Update 1/14/23: There’s now a better $900 bonus available
Update 1/12/23: Extended through 4/19/23
Offer at a glance
- Maximum bonus amount:Â $600
- Availability: Nationwide, though the online link won’t work unless you have a branch in your state.
- Â Direct deposit required:Â Yes, no minimum. Click here to view what triggers this bonus.
- Additional requirements:Â None for checking; $15,000 balance for savings
- Hard/soft pull:Â Soft
- ChexSystems: Doesn’t pull
- Credit card funding:Â Can fund up to $50 with a debit card online (prepaids do not work). Cannot fund with debit or credit in branch.
- Monthly fees:Â $12, waivable
- Early account termination fee:Â Bonus taken back if closed within six months
- Household limit: None listed
- Expiration date:Â Â
January 17th, 2019 March 5th, 2019 March 23rd, 2019 April 23rd, 2019September 28th, 2019April 27, 2020 October 1, 2020October 19, 2022January 25, 2023April 19, 2023
Contents
The Offer
Direct Link to offer (incognito)
- Chase is offering a checking & savings bonus worth up to $600. Bonus is as follows:
- Receive a bonus of $300 when you open a Chase Total checking account and have a direct deposit post to the account within 90 days.
- Receive a bonus of $200 when you open a Chase savings account and deposit $15,000 or more in new money within 30 days and maintain a balance of $15,000 for 90 days.
- Receive an extra $100 bonus when you complete both of the above bonuses.
The Fine Print
- Checking offer is not available to existing Chase checking customers. Savings offer is not available to existing Chase savings customers.
- Both offers are not available to those with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance.
- To receive the $300 checking bonus: 1) Open a new Chase Total Checking account, which is subject to approval; AND 2) Have your direct deposit made to this account within 90 days of account opening. Y
- our direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. After you have completed all the above checking requirements, we’ll deposit the bonus in your new account within 10 business days.
- To receive the $200 savings bonus: 1) Open a new Chase SavingsSM account, which is subject to approval; 2) Deposit a total of $15,000 or more in new money into the new savings account within
20 business days of account opening30 days of coupon enrollment; AND 3) Maintain at least a $15,000 balance for 90 days from the date ofdepositcoupon enrollment. The new money cannot be funds held by Chase or its affiliates. After you have completed all the above savings requirements, we’ll deposit the bonus in your new account within 10 business days. - To receive the extra $100 bonus: You must complete all requirements above for BOTH the checking bonus and savings bonus.
- After you have completed all requirements, we will deposit the remaining bonus due in your new checking account within 10 business days.
- You can receive only one new checking and one new savings account opening related bonus every two years from the last enrollment date and only one bonus per account. Bonuses are considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
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
This is the best public bonus we’ve seen on this account. Previous best was up to $525. This is definitely worth considering if you can do both bonuses, and I’ll be adding it to the best checking & savings bonus page.
RELATED: PSA: Don’t Use ACH-Pull for Chase Bank Account Openings, Avoid Account Lockup
Big thanks to reader arch who let us know. Learn how to find bonuses and contribute to the site here.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
Post history:
- Update 10/9/22: Extended through January 25, 2023
- Update 8/21/22: The link had expired prematurely, but it’s now back (incognito). Same October 19th expiration.
- Update 7/20/22: This bonus is finally back at this link until October 19th. (Some other minor updates included below.) If you’re considering this, I’d recommend generating a coupon code now and deciding later whether to do it.
- Update 5/1/20: New link added. Valid until July 2nd. Keep in mind there was a $900 deal recently, not sure if we will see that come back given the current market conditions. Hat tip to Brian L
- Update 2/28/20: New link found. Works online or in-branch. Valid through 4/27/20. Hat tip to reader Charles (we did have a $900 deal recently, but I’m not sure it’s worth waiting for that to come back).
- Update 9/29/19: Link is actually working again
- Update 9/22/19: Deal has been extended until 11/18/19. Hat tip to Andrey D
- Update 8/6/19: Deal is back and valid until 09/28/19. Hat tip to Hiep Thong Nguyen
- Update 8/2/19: Deal is back and valid until 8/6/19. Hat tip to intervested99
- Update 6/11/19: Deal has been extended through 8/6/19. Updated link below. (ht Du Zhao)
- Update 4/20/19: Deal has been extended until June 15th, 2019. Hat tip to reader bholden1
- Update 3/24/19: Deal has been extended until April 23rd, 2019. Hat tip to reader Abey
- Update 2/27/19: New working link found. Thanks to reader Cari
- Update: 1/15/19: Another new working link found. Do this quickly if interested as last time Chase pulled the link within a day or two. Hat tip to reader naimsalman.
