Posted by Chuck on June 8, 2016
Checking Accounts

Published on June 8th, 2016 | by Chuck

122

[Expired] Publicly Available: Chase $500 Checking and Savings Bonus (personal, not business)

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’ll have it to use before July 15 when the coupon expires.

[We reported two weeks ago about a $500 business offer; this offer is something different for a personal checking and savings account. You can do both the personal and business offers.]

  • Maximum bonus amount: $500
  • 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: 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: July 15, 2016 (although these coupons might only have a limited number available)

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 and set up direct deposit
  • Receive a bonus of $200 when you open a Chase savings account and deposit $15,000 or more in new money within 10 days and maintain a balance of $15,000 for 90 days

Screen Shot 2016-06-08 at 10.16.35 PM

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 $5. 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 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, 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 to get the coupon. You’ll then have until July 15 to get to a Chase branch.

Here’s how to go about getting this $500 offer:

  • 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 is weird and always posts the bonuses 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 $1,500 from the savings to the checking account. Then transfer $13,200 to your regular high-interest savings account. Be sure to leave $300 in the savings account to keep it fee-free.
  • Wait until 6 months after the opening date.
  • Withdraw all funds & close the accounts.

Chase bank bonuses are one of 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’ll be adding this bonus into our list of Best Bank Bonuses while it’s available.

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 log out and click the link again to get a second unique code.

Another interesting thing is that we had a similar publicly available offer one year ago exactly, and both have the same expiration date of July 15. Seems like an annual summer marketing campaign.

Best case scenario

Here’s the best case scenario for your imagination: You go into a Chase branch with this $500 coupon and the $500 business coupon (the business coupon expires soon – June 10). While you are there opening the bank accounts, the Chase banker tells you that you were targeted for an INK 70k offer (this happened to a DoC reader) and a CSP 50k offer, both with annual fees waived the first year. Since these credit card offers were pre-qualified offers, you get approved for them past 5/24.

Half hour later, you waltz out of Chase $1,000 and 120,000 UR points richer.

Likely? Maybe not. But we can always hope.  🙂

HT: thebigfatbitch on r/churning

 

Useful posts regarding bank bonuses:



122
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
M. Smith
M. Smith

Argh! Why are there no Chase banks in MN?!?

Danny boy
Danny boy

I received $400 premier checking account and and $150 for opening up both accounts last week

JP
JP

so I can drive to next state and still be eligible for the bonus? won’t they bring up residency when opening account. Never opened chase account! so this is new for me

IOException
IOException

Already dead.

Dave
Dave

Worked for me.

Dave_B
Dave_B

Works for me as well.

HML
HML

Worked for me too at 11:17

IOException
IOException

No idea what to tell you guys. Still says offer temporary unavailable. But I get paper statements and they send the coupon once or twice a year, so no biggie.

Philip
Philip

Is it correct that you need to have existing Chase account or credit card to be able to get the code?
I tried to get it but it needs to sign in. And I neither have nor can create a username. 🙁
Used to have a Chase account a few years back but my login doesn’t work any more.

William Charles

You’d need to be able to sign in us, do you not have any Chase cards?

David
David

I am very tempted to make the 3 hour drive out to my closest Chase branch tomorrow… Would that be absolutely loony?

Vasv
Vasv

Does anyone know if we have to fill in income details in application form? I am planning to open this a/c for my wife she doesn’t have a income. any suggestion would help. thanks

beatgammit
beatgammit

Your wife can use your income typically since they’re usually interested in “household income”, not individual income.

Vasv
Vasv

Thanks.

Gina
Gina

Never did a chase bank offer before. Is it limit one per household or can my husband and I both do it?

AE
AE

As long as you have a unique valid code for each applicant (and you are not a current or have held a checking/savings account in the last calendar year etc..) you can separately apply for and receive this bonus (my wife and I just completed this offer in January – separate checking and savings, $500 each).

Gina
Gina

Thanks! Now I just looked it up and there isn’t a Chase bank in my state (TN) 🙁 boo!

HML
HML

The terms say you can’t have had an account in the last 90 days.

DHfrugal
DHfrugal

Is the savings $200 all that valuable? At 90 days 200/$15,000 = 0.0133 or 1.33%. so annually you’re getting 5.33% APY. if you compare that to a 5% savings account, the 0.33% on the $15,000 is an additional $50. It seems like a lot of work for that additional $50 IF you already have a 5% APY. Just wondering what you think.

This is all based on the fact that I dont have the 15k to move around d for 3 months so I figured I’d talk my self out of it.

Feelingice
Feelingice

I already have a chase checking account, and I opened a chase saving account last year but closed it on 04/10/2016. Is it possible for me to just open a new saving account and get $200? I just see those who closed their checking accounts within the last 90 days couldn’t get the checking bonus, they didn’t mention anything about saving account along.

Thx

HML
HML

I did this last year, so excited it back and your best case scenario is my DREAM, I missed out on the CSP and am still trying to figure out a way to get it!

zjts
zjts

If anyway to do this online, pls post

Shawn
Shawn

My wife and I have a joint checking account with Chase. I dont suppose there’s any way for us to take advantage of this deal? Take my wife off and wait a month?

Rebecca
Rebecca

I’m a newbie at deals like this. I have a couple of questions.

1. For deals like this, does the time (90 days, in this case) start when the transfer of money into the account is initiated, or when the money becomes available in the account?

2. I started filling out an application for Chase checking online last week. I was surprised at how they wanted me to list every account I owned, and their balances. They wanted all credit cards, checking, savings, retirement, mortgage, and even estimated house value. Seems like a lot. Do we need to list all of this information when we apply in the branch?

Patti
Patti

We just applied today and they did ask all of these questions while we were there. I was surprised too. My husband teased the guy that it felt like we were buying a house. lol

Hongchang
Hongchang

I received a $300 email offer for the savings account. Same requirement.

Back to Top ↑