Chase Direct Deposit
Direct deposit at Chase is the safest, fastest and most convenient way to seamlessly deposit your paycheck, or any other recurring payment, into any of your Chase bank accounts. With direct deposit, your checks can’t be lost or stolen. Direct deposit means no more pointless trips to the bank, no wasted time, no long lines, and the freeing up of your valuable time for family, friends and fun.
Another great feature of direct deposit for the employee is that you no longer have to wait for your check to clear. Your money is available to you immediately online, at any Chase branch, or through telephone banking. Direct deposit is great for employers, too, because it allows them to avoid the costs involved in printing, processing, and mailing paper checks to employees. It also avoids those particularly troublesome problems that can occur if an employee’s check is lost or stolen.
You can obtain a Chase Direct Deposit Form online, or at any Chase branch. Filling it out is fast and easy.
Set up a direct deposit alert, so you’ll know when you receive your stimulus payment. When you set up your alert, make sure you choose the checking or savings account you expect the payment to be deposited to. Learn how to use Chase QuickDeposit℠ so you can deposit checks with your mobile phone or tablet from the Chase Mobile app.
- The Chase bank direct deposit form is a standard and legal form that becomes effective once it is signed. The purpose of this form is to grant the necessary authorization for your Employer and Chase Bank to set up a Direct Deposit of funds into a Chase Bank Account of your choosing when it.
- Make at least one qualifying Direct Deposit of $250 or more. Learn about qualifying direct deposits. Maintain a minimum daily balance of $1,500 or more. Students under age 24 are eligible for waiver of this fee while enrolled in high school, college or a vocational program.
How to Fill Out a Chase Direct Deposit Form
The top of the a Chase Direct Deposit Form, or Direct Deposit Application as it is called, has spaces for you to print your name, address, city state and zip code. The next part of the form asks if you want your funds deposited into a checking account or a savings account. It then asks for your Account Number and your Bank’s Routing Number.
Discerning just what these numbers are and where to find them is often the source of considerable confusion to most people, but the Chase Direct Deposit Form includes a helpful and important feature not usually seen in documents of this type. There is an illustration of a typical bank check, with an illustration of the combined bank Routing Number, individual Account Number, and check number that always appears on the bottom left corner of all U.S. bank checks.
This illustration makes it easy to comply with the Chase Direct Deposit Form’s request for your Account Number and for your bank’s Routing Number.
The next, part of the form asks for your permission for Chase to automatically deposit your payroll check into the bank account that you listed. You are asked to sign and date the form. Finally, you are asked to attach a voided check to the form and to take the completed application to your employer’s payroll department. At this point, they will gladly take care of it from here.
Chase also offers an Automatic Payment Change Form. This form is very useful if you change banks, or simply want your deposit made to another bank. It is a very simple form, and one must be filled out for every payment stream that you would like to change.
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The Chase bank direct deposit form is a standard and legal form that becomes effective once it is signed. The purpose of this form is to grant the necessary authorization for your Employer and Chase Bank to set up a Direct Deposit of funds into a Chase Bank Account of your choosing when it is time for the Employer to pay you. The rate and frequency of these Deposits will be strictly up to you and your Employer. Additionally, your Employer may also have their own procedures set in place to set up Direct Deposit Payments. Generally, it is expected that you will have a clear line of communication with your Employer regarding such matters before filling out and submitting this form to the Payroll Department in your place of employment.
Step 1 – Download the document from the button labeled “PDF” on the right side of this page. When you are ready, you may either open it to enter information or print it to enter information.
Step 2 – Read the information on the left side of the page then, when you are ready, report the Account Holder/Recipient Name on the blank line labeled “Customer Name.” Below this, use the “Address” line to enter the Chase Account Holder’s Street Address. On the next line, report the City, State, and Zip Code associated with the Chase Account Holder’s Street Address.
Step 3 – Next you must define the Type of Account you would like your compensation to be directly deposited to. If this will be a Checking Account, then mark the check box labeled “Checking Account Number” and enter your Account Number on the blank line above these words. If this is a Savings Account, then check the box labeled “Savings/MIA/Money Market Account Number” and enter your Account Number on the blank line just above these words. Only one of these boxes may be checked and the Account Number must be present on the blank line associated with that check box.
Step 4 – Report your Chase Bank Branch’s Routing Number on the blank line labeled “Bank’s Routing Number.” If you are unsure, you may find the Routing Number on your personal check. It is the nine digit number on the bottom left. Otherwise contact your branch directly for this number.
Step 5 – On the blank line in the statement beginning with the words “I authorize…,” enter the Name of the Employer or Paying Entity that you are allowing to make regular deposits into the Account defined in Step 3.
Step 6 – Sign your Name on the line labeled “Customer Signature” then, enter the Signing Date just above the word “Date.”
Chase Direct Deposit Information
Step 7 – Submit this form to the Payroll Department in your Employer’s Company. Some Payroll Departments may require additional paperwork such as a blank voided check so make sure to contact them first regarding the procedure they have set in place.