Chase Checking & Savings: Open New Accounts Get Up To
$600 Bonus
With Qualifying Activities
+81Deal Score
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Chase is offering a $300 Bonus with a new checking account and $200 Bonus with a new savings account with qualifying activities. Plus, get an extra $100 Bonus when you open both accounts at the same time.
Thanks to community member dragoNav for finding this deal.
Deal:
$300 Bonus
For new Chase checking customers: Open a new Chase Total Checking account1 and set up direct deposit
$200 Bonus
For new Chase savings customers: Open a new Chase Savings account, deposit a total of $15,000 or more in new money within 30 days of coupon enrollment, and maintain a $15,000 balance for 90 days from coupon enrollment.
$600 Bonus
Open a new Chase Total Checking and a new Chase Savings account and get $600 when you open both at the same time and complete qualifying activities.
Get $300 with a new checking account and another $200 with a
new savings account with qualifying activities. Plus, get an extra $100 bonus when you open both accounts at the same time
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If you are actually going to use the account or can auto pay some bills with debit, you might consider Evansville Teachers Federal Credit Union. 3.3% for up to $20k balance with 15 debit transactions and a monthly dd. The dd can be a deposit from almost any bank. I auto-transfer in $10 from ally monthly and have the cable bill to autopay $2, 15 times a month to earn the preferred rate.
Boo...
Bonuses are for people who don't have existing Chase checking or savings accounts, or those whose accounts have not been closed within the last 90 days. Keep in mind, 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.
Left Chase earlier this year for Sofi because of the sign up bonuses and interest rates.
Sofi currently has a 1.8% interest rate on both checking and savings and Chase still has a 0.01% Savings interest rate even after all the Fed hikes.
Obviously the Chase bonus is great for bonus churners and the people who actually go into banks in 2022 but I'm not switching back for 0.01%.
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Dang, I recently added my wife to my own checking account (converted it to a joint checking account). I'm guessing that probably makes her qualify as an "existing customer." What an expensive mistake!
No, you should still be good. Chase looks at 'customers' purely through the SSN of the acct (the primary). She can open a checking & savings with her SSN and get all the bonuses, assuming ur jt acct was under ur SSN as primary. My hubby & I have 2 jt accts, 1 under my SSN & one under his. We always do the savings promos tandem under the 2 diff SSNs. Since we bank with Chase, we can never get checking bonuses, but always do the savings ones -- but have to wait 2 yrs since the last savings acct.
Assume one doesnt want to deposit $15k. Will I still get the $100 bonus if I open both checking and savings accounts at the same time but dont deposit $15k, i.e. aiming to get just the $300 and $100 bonuses and skipping the $200 one
Note that the bonus is reported to IRS as income (form 1099 IIRC). So you have to pay income taxes on it. Not saying it's a bad deal, just something to consider …
Assume one doesnt want to deposit $15k. Will I still get the $100 bonus if I open both checking and savings accounts at the same time but dont deposit $15k, i.e. aiming to get just the $300 and $100 bonuses and skipping the $200 one
The way I read it you cannot. You can get either $300 for opening a checking account, or $200 for opening a savings account or $600 for doing both. Worth checking directly with Chase, of course
The way I read it you cannot. You can get either $300 for opening a checking account, or $200 for opening a savings account or $600 for doing both. Worth checking directly with Chase, of course
Does it say anywhere one must deposit $15k? The way I read it says get a $100 bonus when you open both chk and savings accounts at the same time... without specifying you must deposig $15k
The thing abt inquiring from CS is that they wouldnt know for sure, and their response might be of little help as I assume the bonuses are system generated. Happens to me all the time - CS assures me of one thing, and system works differently. And I cant have them honor CS's promise afterwards
That's a darn lie, I can just as easy go get a cashier's check for 15k from by bank. Keep things totally unlinked or pvt. ..drive it over and set up an acct. Deposit..let it sit for 100-180 days, cancel. I have time to do it because it's take nothing to do on my way home. Easy 600 bucks.
.Repeat with Fargo then chase promo, again
Remember you need to set up direct deposit for the checking account. Also, if you close the account within 6 months, they will deduct the bonus.
Does it say anywhere one must deposit $15k? The way I read it says get a $100 bonus when you open both chk and savings accounts at the same time... without specifying you must deposig $15k
You don't have to deposit $15k, but at the page with promo details they have three options: $300 (for qualifying checking), $200 (for qualifying savings) or $600 (for both). I don't see how you can claim extra $100 for just opening a non-qualifying account.
