Chase Bank Promotions for January 2023: $200 & $100 Bonuses

When it comes to new account bonuses, Chase Bank offers some of the most generous bonuses – often worth hundreds of dollars when you open a new checking or savings account.

Chase Bank updates these offers from time to time. I’ve seen offers for $350 all the way up to $600. Sometimes there will be multiple promotions on the same accounts, so always go with the higher one if you can meet the balance requirements! We maintain a list of the best bank promotions for a checking and a savings account.

For each offer, you can open an account online or you can request a Chase coupon via email and bring it to your local branch to open an account. While available nationwide, you can only open an account online if you have a physical branch in your state.

Discover Bank Logo

💰 Discover Online Savings Account – $150 or $200

Discover Bank is offering a $150 or $200 bonus to open your first Online Savings Account. Just open it with the code WH323 by 3/15/2023 and then deposit at least $15,000 to get the lowest bonus amount. Deposit $25,000 to get the higher amount.

Learn more about this offer

Does Chase Bank have any active promotions right now? Yes, here they are:

Table of Contents
  1. 1. Chase Total Checking® – $200
    1. How to Get a Promotional Chase Coupon
    2. Who is Eligible for Chase Bonuses?
  2. 2. Chase College CheckingSM – $100 Bonus!
  3. 3. J.P. Morgan Self-Directed Investing – up to $625
  4. 4. Chase Secure Banking — $100
  5. 5. Chase Business Complete CheckingSM — $300
  6. 6. Chase Freedom Unlimited® – up to $300 cash back
  7. 7. Chase Freedom Flex℠ – $200
  8. 8. Chase Sapphire Preferred® Card – 60,000 Ultimate Rewards points
  9. Frequently Asked Questions
  10. How Does This Offer Compare?

How does a Chase bonus work? As you’ll see with the list below, Chase will give you a bonus if you open a bank account and meet their conditions. A checking account bonus will require you to open an account and set up a direct deposit. A savings account bonus will require you to open an account and deposit a minimum amount to get the bonus. The terms are easy to achieve and routine, nothing above and beyond what other banks request. I’d consider them all “easy” to achieve without any gotchas.

1. Chase Total Checking® – $200

Does Chase really give you $200 to open an account? Yes! – here are the details of the Chase Total Checking Account offer.

New Chase checking customers can get $200 when you:

  • Open a Chase Total Checking account and,
  • Set up and set up direct deposit within 90 days. The direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits.
  • If you close the account within 6 months of opening, they will take back the bonus money.

The Chase Total Checking account has a $12 monthly service fee unless you do one of the following:

  1. Have a monthly direct deposit of $500 or more into the account, or,
  2. Keep a minimum daily balance of $1,500 or more in the checking account, or
  3. Keep an average daily balance of $5,000 or more in any combination of qualifying Chase checking, savings, and other balances.

Once you meet the requirements, the bonus will be deposited within 15 business days. The bonus will be reported as interest.

Available online nationwide. For branch locations, visit

Open an Account

How to Get a Promotional Chase Coupon

To get these deals, you may need to go to the website and request a “Chase coupon.”

The bonus terms and conditions are above but to get access to the offer, you’ll need to go to the Chase website and request a “coupon.”

Now go to your email account and print out the email they sent. Take it to a branch and open an account. You will need to bring the email, either as a printout or on your phone, so they can enter in the coupon code. It’s a long string of letters and numbers.

If you go to a Chase branch without one of these coupons, wit the coupon code, they may not give you the offer. Go with the coupon and avoid any questions.

That’s all you need to do to get the promotional coupon offer!

Who is Eligible for Chase Bonuses?

There are rules regarding who is eligible for these offers – for each of the checking and savings offers, you cannot get the bonus if you’re an existing Chase customer for that product. So if you have an existing Chase checking account, you cannot get the bonus for the checking offer. If you have an existing Chase savings account, you cannot get the Chase savings account offer.

Also, you can only get one new checking and one new savings account bonus every two years based on the enrollment date.

Things like this can invalidate you so make sure to review our guide on bank account bonuses to see what other gotchas other banks may have in their terms and conditions.

