With my checking account I have maintained a daily balance greater than 1500 dollars to avoid the 12 dollar monthly fee. As I earned more income I started moving it to a savings. Now I have accumulated enough money to use the other ways to avoid monthly fees. I'm not sure whether or not I fully understand the last one.

  1. Direct deposit totaling $500 or more made to this account

  2. OR a balance at the beginning of each day of $1,500 or more in this account

  3. OR an average beginning day balance of $5,000 or more in any combination of this account and linked qualifying deposits/investments

Does the third one mean the total balance of the checking account and a linked account to the checking (with the overdraft protection), or just the total balance of all accounts (checking, savings, etc.)?

  • It's the total balance of money that you have in your Chase accounts. I sure hope that you got their free $500 bonus for opening the MM and checking account. BTW, did you know that 1/2 the people that you know are below average? ;->) Jul 27, 2018 at 23:46
  • Ok, thank you. And no, what do you mean by MM? Jul 27, 2018 at 23:54
  • MM = Money Market Jul 28, 2018 at 0:04
  • A linked account is one that the Chase website knows belongs to you and thus is visible on the same page (or in a different tab on the same page) as your checking account. Jul 28, 2018 at 1:17
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    @BobBaerker Even if the answer is short, please post answers to questions as answers, not comments. Here’s why. Jul 28, 2018 at 12:26

1 Answer 1


Does the third one mean the total balance of the checking account and a linked account to the checking, or just the total balance of all accounts?

Linked accounts. Definitely just linked accounts. (I'm also a Chase customer, and ran into this very problem a couple of months ago.)

  • This is only for accounts linked of a checking account by overdraft protection? Example linking a savings account for a checking fro overdraft protection. Jul 28, 2018 at 12:37
  • I dubious whether ODP is what links them.
    – RonJohn
    Jul 28, 2018 at 14:52

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