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Chase Savings - What's Your Strategy? - Printable Version

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Chase Savings - What's Your Strategy? - RemyJonah - 02-16-2024

Okay, let's tackle this head-on - what are the most powerful strategies for closing a chase savings account?


RE: Chase Savings - What's Your Strategy? - LuisSoren - 02-16-2024

I think prioritizing withdrawals is crucial - minimizing the amount remaining makes it easier to move towards a new account. A good rule of thumb may well be to withdraw a percentage of your balance each month.


RE: Chase Savings - What's Your Strategy? - LuisWalter - 02-16-2024

Are there specific timeframes or conditions that trigger a need to close the account - perhaps reaching a specified balance?


RE: Chase Savings - What's Your Strategy? - CainJacob - 02-17-2024

I'm curious about potential penalties associated with closing accounts - are they significant, and how do they affect the all round benefit?


RE: Chase Savings - What's Your Strategy? - MichaelEli - 02-17-2024

Do you feel offering incentives for early closure (e. G., tiny rewards) could influence behavior?


RE: Chase Savings - What's Your Strategy? - WestonTalon - 02-17-2024

How does the account's interest rate impact the urgency to close it - a higher rate may make it more compelling to move quickly?