/29/2025.
| $150, $0 intro first year |
| Hilton Honors American Express Card | 3X – 7X
7X Hilton Honors Bonus Points for each dollar of eligible purchases charged directly with hotels and resorts within the Hilton portfolio, 5x points at U.S. restaurants (including takeout and delivery) U.S.supermarkets, U.S. gas stations and 3x points for each dollar on other eligible purchases
| 100,000 points
100,000 Hilton Honors Bonus Points with the Hilton Honors American Express Card after you spend $2,000 in purchases on the Card within your first 6 months of Card Membership.
| $0 |
Card | Rewards | Bonus | Annual Fee |
| Chase Sapphire Preferred® Card | 2X – 5X
5x total points on travel purchased through Chase Travel, 3x points on dining, online grocery purchases and select streaming services. 2x on other travel purchases. Plus, earn 1 point per dollar spent on all other purchases.
| 75,000 points
75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening
| $95
|
|---|---|---|---|---|
 | Chase Freedom Flex℠ Card | 1-5%
5% cash back on up to $1,500 in combined purchases on selected categories each quarter and 5% cash back on travel purchased through Chase Ultimate Rewards®. Also, you can earn 3% cash back on dining at restaurants (including takeout and eligible delivery services), drugstore purchases , and 1% on all other purchases
| $200
$200 bonus after you spend $500 on purchases in the first 3 months from account opening
| $0 |
| Chase Freedom Unlimited® | 1.5% – 5%
5% cash back on travel booked through Chase Ultimate Rewards, 3% on dining (including takeout and eligible delivery), 3% on drugstore purchases, and 1.5% on all other purchases
| $200
Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.
| $0 |
| Chase Sapphire Reserve® | 1X – 10X
5X total points on air travel and 10X total points on hotels, car rentals and dining when you purchase through Chase Ultimate Rewards®, immediately after earning your $300 annual travel credit. Also, earn 3x points on dining at restaurants and travel (after meeting the $300 travel credit), then 1x points per dollar spent on all other purchases.
| Earn 125,000 points after you spend $6,000 in purchases in the first 3 months from account opening
Earn 125,000 points after you spend $6,000 in purchases in the first 3 months from account opening
| $550 |
| Marriott Bonvoy Boundless Card | 1x – 6X
6X points for every $1 spent at over 7,000 hotels participating in Marriott Bonvoy® with the Marriott Bonvoy Boundless® credit card. Plus, earn up to 10X points from Marriott for being a Marriott Bonvoy® member. Plus, earn up to 1X point from Marriott with Silver Elite Status. Earn 3X points for every $1 on the first $6,000 spent in combined purchases each year on grocery stores, gas stations, and dining. Earn 2X points for every $1 you spend on all other purchases.
| 125,000 Bonus Points
“Earn 125,000 Bonus Points + 1 Free Night Award
after spending $3,000 on eligible purchases within 3 months of account opening.* Each Free Night Award valued up to 50,000 points. Certain hotels have resort fees.”
| $95 |
| United Explorer Card | 1X – 2X
2x per $1 spent on United purchases, hotel accommodations, restaurants & eligible delivery services and 1x per $1 spent on all other purchases
| 50,000 miles
Earn 60,000 bonus miles after qualifying purchases
| $95 ($0 first year) |
Mortgage And Loans
When it comes to borrowing money, Chase is much better for borrowers than Amex Bank.
Chase Bank provides mortgages for homebuyers, mortgage refinancing, home equity loans and car financing for both new and used vehicles. However, Chase doesn’t offer personal or student loans.
Which Bank Is Our Winner?
Chase bank is our winner as it offers more banking services and options for consumers. It has a variety of checking options, including premium accounts, a great selection of credit cards, and better options for borrowers.
However, it is crucial to assess various factors, primarily focusing on those that are significant for your specific needs. This could include banking services, overdraft assistance, frequent ATM usage, proximity to bank locations, and other elements that vary from person to person.
Compare Chase Versus Alternative Banks
Chase and Wells Fargo appear to offer very similar products at first glance, so we need to dig a little deeper. There is little to distinguish the savings accounts, and both banks provide a variety of checking accounts.
While Chase’s account maintenance fee is slightly higher, it does have some more interesting features. Chase also has an advantage in terms of CDs, but Wells Fargo is a better option for loans and mortgages.
Read Full Comparison: Chase vs Wells Fargo: Where to Save Your Money?
The Chase and Citi checking accounts both have no minimum deposit and a monthly account maintenance fee of $12. This can also be waived with a balance of $1,500 or more, or with qualifying deposits.
Furthermore, both have a very impressive selection of more than credit card options.
Read Full Comparison: Chase vs Citi: Which Bank Account Wins?
The Discover checking account is more traditional. While the account does not pay interest, you can earn 1% cash back on debit card purchases. There are also no fees if you require a replacement debit card, have a deposit item returned, or have insufficient funds in your account.
Chase offers a wide range of banking products, including savings accounts, checking accounts, home loans, home equity options, auto loans, and a wide range of credit cards. In addition, Chase’s customer service system is quite extensive.
Read Full Comparison: Discover vs Chase: Which Bank Account Suits You Best?
Chase has some great features including a massive selection of credit card options. Both banks also offer some great mortgage packages. PNC also has some innovative credit card options, and you can also access personal loans.
Read Full Comparison: Chase vs PNC Bank: Which Bank Account Is Better?
Because both Chase and TD Bank provide a comprehensive range of products, we’ll need to summarize the benefits and drawbacks to determine which bank is superior.
Chase offers some novel features, including the possibility of comparable CD rates without the TD Bank’s minimum deposit. However, there is little to distinguish the checking accounts, as TD Bank’s savings rate is twice that of Chase.
Although Chase has more credit card options, don’t discount TD Bank, which has some interesting options.
Read Full Comparison: Chase vs TD Bank: Which Bank Suits You Best?
Chase and Capital One both have banking product lines that compete with traditional high street banks.
Capital One also has a competitive advantage in terms of checking accounts. The Capital One checking account is not only fee-free, but you can also earn interest on your account balance. Chase’s checking account does not pay interest, and you must meet certain requirements to have the $12 monthly fee waived.
However, when you open a qualifying account, Chase will give you a welcome bonus, and its checking account has some nice features such as paperless statements for up to seven years and checking account upgrade options.
Read Full Comparison: Chase vs Capital One: Compare Banking Options
Both banks have account maintenance fees that can be waived by meeting one of several requirements. The rates are also quite similar, so which bank is best will come down to what products you’re looking for.
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