Posted by Chuck on January 13, 2017
Bank Account Bonuses

Published on January 13th, 2017 | by Chuck

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[Expired] Chase $500 Checking and Savings Bonus Now Publicly Available! [In-Branch Only]

This deal has now expired, you can view the best bank bonuses by clicking here.

The $500 checking and savings offers from Chase are typically targeted or available for purchase on eBay.There’s now a banner link that’s working to get this offer for anyone. We don’t know how long it will last. You don’t need to complete the offer right now, but go ahead and click the link and get the coupon now, so you have until March 7 to get to a branch and open the account.

Offer Details

  • Maximum bonus amount: $500 ($300 checking & $200 savings)
  • Availability: Nationwide (must open account in branch)
  • Direct deposit required: Yes, no minimum. Click here to view what triggers this bonus.
  • Additional requirements: None for checking; $15,000 balance for savings
  • Hard/soft pull: Soft
  • Credit card funding: Not available when opening in branch
  • Monthly fees: $12, waivable
  • Early account termination fee: Bonus taken back if closed within six months
  • Expiration date: March 7, 2017

The Offer

Direct link to offer

The link will prompt you to sign into your Chase account and will then generate a unique coupon code. You need to print out the coupon and bring it into your local Chase branch to get this offer.

  • Receive a bonus of $300 when you open a Chase Total checking account with $25 or more and have a direct deposit post to the account within 60 days
  • Receive a bonus of $200 when you open a Chase savings account and deposit $15,000 or more in new money within 10 business days and maintain a balance of $15,000 for 90 days

Screen Shot 2017-01-13 at 11.34.33 AM

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)
  • You can receive only one new checking and one new savings account opening related bonus per calendar year and only one bonus per account
  • Bonuses are considered interest and will be reported on IRS Form 1099-INT
  • “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 business 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 $5. Monthly fee is waived with any ONE 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 in the checking account
  • 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, they sometimes run out of coupons fast. If you’re thinking of doing this deal I’d recommend acting quickly to get the coupon. You’ll then have until March 7 to get to a Chase branch and open the account.

Here’s how I’d go about getting this $500 bonus:

  • Bring the coupon to a local Chase branch and open a Savings and Checking account.
  • Deposit $25 into the checking and $15,000 into the Savings.
  • Get a direct deposit to the Chase checking account. See what has counted for direct deposit in the past here.
  • Wait until the Tuesday after completing the requirements for the bonus to post. (Chase tends to always post the bonus on a Tuesday.) If you don’t receive the bonus, use another direct deposit to try and trigger it.
  • Wait 90 days from the date of deposit and transfer over money from savings to checking to bring the balance to $1,500. Then transfer out the remainder of the $15,000 to your regular high-interest savings account, but leave $300 in the Chase savings account. With $1,500 in checking and $300 in savings the account will remain fee-free.
  • Wait until 6 months after the opening date.
  • Withdraw all funds & close the accounts.

You can also choose to just do the checking or just the savings if you prefer not to do both.

Chase bank bonuses are from the best bank bonus around. There is no minimum on the direct deposit requirement, it’s easy to keep the account fee free, and the bonuses are a nice chunk of change. If you’ve never completed a bank bonus before, this is a good one to start with. We’ll be adding this bonus into our list of Best Bank Bonuses.

It’s interesting to note is that the above link is capable of generating multiple unique coupon codes to the same Chase account. So if you want to save a second code for a friend, just reload the page and you’ll see another unique code.

Remember to always check your Chase preapproved credit card offers when visiting a Chase branch; you might even get lucky and end up with a Sapphire Reserve preapproval or an INK preapproval.

Hat tip to merakik on Reddit



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Moe
Moe

If offer not available to existing Chase checking customers, how can you login to get the bonus? Only if you have savings account etc…?

Ken
Ken

You need any kind of account, so a credit card account would also work for this.

LOVE these deals and we both get them once a year.

moe
moe

So if I dont have a credit card account, I cant get it?

Ken
Ken

If you post your email I’m sure someone can send to a PDF of the page for you to printout.

Ken
Ken

Or you can ask someone you know who has a Chase account.

Jan B
Jan B

My goodness, Google is your friend. “chase checking savings bonus 2017” could work.

Andre
Andre

Will an existing Business Checking with Chase disqualify from getting these bonuses?
Thanks!

david shreve
david shreve

No

Bill M
Bill M

I guess I am out of luck for the checking bonus since my Mom added me to her checking account years ago.

Jan B
Jan B

I just happened to remove my name in mid-2016 from my DH’s checking.

Didn’t know it would put in such a sweet spot for the new year! 🙂

William Charles

Ask to be removed 🙂

WorldTraveler
WorldTraveler

Does Chase match banking account offers? I signed up for the $200 Checking bonus this week.

Eli
Eli

No. I signed up for the $200 checking bonus and got a mailer for $300 two days later. I went in branch and sent a SM to see if they would match. Denied on both requests.

