Do not waste your time working for Chase Bank - Licensed Personal Banker Chase Employee Review

1.0
12 Jun 2008
Recommend
CEO approval
Business outlook

Pros

I worked for Chase Bank which is a subsidary of JP Morgan, so my review is only for Chase Bank. If you are not licensed in the financial industry, then I would come here to get licensed and then leave. They will pay for the Finra Series 6, Series 63, and Insurance licenses. The best thing about working for Chase Bank is that you will be close to home!!

Cons

Too many to count, and I am not a bitter ex-employee! Compared with the Financial Industry, the pay is extremely low. As a Personal Banker, my base salary was $32k a year plus commission. Don't plan on earning much commission, because they cap your commission. For instance, the products which earn good commission are capped, so that a banker will sell all products, and not only the ones which pay well. I should mention that the products earning good commission have the highest margins, so the company is profiting even more!! The managers push opening up checking and savings accounts over selling any other product. An employee could bring in $500k investment, however if you don't open up a checking/saving account, then they don't care. The managers also are not licensed, so each Personal Banker is more knowlegible than the manager. This certainly does not help when trying to learn from, look up to, or respect your boss!

Explore other reviews about Chase

5.0
26 Oct 2025
Recommend
CEO approval
Business outlook

Pros

- Good benefits (401k, etc) - Good salary

Cons

- Work from home balance - Management

4.0
9 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Commission is good if you are in a good area

Cons

Base is low at Chase

See reviews by: Helpful|Rating|Date|All