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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
484,385 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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Deal
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+343
484,385 Views
$900 Bonus
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.

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 Sep 2017
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> bubble2 4 Posts
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soriano12nyx
01-15-2023 at 10:44 AM.
01-15-2023 at 10:44 AM.
Quote from link626 :
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.
I think they meant 23% APY for 3 months. Like 3 month CD's and TBills say 4% APY you not getting 4% return since its prorated to 3 months and not a year.
1
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Joined Jul 2006
L5: Journeyman
> bubble2 903 Posts
1,575 Reputation
Pro
xseanx
01-15-2023 at 10:45 AM.
01-15-2023 at 10:45 AM.
Quote from Andrey95 :
Can the $15k for the savings account just be a transfer from another bank?

Only the checking account needs a direct deposit, right?
Yes and yes.
Reply
Joined Nov 2010
L9: Master
> bubble2 4,221 Posts
759 Reputation
wealthisachoice
01-15-2023 at 10:46 AM.
01-15-2023 at 10:46 AM.
I am totally shocked at all the comments here. DO THE MATH! Either go for it or don't. Read the disclosures. They are on the site when you click on the link. They are all there. This is so simple to do or not to do. If you can't come up with a DD or 15K then this is not the right time for you. Yes there are other bonuses and feel free to go after them. I do but this is a great one. Wells Fargo also has a good one on their checking and also their credit card--which has 15 months of no interest. It is really cool when others give suggestions on other bonuses/high interest accounts but let's keep this conversation positive and trying to help people earn extra $$$ on their $$$ in the bank. We can all learn from others!
1
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Joined Nov 2010
L9: Master
> bubble2 4,221 Posts
759 Reputation
wealthisachoice
01-15-2023 at 10:48 AM.
01-15-2023 at 10:48 AM.
Quote from Gdog2004 :
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 ?
Didn't it say a $500 deposit???
Reply
Joined Oct 2011
L10: Grand Master
> bubble2 6,121 Posts
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prvns
01-15-2023 at 10:51 AM.
01-15-2023 at 10:51 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
When I do a "transfer" from my chase, it presents me two options "Immediate" and "Regular". If I choose Immediate option, the funds are transferred in a few seconds to a non-chase bank.
Reply
Joined Sep 2017
New User
> bubble2 4 Posts
10 Reputation
soriano12nyx
01-15-2023 at 10:51 AM.
01-15-2023 at 10:51 AM.
Think of this as a 36% APY 2 month $15,000 CD since you have 30 days to fund the account and the 90 days starts upon enrollment.

$15,000 x 0.36% = $450 a month for two months giving you $900 total.

Good luck finding that elsewhere.
Reply
Joined Nov 2010
L9: Master
> bubble2 4,221 Posts
759 Reputation
wealthisachoice
01-15-2023 at 10:52 AM.
01-15-2023 at 10:52 AM.
Here is something that is a little confusing

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.

3 contradicts 2??? $15,000 balance for 90 days from the coupon enrollment but you have 30 days to get the 15K in there???

#3 sounds like you have to deposit it immediately. #2 sounds like you can wait to close to the 30th day and deposit it and then take it out on the 90th day from coupon enrollment?
Reply

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Joined Jul 2004
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> bubble2 5,322 Posts
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Gdog2004
01-15-2023 at 10:53 AM.
01-15-2023 at 10:53 AM.
Quote from wealthisachoice :
Didn't it say a $500 deposit???
OK so lets say my paycheck is $1000....I can do ONE direct deposit of 500.00 (and have the rest of my direct deposit go to my normal bank) --ONCE to qualify ?
Reply
Joined Feb 2006
L10: Grand Master
> bubble2 19,690 Posts
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tenderidol
01-15-2023 at 10:58 AM.
01-15-2023 at 10:58 AM.
Quote from JSchuck :
You guys are all missing the details. It is not just 15k to get the $900. It is 30k. So cut all of your return calculations in half.

Quoting OP:
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.
Wow! Look at this genius. Everyone in this thread has not seen that secret clause and Schucky boy caught it. Thanks you, you saved so much lives today. Roll Eyes (Sarcastic)
1
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Joined May 2006
L7: Teacher
> bubble2 2,527 Posts
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tivoboy
01-15-2023 at 11:08 AM.
01-15-2023 at 11:08 AM.
I did this same one a few years back, I think it was Jan 2020. Wasn't hard to do, but make sure you have DIRECT DEPOSIT monies that you can use. At the time, I DID have a W-2, but normally have 1099, so it worked. I wonder if something like an RMD would trigger the DD deposit. If you don't do the DD, then they won't make the combination of payments. I had 15K lying around earning nothing at the time in another bank savings account, so $900 was quite a spiff indeed.

Also, you will get a 1099 from Chase for the year you do this transaction, for $900 in 1099-MISC INCOME, it's not enough to have to withhold or contribute extra during a year for almost everyone, but still make sure to be on the lookout for the 1099 for this from CHASE sometime in late Jan early Feb 2024, and report it on your 2023 taxes.
1
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Joined May 2006
L7: Teacher
> bubble2 2,527 Posts
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tivoboy
01-15-2023 at 11:12 AM.
01-15-2023 at 11:12 AM.
Quote from Gdog2004 :
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 ?

Depending on your employer you can split your DD to two different accounts, and I doubt Chase cares how much comes in via DD, they just want it DD setup. I'm not sure if it has to STAY DD for long, but it has to have been setup. I guess they are assuming you're going to keep it there, but the amount shouldn't be too relevant. Still, why not fund it with 50% of your paycheck for the checking DD requirement, and then just ACH/transfer the money to your OTHER bank account? It really takes no time and doesn't cost anything.
Reply
Joined Aug 2017
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> bubble2 1,142 Posts
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ifelseyesno
01-15-2023 at 11:14 AM.

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

01-15-2023 at 11:14 AM.
Quote from Gdog2004 :
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 is enough. It's the transaction type that triggers it, not the amount
1
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Joined Mar 2012
L4: Apprentice
> bubble2 451 Posts
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MordyNYC
01-15-2023 at 11:30 AM.
01-15-2023 at 11:30 AM.
Chase are scum
1
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Joined Nov 2010
L9: Master
> bubble2 4,221 Posts
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wealthisachoice
01-15-2023 at 11:51 AM.
01-15-2023 at 11:51 AM.
I think where it's getting confusing is the DD amount and trying to keep the checking and savings account FREE. Looks like you can deposit any amount but in order to avoid fees $500 would be necessary or fulfilling one of the other requirements. You can keep $1500 as a minimum balance, or DD of $500. It's up to you but once you go to the link to get the code--which I suggest everyone do and have it on hand in case you or someone else needs it--All of the information will be emailed or use the link that OP gave in this thread to get the details. It's not that difficult to figure out. LIke I said before--The 90 day from coupon and allowing 30 days to fund contradict themselves. How can you have 30 days to fund and $15,000 be in there for 90 days from the day the coupon was used? They might mean 90 days from the time the $15,000 is deposited. Anyone get clarification on that or am I reading it wrong?
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Joined Feb 2011
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> bubble2 90 Posts
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dosentmatter
01-15-2023 at 11:53 AM.
01-15-2023 at 11:53 AM.
Quote from SD_User_2187 :
I have a chase college checking account I've had for 10yrs now. Would a new non-college checking account qualify?
I also have an old College Checking account. I tried applying for the $900 offer and it asks me to login. Then it says:
Quote :
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.
I guess this restriction applies to College Checking:
Quote :
Checking offer is not available to existing Chase checking customers.
Are you seeing the same thing?
Reply
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