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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
484,078 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
Score
+343
484,078 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 Jan 2007
L8: Grand Teacher
> bubble2 3,239 Posts
432 Reputation
windnsalsa
01-15-2023 at 11:33 PM.
01-15-2023 at 11:33 PM.
I assume one having only a chase credit card account is not a problem, correct?
Reply
Joined Dec 2013
L6: Expert
> bubble2 1,498 Posts
392 Reputation
VincentV2528
01-15-2023 at 11:47 PM.
01-15-2023 at 11:47 PM.
I have Chase checking account and my wife was a joint owner. Is she eligible for this promotion?
Reply
Joined Jul 2005
L5: Journeyman
> bubble2 987 Posts
376 Reputation
stuff4dave
01-15-2023 at 11:58 PM.
01-15-2023 at 11:58 PM.
Quote from dtm1017 :
Couldn't finish the application because it said my Experian report was frozen. Should I unfreeze for the soft pull?
Quote from dazedxxx :
Yeah, I think i had to unlock that one for another bank account I opened. Just do a temporary thaw.
Quote from dazedxxx :
That is incorrect they do check your credit with a soft pull. It needs to be not locked, a banker at chase verified this.
YMMV, but my credit reports are currently frozen, but I was still able to open a new checking/savings account without unfreezing. I just logged into my existing chase.com account for my credit cards during the application process, and then it said my new checking/savings accounts were good to go.

Not sure if this will apply for everyone, but that's how it worked for me.
Reply
Joined Feb 2016
...confuzed
> bubble2 3,308 Posts
650 Reputation
dazedxxx
01-16-2023 at 12:13 AM.
01-16-2023 at 12:13 AM.
Quote from stuff4dave :
YMMV, but my credit reports are currently frozen, but I was still able to open a new checking/savings account without unfreezing. I just logged into my existing chase.com account for my credit cards during the application process, and then it said my new checking/savings accounts were good to go.

Not sure if this will apply for everyone, but that's how it worked for me.

It's worth a try i guess if your doing it online (unless it doesn't let you try again).... but if someone is going to the bank they might want to call ahead just in case, otherwise it might be a hassle to unlock/thaw it on the spot.
Reply
Joined Oct 2016
L6: Expert
> bubble2 1,450 Posts
324 Reputation
LaughinGass
01-16-2023 at 01:27 AM.

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

01-16-2023 at 01:27 AM.
Quote from addictedsaver :
Isn't it 23.7%? With $15k in savings and $1,500 in checking to avoid fee?
By my math it's 26.67 % APY. There are several approximations in your math. First, 365 (or 366) days in a year, not 360. 2nd, you must assume a compounding interval; I assumed daily compounding (this is how most banks do it), and monthly payment (for comparison purposes...this really doesn't matter in this case though). Then, you have to realize that when a bank quotes you an APY, it's assuming you are re-investing the interest; this is why APY is higher than APR. Finally, you left off the paltry 0.01% actual APY (lol).

In summary, you can back-calculate the APY from the 90-day yield, and it works out to 26.67%. This gives you an apples-to-apples comparison of how your rate would be determined if it were parked in a savings account for the same period.

To the people who say, "but you can't get this bonus every 90 days", that's true, you cannot get this bonus @ Chase every 90 days; the APY is how much you *would* get if you were able to continue the return for a full year. After 90 days, you should move your money elsewhere. For the 90 days you have it parked here, you're making the same money you'd get in a savings account with a 26.67% APY after 90 days.
1
Reply
Joined Sep 2018
L1: Learner
> bubble2 265 Posts
34 Reputation
magiccdeal123
01-16-2023 at 04:37 AM.
01-16-2023 at 04:37 AM.
Quote from wakerider017 :
Probably a dumb question - but I just took advantage of the $900 promo from the Chase Business Ink credit card. Is it safe to assume I could also do this promo and earn another $900, being that I have never had a Chase checking or savings account?

