Pros
Nationwide Accessibility: Access to over 4,700 branches across 48 states and 16,000 ATMs
Integrated Payment Processing: Free QuickAccept feature allows same-day card payment processing with no monthly contracts or hidden fees
Flexible Fee Waiver Options: Multiple ways to waive the $15 monthly fee, including maintaining a $2,000 daily balance or making $2,000 in Chase Ink card purchases
Cons
Limited Free Transactions: Only 20 free paper transactions per month, with a $0.40 fee per additional transaction
Cash Deposit Restrictions: Free cash deposits limited to $5,000 per month
No Interest Earnings: Account doesn't earn any interest on deposited funds