2. Chase College CheckingSM – $100 Bonus!

Chase Bank offers a Chase College CheckingSM Account for college students 17 – 24 with proof of student status. The Monthly Service Fee is $0 for the 5 years while in college with a $0 minimum deposit. You can’t beat that!

Access to more than 16,000 Chase ATMs and more than 4,700 branches.

Chase will also give students a $100 bonus if they open an account and complete 10 qualifying transactions within 60 days of account opening.

Available nationwide.

Learn More about Chase College CheckingSM

3. J.P. Morgan Self-Directed Investing – up to $625

J.P. Morgan Self-Directed Investing will give you a bonus based on the amount you deposit within 90 days. It’s a simple bonus and if you’re looking for a new self-directed investing account, getting up to $625 is a nice perk – who doesn’t like cash?

The terms are easy – enroll in the bonus offer and then open an account by 1/19/2023.

Then transfer cash and securities from an external account into your new J.P. Morgan Self-Direct Investing account within 45 days. Keep the cash/assets in for 90 days and the bonus will be award within 15 days.

The bonus schedule is:

Deposit AmountBonus Amount
$25,000 to $99,999$125
$100,000 to $249,999$300
$250,000 or more$625

Get your bonus from J.P. Morgan


4. Chase Secure Banking — $100

Chase Secure Banking has an offer of $100 when you open an account and complete 10 qualifying transactions within 60 days of enrollment – the activities include debit card purchases, online bill payments, Chase QuickDepositSM, Zelle® and ACH credits.

Your bonus will appear within 15 days of completing ten transactions.

What’s nice about this account is that there is no minimum deposit to open and no direct deposit requirement. There is a $4.95 monthly fee.

Get $100 from Chase Secure Banking

5. Chase Business Complete CheckingSM — $300

If new Chase checking customers open a Chase Business Complete CheckingSM and satisfy some qualifying activities, Chase will give you $300 when you:

  • Deposit $2,000 in NEW money within 30 business days of account opening,
  • Maintain a $2,000 balance for 60 days,
  • Complete five qualifying transactions within 90 days – debit card purchases, Chase QuickDepositSM, ACH (credits), and wires (credits and debits)

There is a Monthly Service Fee that you can get waived if you meet any of the following criteria each statement period:

  • $2,000 minimum daily balance
  • $2,000 in net purchases on your Chase Ink® Business Card(s)
  • $2,000 in deposits from Chase QuickAccept℠ or other eligible Chase Payment Solutions transactions
  • Link a Chase Private Client Checking℠ account
  • Provide qualifying proof of military status

Get $300 with a Chase Business Complete Checking account

6. Chase Freedom Unlimited® – up to $300 cash back

Chase Freedom Unlimited CardThe Chase Freedom Unlimited® card is offers one of the best credit card welcome bonuses out there. There is a sign-up bonus of up to $300 cash back with an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year). Where else can you get such a high bonus amount for such a, relatively, low spend?

It is also a $0 annual fee cash back credit card that offers 5% on travel purchases through Chase Ultimate Rewards, 3% at drug stores and dining, plus 1.5% cash back on all other purchases. Be enticed by the bonus but stay for the awesome cashback rates.

The rewards are in the form of Chase Ultimate Rewards points which can be redeemed for gift cards, merchandise, and “cash equivalents.” If you want cash, you can get cash too (statement credits, bank deposit) but the reward points are quite useful using their portal.

👉Learn more about the Chase Freedom Unlimited Card

7. Chase Freedom Flex℠ – $200

If you don’t already have a Chase Freedom Flex℠ card, opening a new one will net you $200 after $500 in purchases in the first 3 months. A solid bonus for a card with a $0 annual fee.

As a daily use card, it offers 1% on all other purchases on top of 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter (must be activated), and 5% on Chase travel purchased through Ultimate Rewards, 3% on dining and drugstores.

The bonus gets your attention but the regular perks of the card gives you a reason to keep it in your rotation.

👉 Learn more about Chase Freedom Flex

8. Chase Sapphire Preferred® Card – 60,000 Ultimate Rewards points

Chase Sapphire PreferredThe Chase Sapphire Preferred Card will give you 60,000 Ultimate Rewards points after you spend $4,000 in purchases within the first three months. I am a huge fan of Chase Ultimate Rewards points because of how versatile they are and the portal is convenient to use, unlike some others out there.

