Question

How can you avoid the monthly service fee for Chase Sapphire Checking?

1) Maintain a minimum daily balance of $75,000
2) Make at least five debit card purchases per month
3) Set up direct deposit of at least $500 per month
4) All of the above

Answer 1

To avoid the monthly service fee for Chase Sapphire Checking, you need to maintain a minimum daily balance of $75,000, make at least five debit card purchases per month, and set up direct deposit of at least $500 per month.

Step-by-step explanation:

In order to avoid the monthly service fee for Chase Sapphire Checking, you need to do all of the following:

1. Maintain a minimum daily balance of $75,000. This means you should have at least $75,000 in your account every day to avoid the fee.
2. Make at least five debit card purchases per month. This means using your Chase Sapphire debit card for at least five purchases each month.
3. Set up direct deposit of at least $500 per month. This means arranging for your employer or another source of income to deposit at least $500 directly into your Chase Sapphire Checking account each month.

By fulfilling all of these requirements, you will be able to avoid the monthly service fee for Chase Sapphire Checking.