They actually expedited the $200 bonus before I met the direct deposit requirements just so they could say the bonus is already deposited in my account and they couldn’t change it. Oh well…

beachfan
beachfan

Any evidence that having on of these accounts enhance the chances of preapproved CSR offers?

Thanks as always!

William Charles

There is some evidence, not sure how much of a difference it makes.

Jan B
Jan B

Just did mine several days ago with $10K. Also, the checking. Can’t remember what I am getting but it doesn’t matter, I have IRA contribs to make and couldn’t spare another $5K.

For me Chase is a bit like Walmart when it comes to trying times and beneficial services. In other words, the place you almost love to hate, but yet, hate to love. The bonuses do make it easier, though.

It’s all about the service in the branch. I was blessed with a WONDERFUL CSR from Private Client that day, though.

cm
cm

This is why it is good to jump on these things. Last year I lollygagged about this same deal (why I don’t know!) and eventually got it. I can only close my own now (well, as of Jan 1st or so) and my wife’s by Mar, so I am still well within the 90 days lock-out window. 🙁 Had I started earlier, I would have been closed earlier and could have done it.

That said, I might get lucky and they’ll either extend it or run the same promotion later in 2017 and I’ll pick it up then.

cm
cm

Ha, I just found out my branch rep told me the wrong dates for when the 6 month “must keep open” period ended. Turns out I could have closed both my and my wife’s by Jan 3, so would have been able to hop on this round of the promotion.

Then the other in-branch rep was telling me it was 6 months from when the initial deposit or the direct deposit hit. Which is also not true!

Lesson here: don’t rely on what they tell you. Read the fine print, use the calendar, set a reminder, and only then confirm with a branch manager. I may have just made a $1k mistake! (if they don’t extend or re-offer this promotion again in 2017).

William Charles

Wouldn’t worry too much, you can basically always buy these from ebay for a few dollars even if not public offer is available

Adam
Adam

Any restriction on getting these if you have an address in a state without Chase branches (like PA)?

10g
10g

Also like to know. I’m in Minnesota without any chase branch, but planning to go to a branch in Wisconsin to open.

Andrew
Andrew

I live in Philadelphia (PA) area and have made the trip twice to trenton, NJ to open an account. Will be making a third trip soon — they’ll ask questions about it but it’s been no problem.

Joe
Joe

I went into my local Chase branch today, to open a savings account for the $200 bonus. After the bank official finished with that, she asked if I was interested in a credit card. Now, I have been way over 5/24 for a long time, and have three of the Chase “hotel” cards. I asked which card in particular, and she showed me the computer screen that showed I’d been pre-approved for the Chase Sapphire Preferred. I said sure, she continued the process. While I was still sitting there, the final approval came through. I’ve seen before comments about the advantages of applying in-branch, but had never experienced it before. Thanks, Doctor!

AB
AB

Just as an FYI for those of you considering the savings side. At $200 over 90 days, you are earning an extra 5.33% APR on your $15k. So your total effective rate is 5.34%. If you’re pulling it from a high yield account, that may not be worth the hassle. But the $300 for just a simple DD on $1500 is definitely worth it.

SEFlyer
SEFlyer

This is a great bonus but Chase fraud department can get a little over zealous. Finally convinced my spouse to apply for this offer when it was available in December. Had nothing but trouble from Chase since. Account was been frozen twice in first week. Only way to clear is to go into branch again. First suspicious activity my wife deposited a check from her mother to open the saving account. This was done in person at the branch. Second suspicious activity ACH transfer of money from external credit union to bring the saving account to $15,000, required to get bonus. The worst part Chase refused to discuss any issue on the phone, even after verification of identity. She was forced to go in person to the branch to resolve. So if you go for this offer don’t do anything suspicious like depositing the required money to get the bonus, or worse deposit a check from your mother.

Tim
Tim

Any info on what triggers the DD requirement? TIA

Vijayv
Vijayv

Like last time around, if anyone wants coupon code you can email me at vij.natarajan@gmail.com and I’ll send you code for free your way.

William Charles

Thanks, Vijayv!

nathan
nathan

was able to use 2 codes provided by vijay for me and my fiance in branch.worked like a charm. Thanks!!!

banker just asked for the codes and did not need to see a print out or PDF – im assuming other branches could vary on this. Expires soon so take advantage!!

DD
DD

I love Chase. It’s always so direct and easy to process.

a
a

Dumb question… how do you deposit the $15000 on account open? Do I transfer it there from my regular savings account? Do I do it later on my own?

DD
DD

I would do it later, at my convenience, in whatever manner that is convenient for me, on my own.
This may include a cashier check from a non-Chase or Non-Chase-Affiliate account.
$15K must be banked within 10 days, and kept there for 90. It could be a simple bank-to-bank transfer, a combination of cash, money orders, and cashiers checks, as far as I can tell.
I like that I am able to ask a direct, simple question of most Chase employees and get a REAL easy answer.

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