Captured before automated identity checks (Oct 14, 2026): accurate as of its capture on Jul 12, 2026; our capture on Oct 15, 2026 found the same text, but its identity was not checked by them.
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This page describes what the document states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability may vary by jurisdiction. Methodology
This is JPMorgan Chase Bank's Deposit Account Agreement, the foundational contract governing all personal checking, savings, CD, and business deposit accounts opened at Chase. The agreement authorizes Chase to apply funds from any of a customer's accounts to satisfy debts owed to Chase or its affiliates, including debts on joint accounts and, to the extent permitted by law, federal benefit payments such as Social Security that have been deposited. The agreement also requires that most disputes be resolved through individual arbitration rather than court proceedings, and includes a class action waiver.
This document is the JPMorgan Chase Bank, N.A. Deposit Account Agreement (effective 6/14/2026), a contract governing all personal, business, and J.P. Morgan Private Client deposit accounts, operating under federal banking law and applicable state law where federal law does not supersede. The agreement states that Chase may close accounts at any time without prior notice, reserves the right to change interest rates without limits or notice on variable-rate accounts, asserts a broad right of set-off against all accounts including federal benefit payments to the extent permitted by law, and requires disputes to be resolved through arbitration with a class action waiver. The agreement's shortened lawsuit filing period (section IX.Q), its assertion that multiple-signature requirements carry no legal effect, and its provision permitting Chase to share account information with third parties in connection with transactions, legal process, and as permitted by its Privacy Notice are operationally distinct provisions; the class action waiver and arbitration clause are broadly standard in retail banking but the set-off provision's explicit extension to federal benefit payments may be subject to federal preemption analysis depending on the specific benefit type and jurisdiction. The agreement engages the Electronic Fund Transfer Act and Regulation E (administered by the CFPB) for personal account EFT protections, the Gramm-Leach-Bliley Act for financial privacy disclosures, Regulation CC for funds availability, the Uniform Commercial Code for negotiable instruments and security interests, and ERISA for retirement account provisions; California residents are additionally directed to the CCPA Disclosure for business account personal information, though the agreement notes the CCPA does not apply to personal information governed by GLBA or FCRA.
The agreement establishes that Chase may close any deposit account at any time without prior notice for any reason, and may use funds across all of a customer's accounts to satisfy debts owed to Chase or its affiliates, including joint account funds for any owner's individual debt. Under these terms, most disputes must proceed through individual arbitration rather than court, and the agreement includes a class action waiver. You can change direct deposit instructions with the paying organization at any time if you do not want subsequent deposits applied to overdraft repayment.
Which mapped governance frameworks each document engages, tied to the specific provisions that engage them.
We withheld clauses we had published from this document. Each withholding is recorded in our correction log:
“If you owe a debt to us or any of our affiliates (either now or in the future) that is due or overdue, you grant us a right of set-off to, and a security interest in, all of your accounts …”
“X. Arbitration; Resolving Disputes”
“It's your responsibility to avoid overdrawing your account. You must immediately pay the amount of any overdraft together with any applicable fees or interest. Until you pay such balance in full, you will pay fees or interest on the amount …”
“Q. Permitted Time for Filing a Lawsuit”
“Either you or we may close your account at any time for any reason or no reason without prior notice. We are not required to close your account at your request if you have pending transactions, the account is overdrawn, …”
“Early withdrawal penalties: There is a penalty for withdrawing principal prior to the maturity date. For Personal CDs: … If the term of the CD is less than 6 months, the early withdrawal penalty is 90 days of interest on …”
“We may record and/or monitor any of our telephone conversations with you. If we do record, we do not have to keep the recordings, unless the law says we must. We may use your voice to verify your identity. When …”
“Interest-bearing accounts have a variable interest rate. That means we may change the interest rate and Annual Percentage Yield as often as we choose, without limits and without notice.”
We have not recorded a change to this document since we began capturing it. Monitor includes alerts from a daily check, structured change summaries, and monitoring for up to 20 platforms.
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