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Brian
Brian (@guest_2074510)
June 8, 2025 22:43

Is this offer gonna be extended beyond the July 16 date?

Jay
Jay (@guest_2074536)
June 9, 2025 00:39

Probably.

Jolly
Jolly (@guest_2072758)
June 5, 2025 10:00

I read the terms and conditions once more, it seems it has additional words compared to the fine print shown above. It says:

  • same: eligible J.P. Morgan investment accounts (opened in a Chase branch and serviced by a J.P. Morgan Private Client Advisor or Financial Advisor).
  • new: ineligible account: J.P. Morgan Wealth Management Personal Advisors account

I wonder if I open such an account, which the advisor may refuse to do, and get the bonus, then downgrade CPC to regular checking after the bonus. Then next year, if the designated financial advisor quit, will the account still be serviced by someone else?

Jay
Jay (@guest_2073034)
June 5, 2025 18:09

The T&C and fine print in this post have not been thoroughly maintained. Personal Advisors is a new wealth product launched a few years ago. It’s like a call center advisor relationship vs one person.

If your advisor quits your brokerage will either be reassigned to a different person or a generic contact #/email. The key (for eligibility) is that you have a full service brokerage account from JPMorgan.

Jolly
Jolly (@guest_2070064)
May 31, 2025 10:41

Anyone opened the full service brokerage after May 1st 2025? My friend met with a financial advisor in the branch recently and was told you are not allowed to place trade yourself in the full service brokerage any longer. Trade has to be placed through the advisor and they charge a fee to do that.
The advisor claimed it was a recent internal system change but he is dubious about that. I am hesitant to open such account if I cannot place trade myself, but the bonus is attractive.

T
T (@guest_2072025)
June 4, 2025 01:22

DP: Mine has been open since last year, but I’m still able to place trades myself online as of today.

Jolly
Jolly (@guest_2072755)
June 5, 2025 09:55
  T

Thanks. Probably that advisor was lying. But to make it easier to get this bonus I’ll just transfer some ETF in and do nothing.

Jay
Jay (@guest_2073031)
June 5, 2025 18:06

It’s easy enough to not trade. At minimum it’s a 45 day hold. Closer to 60 if you wait for the bonus to post before moving.

But they’re also lying. See the pricing sheet where it says on Chase.com: $0.00

https://www.chase.com/content/dam/chase-ux/documents/personal/investments/fullservice_fee_commish_schedule.pdf

Jolly
Jolly (@guest_2075741)
June 11, 2025 00:40

Thank you Jay.
> ANNUAL ACCOUNT FEES  $50 — How to avoid this fee: Be a Chase Private Client or have $25,000+ in combined investment balances or generate $50 in commissions in your account during a calendar year 

Does this mean if I transfer most asset out and downgrade to total checking, they will charge me $50 unless I upgrade to CPC again?

In terms of the fees,
> STOCKS AND EXCHANGE-TRADED FUNDS  1% of principal. Minimum commission of $25 may apply to stock and ETF trades. 
> STOCKS AND ETFS VIA CHASE.COM $0.00 
I guess the first one means trade placed by the advisor and the 2nd means trade placed by self?

I can refrain from trading for the period. But it is sketchy that the advisor lied about this..

Jay
Jay (@guest_2081017)
June 19, 2025 10:54

The account fee is not applicable when you’re CPC.

When you $0 out the brokerage account, they won’t charge the fee (been my experience). You’re free to down grade and close the checking after you get the bonus.

Yes, you can trade online or via app for $0 (stock and ETF).

Brian
Brian (@guest_2063876)
May 19, 2025 17:07

Can you open a full service brokerage account and invest in US treasuries or put into the premium deposit high-yield savings and get the bonus? I hear conflicting reports saying that Chase does not give the bonus if you put it into high-yield savings or treasuries… has anyone had success doing this recently?

Jay
Jay (@guest_2064163)
May 20, 2025 09:03

Treasuries are fine. Chase doesn’t have online purchase of new issues. Have to call, AFAIK. But you can use a treasury ETF or ACATS in existing t-bills you have.

Savings is not the same as treasuries (securities). I don’t know the mechanics of the premium deposit. If that’s in the brokerage account, then it’s presumably eligible. If regular savings, NO.