You also earn 5x points on travel purchased through Chase Ultimate Rewards, 3x points on dining, 2x on all other travel purchases, 1x on everything else (plus a $50 annual Ultimate Rewards Hotel Credit) – all you pay is an annual fee of $95.

👉 Learn more about the Chase Sapphire Preferred Card

Frequently Asked Questions

Does Chase Bank give you money for opening an account?

Yes, Chase Bank has a cash bonus of $200 for a Total Checking Account. You open an account and then set up and set up direct deposit within 90 days to get the bonus.

Does Chase give you $300 for opening an account?

Chase Bank varies its promotions and the most active bank bonus right now is $200 for a Total Checking Account. They also have credit card bonuses like Chase Freedom Unlimited (up to $300 cash back) and Chase Sapphire Preferred (60,000 Ultimate Rewards points).

How can I get $600 from Chase?

Right now, you can’t. Several years ago, Chase Bank offered a $600 bonus when you opened a Chase Total Checking account and a Chase Savings account. That offer has since expired and anyone saying they know of one is simply out of date. The closest you can get is with their credit card offers.

Does Chase have any promotional offers?

Yes, this page lists all their banking and credit card promotional offers. Currently, you can get $200 for a Total Checking Account.

Is there a fee for closing a Chase bank account?

There is no fee for closing an account but if you earned a bonus, you must keep the account open for six months or they will take back the bonus.

How do I get my Chase Private Client $2,000 bonus in 2023?

The Chase Private Client bonus is invitation only and you need to have $150,000 across your Chase bank and investment accounts. The $2,000 bonus is only extended to existing customers with enough assets.

How Does This Offer Compare?

The business checking account offer is OK (see other business checking offers) but since there is no personal checking account offer – any other offer out there compares quite favorable!

Here are a few others:

⭐Citi Priority Account – up to $2000

Citi Priority is offering up to $2000 bonus when you open an account by 4/4/2023. Then, within 20 days of opening your account, deposit at least $10,000 in New-to-Citi® funds and keep it there for 60 days after the 21st day. The bonus amount is based on how much you can transfer but the lowest tier starts at $10,000.

👉 Click here to learn more

Discover Online Savings Account – $150 or $200

Discover Bank is offering a $150 or $200 bonus when you open your first Discover Online Savings Account with the promotion code WH323 and deposit at least $15,000 into the account within 30 days. You get $150 if you deposit $15,000 or more and $200 if you deposit $25,000.

👉 Click here to learn more

Bank of America – $100 Bonus Offer

Bank of America offers a $100 Bonus Offer cash bonus if you open a new account and set up and receive qualifying direct deposits totaling $1,000 or more into that account within 90 days of account opening. It has a monthly fee that is easy to have waived.

👉 Click here to learn more

Chase Total Checking® – $200

Chase Bank will give you $200 when you open a Total Checking account and set up direct deposit within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!

👉 Click here to learn more

Albert – $150

Albert will give you $150 when you open an account and receive a qualifying direct deposit of at least $500 within 45 days and spend at least $200 on goods and services every 30 days for 90 consecutive days with your Albert debit card.

Click here to learn more

That’s it – enjoy the free cash!

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About Jim Wang

Jim Wang is a forty-something father of four who is a frequent contributor to Forbes and Vanguard's Blog. He has also been fortunate to have appeared in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money.

Jim has a B.S. in Computer Science and Economics from Carnegie Mellon University, an M.S. in Information Technology - Software Engineering from Carnegie Mellon University, as well as a Masters in Business Administration from Johns Hopkins University. His approach to personal finance is that of an engineer, breaking down complex subjects into bite-sized easily understood concepts that you can use in your daily life.

One of his favorite tools (here's my treasure chest of tools,, everything I use) is Personal Capital, which enables him to manage his finances in just 15-minutes each month. They also offer financial planning, such as a Retirement Planning Tool that can tell you if you're on track to retire when you want. It's free.

He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a few commercial properties and farms in Illinois, Louisiana, and California through AcreTrader.

Recently, he's invested in a few pieces of art on Masterworks too.

>> Read more articles by Jim

Opinions expressed here are the author's alone, not those of any bank or financial institution. This content has not been reviewed, approved or otherwise endorsed by any of these entities.

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