Chase vs Bank of America
Bank of America
Total Assets
$3.4 billion
Chase
$2.6 billion
Bank of America
Digital Banking
4.7/5
Chase
4.5/5
Bank of America
Customer Service
4.2/5
Chase
4.1/5
Bank of America
Best Savings Rate
0.01%
Chase
0.01%
Bank of America
Detailed Comparison
Checking Account Comparison
Chase Checking Accounts
| Account | Monthly Fee | Min Balance | Overdraft Fee |
|---|---|---|---|
| Total Checking | $12 | $1,500 | $34 |
Bank of America Checking Accounts
| Account | Monthly Fee | Min Balance | Overdraft Fee |
|---|---|---|---|
| Advantage Plus Banking | $12 | $1,500 | $35 |
Savings Account Comparison
Chase Savings Accounts
| Account | APY | Type | Monthly Fee |
|---|---|---|---|
| Chase Savings | 0.01% | Regular | $5 |
Bank of America Savings Accounts
| Account | APY | Type | Monthly Fee |
|---|---|---|---|
| Advantage Savings | 0.01% | Regular | $8 |
APY Comparison
Annual Percentage Yield (APY) shows the effective annual yield accounting for compound interest. Higher APY means more earnings on your deposits. Rates are accurate as of 6/8/2025 and may change based on market conditions.
Credit Card Comparison
Chase Credit Cards
| Card | Annual Fee | APR Range | Rewards |
|---|---|---|---|
| Sapphire Preferred Rewards | $95 | 17.99% - 26.99% | N/A 60,000 points |
Bank of America Credit Cards
| Card | Annual Fee | APR Range | Rewards |
|---|---|---|---|
| Customized Cash Rewards Cash Back | No annual fee | 15.99% - 25.99% | 3% cashback $200 cash back |
Mortgage Comparison
Chase Mortgage Products
| Mortgage Type | Interest Rate | APR | Term |
|---|---|---|---|
| 30 Year Fixed | 6.30% | 6.45% | 30 years |
Bank of America Mortgage Products
| Mortgage Type | Interest Rate | APR | Term |
|---|---|---|---|
| 30 Year Fixed | 6.30% | 6.45% | 30 years |
Rate Information
Mortgage rates are subject to change based on market conditions and individual financial profiles. APR includes the interest rate plus other costs such as origination fees, discount points, and other closing costs. Contact each lender for personalized quotes based on your specific situation.
Strengths and Weaknesses
Chase
Strengths
- High customer satisfaction rating
- Excellent digital banking experience
- Superior customer service
- Larger branch network
Weaknesses
Bank of America
Strengths
- Excellent digital banking experience
- Superior customer service
Weaknesses
- Smaller branch network
Which Bank is Right for You?
Choosing between Chase and Bank of America depends on your specific banking needs and preferences. Here's a quick guide to help you decide:
Choose Chase if you value:
- Higher overall customer satisfaction
- Better digital banking experience
- Access to more physical branch locations
- More responsive customer service
Choose Bank of America if you value:
Customer Profile Considerations
Chase might be better for:
- • Customers who prefer in-person banking
- • Tech-savvy customers
Bank of America might be better for:
- • Tech-savvy customers
Ready to Open an Account?
Compare specific account options from these banks
Rate Comparison Tools
Use our comparison calculators to see which bank offers better returns on your deposits or lower costs on loans.
Compare RatesRead User Reviews
See what actual customers are saying about their experiences with these banks.