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The thing abt inquiring from CS is that they wouldnt know for sure, and their response might be of little help as I assume the bonuses are system generated. Happens to me all the time - CS assures me of one thing, and system works differently. And I cant have them honor CS's promise afterwards
Yeah, I hear you. Nowadays, even speaking to a CS rep becomes a challenge, with bouncing around through their automated call systems.
Note that the bonus is reported to IRS as income (form 1099 IIRC). So you have to pay income taxes on it. Not saying it's a bad deal, just something to consider …
Bonuses are always taxed. You better setup an LLC and write off things for taxes. Not financial advice
Sounds too much work for a bank that does not do you a favor of keeping the interest rate current (so at least here, you are losing most of the Savings bonus they are paying you). Basically zero interest: https://www.chase.com/personal/sa...rest-rates
You are being tricked that $200 is a "bonus" when it's actually maybe $50 more when compared to a high interest savings (compared to leaving $15k for 3 months in a high interest savings account, that I already have).
In my case this reduces the overall bonus to about $450.
Then... and you can't close accounts before 6 months (they reverse the bonus already paid). Meaning you need to do monthly activities to keep it fee free.
Just sharing in case the above was not clear to you or you didn't know.
If you do, definitely close as soon as possible because this is not a bank you want to keep your money at.
Sounds too much work for a bank that does not do you a favor of keeping the interest rate current (so at least here, you are losing most of the Savings bonus they are paying you). Basically zero interest: https://www.chase.com/personal/sa...rest-rates
You are being tricked that $200 is a "bonus" when it's actually maybe $50 more when compared to a high interest savings (compared to leaving $15k for 3 months in a high interest savings account, that I already have).
In my case this reduces the overall bonus to about $450.
Then... and you can't close accounts before 6 months (they reverse the bonus already paid). Meaning you need to do monthly activities to keep it fee free.
Just sharing in case the above was not clear to you or you didn't know.
If you do, definitely close as soon as possible because this is not a bank you want to keep your money at.
I know of no other bank accounts that will make me $600 in 3 months. Please link the ones you speak of.
As for closing, you just leave the bare minimum in. Which, I haven't looked yet and is pure speculation doing this bonus a few times years ago, was to leave $1000 daily balance in for the remainder of the 6 months.
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Bonuses are for people who don't have existing Chase checking or savings accounts, or those whose accounts have not been closed within the last 90 days. Keep in mind, 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.
Sofi currently has a 1.8% interest rate on both checking and savings and Chase still has a 0.01% Savings interest rate even after all the Fed hikes.
Obviously the Chase bonus is great for bonus churners and the people who actually go into banks in 2022 but I'm not switching back for 0.01%.
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You just said it, what did you expect?
Sofi currently has a 1.8% interest rate on both checking and savings and Chase still has a 0.01% Savings interest rate even after all the Fed hikes.
Obviously the Chase bonus is great for bonus churners and the people who actually go into banks in 2022 but I'm not switching back for 0.01%.
Does it say anywhere one must deposit $15k? The way I read it says get a $100 bonus when you open both chk and savings accounts at the same time... without specifying you must deposig $15k
The thing abt inquiring from CS is that they wouldnt know for sure, and their response might be of little help as I assume the bonuses are system generated. Happens to me all the time - CS assures me of one thing, and system works differently. And I cant have them honor CS's promise afterwards
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.Repeat with Fargo then chase promo, again
You are being tricked that $200 is a "bonus" when it's actually maybe $50 more when compared to a high interest savings (compared to leaving $15k for 3 months in a high interest savings account, that I already have).
In my case this reduces the overall bonus to about $450.
Then... and you can't close accounts before 6 months (they reverse the bonus already paid). Meaning you need to do monthly activities to keep it fee free.
Just sharing in case the above was not clear to you or you didn't know.
If you do, definitely close as soon as possible because this is not a bank you want to keep your money at.
You are being tricked that $200 is a "bonus" when it's actually maybe $50 more when compared to a high interest savings (compared to leaving $15k for 3 months in a high interest savings account, that I already have).
In my case this reduces the overall bonus to about $450.
Then... and you can't close accounts before 6 months (they reverse the bonus already paid). Meaning you need to do monthly activities to keep it fee free.
Just sharing in case the above was not clear to you or you didn't know.
If you do, definitely close as soon as possible because this is not a bank you want to keep your money at.
I know of no other bank accounts that will make me $600 in 3 months. Please link the ones you speak of.
As for closing, you just leave the bare minimum in. Which, I haven't looked yet and is pure speculation doing this bonus a few times years ago, was to leave $1000 daily balance in for the remainder of the 6 months.
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