Jolly
Jolly (@guest_2070066)
May 31, 2025 10:44

You can also just purchase SGOV in another brokerage account and then transfer it in with dividend reinvested. It still gets almost the same benefits as treasury. Esp if you are in a state that has state income tax, you do not pay state income tax with SGOV dividends.

Alexander
Alexander (@guest_2058852)
May 10, 2025 08:19

Question if anyone can share their DP:
Had CPC for 2 years now (opened in 2023) and received bonus in late 2023. Can I move all my stocks to WF, then wait a couple of weeks, then apply a new code for CPC and then transfer the securities back and get another bonus?

Would Chase consider it as new money?

Chris
Chris (@guest_2060264)
May 13, 2025 12:03

I’ve done this recently. Search for the “churn” datapoints within the comments. After you move your securities out of CPC, I would downgrade the account. Wait a few weeks or months and then upgrade your account to CPC again and then bring back all those original securities.

DC
DC (@guest_2055727)
May 6, 2025 09:12

So I opened up a CPC checking targeting the $3,000 bonus for $500,000 in new money. the CPC banker was very accommodating but the JPM Wealth Management advisor is trying to sell me hard on the AUM-fee based account. From the get go, I said I’m not interest in that, only in the full service brokerage account. She said in our meeting that she doesn’t open these for clients, then said she does it for “some” clients, while continuing to push the AUM-fee based account. Finally, she said let me put a wealth plan together for you for free, we will go over it at our next meeting, and if you really don’t want it, I’ll open up the brokerage account for you. Is this how it normally goes? There is 0% chance I’m opening an AUM-fee based account so I am prepared to not move forward and lose the opp of the bonus, but does anyone have any advice how to push through to these folks? I get it’s not really in there interest, but don’t they get some incentive for just bringing some new money in? I guess worst case I will try a different advisor.

Jay
Jay (@guest_2057656)
May 8, 2025 17:03
  DC

Yes, there are other DPs that indicate advisors may try and push you away if you’re not interested in an AUM wrapper relationship.

You can either move forward with this advisor and push to get the account opened or try your luck at another branch. I would tease that you’re open to their advice and strategies. You can say you want to try the platform first (getting your assets in) before really committing yet.

I assume they get little to nothing for non-AUM assets. Advisor revenue production that isn’t an AUM fee would rely on commissions. I assume they figure we’re not going to be pursuing much commissionable activity.

DC
DC (@guest_2058873)
May 10, 2025 09:10

Thanks man very helpful!

Brian
Brian (@guest_2060592)
May 13, 2025 21:28
  DC

Were you able to open an investment account without an advisory fee as apart of cpc offer?

James
James (@guest_2060622)
May 13, 2025 22:14
  DC

I think it’s probably hit and miss. In my case, the JPM Wealth Management advisor just told me about all the different products, but gladly opened the full service brokerage account when I explained to him that’s the account type I wanted.

Brian
Brian (@guest_2061710)
May 15, 2025 16:12

The full service account has no advisory fee? Can you park all the money in there and get the bonus (and not in the checking account)?
Also is the full service brokerage account different then the self directed account?

Jay
Jay (@guest_2061979)
May 16, 2025 00:43

Yes and yes. This promo is only worth doing if you avoid an AUM wrapper fee. You cannot open the full service brokerage account own your own. It’s advisor opened.

Brian
Brian (@guest_2063959)
May 19, 2025 19:52

Can you open a full service brokerage account and invest in US treasuries or put into the premium deposit high-yield savings and get the bonus? I hear conflicting reports saying that Chase does not give the bonus if you put it into high-yield savings or treasuries

Jolly
Jolly (@guest_2070070)
May 31, 2025 10:47

Did the advisor say you cannot place trade yourself? If I just buy and hold then I do not need to do anything about the account but an advisor told my friend that their system no longer allow user to place trade themselves, probably for the full service brokerage account opened after May 1st.

James
James (@guest_2074192)
June 8, 2025 02:04

No. You can place trades for free on chase.com or chase app. Using an advisor costs $$.

Robert
Robert (@guest_2055183)
May 5, 2025 14:04

Is this language new?

You can receive only one Chase Private Client CheckingSM new money bonus or savings promotional rate offer in a 12‑month period from the last bonus coupon enrollment date

Jay
Jay (@guest_2055703)
May 6, 2025 08:21

No.

