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Chase Bank
4.3
based on 13 Reviews
Company Overview
Company Locations
Working at Chase Bank
Company Summary
Overall Rating
4.2/5
based on 13 reviews
11% above
industry average
Highly rated for
Salary
Critically rated for
Promotions, Skill development, Job security
Work Policy
Monday to Friday
67% employees reported
Flexible timing
60% employees reported
No travel
62% employees reported
Day shift
67% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
1 employee reported
Professional degree assistance
1 employee reported
View detailed benefits
About Chase Bank
Founded in2000 (25 yrs old)
India Employee Count--
Global Employee Count1 Lakh+
HeadquartersNew York,New York, United States (USA)
Office Locations
--
Websitejpmorganchase.com
Primary Industry
Other Industries
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JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the sixth largest bank in the world by total assets, with total assets of US$2.687 trillion.
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Chase Bank Ratings
based on 13 reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
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Category Ratings
4.0
Salary
3.6
Company culture
3.5
Work-life balance
3.5
Work satisfaction
3.3
Job security
3.3
Skill development
2.9
Promotions
Chase Bank is rated 4.2 out of 5 stars on AmbitionBox, based on 13 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Chase Bank Reviews
Compare Chase Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.3/5 based on 13 reviews | 4.0/5 based on 39k reviews | 3.9/5 based on 40.7k reviews | 3.7/5 based on 26.2k reviews |
Highly Rated for | Salary | Job security Skill development Company culture | Job security Skill development | No highly rated category |
Critically Rated for | Promotions Skill development Job security | No critically rated category | Promotions | Promotions |
Primary Work Policy | - | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 79% employees reported |
Rating by Women Employees | 3.8 Good rated by 3 women | 3.9 Good rated by 10.3k women | 3.7 Good rated by 8.6k women | 3.6 Good rated by 5.6k women |
Rating by Men Employees | 4.6 Excellent rated by 8 men | 4.0 Good rated by 26.9k men | 3.9 Good rated by 30.1k men | 3.8 Good rated by 19.4k men |
Job security | 3.3 Average | 4.1 Good | 4.0 Good | 3.7 Good |
View more
Chase Bank Salaries
Chase Bank salaries have received with an average score of 4.0 out of 5 by 13 employees.
Senior Associate
(9 salaries)
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₹12 L/yr - ₹27 L/yr
Vice President (VP)
(7 salaries)
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₹32 L/yr - ₹55 L/yr
Analyst
(7 salaries)
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₹8 L/yr - ₹12 L/yr
Associate Vice President
(5 salaries)
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₹24 L/yr - ₹38 L/yr
Assistant Vice President
(5 salaries)
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₹13 L/yr - ₹36.5 L/yr
Software Engineer
(5 salaries)
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₹5.5 L/yr - ₹16 L/yr
Team Lead
(4 salaries)
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₹8.3 L/yr - ₹10 L/yr
Senior Financial Analyst
(4 salaries)
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₹9 L/yr - ₹11.1 L/yr
AVP
(4 salaries)
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₹18 L/yr - ₹35 L/yr
Associate/Senior Associate -(Technical)
(4 salaries)
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₹15 L/yr - ₹26.2 L/yr
Chase Bank News
View all
From Chatbots to Virtual Agents
- In 2017, top US banks announced the implementation of chatbots and virtual assistants for the first time.
- Chatbots evolved to offer personal, one-to-one conversations and solutions to customer problems.
- They range from simple button-based programs to AI-powered tools capable of complex tasks.
- Chatbots can access customer data, provide tailored assistance, financial advice, and detect suspicious transactions.
- Virtual assistants, distinct from chatbots, are designed using advanced AI tools for dynamic interactions.
- AI-powered virtual assistants offer 24x7 support, automate tasks, handle inquiries, and provide customized guidance.
- They can offer personalized banking experiences, leverage voice technology, and ensure better security features.
- Notable chatbots and virtual assistants include Ceba, Citi Bot SG, TD Clari, Eno, Erica, Eva, iPal, Chase Digital Assistant, and NOMI.
- Future chatbots may offer advanced financial assistance, generate reports, and analyze user intent for personalized offers.
- Virtual agents, incorporating NLP and ML, aim to enhance user experience, provide real-time location-based services, and offer voice recognition capabilities.
Banking Frontiers | 27 Mar, 2025
CD Rates Today: March 14, 2025 – Rates Move Lower
- The best CD rates currently top out at 5.06%, varying by term length.
- CDs offer fixed interest rates, with penalties for early withdrawals.
- Short-term CDs have rates up to 4.72%, 6-month up to 4.94%, and 12-month up to 5.02%.
- 2-year CDs offer rates up to 4.52%, while 3-year CDs have rates up to 4.65%.
