Update 1/13/23: We posted this yesterday as a targeted offer, and there’s now a public link (updated below). Wow! If you’re not ready to open the account now, I’d recommend quickly using the email option to save the offer for later since the link can expire at any time.
Offer at a glance
- Maximum bonus amount:Â $900
- Availability: Nationwide, online or in-branch
- 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: April 19, 2023
Contents
The Offer
Direct Link to offer (open incognito – do that by using the right-click option on your mouse)
- Chase is offering a checking & savings bonus worth up to $900. 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 $400 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 whose accounts have been closed within 90 days or closed with a negative balance within the last 3 years.
- You can receive only one new checking and one new savings account opening related bonus every two years from the last coupon enrollment date and only one bonus per account. Coupon is good for one-time use.
- To receive the 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 coupon enrollment. Your 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. Person to Person payments (such as Zelle®) are not considered a direct deposit. (Micro-deposits do not qualify as a direct deposit for the bonus. Micro-deposits are small deposits, typically less than $1, that are sent to your account to verify it is the correct account.)
- After you have completed all the above checking requirements, we’ll deposit the bonus in your new account within 15 days. To receive the 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 30 days of coupon enrollment; AND 3) Maintain at least a $15,000 balance for 90 days from the coupon enrollment. The new money cannot be funds held by you at Chase or its affiliates.
- After you have completed all the above savings requirements, we’ll deposit the bonus in your new account within 15 days.
- To receive the extra bonus: You must open the checking and savings account at the same time and 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 account within 15 days.
- To receive any of the above bonuses, the enrolled account must not be closed or restricted at the time of payout. Eligibility may be limited based on account ownership. The Annual Percentage Yield (APY) for Chase SavingsSM, effective as of 12/29/2022, is 0.01% for all balances in all states. Interest rates are variable and subject to change. Additionally, fees may reduce earnings on the account.
- Bonuses are considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
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, really excellent offer and much better than the prior $600 offer.
Be sure to have the $15,000 sent directly to the Chase savings account. If you send it to the checking and then transfer it over to the savings, I don’t know if you’ll earn the savings bonuses.
If you have a Chase account open currently (1/13/23), you should be able to close it out now and do the $900 after 90 days since there’s more than 90 days currently before that offer expires.
RELATED posts:
- How To Find The Chase Bank Account Bonus Tracker
- PSA: Don’t Use ACH-Pull for Chase Bank Account Openings, Avoid Account Lockup
- Does Chase Match a Checking or Savings Bonus? (Yes, For 21 Days)
Hat tip to reader ST and TJ
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
Has anyone had an issue getting approved again after closing an account after required time frames (90 days/2 years) to get the bonus again?
I’m a permanent resident in Wisconsin, I got “We can’t open an account for you based on the info you told us.”
Chase has rejected all my sign-up bonus applications for 4 years now. I don’t have issues with any other banks.
Should I DD $500 into the checking and keep it there until I close the account to avoid any fees? Is that the most efficient thing to do?
Whatever you need to do to avoid fees is the most efficient thing… Pick your poison.
What is the lowest DD amount that has triggered the bonus?
Be the data point you want to see.
I went to set this up last week, and it was denied due to a freeze on my credit report. I didn’t think a checking acct app would be affected by that like credit cards are. I unfroze Experian and tried again today. The direct offer link would not take me to the offer even though I used an incognito window for both application attempts. I tried incognito on a different computer, and the link worked. I got the account set up. Makes me wonder what the point of incognito is since it worked on the other computer.
Is there a way of tracking the promo progress using the website (pc browser) rather than the app?
Nope.
Is the offer gone? Opened in incognito and saw $200 for total checking or $100 for secure banking account…Is there another way to find the offer?
It’s still there. Try a different device or browser, private or incognito. Clear your cache. Try over cell network vs wi-fi to get a new IP.
I just read your comment after posting my own about finding the offer. A different computer worked for me.
Does Chase automatically waive the monthly fee for the first month of a new account? It takes time to set up transfers.
I am thinking the same thing! Not gonna fund the 15k to savings until I know for sure that the “DD” from elements goes through. If we do get hit with a monthly charge, one month won’t be too bad if it means $900 at the end.
So does a Federal tax refund direct deposited into the Chase account meet the requirement?
Don’t use accounts you aren’t keeping for the long haul for IRS or state tax refunds. Your future self will thank you when a stimulus payment comes out and you’re not waiting on a paper check.
Chase pays out the checking bonus within days of a direct deposit. Do you really want to wait weeks or months to get your tax refund, and then hope it works?
There will be recent DP’s soon on what counts as a DD. But, that’s their choice to try something that will take so long, and has a chance not to work anyway.
I would start with (any) credit union ACH transfer, and see if it works, over that option. There are so many ways to move money.
I disagree. I know Elements FCU works for Chase. I am sure if one credit union works, I am certain there are others. Many credit unions use the same background services to move money.
https://www.doctorofcredit.com/chase-600-checking-savings-bonus/#comment-1461669
When people were having issues triggering Porte for the increased interest, I found a handful of banks/CU’s in my arsenal that worked. You just have to be willing to try things, or at least search the threads for DP’s. When Chase doesn’t have a minimum DD size, it’s a pretty simple task.
It looks like you successfully used Elements back in October. Many of the banks and credit unions that were working for Chase direct deposit triggers last year aren’t working now. I’m not sure I want to go and create new accounts for a bunch of banks just to test if they will work to trigger a DD.
Hey
Gadget - BankBonusGeek dot com,
Your point is well taken. One quibble: Not that it changes the gist of your response, but to give our IRS friends and H&R Block their due, I’ve been getting my Federal tax refund in a week or so using eFile. BTW, I didn’t mean to cause you any grief, but the “dot com” pops up automatically when I search for your screen name.
I tend to wait until April to file, so yeah, my refund might be slower.
I did the checking bonus a couple months ago and got the $300, but I did not do the saving bonus. Do you know if I can get $600 if I do the saving bonus now?
“To receive the extra bonus: You must open the checking and savings account at the same time and complete all requirements above for BOTH the checking bonus and savings bonus.”