Can we apple for that credit card without a business and will having only ssn?
Reply
Joined Jun 2010
L6: Expert
> bubble2 1,279 Posts
389 Reputation
Pro
incarnate
01-16-2023 at 05:38 AM.
01-16-2023 at 05:38 AM.
Quote from JSchuck :
All you have to do is read. Everyone was talking apy for 900 with 15k.
Yes, and everyone else was right. You are wrong.
1
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Joined Oct 2010
L3: Novice
> bubble2 210 Posts
33 Reputation
initialsi
01-16-2023 at 05:45 AM.
01-16-2023 at 05:45 AM.
Does this deal need a coupon code to activate?
Reply
Joined May 2009
L4: Apprentice
> bubble2 435 Posts
53 Reputation
dtm1017
01-16-2023 at 06:23 AM.
01-16-2023 at 06:23 AM.
Quote from stuff4dave :
YMMV, but my credit reports are currently frozen, but I was still able to open a new checking/savings account without unfreezing. I just logged into my existing chase.com account for my credit cards during the application process, and then it said my new checking/savings accounts were good to go.

Not sure if this will apply for everyone, but that's how it worked for me.

I also logged in (existing chase credit card customer), but had to unfreeze.
Reply
Joined May 2009
L4: Apprentice
> bubble2 435 Posts
53 Reputation
dtm1017
01-16-2023 at 06:39 AM.
01-16-2023 at 06:39 AM.
Quote from shooooooooter :
Early Account Termination Fee
If you close either account within 6 months of account opening, you will forfeit the bonus.

So after bonuses post I guess keep minimums in there to satisfy no fees to ride out the remaining 3 months?
Reply
Joined May 2015
L5: Journeyman
> bubble2 642 Posts
1,380 Reputation
Original Poster
addictedsaver
01-16-2023 at 06:54 AM.
01-16-2023 at 06:54 AM.
Quote from LaughinGass :
By my math it's 26.67 % APY. There are several approximations in your math. First, 365 (or 366) days in a year, not 360. 2nd, you must assume a compounding interval; I assumed daily compounding (this is how most banks do it), and monthly payment (for comparison purposes...this really doesn't matter in this case though). Then, you have to realize that when a bank quotes you an APY, it's assuming you are re-investing the interest; this is why APY is higher than APR. Finally, you left off the paltry 0.01% actual APY (lol).

In summary, you can back-calculate the APY from the 90-day yield, and it works out to 26.67%. This gives you an apples-to-apples comparison of how your rate would be determined if it were parked in a savings account for the same period.

To the people who say, "but you can't get this bonus every 90 days", that's true, you cannot get this bonus @ Chase every 90 days; the APY is how much you *would* get if you were able to continue the return for a full year. After 90 days, you should move your money elsewhere. For the 90 days you have it parked here, you're making the same money you'd get in a savings account with a 26.67% APY after 90 days.
With daily compounding yes, it's higher. Good comparison.
Reply
Joined Apr 2006
L7: Teacher
> bubble2 2,850 Posts
316 Reputation
aqan
01-16-2023 at 06:56 AM.
01-16-2023 at 06:56 AM.
Quote from ; :
Bonuses are considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
The deal works out better for uncle sam.
2
Reply
Last edited by aqan January 16, 2023 at 06:58 AM.
Joined May 2010
L5: Journeyman
> bubble2 632 Posts
90 Reputation
thedesi
01-16-2023 at 07:08 AM.
01-16-2023 at 07:08 AM.
I tried for my wife and it gave a simple 1 line that they cannot open an account. Anyone else have this?
Reply
Joined Apr 2008
L3: Novice
> bubble2 192 Posts
31 Reputation
wakerider017
01-16-2023 at 08:04 AM.
01-16-2023 at 08:04 AM.
Quote from magiccdeal123 :
Can we apple for that credit card without a business and will having only ssn?
Yes you can.
Reply

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Joined May 2019
L2: Beginner
> bubble2 46 Posts
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Pramod13
01-16-2023 at 08:05 AM.
01-16-2023 at 08:05 AM.
Opened both savings and checking account using the link. is there any place i can acess a document saying that both promotions are active or not?
Just to make sure that everything is working otherwise my work may go to vain.
Reply
Last edited by Pramod13 January 16, 2023 at 08:06 AM.
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