Section X of the agreement establishes that most disputes between the account holder and Chase are to be resolved through individual arbitration rather than court proceedings, and includes a waiver of the right to participate in class action litigation. The full text of this section is referenced in the table of contents but was not reproduced in the provided document excerpt.
This analysis describes what Chase's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision requires individual arbitration for dispute resolution and forecloses class action participation, which are standard but material terms in consumer financial services agreements. The CFPB has previously examined arbitration clauses in consumer deposit agreements; enforceability may vary by jurisdiction and applicable state consumer protection law.
Interpretive note: The full text of Section X was not reproduced in the provided document excerpt; the provision name and location are confirmed but specific opt-out mechanisms and deadlines cannot be verified from available text.
Under this clause, disputes with Chase regarding deposit accounts proceed through individual arbitration rather than court, and the agreement includes a class action waiver. Consumers who wish to preserve litigation options should review any opt-out mechanism and deadline specified in Section X.
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Compare across platforms →"X. Arbitration; Resolving DisputesExcerpt from Chase's Deposit Account Agreement
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This provision requires individual arbitration for dispute resolution and forecloses class action participation, which are standard but material terms in consumer financial services agreements. The CFPB has previously examined arbitration clauses in consumer deposit agreements; enforceability may vary by jurisdiction and applicable state consumer protection law.
Under this clause, disputes with Chase regarding deposit accounts proceed through individual arbitration rather than court, and the agreement includes a class action waiver. Consumers who wish to preserve litigation options should review any opt-out mechanism and deadline specified in Section X.
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