Saving money has never been as important as it is today. From unexpected personal finance challenges to global economic downturns that affect everyone, having some cash set aside can help all of us survive a rough patch.
Aug 25, 2018 Re: Minimum Direct Deposit For Chase Bonus? There is no minimum and they're not strict on what constitutes a DD, often a simple ACH push will trigger the bonus, here is a list of banks that will work with an ACH push. I did a $300 push from TD, $3 from Synchrony and $200 from Discover Savings, can't tell you exactly which triggered the bonus. May 04, 2021 Chase Business Checking $750 Bonus. Chase is one of my favorite bank when it comes to bank bonuses. They usually have some of the best personal and business account offers. They are now offering a $750 bonus for Chase Business Complete Checking (previously Chase Total Business Checking), and it doesn’t require a direct deposit. Monthly fee: $12, avoided by having monthly direct deposits of $500 or more, a minimum daily balance of $1,500, or keeping a daily average balance of $5,000 in your Chase Total Checking®.
As you know, I believe in the value of having some money set aside – as well as investing it as soon as you have the opportunity.
Taking advantage of the different promotions and bank bonuses makes saving money easier. Lots of companies we buy stuff from – from retailers to credit card providers – offer tons of promotions.
Chase Bank is an excellent company for that.
Here are the current Chase Promotions you can benefit from today:
Chase Bank’s promotions, coupons, and bonuses can help you save thousands of dollars – if you’re smart about how you use them.
The good news is that getting started with Chase is so simple. Just open a bank account, upgrade to Chase Private Client, or get a Chase Bank card.
The bank also offers more than a few credit cards with cashback offers and payment waivers to sweeten the deal!
But let’s not get ahead of ourselves. In this post, I’m going to tell you what promotions Chase Bank currently offers – and what you’ll need to qualify.
When there’s an expiration date for an offer, we’ll also let you know so you don’t miss out!
This offer has expired.
You can get a $150 bonus by signing up for a Chase SavingsSM account.
Once approved, you will have to 20 business days to transfer a total minimum amount of $10,000 in new money and keep that balance for 90 days. After these requirements are met, you’ll receive the $150 bank account bonus.
Here are the steps you need to take to qualify for this offer:
The Chase Business Complete Banking Account bonus is perfect for small businesses. And it’s one of the simplest Chase bank promotions to qualify for.
Offer expires 07/23/2021.
This offer has recently expired. Check back often in case it relaunches.
Chase Premier Plus Checking is an interest-earning checking account.
All you have to do is open a new checking account using the bonus offer below and make your first qualifying direct deposit within 90 days to receive your $300 account bonus.
This offer is has expired. Check back at a later date in case it relaunches.
You can get a $2,000 bonus by upgrading your account to Chase Private Client. You will need to get a coupon with an upgrade code using our link below before visiting a Private Client Banker.
Once the upgrade is complete, you will have to transfer a minimum amount of $250,000 in new money as outlined below within 45 days and keep that balance for 90 days.
When all the requirements are met, $2000 will be deposited into your account within 30 business days, which you can save or invest. Here are the steps you need to take to qualify for this offer:
This offer is no longer offered on millennialmoney.com and may be expired.
By opening a new You Invest By J.P. Morgan trade account and funding it with $25,000 or more in qualifying new money from a non-Chase account within 45 days, you will gain up to $725 in bonus cash. Get your offer below.
The information for You Invest℠ by J.P. Morgan has been collected independently by MillennialMoney.com. The details on this page have not been reviewed or provided by J.P. Morgan Chase.
You can earn a $750 bonus in cashback if you spend $7,500 during the first three months after opening your account.
Balance transfers, money orders, traveler’s checks, foreign currency, or any other transactions do not apply toward your $7,500 spending threshold. Only purchases from retailers and online stores apply.
Once your purchases’ total reaches the required amount, you will receive the bonus as cash amounting to $750.
It might take up to eight weeks for the points to reach your account, so be patient, and you will be rewarded.
When you apply for the Chase Freedom Unlimited credit card through Millennial Money you can get $200 cashback.
Once you get your card you have to spend $500 on purchases within three months and you will receive a $200 cash back bonus.
This offer is only valid for new cardholders.
You can earn up to $500 per year when referring friends or family to join Chase Bank. An existing Chase client with checking and savings accounts and Chase credit cards can invite friends or family members by entering their email addresses.
For each friend you refer, you will earn $50 once your friend opens a new account — a Chase Total Checking or/and Chase Savings using the coupon they received from you.
