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Open New Chase Total Checking & Chase Savings Accounts w/ Direct Deposit, Get Expired

$900 Bonus
(w/ $15K+ Minimum Initial Deposit) & More
+343 Deal Score
483,464 Views
Chase has select Bonus Offers when you open a New Checking and/or Savings Account with the terms listed below.

Thanks to Community Member addictedsaver for posting this deal.

Note: Instructions below are for opening account(s) online; to open account(s) in person, enter your email address on the promotion page and you will receive a coupon via email to take to your nearest Chase branch.

Offers/Instructions:
  • $300 Bonus when you open a New Chase Total Checking Account:
    1. Click "Open an account" under "Get $300 Chase Total Checking" on the promotion page to open a new Chase Total Checking account, which is subject to approval
    2. Have your direct deposit made to this account within 90 days of coupon enrollment.
      • 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 Zelle) are not considered a direct deposit. Micro-deposits do not qualify as a direct deposit for the bonus. Micro-deposits are small deposits, typically less than $1, that are sent to your account to verify it is the correct account.
      • After you have completed all the above checking requirements, Chase will deposit the bonus in your new account within 15 days
  • $200 Bonus when you open a New Chase Savings Account:
    1. Click "Open an account" under "Get $200 Chase Savings" on the promotion page to open a new Chase Savings account, which is subject to approval
    2. Deposit a total of $15,000 or more in new money into the new savings account within 30 days of coupon enrollment
    3. Maintain at least a $15,000 balance for 90 days from the coupon enrollment.
      • The new money cannot be funds held by you at Chase or its affiliates.
      • After you have completed all the above savings requirements, Chase will deposit the bonus in your new account within 15 days.
  • $900 Bonus when you open BOTH of the above accounts:
    1. Click "Open an account" under "Get $900 for both (an extra $400 bonus) Chase Total Checking + Chase Savings" on the promotion page to 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, Chase will deposit the remaining bonus due in your new account within 15 days.

Original Post

Written by
Edited January 14, 2023 at 10:28 PM by
Get $300 with a new checking account and another $200 with a new savings account with qualifying activities. Plus, get an extra $400 bonus when you open both accounts at the same time. TOTAL $900.

Checking offer is not available to existing Chase checking customers. Savings offer is not available to existing Chase savings customers. Both offers are not available to those whose accounts have been closed within 90 days or closed with a negative balance within the last 3 years. 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. Coupon is good for one-time use.

To receive the 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 coupon enrollment. 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 Zelle®) are not considered a direct deposit. Micro-deposits do not qualify as a direct deposit for the bonus. Micro-deposits are small deposits, typically less than $1, that are sent to your account to verify it is the correct account. After you have completed all the above checking requirements, we'll deposit the bonus in your new account within 15 days.

To receive the 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 30 days of coupon enrollment;

AND 3) Maintain at least a $15,000 balance for 90 days from the coupon enrollment. 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 15 days.

To receive the extra 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 account within 15 days.

To receive any of the above bonuses, the enrolled account must not be closed or restricted at the time of payout. Bonuses are considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).

Open link in incognito if it doesn't work

https://account.chase.com/consume...ng/QK72296
in Finance (3) Chase Consumer Bank
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$900 Bonus
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1,212 Comments

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Featured Comments

Early Account Termination Fee
If you close either account within 6 months of account opening, you will forfeit the bonus.
23% return on investment, not bad at all.

$900 / $15,500 = 0.058

0.058 * 4 quarters = 23%
lol what? You're getting $900 for 90 days with $15,000. You need to redo your math.

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Joined Dec 2018
Why is the Sky Blue?
> bubble2 661 Posts
203 Reputation
Sumt0n3
01-15-2023 at 09:35 AM.
01-15-2023 at 09:35 AM.
Quote from malmskd :
Not too much work for 23% (before tax) return. step by step: Keep your old checking account with your bill pay set up, open new chase checking, change your direct deposit allocation so only $500 goes to Chase and the rest to your "bill pay" checking account. When the $500 is deposited into Chase, Zelle $499 to your "bill pay" checking and the money will be there in 1 minute, and no monthly Chase fees. After 6 months, close the Chase accounts and repeat in 2 years! Trust me you'll find a good use for that $900!
Can I just deposit 15K into the savings and have a DD amount of $500 into my account and $500 into my wife's checking account or the DD check needs to be under her name?
Reply
Joined Apr 2017
L4: Apprentice
> bubble2 379 Posts
78 Reputation
Andrey95
01-15-2023 at 09:38 AM.
01-15-2023 at 09:38 AM.
Can the $15k for the savings account just be a transfer from another bank?

Only the checking account needs a direct deposit, right?
Reply
Joined Sep 2006
L6: Expert
> bubble2 1,527 Posts
311 Reputation
my3cents
01-15-2023 at 09:51 AM.
01-15-2023 at 09:51 AM.
Quote from my3cents :
And I think you're paying income tax on $900. So $785 becomes maybe $500 (or more or less depending on your tax bracket).
Quote from addictedsaver :
Do you also say no to a raise because you'll end up paying more tax?
Yeah, I realized that was a stupid complaint shortly after posting it :-)
2
Reply
Joined Oct 2011
L5: Journeyman
> bubble2 571 Posts
55 Reputation
rshakelford
01-15-2023 at 10:08 AM.
01-15-2023 at 10:08 AM.
So considering you dont qualify for the offer if you're a current customer and
1) have had an account with them in the past 90 days AND
2) offer expires on 04/19

what's the fastest way to zero out my current checking account and close it? I know getting cash out of the ATM is one option but I'd rather not deal with that

transferring funds to another one of my bank accounts will take 3 business days
Reply
Joined Aug 2010
L9: Master
> bubble2 5,578 Posts
332 Reputation
Pro
gamingdroid
01-15-2023 at 10:10 AM.
01-15-2023 at 10:10 AM.
How easy is it to close an account with Chase?
Reply
Joined Feb 2012
L7: Teacher
> bubble2 2,344 Posts
935 Reputation
oilman1
01-15-2023 at 10:15 AM.

