Is Chase private client only for wealthy people?

Written by Admin | Last Updated: July 2026

Chase Private Client is designed primarily for high-net-worth individuals, as it typically requires maintaining a combined average daily balance of at least $150,000 in qualifying deposit and investment accounts with the institution. Clients who meet this threshold gain access to personalized banking services, dedicated financial advisors, waived everyday banking fees, preferential rates on loans, and exclusive wealth management tools. While individuals who do not meet these deposit criteria can still utilize standard checking and savings accounts, the private client tier is tailored specifically for affluent customers seeking comprehensive wealth advisory solutions.

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