- Update 1/9/2019: New working link found. Valid until January 17th, 2019. Hat tip to reader An Xiao
- Update 11/15/2018: New working link found. Valid until January 12th, 2019.
Neither payments from Fidelity retirement account nor from AMEX saving triggered checking account bonus. Retirement payments from Fidelity were discussed with Chase CSR to no avail – they were shown as ACH credit.
Can anyone tell me how to view personal login once it has been linked with business? I have tried a few dds and want to make sure it has triggered. Can’t seem to find a way to split up personal and business again.
Employer DD shows in Chase as ACH credit. Is that the right type/category to get bonus?
How long do you all keep Chase accounts open for after receiving the bonus? Since it’s only 1 bonus per 24 months, seems like keeping it open for 18-21 months is best, right?
11/22 – opened checking & savings for $600 combined bonus
11/30 – DD from work + savings requirement transferred
12/4 – 300$ bonus posts
3/7 – $200 savings + $100 combo posts
This is how I would like to do it — spread the $600 over 2 calendar years so that you don’t hit the bigger $600 IRS threshold for reporting.
I’ve have a checking account since April of ’20 and received a $300 bonus then. I kept it open and was actively using it until the started giving me problems without explanation a few months ago. I’ve since emptied it and requested closure by secure messaging.
Since I’m past the 24 month lockout, I’ll wait the 90 days and try to open again in July if offer is available so I can take them for another bonus. These fools owe me. They may not grant a new account though.
When I signed up the for $600 bonus I saw nothing from Chase that said they would claw back the bonus when closed within 6 months. But the DOC website says: Early account termination fee: Bonus taken back if closed within six months
Can anyone confirm one way or the other that the accounts must stay open for 6 months?
Same question here. There’s nothing on the offer page, in the confirmation email, or even on the offer FAQ page that states this limitation that I can find. If it exists, Chase has hidden it well.
Be the data point.
I have the same question.
When I emailed a code to myself in July, this language was in the email that I received:
Account Closing: If either the checking or savings account is closed by the customer or Chase within six months after coupon enrollment, we will deduct the bonus amount for that account at closing.
A week after I opened the account, I received an email about the bonus with the same language.
So, double check the fine print in your emails.
2/12: Account opened
2/23: $50 work DD
2/28: $300 bonus posted
For those using fake DDs, at least you should be able to tell really quickly whether it worked or not.
Did 200$ push from relay that posted on 03/02, now its 03/06 and nothing, fingers crossed
Hi! Great news, 200$ push from relay to chase worked 5 days before the end of the promo bound but the bonus took 9 days to actually post so I got rly scared it didn’t work for like a week, but relay came in clutch!
Sharing data point on $900 offer
Opened late Jan
Ally push did not work
Square deposit DID work, $300 pending 1 week after
Will await savings bonus plus bonus for completing both
Opened Chase checking account on 1/20/23 in attempt to receive $300 bonus.
Set up recurring direct transferring from Discover savings.
2/1/23 – $250 DISCOVER BANK PREARRANGE PPD
2/15/23 – $250 DISCOVER BANK PREARRANGE PPD
2/16/23 – NO BONUS (bonus reportedly posts within 15 days of direct deposit.)
So Discover savings did not trigger a qualifying direct deposit for me.
Duh
Troll….
Won’t take a few moments to share future experiences on what works/doesn’t work for me. Thanks, Taco.
Hey. Chris, ppl like him don’t belong in this group since it’s mainly to help other churners.. so just ignore his idiocy. Thanks for your data point.
Everyone here knows that discover doesn’t work. This is just a pointless Dp.
I disagree – there are quite a few instances of a Discover savings push (at least from 2019) where it did trigger a qualifying DD with Chase. Plus, doctorofcredit lists it in both qualifying DDs that do work and don’t work. For the record, I attempted a Discover savings push only after I ran into an error trying to push from a newly created Wealthfront account; Wealthfront declined the transfer and I need to figure out what went wrong so I can re-try with them if the state tax refund coming on Tuesday (2/21) does not trigger a qualifying DD. Chase seems selective in what counts as a qualifying DD. Anyhow, I have 5 bank bonuses I am currently pursuing and this is a great wealth of information here, so I was taken aback by the response to my first posting of a DP.