Forget free toasters and t-shirts, these days banks are fighting tooth and nail for your business.
Chase is one of the most generous with offers in the hundreds of dollars when you open a new account.
Chase Bank changes these offers up frequently. I've seen offers for $350 all the way up to $500. 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 need to request a coupon via email on the promotion page (or apply online is applicable) and bring it to a branch to open an account.
The current available Chase promotional offers are:
Chase Total Checking Account & Savings Account – up to $350
This is the active offer. it doesn't require as big of a deposit in the savings account ($10,000 vs. $15,000 in the account for their expired higher bonus).
You can get $200 when you:
- Open a new Chase Total Checking account and
- Deposit at least $25 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 $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.
You can also earn another $150 with a Chase Savings Account:
- 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 Savings 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.
Available in AL, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, NC, NE, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV.
Learn more about Chase Total Checking & Savings
(Offer expires 4/15/2019)
Chase Total Business Checking – $300
Chase Total Business Checking will give you $300 if you open an account and:
- Deposit $1,000 in NEW money within 20 business days of account opening,
- Maintain that balance for 60 days,
- Complete five qualifying transactions within 60 days – debit card purchases, Chase QuickDeposit, ACH (credits), and wires (credits and debits)
Once you complete these, they will deposit the bonus within 10 business days.
Learn more about Chase Total Business Checking
(Offer expires 4/9/2019)
Chase Premier Plus Checking – $300
This one is separate from the above and it's $300 for opening a Chase Premier Plus Checking account. You must get the coupon via email and bring it to a Chase branch.
You need to be a new Chase checking customer, deposit at least $25 at account opening, and have your direct deposit made to the account within 60 days of opening the account. You'll get the bonus within 10 days. You need to keep the account open for at least six months or they will deduct the bonus.
The Chase Premier Plus Checking account has a $25 monthly service fee unless you do at least one of the following:
- Keep a minimum daily balance of $15,000 or more across your Chase accounts (checking, savings, and other balances), or,
- Have automatic payments to your qualifying linked Chase mortgage from your Chase account. Payments set up through Online Bill Pay do not qualify. Mortgages must be in good standing and be first mortgages with servicing retained by Chase.
Available in AL, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, NC, NE, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV.
Learn more about Chase Premier Plus
This account has a bunch of other perks too – like no-fee Chase design checks, no Chase fee on the first 4 non-Chase ATM transactions each statement period, no annual rent for a small safe deposit box, and more. You also earn interest on your checking account balance with this account.
All bonuses are reported as bank interest on a Form 1099-INT.
Chase Sapphire Checking – 60,000 Ultimate Rewards
Chase has a new type of checking account, known as the Chase Sapphire Checking, and a very juicy promotional offer.
They are offering 60,000 Chase Ultimate Rewards when you open an account and transfer a total of $75,000+ in new (to Chase) money or securities within the first 45 days. This is to any eligible checking, savings and/or investment accounts at Chase. Then, maintain that balance for 90+ days and you'll get the promotion.
The checking account has a minimum balance of $25 with a $25 monthly service fee. The monthly fee is waived if you maintain an average beginning day balance of $75,000+.
Available in AZ, CA, CO, CT, FL, GA, ID, IL, IN, KY, LA, MI, NJ, NV, NY, OH, OK, OR, TX, UT, WA, WI, WV.
Learn more about Chase Sapphire Checking
(Offer expires 3/5/2019)
How to Get a Promotional Coupon
To get these deals, you need go to the website and request a “coupon.”
The bonus terms and conditions are below 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 print out or on your phone, so they can enter in the coupon code. It's a long string of letters and numbers.
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.
That's it – enjoy the free cash!
Wow. That’s a solid ROI on your money. Unfortunately there no Chase banks in my area.
1) The Chase bonus offers are available in AL, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, NC, NE, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV.
2) You do NOT need to present the offer coupon at a Chase branch. You can open Chase checking and savings accounts online. The coupon code will automatically be applied.
If you don’t believe me, just Google “Chase bonus offers”
I’ve seen $500 offers here in NYC. I only got $200 for savings when I opened mine though…and $200 for checking.
My banker lied to me about this promotion! I was told 3-10 days was the waiting period for the $200 deposit. Now, I see its 60 days!!! Id like to file a complaint.
Waiting period as in how long you have to keep the funds in the account? Maybe there was a mis-communication because the bonus will be deposited within 10 days.
60 days from the day you open the checking account is the time limit for meeting the direct deposit requirement.
If I’m not that interested, can I just leave? Let’s say I deposit my money in the first week, get the bonus, but decide not to stay. Are there fees or requirements to worry about? From a simple glance at the website and the fine print it looks as though I could close my account the next month and take the money back to my old institution. Is the thought that’s a lot of work so very few people will actually do it?
Sure – but they’ll take the bonus money back.
Concerning the $500 offer don’t you have to keep your account for 90 days or is it 6 months? Regardless it’s better interest than you can get just about anywhere. Otherwise the interest on their regular savings, like most, is pretty bad.
The bonus is awarded after 90 days but you need to keep the account open for six months or they take it back.
From the terms & conditions at the bottom of the page: “Account Closing: If either the checking or savings account is closed by the customer or Chase within six months after opening, we will deduct the bonus amount for that account at closing.”
Where would I get $500 bonus offer? I’m seeing $350 offer for the same accounts.
The $500 offer comes and goes, I’ll update it if/when it returns.
i have a chase checking but would like to know if there is some kind of bonus for opening a savings account? i would transfer at least $25 per pay check to the savings
The bonuses we list are the only ones I know about – they’re pretty good though, hundreds of dollars!
Is there a promotion for business savings?
Yes! Check it out, there’s a $200 bonus.
What is the definition of new money. Can I write a check to another account and deposit new money. Is there a waiting period to be new money?
It just has to be new to Chase, so transferred in from another source.
You neglected to mention who is NOT eligible for the Chase bonus offers.
1) At the bottom of the offer page, in the “Bonus/Account Information” section:
“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 with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance.”
2) Buried in the FAQ section for Chase Bonus Offers:
“Keep in mind, you can receive only one new checking and one new savings account opening related bonus every two years from the last enrollment date and only one bonus per account.”
This is an excellent point, I’ve amended the article, thank you!