Jay
Jay (@guest_2051038)
April 28, 2025 22:50

Comboed CPC and total checking/savings:

1/3/25 – Open checking/savings online1/10/25 – upgrade to CPC in branch (existing full service brokerage account)1/24/25 – $300 checking pay out (DD with IBKR ACH push in prior week)2/2/25 – Push $15K to Chase savingsMid Feb – $500k+ in ETFs land at Chase (and were over $500k at day 45)4/4/25 – Pull $15k from savings4/8/25 – $600 savings+combo payout4/11/25 – initial partial ACATS out requested at receiving brokerage4/15/25 – CPC $3k payoutin progress: downgrade CPC status; close savings; clear out brokerage account with partial ACATS and then transfer remaining cash via ACH after brokerage unfrozen (~week after ACATS)Have done this churn a few times now.

Jay
Jay (@guest_2051245)
April 29, 2025 10:51

^ I swear this had bullet points when I was writing the above lol. Trying numeric list.

1/3/25 – Open checking/savings online1/10/25 – upgrade to CPC in branch (existing full service brokerage account)1/24/25 – $300 checking pay out (DD with IBKR ACH push in prior week)2/2/25 – Push $15K to Chase savingsMid Feb – $500k+ in ETFs land at Chase (and were over $500k at day 45)4/4/25 – Pull $15k from savings4/8/25 – $600 savings+combo payout4/11/25 – initial partial ACATS out requested at receiving brokerage4/15/25 – CPC $3k payoutin progress: downgrade CPC status; close savings; clear out brokerage account with partial ACATS and then transfer remaining cash via ACH after brokerage unfrozen (~week after ACATS)
Have done this churn a few times now.

JD
JD (@guest_2051261)
April 29, 2025 10:58

You can’t edit any comment using the formatted list or it will lose it forever…

Voyager
Voyager (@guest_2051374)
April 29, 2025 12:27
  JD

Great, DP, I am planning to upgrade to CPC this weekend. P2 is still waiting for savings and an additional bonus, but this DP will help and won’t open the new account.

  • 1/3/25 – Open checking/savings online
  • 1/10/25 – upgrade to CPC in branch (existing full-service brokerage account)
  • 1/24/25 – $300 checking payout (DD with IBKR ACH push in prior week)
  • 2/2/25 – Push $15K to Chase savingsMid Feb – $500k+ in ETFs land at Chase (and were over $500k at day 45)
  • 4/4/25 – Pull $15k from savings
  • 4/8/25 – $600 savings+combo payout
  • 4/11/25 – initial partial ACATS out requested at receiving brokerage
  • 4/15/25 – CPC $3k payout in progress:
  • downgrade CPC status; close savings; clear out brokerage account with partial ACATS, and then transfer remaining cash via ACH after brokerage unfrozen (~week after ACATS)
  • Have done this churn a few times now.
Jack
Jack (@guest_2052512)
May 1, 2025 05:58

So, P1 already got the full $900?

baklava23
baklava23 (@guest_2088526)
June 28, 2025 18:41

How long after receiving the bonus or from coupon enrollment date do you plan to downgrade CPC status? Do they take the bonus back as Etrade needs you to hold it for 1 year after transfer to avoid clawback

Jay
Jay (@guest_2051546)
April 29, 2025 16:01
  JD

Ah! I never noticed that, thanks.

JD
JD (@guest_2051554)
April 29, 2025 16:25

Lol, np…annoying but it is what it is. Even if there was a fix I get the feeling Will is like, F that, deal with it.

Voyager
Voyager (@guest_2052517)
May 1, 2025 06:19

I believe it should not matter, but I just thought of confirming. If you bring in, let’s say, assets worth 500 K+ on day 15, and due to market fluctuations, if portfolio value drops below 500K on Day 45, would you still receive a 3K bonus?

Jay
Jay (@guest_2052554)
May 1, 2025 08:49

It has to be $500k on day 45 I think per the terms saying that’s when transfer is assessed. But I don’t know practically speaking. I’ve always above the threshold (on transfer $ and balance at day 45).

Chris
Chris (@guest_2052779)
May 1, 2025 14:59

It only matters what the value is on the day that the assets are transferred in.

https://www.doctorofcredit.com/are-brokerage-bonuses-affected-by-market-downturns/

Voyager
Voyager (@guest_2052802)
May 1, 2025 15:52

Thanks. Per the printed bonus tracking sheet, (Net) New money inflows in the first 45 days determine the bonus, so market fluctuations shouldn’t matter.

