[Expired] Chase $100 Savings Bonus ($5,000 Requirement Instead Of $15,000)

Maximum bonus amount: $100
Availability: Nationwide (must open account in branch)
APY: 0.01%
Deposit: $5,000 required for 90 days
Hard/soft pull: Soft
Credit card funding: Not available when opening in branch
Monthly fees: $5, waivable
Early account termination fee: Bonus taken back if closed within six months
Expiration date: September 30th, 2016 (although these coupons might only have a limited number available)

Contents

1 The Offer
2 The Fine Print
3 Avoiding Fees
4 Our Verdict

The Offer

Direct link to offer

Open a Chase savings account, deposit $5,000 or more in new money and maintain a balance of at least $5,000 for 90 days and receive a $100 bonus

The Fine Print

Savings offer is not available to existing Chase savings customers, those with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance.
After you have completed all the above requirements, we’ll deposit the bonus in your new account within 10 business days.
You can only receive one new savings accountrelated bonus each calendar year and only one bonus per account.
If the savings account is closed by the customer or Chase within six months after opening, we will deduct the bonus amount at closing.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

There is a $5 monthly fee, this is waived if you do any of the following:

Have a minium daily balance of at least $300
Have at least one repeating automatic transfer from your personal Chase checking account
Be under the age of 18
When linked to a Chase Premier Plus Checking, Chase Premier Platinum or Chase Private Client Checking

Our Verdict

Chase regularly offers bonuses of $200 for their savings account (and $300 for their checking account) but the savings account usually requires a deposit of $15,000 for 90 days. This is an option for people that don’t have $15,000, or can’t float $15,000 for 90 days. The account basically earns no interest and you’d need to keep $300 in there after the 90 days are up for another three months or so to hit that six month mark so you don’t forfeit the bonus (or do the recurring transfer from Chase checking).

Probably not worth going into a Chase branch just for this, but you could do it with the $500 business checking bonus and also try to get around the 5/24 rules for Chase cards when in branch as well. I’m going to add this bonus to our best saving account bonuses.

Big thanks to reader, Nick D who let us know. Please consider sharing bank bonuses with this site so we can make it even better.

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