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Chase Checking & Savings $900 Bonus Offer

+158 Deal Score
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I'm not sure if this was targeted or not. It was an offer under my Marriott Chase credit card account. You get $900 cash back when you open a checking and savings account through the link. Sure the interest rates are crap...but once you get your $900 after 3 months, you can close accounts and move elsewhere. Seems like a killer deal...unless I'm missing something? https://accounts.chase.com/consum...px=PT22272

"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. 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 Chase Quickpay® with Zelle®) are not considered a direct deposit. 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 opening; AND 3) Maintain at least a $15,000 balance for 90 days from the date of deposit. 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 10 business days. To receive the extra $400 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 checking account within 10 business days."

Setup a direct deposit of $500 a month or have a balance of over $1500 to avoid fees on checking. And maintain balance of over $300 on savings to avoid fees.
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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Joined Jan 2012
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Original Poster
jordanz12
12-05-2019 at 09:42 AM.
12-05-2019 at 09:42 AM.
If we send the invites does that take the offer away from ourselves? I'm still deciding if I want to do it...but I can send invites to everyone as well...
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Joined Jun 2008
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heyeaglefn
12-05-2019 at 09:44 AM.
12-05-2019 at 09:44 AM.
Quote from juggar :
So really its only $300 unless you have $15000 laying around.
Almost all the offers like this will required 15K, Citizens Bank does too.
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Joined Dec 2007
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Platin465
12-05-2019 at 09:51 AM.
12-05-2019 at 09:51 AM.
I only see the $600 in my offers. Would have jumped on it with the $900, although the direct deposit thing is what worries me. I've gotten ones in the mail that say $600 with no direct deposit requirements. I guess I'll try that out early next year when all the other messes I've gotten myself into clear up. Wink
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Joined Nov 2019
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Lilyly
12-05-2019 at 09:55 AM.
12-05-2019 at 09:55 AM.
Quote from Platin465 :
I only see the $600 in my offers. Would have jumped on it with the $900, although the direct deposit thing is what worries me. I've gotten ones in the mail that say $600 with no direct deposit requirements. I guess I'll try that out early next year when all the other messes I've gotten myself into clear up. Wink
Can you quote that missing direct deposit terms? I have checked all different Chase promos, none of them missed that Direct Deposit requirements, unless it required like $25k in your Savings.
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Joined Jan 2007
L10: Grand Master
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cgigate
12-05-2019 at 10:33 AM.
12-05-2019 at 10:33 AM.
The link doesn't work for me...
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Joined May 2007
L10: Grand Master
> bubble2 8,338 Posts
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diavolo33
12-05-2019 at 11:50 AM.
12-05-2019 at 11:50 AM.
Quote from Lilyly :
Any working method hoop for Direct Deposit?

Fidelity worked last time I did a similar offer, but more recent reports are that Chase is getting stricter on what qualifies as DD.
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Joined Aug 2011
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fuse89
12-05-2019 at 12:13 PM.
12-05-2019 at 12:13 PM.
If you have 15k just laying around to open accounts do you really need that extra $300?
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Joined Nov 2017
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Novelty_Account211
12-05-2019 at 12:16 PM.
12-05-2019 at 12:16 PM.
Quote from fb_20 :
If you have 15k just laying around to open accounts do you really need that extra $300?
yes i do
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Joined Oct 2013
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selvaspk
12-05-2019 at 12:32 PM.
12-05-2019 at 12:32 PM.
I dont know the thumbs down on the post. But 6 month back, which was 200+300+100 (not 400 like here)+750 (if you maintain 75k for 90days and if you upgrade for Sapphire)=$1350 is what i was told if you open up.
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Joined Nov 2013
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okaythen
12-05-2019 at 12:44 PM.
12-05-2019 at 12:44 PM.
Quote from screenname :
Thanks. I see the new requirement now...


"Checking offer is not available to existing Chase checking customers, those with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance. You can receive only one new checking and one savings account opening related bonus every two years."

However, the printed offer ($600) I received in the mail doesn't have this 2 yr limitation.
Quote from addictedsaver :
It is every 2 years now.
I got the 900 offer, and it does have the 2 year limitation, but I can't remember when I did this last time lol. But it's convenient that you can open it online now.
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Joined May 2015
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addictedsaver
12-05-2019 at 01:04 PM.
12-05-2019 at 01:04 PM.
Quote from diavolo33 :
Fidelity worked last time I did a similar offer, but more recent reports are that Chase is getting stricter on what qualifies as DD.

I think most issues have been with ACH pull from chase account. If you do ACH push from the external amount has always worked for me.
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Joined Jan 2012
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Original Poster
jordanz12
12-05-2019 at 01:06 PM.
12-05-2019 at 01:06 PM.
Quote from addictedsaver :
ACH from most banks will also count as direct deposit for bonus purposes.
Not too smart on banking terms. Is an ACH just a transfer of funds from bank to bank? I have Wells Fargo Checking right now, so I could just make one transfer to my Chase checking and I'd be good? It doesn't say you have to have re-occurring direct deposits. Which would make this deal even easier to get!

Even if the $15k has to sit in the savings for 6 months before closing the account....you would still be out way ahead of the ~$150 it would earn in 6 months in a 2% high yield interest account. You would net $900 - $150 in lost interest, so $750 if my math serves me right.
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Joined May 2015
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addictedsaver
12-05-2019 at 01:11 PM.
12-05-2019 at 01:11 PM.
Quote from jordanz12 :
Not too smart on banking terms. Is an ACH just a transfer of funds from bank to bank? I have Wells Fargo Checking right now, so I could just make one transfer to my Chase checking and I'd be good? It doesn't say you have to have re-occurring direct deposits. Which would make this deal even easier to get!

Even if the $15k has to sit in the savings for 6 months before closing the account....you would still be out way ahead of the ~$150 it would earn in 6 months in a 2% high yield interest account. You would net $900 - $150 in lost interest, so $750 if my math serves me right.

Yes a transfer of funds from wells Fargo to chase. Just make sure to initiate it from Wells Fargo. It's a great bonus even with the 15k deposit.
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Joined Jan 2012
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Original Poster
jordanz12
12-05-2019 at 01:17 PM.
12-05-2019 at 01:17 PM.
Quote from addictedsaver :
Yes a transfer of funds from wells Fargo to chase. Just make sure to initiate it from Wells Fargo. It's a great bonus even with the 15k deposit.
Oh sweet...well that makes it super easy then! I'll just have to figure out how the crap to do that on WF website. Thanks and repped.
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Joined May 2007
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diavolo33
12-05-2019 at 01:36 PM.
12-05-2019 at 01:36 PM.
Quote from addictedsaver :
I think most issues have been with ACH pull from chase account. If you do ACH push from the external amount has always worked for me.
The question was what counts as a direct deposit with Chase. I think you're referring to the issues some people had with Chase freezing their accounts after transferring money in. From what I recall, those people said they had used ACH. I used ETF through Fidelity for all direct deposits to my Chase accounts (for the initial bonus and to avoid monthly fees later) and never had a problem.
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Last edited by diavolo33 December 5, 2019 at 01:54 PM.
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