2069
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
Carlos H.
Carlos H.

Chase Checking
6/1/20: Chase Checking Acct opened (Total Checking)
6/23/20: Suncoast Credit Union $500 DD
6/30/20: $300 bonus posted as “$300 for New Checking”

Chase Savings
6/1/20: Chase Savings Acct opened
6/18/20: Ally $7.5K ACH
6/22/20: Ally $7.5K ACH
9/15/20: $200 bonus posted as “$200 for New Savings”
Note: Maintained account balance of $15K during this period

Chase Bundle Payment
9/15/20: Extra Bonus Payment of $100 posted for opening Checking & Savings together

Dan
Dan

DP: Applied for both accounts on 9/12. Transferred $15k from Ally to Chase Savings in one shot. Chase app checklist for bonus acknowledged. No account lock up. Waiting for DD for Checking account.

Whydontwe
Whydontwe

I don’t see the $25 requirement in the fine print for the checking deal?

Jeffrey
Jeffrey

“The coupon code you entered can only be redeemed for your savings account.
Please choose “Continue” to complete your application with the coupon applied to your savings account only.”
Lame they just want my 15k

Snowbird
Snowbird

I get the same message. I believe it’s because it’s been less than two years since I previously enrolled in the bonus on the checking account. My two years is up next Friday, so I’ll try again then.

Gadget - Bank Bonus Geek

I guess it’s good and bad news… What would be really crappy if they let you proceed without telling you, Jeffrey! Which, honestly, is what most banks would do.

I’m about 8 days out from being able to churn this bonus and the warning pop-up is still coming up too. Seems to be accurate. If it is, should disappear no later than next Monday or Tuesday. Snowbird

E-dog
E-dog

I assume you can transfer out the $15K down to 1.5K once you meet the bonuses but before the extra $100?

Jordan
Jordan

Yes. There will be a bonus tracker of sorts that shows when you have completed the requirements. Once they are all met you can transfer out any amount you wish.

Chuck

Is there a bonus tracker for Chase checking bonuses? I wasn’t aware of that.

Simon
Simon

A few people report seeing the bonus tracker in app only, and not on the website.

Eric
Eric

Yes, when you download the app the checking and savings separately show you the progress on the bonuses. Too bad not every bank has that.

Jenn
Jenn

Thanks! I see the tracker as well in the app

Eric
Eric

You are confusing the 2 bonuses. The savings only needs $300 to avoid the fee. The checking needs $1500. To answer you question, you can withdraw the $15K (minus $300) once you pass 90 days.

Z
Z

Was just charged a $5 fee for the savings account despite having $15,000 in there since 8/18. The savings says the fee can be avoided if the minimum daily balance is at least $300 which I certainly met. Now the account is below the $15,000 threshold for the bonus. I inquired via SM and am confident they will refund the fee but am worried about now not meeting the terms for the bonus. Any thoughts? Has anyone experienced this?

Simon
Simon

What a huge bummer. Enough similar stories and hassle that it’s usually a good idea to have at least .$25 above the minimum balance

Z
Z

Lesson learned I guess but according to account fee requirement terms I should not have been charged a monthly fee – is this correct or am I missing something about how “minimum daily balance of $300” is calculated?

Simon
Simon

You might still get the bonus. Sounds unlucky and unwarranted, but not unprecedented to deal with this. Who knows, they may have some automated system that looks at the end of day balance for 90 consecutive days. Dunno if it makes a difference if the fee is “removed” rather than “refunded” or “credited”, if it’s even possible.

Eric
Eric

Is 8/18 the day you opened the account? If so, you should have a good argument.

Z
Z

No, opened 8/5. The fee should still be nil though because the minimum daily balance was definitely above $300 for the statement cycle (my 15k settled in the account one or two says after the cycle began).

I checked P2s statements from the same bonus that was completed a few months ago and there was no fee charged for the exact same scenario with a nominal amount in the checking and $15k even in the savings.

They responded to my SM saying that it was a fee for having more that 6 withdrawals in the cycle although I had 0 withdrawals and the statement and the charge both clearly say it was an account fee. I responded saying as much and am still waiting to hear back.

Eric
Eric

That’s exactly why I deposited a $15005 check on the day I opened the account. I didn’t want any issues later.

Z
Z

Lesson learned for me, so frustrating.

Dan
Dan

Did Chase get back to you?

Z
Z

They responded to my SM saying that it was a fee for having more that 6 withdrawals in the cycle although I had 0 withdrawals and the statement and the charge both clearly say it was an account fee. I responded saying as much and am still waiting to hear back.

Jeff
Jeff
Snowbird
Snowbird

Direct link is still working fine for me.

Joe
Joe

Hi,

I opened a Finn Savings Account in June 2018, got the bonus in June/July 2018, and closed the account in October 2018. Do you think I am okay to sign up for the chase checking account and get the bonus, since my enrollment date is + 2 years?

Segu
Segu

Would my wife be able to open an account and get the bonus even if she was recently added as a cosigner to my chase checking account?

Anon
Anon

The savings offer is not worth it. Trying to fund the account is a massive headache that requires calling them to unlock your account or going into a branch.

Snowbird
Snowbird

There are numerous DPs of funding the savings via a push from other bank without the account being locked.

Dan
Dan

Does this qualify as push from another bank? Transfer $15,000 to Chase Savings from Ally account in one shot.

ctgottapee
ctgottapee

Push means doing the transaction from the other bank, ie Ally.
With the reports here, it may be better to transfer smaller amounts, say $5k a day for three days to avoid account lockout. Chase may also have per day limits.

Simon
Simon

I did that without issue. Have been an existing customer with other accounts at both banks for several years, maybe that helped.

Anon
Anon

Yes, I had this work as well, but it’s still a massive pain (I posted that while on hold for over 2 hours). It should at least be stickied as a warning so that other people don’t have to deal with that.

I’ve dealt with Chase before as a bank account and credit card customer, and this was still new to me (apparently it’s been around for about 18 months)

A-rom
A-rom

I had a lot of trouble with funding the savings account. I figured out the issue. Chase does not support pulling money from an external account. But pushing money from an external account to chase worked fine without issues.