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 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 WH21 by 12/15/2021 and then deposit at least $15,000 to get the lowest bonus amount. Deposit $25,000 to get the higher amount.
Does Chase Bank have any active promotions right now? Yes, here they are:
Table of Contents
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® – $225
Does Chase really give you $225 to open an account? Yes! – here are the details of the Chase Total Checking Account offer.
You can get $225 when you:
- Open a new 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:
- 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 15 business days. The bonus will be reported as interest.
Available online nationwide except in Alaska, Hawaii, and Puerto Rico. For branch locations, visit locator.chase.com.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 requirement and also no direct deposit requirement – but you must keep the account open for at least six months after coupon enrollment or they will deduct the bonus and there is a $4.95 monthly fee.
Get $100 from Chase Secure Banking
Chase Business Complete BankingSM — $300
If you open a new Chase business checking account 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)
Get $300 with a Chase Business Complete Banking Account
Chase Freedom Unlimited – $200
The Chase Freedom Unlimited card is offers one of the best credit card welcome bonuses out there. There is a sign-up bonus of $200 after you spend $500 on purchases in your first three months. 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. Oh, you also get 5% cash back on grocery store purchases (not including Target or Walmart) on up to $12,000 spent in the first year. 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
Is there a Chase Bank $600 Bonus?
No.
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.
Will Chase be bringing this bonus offer back anytime soon? I haven’t seen it in quite a long time so I wouldn’t expect it but you never know with promotions.
The old promotion was that you would get $300 with a new checking account with a direct deposit within 90 days, plus $200 for a new savings account with a minimum deposit of $15,000 or more, and then an extra $100 when you did them both.
If this offer returns, we’ll update this page with the latest details.
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.
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:
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 WH21 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.
Chase Total Checking® – $225
Chase Bank will give you $225 when you open a Total Checking account and set up 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!
HSBC Premier Checking – $450
HSBC has an offer where you can get $450 for eligible new customers who open an HSBC Premier checking account and make recurring monthly qualifying direct deposits of at least $5,000 for 3 consecutive months. Click here to learn more about this offer.
Huntington Bank – up to $500
If you are a resident of Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, or West Virginia then you could get up to $500 from Huntington Bank for opening a new checking account. There are several checking accounts that qualify but they’re great offers if you live in their geographic region. Click here to learn more about Huntington Bank offers.
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)
Ira H Tashman says
What if your checking account has zero balance when you close it after you get the bonus, but less than 6 months? Then how can they take the bonus money back from you?
I don’t know but I wouldn’t try – why not wait if that’s your goal?
oj erasa says
did they chargeback your account or did you wait 6 mos?
Mark says
How to go about getting a bonus for checking account and direct deposit at Chase Bank in Shepherdsville Kentucky
You can request a coupon via email and bring it to your local branch to open an account.
hailey hood says
i opened an account and my check automatically direct deposits. i still haven’t got the $200 bonus. any idea why?
Please reach out to Chase directly to find out the status of your bonus – the best way is to call them at 1-800-935-9935.
Kane Williams says
Do you know if Chase does a hard inquiry or have any sort of affect on your credit when opening the account?
I’m not 100% sure but I think it’s likely a soft inquiry.
Tasha says
I recieved my $200 bonus. Are their any bonuses for new saving accounts?
I keep this page updated with all the active promotions we’re aware of – we don’t see one at this time. (2/2/2021)
jam says
If I open a checking account online using the coupon code I received from Chase by email, how can I deposit the initial required amount into my account other than visiting a branch?
I don’t have a Chase bank account but I suspect you can link up an existing bank account elsewhere and transfer the funds via the ACH system.
Jane says
Exactly what does “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.” mean? Can’t I simply transfer the money from a personal bank account to Chase? Does it have to be a paycheck from my employee?
A personal transfer typically won’t count, it’ll have to be a paycheck from your employer or benefits from the government.
Jane says
So if I’m self-employed I’d need to use a company’s check to transfer the money from my business account to the personal one, correct?
I think it needs to be a direct deposit from a payroll system for them to recognize it. I’m not 100% sure though, I would call to find out.
Matt says
How much needs to be direct deposited in order to receive this checkings account bonus? And is it just one deposit or recurring?
For the Chase Total Checking, there is no requirement on the minimum amount or number of deposits. You can avoid fees by having a direct deposit of $500+.
Leslie says
For the Chase checking bonus:
The direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits.
Does it HAVE to be only one of the above or could I do an ACH transfer to my account from an external account?
It has to be from your employer, pension, or government.
David Belanger says
Are you able to combine bonus offers? For example if I were to open a total checking and chase savings, meeting all the requirements.
Yes, you can combine the checking and savings offers.
Khemwattie Beharr says
Hey I just opened an account today 1/5/21!!! I wasn’t told about it (Orlando)
Talk to your banker t see if they can retroactively apply it.o