- 5-year CDs boast rates up to 4.26%, with average APY around 1.6%.
- Jumbo CDs can offer rates up to 4.94% for a 6-month term.
- Digital banks like Chase, Capital One, and Synchrony Bank often offer competitive rates.
- Early withdrawal penalties can be substantial, typically losing a year's interest.
- CDs offer a safe investment option compared to riskier alternatives like stocks or crypto.
- FDIC and NCUA provide insurance up to $250,000 on CDs to protect investors.
Forbes | 14 Mar, 2025
I made big wedding purchases on a travel credit card and used the points to pay for hotels on my honeymoon
- The author used a Chase Sapphire Preferred travel card for their wedding purchases and amassed points over a 15-month engagement.
- The accumulated points ended up covering all the lodging expenses on their honeymoon.
- The decision to apply for a travel credit card was made to make travel purchases, especially for the honeymoon to California, more budget-friendly.
- By using the Chase Sapphire Preferred card, which offered travel benefits and bonus points, the author maximized their points accumulation.
- Various wedding purchases, including booking flights and accommodations, were made on the credit card to earn points.
- The author saved up close to 250,000 points by their wedding date and utilized them for lodging on their California road trip.
- The honeymoon included stays at Monterey Plaza Hotel & Spa, The Lodge at Sonoma, and AutoCamp Yosemite, all booked using credit card points.
- Different experiences were enjoyed at each hotel, with activities like winery tours and glamping at AutoCamp Yosemite.
- The total points spent on lodging for the honeymoon exceeded 204,000, providing significant savings for the couple.
- Using a travel credit card for wedding expenses not only helped finance the honeymoon but also created unforgettable memories at a reduced cost.
Insider | 13 Mar, 2025
Deepfakes, cash and crypto: how call centre scammers duped 6,000 people
- Ben Fogle warned of deepfake scam using his image to promote crypto, targeting 6,179 victims who lost $35m in a call center scheme based in Georgia.
- Scammers used fake ads on social media, luring victims to invest in cryptocurrency, resulting in significant losses across various countries including the UK and Canada.
- The fraudulent scheme involved celebrities' images, such as Martin Lewis and Zoe Ball, to deceive victims into making investments.
- Victims were manipulated through personalized interactions with scammers, leading to emotional bonds and control over victims' finances.
- Sophisticated tactics like displaying fake trading screens and promising huge profits trapped victims into paying escalating fees before accessing their 'winnings.'
- The scam involved using newer online banking platforms like Revolut, Kroo, and Chase to circumvent traditional bank defenses against fraud.
- Despite efforts to combat fraud, scammers successfully exploited loopholes in online banking systems to extract money from victims.
- The operation in Georgia, with AK Group at the center, involved aggressive tactics, lavish rewards, and sophisticated deception to ensnare victims.
- The data leak exposes the inner workings of the scam, revealing the human toll of financial ruin and the challenges in investigating and prosecuting such transnational crimes.
- Efforts are underway to address the scam, with victims seeking justice and authorities investigating the network behind the elaborate deception.
Guardian | 5 Mar, 2025
Revealed: the scammers who conned savers out of $35m using fake celebrity ads
- An organised network from Georgia scammed savers from UK, Europe, and Canada out of $35m using fake celebrity ads on Facebook and Google.
- Deepfake videos of celebrities like Martin Lewis were used to promote fraudulent schemes, with UK citizens being hardest hit.
- The scam was exposed through leaked call center data shared with international reporting partners.
- Cases of authorised push payment fraud have increased, indicating ongoing challenges in combating scams.
- The scammers operated from Tbilisi and targeted vulnerable individuals, tricking them into transferring millions from their savings accounts.
- Around 6,000 people globally were duped, with a significant number targeted in the UK.
- Digital banks like Revolut, Kroo, and Chase were used for processing payments in these fraudulent activities.
- Victims included retired individuals who endured long calls and were coerced into sharing substantial sums of money.
- The effectiveness of laws like the Online Safety Act in combating fraudulent advertising and protecting the public is under scrutiny.
- Authorities emphasize the need for social media companies to prevent fraudulent material from being promoted on their platforms.
Guardian | 5 Mar, 2025
CD Rates Today: February 20, 2025 – Earn Up To 5.06%
- CD rates today can earn up to 5.06% based on certificate term lengths, offering fixed interest rates for a set period.
- Short-term savings goals can benefit from three-month CDs with a current average rate of 1.3% and a high rate of 4.79%.
- Consider a six-month CD for high yields, with the best rate today at 4.94% and an average rate of 1.82%.
- A 12-month CD offers the highest interest rate at 5.02% while the average APY remains at 1.86%.
- 24-month CDs provide interest rates up to 4.52%, with an average APY of 1.68%.
- For longer terms, three-year and five-year CDs offer rates up to 4.65% and 4.43%, respectively.
