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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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4
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2
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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 38.3k reviews  | 3.9/5 based on 39.8k reviews | 3.8/5 based on 25.6k 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 80% employees reported |
Rating by Women Employees | 3.8 Good rated by 3 women | 3.9 Good rated by 10.1k women | 3.7 Good rated by 8.3k women | 3.6 Good rated by 5.5k women |
Rating by Men Employees | 4.6 Excellent rated by 8 men | 4.0 Good rated by 26.4k men | 3.9 Good rated by 29.5k men | 3.8 Good rated by 18.9k 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
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
Chase will start blocking Zelle payments over social media
- Chase Bank will start blocking Zelle payments related to purchases from social media marketplaces or messaging apps.
- The new policy aims to prevent fraud and scams associated with Zelle transactions.
- Chase may decline, delay, or block payments originating from contact through social media.
- Chase may request additional information when adding a payment recipient to assess fraud risk or improper payment.
The Verge | 18 Feb, 2025
Why Is The US Stock Market Closed Today?
- Trading activities in the US stock market including the New York Stock Exchange and the Nasdaq Stock Market will remain suspended on Feb. 17.
- Presidents' Day is celebrated to honour the contributions and leadership of U.S. presidents, particularly George Washington, the first president, and Abraham Lincoln, who served as the 16th president of the country.
- Presidents' Day is celebrated annually on the third Monday of February, to honour the contributions of former US presidents George Washington and Abraham Lincoln.
- Various US banks including Capital One, Bank of America, Wells Fargo, PNC, Chase, Truist and CitiBank, among others will remain closed on Feb.17.
Bloomberg Quint | 17 Feb, 2025
CD Rates Today: February 7, 2025—Take Home More Than 5%
- CDs offer a fixed interest rate and a maturity period. Three-month CDs, on average, earn 1.30% and the highest rate is 4.79%. On a one-year CD, the highest rate is 5.02%.
- Two-year CDs now have an average APY of 1.66%, including a top rate of 4.52%. Digital banks tend to have an edge thanks to lower overhead costs.
- The longer the term, the higher the early withdrawal penalty. For jumbo CDs (minimum deposit of $100,000), top rates go up to 5.25% for a 6-month term.
- CDs pay higher interest than savings and money market accounts, and are one of the safest places to put your money. FDIC provides $250,000 insurance coverage and NCUA insures your money up to the same limit for shares.
- Chase Bank, Capital One, and Synchrony Bank have top rates on CDs, in addition to other banks and credit unions.
- It is important to understand the early withdrawal penalty before investing in a CD. There are different types of CDs and banks, so be sure to compare your options.
- The average APY on a one-year CD is now 1.86%. Three-year CDs previously had the best rate of 4.65%. Five-year CDs have the highest rate of 4.43%.
- CDs provide compounding interest over a predetermined period of months/years. Most CDs (and share certificates with credit unions) require a minimum deposit.
- It is not possible to add to your deposit once the term begins, and there are strict rules surrounding early withdrawal of your CD.
- Rates fluctuate and are influenced by the term and the Federal Reserve. Most CDs have a penalty for early withdrawal, which can eat into your principal.
Forbes | 7 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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