Jay
Jay (@guest_2054261)
May 3, 2025 22:46

Voyager the terms say day 45 is when it is valued. Market fluctuations after do not affect you (assuming no withdrawals).

“At day 45, the bonus tier will be determined in the following manner: New Money Inflows Cash Bonus $150,000‑$249,999.99 $1,000 $250,000‑$499,999.99 $2,000 $500,000+ $3,000″

tribesman55
tribesman55 (@guest_2061055)
May 14, 2025 16:50

I can confirm what Chris says is true, back in 2023 when I did this bonus I transferred in a position of all one stock and it tanked well below the threshold before the 45 day mark after transferring in and I still received the 3k bonus. Assets being valued on day of settlement to calculate the bonus is almost universal across every brokerage platform for bonuses. The only outlier is WellsFargo where they tell you straight up it needs to be 250k + at all times because its a checking account bonus that lets you use WellsTrade to get to the required level.

Jay
Jay (@guest_2054263)
May 3, 2025 22:49

Chris are you aware of a specific DP? The terms say day 45 is when the value is assessed. Not the settlement day of transfer.

Chris
Chris (@guest_2058474)
May 9, 2025 13:49

I’ve churned this 2x. Per my own DP on the latest churn:
I transferred in stocks totaling over 250k in March (pre-tariff nonsense)
Received bonus on May 7 for 2k. My portfolio has not yet recovered the value of 250k.

Chris
Chris (@guest_2058476)
May 9, 2025 13:51

I should note that the value dropped below $250k post tariff news and was definitely not over that amount on day 45.

Jay
Jay (@guest_2058698)
May 9, 2025 19:14

Chris Great, thanks. I’ve always had my value increase or stay above the threshold at day 45. Good to know JPM is calculating sum of net transfers at day 45 (apparently).

While harder to get opened, this is a pro for JPM vs the WF Premier bonus which has stricter balance terms–there is some thinking that WF checks the value at EOM only, however.

Voyager
Voyager (@guest_2065172)
May 21, 2025 11:42

So, I submitted a full account transfer request to bring the entire account in-kind from Fidelity. When I submitted the request, I got a red exclamation mark/flag on the “Reviewed by us” step, saying, “Please Note: We may need additional information. Please check the Secure Message Center for notices regarding your open requests.

Nothing in the secure message, so I sent them a message to confirm the request is received, and the account will transfer in-kind seamlessly. Didn’t receive any message, but then got a call from the advisor asking me to send him the statement, and he will send me the DocuSign and submit the request.

One thing to note is that I didn’t link the Fidelity account; instead entered the info manually during a transfer request submission.

Is that normal flow for you as well? Jay, Chris

Jay
Jay (@guest_2065175)
May 21, 2025 11:43

If you didn’t link/login fidelity, they are wanting to confirm you own the account.

I always link because I don’t want to deal with paper forms.

tribesman55
tribesman55 (@guest_2061057)
May 14, 2025 16:53

I know you’ve had your full service brokerage for years now. Does it still have a private client advisor at a branch attached to it or did they assign it to the generic “Financial Advisor” after a certain amount of time?

Jay
Jay (@guest_2061981)
May 16, 2025 00:46

tribesman55 Other than an advisor swap within the first year, I still have an individual attached to my account. Even after months of $0 balance.

Jack
Jack (@guest_2062050)
May 16, 2025 05:36

Jay So, you’ve comboed CPC+Total multiple times? I was thinking about it, but I’m paranoid upgrading my total checking will jeopardize the $900 bonus.

Jay
Jay (@guest_2062084)
May 16, 2025 08:48

You can wait to receive the $900 and then upgrade if you’re really concerned. But it doesn’t really matter. CPC is more a balance related bonus. Just maybe ensure youre meeting the savings requirement ($15k) separately and not double counting for CPC.

BonusDuck
BonusDuck (@guest_2050895)
April 28, 2025 16:41

Any reports of 5K/500K mailers this year?

JT
JT (@guest_2050711)
April 28, 2025 11:17

To those hitting this, I kneel.

Jack
Jack (@guest_2052511)
May 1, 2025 05:56
  JT

I don’t understand