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Upgrade to Chase Private Client get $2000 --- $250k currently required $150k balance req YMMV

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https://account.chase.com/consume...vateclient

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Total required is $150k in all accounts (IRA, Brokerage, Checking, CDs, Trusts, etc)

Keep accounts for 90 days, get $2000.


Updating to $150k new money (not $250k) as YMMV until terms are updated, verify with your local banker.
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Created 09-28-2020 at 10:48 AM by Phaenon
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This comment has been rated as unhelpful by Slickdeals users
Joined Jan 2008
L4: Apprentice
475 Posts
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#46
Quote from SlickCrowd6832
:
My 8 rentals bring in more then my yearly salary... Real estate has been the best thing I have ever done as an advestment..... We have been putting ever extra penny towards the mortgages... Now on my last one.

But I did have a $12k in unexpected expenses last month. When it's good it's good and when it's bad.... You know.
100% agreed. I have crushed the real estate market since the bubble burst in AZ in 2007/2008. But the time has come for me to move on, reap the benefits, and live a simplified life.
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Joined Jan 2008
L4: Apprentice
475 Posts
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#47
Quote from SlickCrowd6832
:
I like DNP, it currently pays a 7-8% yearly dividend... I have some. But I would not invest until after the election. A good time to invest is when it's below $9.00 per share. Stock is close to $10.00 per share, been between $8 - $12 over the last 35 years paying 6.5 cents per share, never missing a month and the amount has never changed.

And I like robinhood.
I will completely admit that I did not dive into the stock market (sans employer stock benefits and retirement plan based funds) until COVID hit and RH is what I chose for simplicity. It's been quite comical, to say the least, and I've added DNP to my watchlist.
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Joined Jan 2008
L4: Apprentice
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#48
Quote from UsedtoBeHidn
:
I had a promo last year at the first of the year for the Sapphire Reserved checking. Deposit 75k for 90 Days and get 1k bonus. There was another recent promo with Citi (I think) for maybe 500 on 50k or something similarl
I've literally opened 7 new checking and savings accounts since May given the abysmal APY "high yield savings" account returns, purely to obtain bonuses (and subsequent 1099s). I just opened my 9th active Chase CC (Freedom Flex) and am a huge fan of manufactured spending and credit card churning, but my time is also valuable and the ROI is not nearly what it used to be in my area. I'm considering the Chase Private Client account for a $2k bonus, but am not yet sold on the risk/reward being worth the $250k initial investment (which is rumored to be lowering to $150k). Yes, I could put it into YouInvest instead, but eh...still weighing that one.
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Joined Dec 2005
L3: Novice
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#49
Quote from Diz
:
I've literally opened 7 new checking and savings accounts since May given the abysmal APY "high yield savings" account returns, purely to obtain bonuses (and subsequent 1099s). I just opened my 9th active Chase CC (Freedom Flex) and am a huge fan of manufactured spending and credit card churning, but my time is also valuable and the ROI is not nearly what it used to be in my area. I'm considering the Chase Private Client account for a $2k bonus, but am not yet sold on the risk/reward being worth the $250k initial investment (which is rumored to be lowering to $150k). Yes, I could put it into YouInvest instead, but eh...still weighing that one.
How much money do you get by putting it into youinvest?
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Joined Jan 2008
L4: Apprentice
475 Posts
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#50
Quote from gmoogle
:
How much money do you get by putting it into youinvest?
Not 100% certain about this, but I believe the current promo is a $2k bonus for new money deposited in any account they offer, YouInvest included, if it's $250k+...but rumored to be lowering to $150k. There's another thread about it on SD.
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Joined Apr 2020
L7: Teacher
2,542 Posts
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#51
Quote from Diz
:
I will completely admit that I did not dive into the stock market (sans employer stock benefits and retirement plan based funds) until COVID hit and RH is what I chose for simplicity. It's been quite comical, to say the least, and I've added DNP to my watchlist.
I've invested in baba, amd, cmg, googl, Amazon, tesla, tjx, dnp anda few other.
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Joined May 2007
Official PUBLIX Babe
5,181 Posts
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#52
Quote from Diz
:
I've literally opened 7 new checking and savings accounts since May given the abysmal APY "high yield savings" account returns, purely to obtain bonuses (and subsequent 1099s). I just opened my 9th active Chase CC (Freedom Flex) and am a huge fan of manufactured spending and credit card churning, but my time is also valuable and the ROI is not nearly what it used to be in my area. I'm considering the Chase Private Client account for a $2k bonus, but am not yet sold on the risk/reward being worth the $250k initial investment (which is rumored to be lowering to $150k). Yes, I could put it into YouInvest instead, but eh...still weighing that one.

I'd consider doing the 150k for 2k if I had those $$$ to sit on with Chase. I'm never nervous about depositing $$ with chase because we actually have local branches and typically it only requires 3-6 months commitment. I'm nervous about depositing big bucks into an account that doesn't have actual branches or isn't somewhat local. I do know some of our local, smaller banks will sometimes offer better yield or unadvertised promos for large deposit amounts. I have a smaller local bank that offered me a $999.99 bonus if I deposited 50k for 6 months and an introductory rate of like 2% during that time. Sometimes it's worth asking.

Things are very volatile right now. Personally I'm happy to have access to a lump of cash without having it in the stock market.
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Joined Nov 2018
L3: Novice
108 Posts
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#53
I'm a cpc member. The perks are cool but the service at chase is horrible. I sit 20min to get to my safety deposit box. And yes they will send u a 1099. Their credit cards are nice but I had an airline cancel my flight due to corona and they wouldn't give me back my money and neither would chase do the right thing until I had to contact Jamie dimon twice via email to get them to refund my money. I ended up getting a 1099 for my refunded money since chase paid it.

We are leaving the cpc program at the end of the month to avoid the $35 a month. Rather go park our money at a smaller bank that treats u better that would take my money and invest it to local businesses.
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Joined May 2010
L4: Apprentice
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#54
If you withdrawl after 90 days, this deal is a 3.24% annualized return:
= [(((2000/250000)/3)+1)^12] – 1
=0.0324

Considering current interest rates, that's very decent for parking your cash in a checking account for 90 days. It's basically the WealthFront Cash account interest rate during the good ol' days.
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Joined Feb 2008
DeAl DoNkeY
886 Posts
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#55
Quote from bigal24
:
Within 45 calendar days, transfer a total of $250,000 or more, wish i have this much money. If I had, I wouldn't care about $2K
I think people with 250k care about 2k and thats why they have 250k
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Joined Aug 2010
L3: Novice
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#56
For those thinking about YouInvest ... the problem with parking the money there is taxes on the other end. I have gains, but don't want to cash out and moving isn't free either. When you're stuck, you're stuck.
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Joined Jan 2008
L4: Apprentice
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#57
Quote from DealDonkey
:
I think people with 250k care about 2k and thats why they have 250k
I meant to write this same exact thing. Every day grinders with 250k most certainly care about 2k...and that's why they're also on SD.
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Joined Aug 2013
Lucifier in the Flesh
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#58
Quote from bigal24
:
Within 45 calendar days, transfer a total of $250,000 or more, wish i have this much money. If I had, I wouldn't care about $2K
Even if you had $150K, you'd still appreciate getting a free 80" TV.

I know I will, but only if I can get decent interest on my money. Wink
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Joined Jul 2010
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#59
Got 200k balance on my mortgage where do I sign up
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Joined Dec 2012
L6: Expert
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#60
Does this come with free chase sapphire reserve or something?
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