- Jumbo CDs require larger deposits but can offer competitive rates, such as 4.94% for a 6-month term.
- Digital banks like Chase Bank, Capital One, and Synchrony Bank may offer higher CD rates due to lower overhead costs.
- CDs provide a safe investment option with FDIC insurance up to $250,000 in case of bank failure.
- CDs typically offer higher interest rates than high-yield savings accounts and are considered a safe investment choice.
- CD interest rates are calculated by focusing on specific types of CDs, excluding others like promotional offers and relationship-based rates.
Forbes | 20 Feb, 2025
Chase to Restrict Use of Zelle for Purchases Through Social Media
- Chase will add restrictions on the use of Zelle for purchases through social media, effective from March 23.
- The updated service agreement allows Chase to delay, decline, or block Zelle payments originating from contact through social media.
- Chase may request information from customers to assess fraud or scam risks, and can decline payments if customers do not respond truthfully.
- The service agreement cautions that neither Chase nor Zelle offer purchase protection for claims related to the purchase of goods or services.
Pymnts | 20 Feb, 2025
Chase To Block Zelle Social Media Transactions To Combat Fraudulent Payments
- Chase Bank is updating a policy to block Zelle transactions through social media to combat fraudulent payments.
- The new policy is in response to the increase in scam transactions related to online purchases made through social media platforms.
- Starting March 23, Chase will decide whether to decline or block payments if they are identified as originating from social media contact.
- Chase has faced numerous fraud claims related to social media transactions, with 50% of fraud claims from Zelle customers originating on social media.
Blackenterprise | 20 Feb, 2025
Today’s CD Rates: January 31, 2025—Take Home More Than 5%
- CDs are fixed interest rate savings accounts that offer better yields than high-yield savings accounts. The current top interest rate on 3-month CDs is 4.79% and on 6-month CDs is 5.01%.
- For 1-year CD terms, the best rate currently available is 5.02%, and for 2-year CD terms, the highest rate is 4.52%. The highest rate on a 3-year CD is 4.65%, while the highest rate on a 5-year CD is 4.50%.
- Jumbo CDs may require a deposit of $100,000 or greater but some institutions may use a smaller threshold. The best jumbo CD rate for a 6-month term is 5.25%.
- Digital banks often offer better CD rates than traditional banks as digital banks have lower overhead costs. Chase Bank, Capital One, and Synchrony Bank are some of the banks with top CD rates.
- CDs generally require a minimum deposit to open an account, but some financial institutions may require only a dollar. Also, you cannot add to your deposit once the term begins. The early withdrawal penalty can be significant.
- CDs are a relatively simple savings tool that offers the best interest rates on savings. Stocks and bonds are much more volatile but may offer higher returns in the long run.
- The FDIC provides up to $250,000 in coverage in case the bank issuing the CD fails, while the National Credit Union Administration insures shares purchased from federal and most state-chartered credit unions up to the same limit.
- Certain types of CDs such as promotional offers, relationship-based rates, private, youth, senior, student/minor, affinity, bump-up, no-penalty, callable, variable, step-up, auto transfer, club, gifts, grandfathered, internet-only and IRA CDs are not considered in calculating the average CD rate.
Forbes | 19 Feb, 2025
Chase’s latest move will help cut fraud, but Zelle users may not like it
- Chase Bank will be blocking Zelle payments to sellers on social media platforms and messaging apps starting March 23.
- The new policy aims to protect consumers from online scams and fraud.
- The Consumer Financial Protection Bureau (CFPB) previously filed a lawsuit against Zelle and Chase, accusing them of failing to protect consumers from fraud on the peer-to-peer payment network.
- Chase's new policy may inconvenience Zelle users who used the service to buy goods from small businesses on social media.
Digitaltrends | 19 Feb, 2025
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Chase Bank FAQs
When was Chase Bank founded?
Chase Bank was founded in 2000. The company has been operating for 25 years primarily in the Banking sector.
Where is the Chase Bank headquarters located?
Chase Bank is headquartered in New York,New York.
Does Chase Bank have good work-life balance?
Chase Bank has a Work-Life Balance Rating of 3.5 out of 5 based on 10+ employee reviews on AmbitionBox. 85% employees rated Chase Bank 4 or above, while 15% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Chase Bank reviews for more details
Is Chase Bank good for career growth?
Career growth at Chase Bank is rated as poor, with a promotions and appraisal rating of 2.9. 15% employees rated Chase Bank 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Chase Bank reviews for more detailed insights.
What are the pros and cons of working in Chase Bank?
Working at Chase Bank comes with several advantages and disadvantages. It is highly rated for salary & benefits. However, it is poorly rated for promotions / appraisal, skill development and job security, based on 10+ employee reviews on AmbitionBox.
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