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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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Joined Jun 2008
And I Love Asian Girls :)
> bubble2 10,628 Posts
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tennisplayer888
12-06-2019 at 09:09 PM.
12-06-2019 at 09:09 PM.
Quote from imlkrsfn2 :
If that's all you qualify for then that's what it is. Your other option is to close your current account and sign up again in the future.
That is what I figured, I will probably just have to go with that then.

Do you know if with these, I will technically be moving money from one savings acc. at one bank to another ("new" money), do the deposit limits still apply the same with deposits over $10K? Or would it still flag deposits if I wrote myself a check for the amount above 10K?
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Joined Dec 2007
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> bubble2 1,608 Posts
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imlkrsfn2
12-06-2019 at 09:48 PM.
12-06-2019 at 09:48 PM.
Quote from tennisplayer888 :
That is what I figured, I will probably just have to go with that then.

Do you know if with these, I will technically be moving money from one savings acc. at one bank to another ("new" money), do the deposit limits still apply the same with deposits over $10K? Or would it still flag deposits if I wrote myself a check for the amount above 10K?
What do you mean flag the deposits?
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Joined Jun 2008
And I Love Asian Girls :)
> bubble2 10,628 Posts
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tennisplayer888
12-06-2019 at 10:13 PM.
12-06-2019 at 10:13 PM.
Quote from imlkrsfn2 :
What do you mean flag the deposits?
Anything as a $10K+ deposit/transaction will be flagged.
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Joined Dec 2007
L6: Expert
> bubble2 1,608 Posts
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imlkrsfn2
12-06-2019 at 10:15 PM.
12-06-2019 at 10:15 PM.
Quote from tennisplayer888 :
Anything as a $10K+ deposit/transaction will be flagged.
I don't think it's much to worry about. You could do it either way.
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Joined Jun 2008
And I Love Asian Girls :)
> bubble2 10,628 Posts
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tennisplayer888
12-06-2019 at 10:16 PM.
12-06-2019 at 10:16 PM.
Quote from imlkrsfn2 :
I don't think it's much to worry about. You could do it either way.
Alright, thanks for the input. I have nothing to hide or anything, but just figured I would ask to see what would be the best way to go.
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Joined Oct 2009
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> bubble2 386 Posts
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kevn357
12-06-2019 at 10:29 PM.
12-06-2019 at 10:29 PM.
I just got my $600 bonus deposited for the last offer and maintaining my balance for 90 days. Closing my Chase account and moving on to another bonus account from another bank. Will revisit again when i'm eligible.. I love taking the bonuses from these big banks and rotating since they fee'd the F out of me when i was poor. I will do it as long as they offer it.
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Joined Nov 2007
L6: Expert
> bubble2 1,208 Posts
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HeadlessCloneOfAgnew
12-06-2019 at 10:36 PM.
12-06-2019 at 10:36 PM.
I got in at $600 but man I would like a $900 one for my wife!
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Joined Mar 2014
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> bubble2 358 Posts
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Hanzelnuts
12-07-2019 at 06:32 AM.
12-07-2019 at 06:32 AM.
Quote from HeadlessCloneOfAgnew :
I got in at $600 but man I would like a $900 one for my wife!
What's stopping you?
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Joined May 2006
Do you PM?
> bubble2 1,773 Posts
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baronvdb
12-07-2019 at 07:11 AM.
12-07-2019 at 07:11 AM.
Tell me again where you guys are seeing this (or any) offer? I have a chase CSR & Reserve CC's but I don't see any kind of checking offer anywhere in my account..
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Joined Aug 2006
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> bubble2 1,431 Posts
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dapoopta
12-07-2019 at 07:42 AM.
12-07-2019 at 07:42 AM.
Quote from juggar :
So really its only $300 unless you have $15000 laying around.
Start with the smaller offers and start building that $15k to work with
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Joined May 2006
L6: Expert
> bubble2 1,234 Posts
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stingygrrl
12-07-2019 at 07:43 AM.
12-07-2019 at 07:43 AM.
Is there any way to trigger the direct deposit if you don't have pension, paycheck, SS etc? We don't want to mess with moving all that if we cam avoid it
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Joined Nov 2010
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> bubble2 4,220 Posts
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wealthisachoice
12-07-2019 at 08:27 AM.
12-07-2019 at 08:27 AM.
Quote from hansnuts :
I'm glad you confirmed the $500 direct deposit requirement each month for the $600 bonus back then. 👍 As for this $900 bonus, there was no mention of how much a direct deposit needs to be. All it said was a direct deposit is required within 90 days of you opening the account. REMEMBER FOLKS, THE DIRECT DEPOSIT NEEDS TO BE TO YOUR "CHECKING ACCOUNT", not savings.
Actually I don't think it was a $500 direct deposit requirement EACH month I think it was a Direct Deposit of $500 or more.

