Expired. This offer has now unfortunately expired, we will be giving away some of these coupons to lucky readers soon.
This offer was briefly expired, we’ve now found a working link again – thus us reposting this deal. It originally appear on March 25th, 2015.
- Maximum bonus amount: $450
- Availability: Nationwide (must open account in branch)
- Direct deposit required: Yes, no minimum. Click here to view what triggers this bonus
- Additional requirements: None
- Hard/soft pull: Soft
- Credit card funding: Up to $500, no Chase cards (not available when opening in branch)
- Monthly fees: $10-12, waivable
- Early account termination fee: Bonus taken back if closed within six months
- Expiration date: May 7th, 2015 (although these coupons have a limited number, so will run out well before then)
Contents
The Offer
- Receive a bonus of $300 when you open a Chase total checking account and set up a direct deposit
- Receive a bonus of $150 when you open a Chase savings account and deposit $10,000 or more in new money within 10 days and maintain a balance of $10,000 for 90 days (there is another Chase savings bonus for $175 which requires a deposit of $15,000 but doesn’t require you to keep it in the account for 90 days, I think this is a better deal)
The Fine Print
- Offer not available to existing Chase checking customers, or those who have had accounts closed in the last 90 days (or with a negative balance)
- Direct deposit must be received within 60 days of account opening
- Direct deposit must be paycheck, pension or government benefits (such as Social Security) from your employer or the government
- Must open account in branch
- Bonuses will appear within 10 days of meeting the requirements
- Interest rate on the Chase savings account is 0.01%
Avoiding Fees
Savings Account
The Chase Savings Account comes with a monthly service fee of $4 in most states and $5 in CA, FL, GA, ID, NV, OR and WA. Monthly fee is waived with any of the following:
- Keep a minimum daily balance of $300 or more.
- Have at least one repeating automatic transfer from your Chase checking account of $25 or more. One time transfers do not qualify.
- Have a linked Chase Premier Plus Checking, Chase Premier Platinum Checking, or Chase Private Client Checking account.
Checking Account
The Chase Total Checking account comes with a monthly service fee of $10-$12 which is waived if complete any of the following:
- Have monthly direct deposits totaling $500 or more
- Keep a minimum daily balance of $1,500 or more
- Keep an average daily balance of $5,000 or more in any combination of qualifying Chase checking, savings and other balances
Early Account Termination Fee
If you close either account within 6 months of account opening, you will forfeit the bonus.
Our Verdict
With these e-mail coupon bonuses, there is only a certain amount of them before they run out – if you’re thinking of doing this deal I’d recommend acting quickly. I’m going to do the $300 Chase Total Checking bonus, but I’m not going to do the $150 Chase Savings bonus. As I mentioned previously, I think the $175 bonus is far better value as you don’t need to keep the funds deposited for 90 days.
Here is my plan for the Chase total checking account:
- Open a Chase total checking account, using a non Chase credit card to fund it with $500
- Add a direct deposit of $1,000+ of my pay check (if you can’t easily change this, check what else has counted as a direct deposit before). This will trigger the bonus requirement and also give me a balance of $1,500+ which will keep the account fee free
- Wait until the Tuesday after I’ve completed the the requirements (Chase is weird and always posts the bonuses on a Tuesday), if I didn’t receive my bonus use another direct deposit to try and trigger it
- Wait 6 months
- Withdraw my funds & close my accounts, getting ready to do it all again in 2016.
I think Chase bank bonuses are one of if not the best bank bonus there is. There is no minimum on the direct deposit requirement, it’s easy to keep the account fee free and the bonuses are massive as well. If you’ve never completed a bank bonus before, this is the one to get your feet wet with. We’ve added this bonus to our listing of all new checking promotions.
Hat tip to Take Off With Miles
Ok, so the Tuesday AFTER the 90 days, right?
Basically, real-world experience proves that the following is 100% inaccurate and “fine print” only that isn’t applied in practice?
“Direct deposit must be paycheck, pension or government benefits (such as Social Security) from your employer or the government”
Yeah, that’s not always enforced. Or they can’t tell the difference always. In any case, often an ACH transfer will do the trick.
I’m getting a bit nervous about missing out on the bonus and this being a complete waste…
Bbird ACH doesn’t seem to have triggered the bonus yet…how long do you think one should expect to wait for this “direct deposit” bonus trigger to be pulled by Chase? The clock is ticking faster and faster on the 60 day direct deposit requirements 🙁
As for the other account bonus, how long does it usually take for the savings bonus to appear?
It should post the Tuesday after you complete the direct deposit, if it hasn’t then try something else.
Thanks for the tip for the direct deposit to checking. How about the savings bonus?
Good news- the checking bonus is pending just like you said (on Tuesday)
Data point- Bbird ACH transfer
How about the savings bonus? Any idea when that usually posts?
Tuesday after requirements are met, funds need to be invested for a minimum of 90 days.
If a person does an ACH from Bluebird to meet the direct deposit requirement, does it matter the amount of the ACH? Does it need to be larger to “seem” like a direct deposit from an employer or does that not really matter? An example minimum amount would be appreciated if you think that matters. How long after the ACH posts to Chase should one expect the bonus to post?
Any deposit will work for Chase
Any deposit of any amount via ACH transfer will count as your employer/government direct deposit within 60 days requirement?
Clarification please: Any deposit of any amount via ACH transfer will count as your employer/government direct deposit within 60 days requirement?
Thanks so much for confirming.
Serve ACH worked for checking DD requirement.
Corey, please see my recent post and comment if you know the answer based on your Serve ACH experience. Thanks so much!
Which post Matt?
FYI I tried Schwab first and it didn’t work.
If a person does an ACH from Bluebird to meet the direct deposit requirement, does it matter the amount of the ACH? Does it need to be larger to “seem” like a direct deposit from an employer or does that not really matter? An example minimum amount would be appreciated if you think that matters. How long after the ACH posts to Chase should one expect the bonus to post?
Just a note that if you have closed an account recently, you may still be able to get the bonus. My banker knows me and just asked why I closed my account and now want to open another. The bonus convinced me to come back!
Does this offer run out when the coupons run out, or when too many people have used the coupons?
I plan on using a Target Prepaid Redcard from “Redcard Resales” online to meet the minimum spend requirement.
As long as you have the coupon, you’ll be able to use it. The only thing that runs out is being able to get the coupon.
Does the direct link to the offer work for other people? When I click it, it gives me a 404 error.
Is there a minimum DD amount that is required to get the bonuses? I have a $100 DD set up for my next paycheck and was wondering if this was OK to meet the bonus requirements.
No minimum DD requirement, have done $1 before.
This is probably common knowledge, but if you’re a veteran/active duty military, you qualify for their military checking. No fees, no balance requirements. Opened my account yesterday.
Just got mail…
$300 for total checking w/ DD
$200 for savings, $15k for 90 days.
I think I’ll go with $175 – for 15k no-min…
So, have the rules changed for DD/P2P ?
Anybody try Redbird, which is amx/serve as DD?
I just had success with Serve within the past couple weeks.
Redbird ach worked !
My VA DD got me a super no-fee checking acct.
$475 and no-fee checking/savings … not too bad 🙂
Thanks, added your data point.
Red card ach worked for chase in July, 2nd tuesday after deposit bonus was deposited into my account
Thanks, added the data point.