Forget free toasters and t-shirts, these days banks are fighting tooth and nail for your business.
Chase Bank offers many generous bonuses worth hundreds of dollars when you open a new checking or savings account.
Chase Bank changes these offers up frequently. 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.
Does Chase Bank have any active promotions right now? Yes, here they are:
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.
Chase Total Checking Account – $200
Does Chase really give you $200 to open an account? Yes! – here are the details of the Chase Total Checking Account offer.
You can get $200 when you:
- Open a new Chase Total Checking account and
- Set up and receive a Direct Deposit with 60 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:
- Have a monthly direct deposit of $500 or more into the account, or,
- Keep a minimum daily balance of $1,500 or more in the checking account, or
- 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 10 business days. The bonus will be reported as interest.
Learn more about Chase Total Checking
Chase Savings℠ – $150
You can get $150 for opening a Chase Savings℠ account and depositing the required amounts.
The terms are:
- Open a new Chase Savings℠ account and
- Deposit $10,000+ in new money within 20 business days and
- Maintain a $10,000 balance for 90 days.
- If you close the account within 6 months of opening, they will take back the bonus money.
The Chase Saving℠s account has $5 monthly service fee unless you do one of the following:
- Keep a minimum daily balance of $300 or more, or,
- Have at least one repeating automatic transfer of $25+ from your Chase personal checking account, or,
- Have a linked Chase Premier Plus Checking, Chase Premier Platinum Checking, or Chase Private Client Checking account.
Once you meet the requirements, the bonus will be deposited within 10 business days. The bonus will be reported as interest.
Learn more about Chase Savings℠
Chase Private Client – $2,000
Chase Private Client is an “elite” status for Chase banking and with Private Client, you get a private banker, no fees on most “everyday transactions” like wire transfers and international debit card purchases, as well as a rich welcome bonus.
If you have $250,000 or more in qualifying new money or securities, you could get $2,000 from Chase for opening a Chase Private Client account. This is for existing Chase customers that can transfer that amount of new money or securities into a combination of checking, savings, and investment accounts within 45 days of joining. Then, you need to maintain that balance for at least 90 days.
Learn more about Chase Private Client
All bonuses are reported as bank interest on Form 1099-INT.
New Eligible Chase Business Checking Account — $300
If you open a new eligible Chase business checking account and satisfy some qualifying activities, Chase will give you $300 when you:
- Deposit $2,000 in NEW money within 20 business days of account opening,
- Maintain a $2,000 balance for 60 days,
- Complete five qualifying transactions within 60 days – debit card purchases, Chase QuickDeposit, ACH (credits), and wires (credits and debits)
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 Not 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.
That's it – enjoy the free cash!
Chase Bank Promotions
Strengths
- Wide geographic footprint
- Apply online
- Relatively easy bonus requirements
Weaknesses
- Requires direct deposit
- Monthly maintenance fee (that is easily avoided)