Our community has rated this post as helpful. If you agree, why not thank oilman1

01-15-2023 at 10:15 AM.
Quote from rshakelford :
So considering you dont qualify for the offer if you're a current customer and
1) have had an account with them in the past 90 days AND
2) offer expires on 04/19

what's the fastest way to zero out my current checking account and close it? I know getting cash out of the ATM is one option but I'd rather not deal with that

transferring funds to another one of my bank accounts will take 3 business days
Call them and cancel, and they'll send you a check with the remaining balance.

IMO, this could be a good way to get flagged by Chase. Chase will close all of your accounts (credit cards too) if they deem you to be abusing sign up bonuses. Just something to consider.
1
Reply
Joined Aug 2017
L6: Expert
> bubble2 1,141 Posts
183 Reputation
ifelseyesno
01-15-2023 at 10:20 AM.
01-15-2023 at 10:20 AM.
Quote from gamingdroid :
How easy is it to close an account with Chase?

I did it before for another promo years ago, I was told I have to go to the branch to close it.

I also cleared out my account (prior to month end to avoid penalty) before going per suggestions on another site because it supposedly prevents them from excessively talking you into keeping it open.
Reply

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Joined Nov 2013
L2: Beginner
> bubble2 29 Posts
25 Reputation
dannysporea
01-15-2023 at 10:21 AM.
01-15-2023 at 10:21 AM.
Where does it say you must keep the accounts open for 6 months? I checked all the fine print on the offer page and cannot find it anywhere…
Reply
Joined Jan 2018
L5: Journeyman
> bubble2 598 Posts
78 Reputation
GhostNoteSymphonies
01-15-2023 at 10:26 AM.
01-15-2023 at 10:26 AM.
Does this let you get a referral bonus as well?

I tried asking the banker in branch, but they as used calling the 800 number...they seemed confused.
Reply
Joined May 2012
L5: Journeyman
> bubble2 522 Posts
34 Reputation
MetalGOnlinePro
01-15-2023 at 10:26 AM.
01-15-2023 at 10:26 AM.
Quote from incarnate :
Thats great. So in 23 months you can earn about $950 in interest on $15k, or you can earn $900 in 90 days here on $15k + $500 direct deposit.
Touche you got me.
Reply
Joined Jul 2006
L0: Useless
> bubble2 5,279 Posts
777 Reputation
link626
01-15-2023 at 10:29 AM.
01-15-2023 at 10:29 AM.
spend $15000 buying long expiration SPY put spreads against the market, and you'll make way more than $900 in 3 months.


(not financial advice)
1
5
Reply
Joined Jul 2006
L0: Useless
> bubble2 5,279 Posts
777 Reputation
link626
01-15-2023 at 10:39 AM.
01-15-2023 at 10:39 AM.
Quote from malmskd :
Not too much work for 23% (before tax) return. step by step: Keep your old checking account with your bill pay set up, open new chase checking, change your direct deposit allocation so only $500 goes to Chase and the rest to your "bill pay" checking account. When the $500 is deposited into Chase, Zelle $499 to your "bill pay" checking and the money will be there in 1 minute, and no monthly Chase fees. After 6 months, close the Chase accounts and repeat in 2 years! Trust me you'll find a good use for that $900!

where the hell are you guys getting 23% return?

you guys are all inflating the numbers to make this sound better than it is.

call it what it is.... 6% return, because it only lasts 90 days, and you get $900 max on $15000.

no extrapolating out to a year.

this is fuzzy math.
4
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Joined Sep 2017
New User
> bubble2 4 Posts
10 Reputation
soriano12nyx
01-15-2023 at 10:42 AM.
01-15-2023 at 10:42 AM.
"2. Maintain at least a $15,000 balance for 90 days from the coupon enrollment."

Wouldn't this make it 36% APY for 2 months on the $15,000 since you have 30 days to fund it. Even better than I thought.
1
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Joined Jul 2004
L9: Master
> bubble2 5,320 Posts
448 Reputation
Gdog2004
01-15-2023 at 10:44 AM.
01-15-2023 at 10:44 AM.
does anyone know if you can just do a partial deposit of your paycheck ? Like 100.00 or something or does it have to be your FULL paycheck ?
1
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Joined Oct 2011
L5: Journeyman
> bubble2 571 Posts
55 Reputation
rshakelford
01-15-2023 at 10:44 AM.
01-15-2023 at 10:44 AM.
Quote from oilman1 :
Call them and cancel, and they'll send you a check with the remaining balance.

IMO, this could be a good way to get flagged by Chase. Chase will close all of your accounts (credit cards too) if they deem you to be abusing sign up bonuses. Just something to consider.
Thanks for the heads up, I have had my current checking account with them for more than 10 years and that's also the same reason why I always avoid doing the $200-$300 bonuses but this one seems like it's worth it
Reply
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