Yes, you can wire money from a Chase savings account, but you need to set it up through Chase's online banking or by calling them
Chase allows outgoing wire transfers from savings accounts, but the process differs slightly from checking accounts. You'll need to initiate the wire through Chase Online (their website or mobile app), by phone, or in person at a branch. The bank will ask for the recipient's bank details — their routing number, account number, and the name on their account — before sending the money.
Wire transfers from savings accounts carry the same fees as from checking accounts. Chase charges $15 for domestic wires (within the US) and $45 for international wires, though these fees vary by account type and may be waived for certain premium accounts like Chase Premier Plus or Sapphire accounts. The money typically arrives the same business day if you send it before the bank's cutoff time, usually 2 p.m. Eastern Time on weekdays.
Key Takeaways
- Chase charges $15 for domestic wire transfers and $45 for international ones, though some account types waive these fees.
- You must provide the recipient's routing number, account number, and the exact name on their account for the wire to go through.
- Domestic wires sent before 2 p.m. ET on a business day usually arrive the same day; international wires take one to three business days.
- You can initiate a wire through Chase Online, the mobile app, by phone at 1-800-935-9935, or at a branch in person.
- Chase limits the number of outgoing transfers from savings accounts to six per month under Regulation D, though wire transfers do not count toward this limit.
How to send a wire through Chase Online or the app
Log into Chase Online or open the Chase Mobile app and navigate to the transfer or payment section. Select "Wire Transfer" and choose your savings account as the source. You'll enter the recipient's bank details: their full name, routing number, account number, and the amount. Chase will show you the wire fee before you confirm.
For domestic wires, you can usually complete the transfer immediately. For international wires, Chase may ask additional questions about the purpose of the transfer and the recipient's relationship to you, as required by federal anti-money-laundering rules. Once you confirm, the wire is sent and cannot be recalled, so double-check the recipient's information before submitting.
Sending a wire by phone or in person
Call Chase at 1-800-935-9935 to initiate a wire transfer. A representative will walk you through the process and verify your identity. Have the recipient's routing number, account number, and full name ready before you call. The representative will confirm the wire fee and the expected delivery time.
You can also visit a Chase branch in person and ask a teller to send a wire. Bring a photo ID and have the recipient's banking information written down. In-person wires take the same time as online wires — same-day delivery for domestic transfers sent before 2 p.m. ET on a business day.
Wire transfer timing and when the money arrives
Domestic wires sent before 2 p.m. ET on a weekday arrive the same business day. If you send a wire after 2 p.m. or on a weekend or holiday, it enters the queue and sends the next business day. International wires take longer — typically one to three business days depending on the destination country and the receiving bank's processing speed.
The receiving bank controls the final step. Even if Chase sends the wire on time, the recipient's bank may hold the funds for a day or two before crediting the account. If the recipient's bank information is incorrect, the wire may be rejected or sent to the wrong account. Chase cannot recover a wire sent to the wrong account, so accuracy is critical.
Limits on transfers from your savings account
Federal Regulation D caps outgoing transfers and withdrawals from savings accounts at six per month. This limit applies to transfers to other accounts, payments to third parties, and ATM withdrawals — but not to wire transfers. Wire transfers do not count toward the six-transfer limit, so you can send as many wires as you want from your savings account without hitting this cap.
If you exceed six non-wire transfers in a month, Chase will charge a fee or convert your account to a checking account. Wire transfers are exempt, making them a way to move larger amounts from savings without triggering the limit.
Fees and account types that waive wire charges
Chase's standard wire fees are $15 domestic and $45 international. Some account types waive these fees entirely. Chase Sapphire Checking and Sapphire Reserve cardholders, as well as Chase Premier Plus customers, do not pay wire transfer fees. If you hold one of these accounts, confirm with Chase that your savings account is linked to the same relationship before assuming the fee is waived.
Business accounts may have different wire fees depending on the account tier. Check your account agreement or call Chase to confirm your specific fees. International wires may also include currency conversion fees if the recipient's bank is outside the US.
What to do if a wire transfer fails or goes to the wrong account
If you send a wire to an incorrect account number or routing number, contact Chase immediately. Domestic wires are usually irreversible once sent, but Chase can attempt to recall the wire if the receiving bank has not yet credited the funds. The sooner you report the error, the better your chances of recovery.
If the wire is rejected by the receiving bank (usually because the account number or routing number is wrong), Chase will return the funds to your savings account within one to three business days. You'll see a credit for the wire amount plus a reversal of the wire fee. If the receiving bank accepted the wire but sent it to the wrong account, recovery is much harder and may require the receiving bank's cooperation.
Frequently Asked Questions
Can I wire money from my Chase savings account to another bank?
Yes. You can wire to any US bank with a valid routing number, or to international banks. You'll need the recipient's full name, account number, and their bank's routing number (for domestic) or SWIFT code (for international). Chase charges $15 for domestic wires and $45 for international ones.
How long does a wire transfer from Chase take?
Domestic wires sent before 2 p.m. ET on a business day arrive the same day. Wires sent after 2 p.m. or on weekends enter the queue for the next business day. International wires typically take one to three business days depending on the destination country and the receiving bank's processing time.
Does a wire transfer from savings count toward my six monthly transfers?
No. Wire transfers are exempt from Regulation D's six-transfer limit. You can send as many wires as you want from your savings account without triggering the limit or incurring an extra fee for exceeding it.
What happens if I wire money to the wrong account?
Contact Chase immediately. Domestic wires are usually irreversible, but Chase can attempt to recall the wire if the receiving bank has not yet credited the funds. If the wire was rejected, the funds return to your account within one to three business days. If the receiving bank accepted it, recovery depends on that bank's cooperation.
Do I need to call Chase to wire money, or can I do it online?
You can wire money online through Chase Online or the mobile app without calling. You can also call 1-800-935-9935 or visit a branch in person. Online wires are fastest and available 24/7, though they process during business hours.