Chase Bank is the largest bank in the USA and offers a full range of personal banking products, from chequing and savings accounts to credit cards and mortgages. So if you’re looking to open a bank account, you might be wondering whether Chase Bank is in Canada.
Is Chase Bank available in Canada?
Chase Bank does not offer personal banking services in Canada. While it does offer Chase Merchant Services, which provides payment solutions for Canadian businesses, it doesn’t offer products like chequing accounts, savings accounts and credit cards in Canada.
The good news is that there are several banks that offer a legitimate alternative to Chase in Canada, so compare these six options.
If you're searching for an account that supports unlimited transactions per month, the BMO Performance Chequing Account is worth a look. It's easy to manage your account via online and mobile banking as well as BMO's nationwide branch and ATM network, while you can also access perks such as a $600 welcome bonus and a special promotional rate on a savings account. And while there's a $17.95 monthly fee, it's waived if you meet the minimum balance requirement.
Supports unlimited transactions
Includes Interac e-Transfers
Up to $600 welcome bonus
$40 credit card fee rebate
$17.95 monthly fee
The monthly account fee will be waived if you maintain a minimum monthly balance of at least $4,000.
Scotiabank's Preferred Package is an unlimited-transaction account with a $16.95 monthly fee, but that fee is waived if you keep your balance above $4,000. You get unlimited e-Transfers too, you can add overdraft protection if you want, and you can access extra perks like credit card annual fee waivers and one free non-Scotiabank ATM withdrawal per month. You also get user-friendly online and mobile banking platforms along with a large ATM and branch network.
Unlimited transactions
Unlimited e-Transfers
Access perks like preferred rates on GICs and first-year credit card annual fee waivers
One free withdrawal per month from a non-Scotiabank ATM
$16.95 monthly fee
You'll need a balance of $4,000 or more to waive the monthly fee
This day-to-day chequing account from Simplii supports unlimited transactions with no monthly fee, and you don't have to worry about keeping your balance above a minimum level either. You can also send e-Transfers and send money around the world using Simplii's Global Money Transfer, and you can also take advantage of fee-free access to CIBC's nationwide network of over 3,400 ATMs.
Supports unlimited purchases, withdrawals and bill payments
No monthly fee or minimum balance requirement
Backed by CIBC $500 welcome offer
Not available in Quebec
Only pays a very low interest rate on your balance
The EQ Bank Personal Account is a hybrid account that blends the features of chequing and savings accounts. It provides easy access to your money via online and mobile banking, fee-free ATM withdrawals across Canada, unlimited transactions and no monthly fee or minimum balance requirement. At the same time, it pays up to 4% interest on your balance when you get your pay direct deposited into your account.
Supports unlimited transactions
Fee-free withdrawals at any Canadian ATM
No monthly fee
Pays up to 4% interest
Doesn't offer cheques
Need to get your pay direct deposited to earn the maximum interest rate
The Signature No Limit Banking Account is RBC's unlimited chequing account for day-to-day transactions. It supports unlimited debits and free Interac e-Transfers, while up to $5,000 overdraft protection is included for no extra charge. There's a free chequebook too, but a $16.95 monthly fee applies — but this fee can be reduced to as low as $5 per month if you sign up for the RBC Value Program.
Unlimited transactions
Overdraft protection at no extra cost
Six free bank drafts per year and one free chequebook
This Tangerine chequing account charges on fees for everyday banking transactions, and there's no need to keep your balance above a certain level. Unlimited transactions are supported, including free e-Transfers, and you get free access to over 3,500 Scotiabank ATMs across the country.
Supports unlimited transactions
No monthly fee or minimum balance requirement
Highly-rated mobile app
Free chequebook
Only pays minimal interest on your balance
No physical branches
Min. Age
16
Account Fee
$0
Overdraft Fee
$10
ATM Out-of-Network Fee
$1.50
International ATM Fee
$3
What is Chase Bank?
Chase is the consumer and commercial banking arm of JPMorgan Chase & Co., a global financial services company based in the USA. Headquartered in New York, Chase Bank offers a full range of personal and business banking products and services in the US.
It also operates a network of over 4,700 branches and more than 15,000 ATMs, and is the largest bank in the US.
Where does Chase Bank operate?
Chase Bank operates in the United States, but it also offers personal bank accounts in the United Kingdom. While it previously offered credit cards in Canada, Chase announced that it was leaving the Canadian market in March 2018.
What financial products does Chase Bank offer in the US?
Chase offers all the usual financial products and services you’d expect from a major bank in Canada. Its offerings for US customers include:
Yes, you can use your Chase credit card in Canada to pay for purchases and withdraw cash from ATMs. Cards on the Visa and Mastercard networks are widely accepted across Canada and around the world. However, you’ll need to consider currency conversion costs and watch out for foreign transaction fees when using your credit card internationally.
Can I get a Chase credit card in Canada?
If you want to apply for a Chase credit card in Canada, we’ve got bad news: Chase Bank no longer offers credit cards in Canada. You’ll need to be a US resident to apply for a credit card from Chase.
Is the Chase Sapphire Preferred or Sapphire Reserve card available in Canada?
No. You’ll need a US address and either a US Social Security Number (SSN) or Individual Tax Identification Number (ITIN) to qualify for a Chase credit card.
Is the Chase Aeroplan card available in Canada?
No. The Chase Aeroplan Card allows users to earn points in Air Canada’s Aeroplan loyalty program, but it’s only available in the USA.
Yes. Chase debit cards typically operate on the Visa network, and Visa cards are widely accepted by merchants and ATMs across Canada. However, you’ll need to take into account currency conversion costs and foreign transaction fees when using your debit card internationally.
Chase doesn’t offer personal banking in Canada, but it does have a Canadian presence in the form of Chase Payment Solutions, which was formerly known as Chase Merchant Services. It offers Chase POS Canada payment solutions for businesses, including POS terminals for in-person payments, and options for receiving payments online and over the phone.
Is Chase Paymentech available in Canada?
Yes. Chase Paymentech Solutions Inc. is run by J.P. Morgan Payments. It offers electronic payment processing services for businesses and is used at over 110,000 Canadian business locations.
Chase doesn’t offer personal bank accounts in Canada, but there are plenty of Chase Canada alternatives to choose from. Compare accounts from the Big Five as well as online banks before deciding where to open a chequing, savings or hybrid account.
Frequently asked questions about Chase Bank in Canada
No, Chase does not have any physical bank branches in Canada.
No, Chase Bank does not offer a credit card in Canada.
The CDIC is a federal crown corporation that insures savings deposits at its member financial institutions. This means that eligible deposits you make at CDIC member institutions (such as banks and credit unions) are insured up to $100,000 if your financial institution fails.
Tim Falk is a freelance writer for Finder. Over the course of his 15-year writing career, he has reported on a wide range of personal finance topics. Whether you're investing in stocks and ETFs, comparing savings accounts or choosing a credit card, Tim wants to make it easier for you to understand. When he’s not staring at his computer, you can usually find him exploring the great outdoors. See full bio
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