Posted by Chuck on September 28, 2016
Bank Account Bonuses

Published on September 28th, 2016 | by Chuck

172

[Expired]Publicly Available: Chase $500 Checking and Savings Bonus

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 November 15 when the coupon expires.

  • 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: November 15, 2016

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

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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 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 November 15 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 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 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 for any reason.

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 click the link a second time to get a second 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.

Hat tip to reader Harry



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JT
JT

This $200 Savings bonus is nice. What I’d really like to get is the $500 for the Premier with an expiration date just past January 1, 2017.

Master Allan
Master Allan

Oh no, credit card funding not available in a branch? I thought the limit was $500 and I was planning on opening an account Saturday perfect for a minimum spend requirement.

William Charles

Usually it posts as a cash advance anyway, so no big loss.

Vijay
Vijay

If someone cannot able to get this coupon, email me at vij.natarajan@gmail.com and I can email you the coupon code for free. I’ve downloaded about 75 coupon codes just for our community use.

Pat
Pat

How do you get more than one coupon? I’d like to share with some friends as well. Thanks!

Vijay
Vijay

You email me like other folks do and I’ll share as many coupons you need…

Vonya
Vonya

Hi I’m at bank now do u have a coupon code for checking acct for 300 for total checking?

Vijay
Vijay

5851257000452570

Jeff H
Jeff H

I cannot hang out $15000 anywhere right now. I have a home for sale. May consider it after the closing of the home sale. Any idea how long the deal will be available after printing the coupon?

FB
FB

Thx for the notice Chuck. Ironically, I just bought one from ebay for $2.99
and was planning on opening a new checking account this week..

Joe
Joe

The savings account. Requires a special tier of checking acct?

Michael
Michael

No special checking required. The basic checking will do (for it’s own bonus too), but with the dollar amount in savings ~ 15k, you’ll be encouraged to sign up for the next level checking if you go with the savings bonus at the same time.

Data point from doing exact same thing last Friday in-branch.

captainsave
captainsave

Will wellsfargo ACH count as DD for the checking requirement?

raj
raj

Quick Question.

I have a chase credit card account and my wife do not.

To see this offer i have to log in in my chase account. I logged in twice and got two different coupon code. Can i use one for my checking account and one for my wife.

OR are the coupon code ONLY apply to me?

Thanks!

Roberta
Roberta

Can you open up a business checking & savings account and get the bonus or does it all have to be a personal account?

Thank you for your site. I just found it and will be using it for my #1 place of knowledge.

Himalaya
Himalaya

When I click on the direct link, I see “Get Up to $500” appear in the tab while the page is loading, but when it finishes loading, it ends up at the login screen. I tried deleting cookies, then I tried opening it in Firefox. Same thing. Anyone else having this problem?

Himalaya
Himalaya

Nevermind. Figured it out.

Steve
Steve

What was the solution?

DSP
DSP

Is Chase known to match $300 from the $150 offer?

William Charles

Always worth askng

PD
PD

My husband once got an offer for $300 to open the savings account. He already had the checking, CSP, and Freedom. They had initially emailed him $200 offers that he didn’t use, and then got the $300.

I’m in a similar situation but only ever was sent the $200 offers.

Anyone have any insight into this?

David
David

If I started a business checking to get the $500 last month can I still get the $300 for opening a personal account?

Ron
Ron

Why not? It’s a separate offers, one is for business and this is personal. The thing you need to worry is the DD for the checking. I’m trying to see whether a venmo or paypa or circle deposit count as DD

HZ
HZ

Can any one has idea if this can be done online? We have no nearby branch.

Steve
Steve

I realize this isn’t one you mentioned, but I can confirm that Capital One 360 still counts as direct deposit for this.

HZ
HZ

We don’t have branch near by in South New Jersey. Can I open this online or over phone?
If yes – any link or phone number?
Thanks

William Charles

No, in branch only unfortunately

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