For those thinking of making the deposit into savings during the 20 days--keep in mind it says you must have a 15K balance for 90 days---so to be safe you will have to leave your
$$$ in there for 90 days after you get to the 15K. If I'm reading it correctly. I don't have any experience on this as I opened everything with a 15K check in bank for the $600 bonus and will probably do the same for this if this code will work like that.

I currently have the $600 code in a mailer on my desk and it is saying $500 direct deposit or minimum balance to have FREE checking but does not indicate a direct deposit of $500 for the bonus. The 15K will qualify you for free checking for the first 3 months then it makes no sense to keep it in there after you receive the bonus. You will have to figure out how to keep the checking account free after that. Chase's interest is so low. I never made $1 on interest in the 3 months on 15K so at 3% that was a loss of over $30 a month in interest so keep that in mind.
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Joined Nov 2010
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> bubble2 4,220 Posts
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wealthisachoice
12-07-2019 at 08:37 AM.
12-07-2019 at 08:37 AM.
Quote from monkeybiz :
same here, not enough for me to leave my credit union after 30yrs.

Who said you had to leave your Credit Union? I kept everything in place for the 90 days--just moved 15K to park it in Chase Savings and changed a direct deposit. That's it Moved all the money back. There was one thing I had to go through and that was contacting my main bank to allow a transfer of the 15K back into my account as they had a lower limit set on the new account for a transfer in. Took an email and a day to get that done and then click of a button and the $$$ was back in my original bank earning the 3.01% interest. I keep everything coming out of the bank that is paying me the most interest on my checking account. That simple. For those of you in LA, Mo, KS there is a bank called Southern Bank that is paying that kind of interest and I've been with them for at least 8 yrs. It was paying 7% and then dropped to 3.01 when everyone either dropped this kind of checking account or dropped their rates. They changed it so people can't sign up over the internet unless you live in that area.
If anyone is interested contact me (pm)---I'll give you more info and possibly a way to make more $$$ when opening it up.
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Joined Nov 2010
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> bubble2 4,220 Posts
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wealthisachoice
12-07-2019 at 08:40 AM.
12-07-2019 at 08:40 AM.
Quote from HeadlessCloneOfAgnew :
I got in at $600 but man I would like a $900 one for my wife!
Hopefully her name wasn't on the checking account or savings account. I made sure I opened the accounts in MY name only so I can use spouse on the next one. I told the bankers what I was doing and they said great.
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Joined Nov 2010
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> bubble2 4,220 Posts
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wealthisachoice
12-07-2019 at 08:46 AM.
12-07-2019 at 08:46 AM.
Quote from stingygrrl :
Is there any way to trigger the direct deposit if you don't have pension, paycheck, SS etc? We don't want to mess with moving all that if we cam avoid it
For those on SS it's simple to move your checks. Just figure out when your checks come in and do the change right after it comes in and your good to go. You should call them--simple call and they will make the change over the phone.

The other way people are saying it works is by sending an ACH from YOUR current bank. This is NOT a bill pay--this is a direct ACH. However there is NO guarantee this will work but some have said it will. I did not try it.

For me the easiest way of doing this was moving a direct deposit, putting 15K in savings and not touching it then transferring the direct deposit back out the day it arrived to my other high interest checking account. The most work I had to do is once a month click a button to move the $$$.

It's important to keep that 15K earning interest so I moved it out of there asap and left $300 in there and then allow the auto deposit in there for another 3 months--I'm at the point now that I can close that account with no claw backs. I still only make 1 click to move the $$$. I'm actually waiting for the next best account to open to move my direct deposit to.
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