How To Get A Cashier's Check Chase
What Is the Chase Cashier's Check Fee?
- What a Cashier's Check Is
- Getting a Chase Cashier's Check
- Chase vs. Competitors
- Advantages
Sue Hwang / GOBankingRates
Chase is one of several financial institutions that offer cashier's checks to their members. These checks are easy to obtain and affordable, making them a great secure payment option. Here's a quick rundown of Chase cashier's check fees:
- $8 if you have a standard Total Checking or Student Checking account
- Free if you have a Premier Plus, Secure or Sapphire Checking account
Read on to learn more about Chase cashier's checks and how they compare to other brands.
What Is a Cashier's Check?
A cashier's check — also known as an official check — is a method of payment that is considered less risky than personal checks. They're written and backed by the bank or financial institution they're purchased from.
The purchaser pays upfront for the cashier's check, either with cash or through a bank account. The check is only written once the funds are made available to the bank.
The bank creates the check with the payee's information on it and signs it. Doing so means that the bank is then guaranteeing the funds shown on the check. There's no risk of the check bouncing, so payees know that they'll receive their money.
It also typically means the money is available quickly and securely, making cashier's checks great options for:
- A large payment or purchase, such as a boat or to cover the costs of closing on a home
- A deposit for rentals, new cars, and real estate transactions
- Last-minute rent payments
How To Get a Chase Cashier's Check
Follow these simple instructions on how to get a cashier's check at Chase:
- Gather your ID and the payee's information.
- Verify that you have enough funds in your checking account to pay for the check and any associated fees.
- Go to a local Chase branch and bring your valid ID. Request a cashier's check from the teller.
- Provide the teller with the payee's name, which will go on the check. Remember, you can't get a blank cashier's check.
- Make your payment for the Chase cashier's check and fees, if applicable.
- Wait for the teller to confirm that you have the funds to cover the check, then draft and sign the check.
- Ask for a receipt for your records.
How Does the Chase Cashier's Check Fee Compare to Others?
If you bank at Chase, how much you pay for a cashier's check will depend on the type of account you have. Chase's five types of checking accounts — Total Checking, Premier Plus Checking, Secure Checking, Sapphire Checking and Student Checking — come with different features and fees.
For instance, you'll pay no cashier's check fee if you have a Premier Plus, Secure or Sapphire checking account, but you'll pay a Chase cashier's check fee of $8 if you have Total or Student Checking.
If you're a Chase customer and you need a cashier's check to pay for a large purchase, visit your nearest branch for a fast, easy and safe way to guarantee that the funds are available.
Here's how the fee for a Chase cashier's check compares with most other well-known institutions.
| Institution | Cost of cashier's check | Any fee exceptions? |
|---|---|---|
| Chase | $8 | Fee-free for Premier Plus, Secure, and Sapphire Checking members |
| TD Bank | $8 | No fee for Beyond Checking or Savings, Private Tiered Checking or Savings, or 60 Plus Checking members |
| Wells Fargo |
| Fee waived for Preferred and Primary Portfolio Checking members |
| Regions Bank | $10 | Interest-bearing accounts get one free cashier's check each month. |
| Navy Federal Credit Union |
| N/A |
| Capital One |
| No |
| BBVA | Members pay $2 per statement cycle for unlimited cashier's checks. | No |
| Discover Bank | $0 | N/A |
| Citibank | $10 | Waived for Citigold and Citi Priority accounts |
| Bank of America | $15 | Fee-free for Preferred Rewards members |
| PNC Bank | $10 | Fee waived for Performance Checking and Virtual Wallet Performance checking account members |
| Ally Bank | $0 | N/A |
| U.S. Bank | $10 | Fee waived for military members |
Advantages of Using a Chase Cashier's Check
A Chase cashier's check can provide security and peace of mind for both the purchaser and the payee. If you need to make a large or fast payment, a Chase cashier's check is a practical, safe and inexpensive way to do it.
Using a Chase cashier's check ensures that no one else can cash the check except the payee. It also means there's no chance of the check bouncing, saving you from paying a lot of late fees.
Good To Know
Unlike a money order, there's no limit to the amount you can get for a cashier's check. However, you must have the full amount of money available to cover the face value plus any applicable fees. Always check your account prior to a visit to your bank branch to ensure you have enough funds available.
Barri Segal contributed to the reporting for this article.
This content is not provided by Chase. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by Chase.
Information is accurate as of Nov. 17, 2021.
Editorial Note: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author's alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.
Brandy Woodfolk is an entrepreneur, teacher, and freelance writer. She received my Bachelor of Business Administration from Everest College, Digital Marketing Certification from Shaw Academy, Certificate in Personal and Family Financial Planning from the University of Florida Through Coursera, and she is completing her Master's of Project Management from Northcentral University. She has dedicated her freelance writing career to creating content related to digital marketing and SEO, business, personal finance, family, and health and wellness.
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How To Get A Cashier's Check Chase
Source: https://www.gobankingrates.com/banking/banks/what-chase-cashiers-check-fee/#:~:text=Go%20to%20a%20local%20Chase,get%20a%20blank%20cashier's%20check.
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