Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Sorry, this deal has expired. Get notified of deals like this in the future. Add Deal Alert for this Item
Forum Thread Advertiser Disclosure

Chase Checking & Savings $900 Bonus Offer

+158 Deal Score
117,454 Views
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.
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+158
117,454 Views
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.

735 Comments

Your comment cannot be blank.

Sign up for a Slickdeals account to remove this ad.

Joined Jan 2012
L6: Expert
> bubble2 1,409 Posts
913 Reputation
Original Poster
jordanz12
12-06-2019 at 09:55 AM.
12-06-2019 at 09:55 AM.
So just to be clear, the $15k has to sit in savings for 90 days in order to get the entire $900 bonus. The conditions say you cannot close your account within 6 months or they will take back the bonuses. But you can remove all the money from the checking/savings accounts after 90 days or do you need to keep the money in until you close the account at 6 months? I think to be safe maybe need to keep the money in it until 6 months, then close it all.

Even if $15k has to sit there for the full 6 months, it's way better than a 2% savings (which would give $150 in 6 months). You are effectively getting 12% interest in 6 months ($15000 * .12% APY = $1800 / 2 = $900 in 6 months). Better than most stock markets could give!

If it's only 3 months, then you are making 24% interest!
Reply
Joined Nov 2009
L5: Journeyman
> bubble2 715 Posts
176 Reputation
imnotminkus
12-06-2019 at 10:26 AM.
12-06-2019 at 10:26 AM.
Hmmm. From data points I've read, I should be able to get this offer because I last got a Chase checking bonus in March 2018 (account opened February 2018). But I get "The coupon code you entered can only be redeemed for your savings account. Please choose "Continue" to complete your application with the coupon applied to your savings account only." when I try to redeem the offer.
Reply
Joined Nov 2013
L8: Grand Teacher
> bubble2 3,065 Posts
83 Reputation
okaythen
12-06-2019 at 11:31 AM.
12-06-2019 at 11:31 AM.
I froze my chex system, I need to unfroze it before opening the accounts right?

How about credit score, does chase need to check that , do I need to unfreeze my credit score too
Reply
Joined Feb 2011
L4: Apprentice
> bubble2 309 Posts
54 Reputation
krnxboy7
12-06-2019 at 11:36 AM.
12-06-2019 at 11:36 AM.
Quote from fb_20 :
If you have 15k just laying around to open accounts do you really need that extra $300?

yeah why not? do you want 15k sitting in a savings account earning 1.7% interest on high interest account? or do you want it to fetch you $300 while you just let it sit there for few months?
Reply
Joined Feb 2011
L4: Apprentice
> bubble2 309 Posts
54 Reputation
krnxboy7
12-06-2019 at 11:39 AM.
12-06-2019 at 11:39 AM.
dang I only see $600 under my account. Totally would jump on it for $900
Reply
Joined Dec 2005
L6: Expert
> bubble2 1,837 Posts
221 Reputation
FLTURD
12-06-2019 at 12:16 PM.
12-06-2019 at 12:16 PM.
Quote from addictedsaver :
ACH from most banks will also count as direct deposit for bonus purposes.

An ach transfer? Never heard of this.
Reply
Joined May 2007
L10: Grand Master
> bubble2 8,338 Posts
3,076 Reputation
diavolo33
12-06-2019 at 02:00 PM.
12-06-2019 at 02:00 PM.
Quote from jordanz12 :
So just to be clear, the $15k has to sit in savings for 90 days in order to get the entire $900 bonus. The conditions say you cannot close your account within 6 months or they will take back the bonuses. But you can remove all the money from the checking/savings accounts after 90 days or do you need to keep the money in until you close the account at 6 months? I think to be safe maybe need to keep the money in it until 6 months, then close it all.

Even if $15k has to sit there for the full 6 months, it's way better than a 2% savings (which would give $150 in 6 months). You are effectively getting 12% interest in 6 months ($15000 * .12% APY = $1800 / 2 = $900 in 6 months). Better than most stock markets could give!

If it's only 3 months, then you are making 24% interest!

Are there any exclusions for prior Chase bank account holders?
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Mar 2014
L4: Apprentice
> bubble2 358 Posts
71 Reputation
Hanzelnuts
12-06-2019 at 02:39 PM.
12-06-2019 at 02:39 PM.
Quote from diavolo33 :
Are there any exclusions for prior Chase bank account holders?
If you have a checking or saving account with Chase right now, you won't qualify. It's for new customers. If your account has been closed for more than 6 months, you're good to go.
Reply
Joined Jan 2007
L10: Grand Master
> bubble2 28,289 Posts
2,718 Reputation
cgigate
12-06-2019 at 07:40 PM.
12-06-2019 at 07:40 PM.
Thanks, rep
Reply
Joined May 2015
L5: Journeyman
> bubble2 638 Posts
1,376 Reputation
addictedsaver
12-06-2019 at 08:23 PM.
12-06-2019 at 08:23 PM.
Quote from diavolo33 :
Are there any exclusions for prior Chase bank account holders?
also you can only get the bonus once every two years
Reply
Joined May 2015
L5: Journeyman
> bubble2 638 Posts
1,376 Reputation
addictedsaver
12-06-2019 at 08:24 PM.
12-06-2019 at 08:24 PM.
Quote from FLTURD :
An ach transfer? Never heard of this.
yes. has worked for me for many bank bonuses, not just this one. mainly from co360, discover, and ally
Reply
Joined Jun 2008
And I Love Asian Girls :)
> bubble2 10,628 Posts
2,423 Reputation
tennisplayer888
12-06-2019 at 08:26 PM.
12-06-2019 at 08:26 PM.
A current Chase customer, the only one I get is $300 for a Savings Account with $25,000 in new money deposit for 90 days. Is that one worth it to do?
Reply
Joined Dec 2007
L6: Expert
> bubble2 1,608 Posts
868 Reputation
imlkrsfn2
12-06-2019 at 08:34 PM.
12-06-2019 at 08:34 PM.
Quote from tennisplayer888 :
A current Chase customer, the only one I get is $300 for a Savings Account with $25,000 in new money deposit for 90 days. Is that one worth it to do?
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.
Reply
Joined Dec 2007
L6: Expert
> bubble2 1,608 Posts
868 Reputation
imlkrsfn2
12-06-2019 at 08:34 PM.
12-06-2019 at 08:34 PM.
Everyone should take 10 seconds and rep the OP.
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Jul 2006
L10: Grand Master
> bubble2 36,199 Posts
6,898 Reputation
monkeybiz
12-06-2019 at 09:06 PM.
12-06-2019 at 09:06 PM.
Quote from krnxboy7 :
dang I only see $600 under my account. Totally would jump on it for $900
same here, not enough for me to leave my credit union after 30yrs.
Reply
Page 6 of 50
Start the Conversation
 
Link Copied

The link has been copied to the clipboard.