You can invite as many friends as you want, but it’s worth bearing in mind that you can only receive up to 10 bonuses in a year.
Here’s how to earn your $50 per friend or family member:
This offer is expired.
Get a $1,000 bonus when opening or upgrading to a Chase Sapphire Checking account.
To receive your Chase checking account bonus, you will have to transfer at least $75,000 to your newly opened or upgraded account within the first 45 days of account opening and maintain this balance for 90 more days at the very least.
Once the time window is up, you will receive $1,000 within 10 business days to your Chase Sapphire Checking account. This promotion is so easy you can complete it in three easy steps:
Qualifying for this bonus is easy. All you have to open a new Chase College Checking Account, enroll in paperless statements, and make sure to complete 10 transactions within 60 days of the account opening (trust me, it sounds harder than it actually is!).
The transactions that can be done are debit card purchases, Chase QuickDeposits, online bill payments, direct deposits, checks paid, and Chase QuickPay with Zelle. $100 is all yours as long as you complete all the steps.
If you have come across a Chase promotion you will probably need a coupon or a coupon code to redeem the offer. This is an important step during the account opening application process.
To get a coupon you can use with applicable offers, simply use our links above for qualified promotions.
Fill in the details, including your email address, and you will receive your coupon in your inbox. Be sure to check the Junk or Spam folder if the email does not show up within a few minutes.
If you are heading to a Chase Bank branch, don’t forget to print out the coupon and take it with you. You can also redeem coupons online by entering the coupon code when asked to during the sign-up process.
If you know someone who is already a Chase customer, you can also ask them to send you an invitation. You and your friend would both receive special offers.
It’s really important to make sure the coupon code or merchant category code is applied during account opening. Chase bank’s internal systems track these codes to make sure the bonuses are applied to your bank account automatically after the qualifying activities are met.
If your bank bonus doesn’t get applied automatically, you’ll need to contact Chase and request the bonus manually. This is sometimes a difficult process, so make sure you have the right coupon code to begin with.
Banking is part of our everyday lives, so choosing a bank requires some thought. Other than the cash bonus you can earn by opening a Premier Checking or Total Checking Account with Chase, why else should you bank with Chase?
I like Chase’s approach. You can access top-notch mobile banking apps and other online banking tools such as online bill pay through chase.com.
But the bank also has lots of physical branches — almost 5,000 spread across 40 states and D.C. — and about 16,000 ATMs which means you can access money directly 24/7 in most areas.
You could earn interest on your balance in a Chase Premier Plus Checking Account but the rate will pale compared to an online bank. Chase’s current checking interest rate is 0.01 percent APY. The same is true for Chase’s savings account interest rates.
What you get from Chase is convenience and local access to your money through the bank’s large network of ATMs and branch offices. You can access your savings account balance through a Chase ATM, too.
Plus, the bank has mortgages, personal loans, certificates of deposit, investment accounts, and a variety of savings accounts.
To keep your checking bonus amount you’ll need to keep the new account open for at least six months. If you close the account within six months, Chase will deduct your bonus from your account balance before closing the account.
Chase will report your bonus as paid interest to the IRS.
Both the Total and Premier Checking accounts charge monthly fees that you can waive pretty easily.
Direct deposits qualify to exempt you from Chase’s monthly service fees if they come from your employer or from government benefits such as Social Security. This is quite a simple process to have your employer’s payroll department switch your direct deposit information. Usually, they will have you sign a form to confirm the change. You will need to provide your employer the routing number and account number for the new account you set up, and changes sometimes take a few weeks.
Transfers between your personal accounts or through services such as Venmo, PayPal, or Zelle will not qualify. Neither will Chase ATM transactions or automatic transfers between your Chase savings account and your checking.
Almost all banks charge fees for overdrafts and other services. Here’s how Chase’s fees line up:
These fees align with the fees you’d pay with other large national banks such as Citibank and Wells Fargo.
Along with the bonus paying Total Checking and Premier Plus Checking, Chase offers checking accounts designed for high school and college students, both of which have more generous terms. Chase also has Private Client Checking with a variety of perks for high wealth clients with $250,000 or more in assets.
Chase’s bonus offers on credit cards come with some other nice perks such as cashback and no annual fees:
When you use a credit card like the Chase Freedom Unlimited to make your regular household purchases each month — and then pay off the entire balance — you can get 1.5 percent cash back on a big portion of your monthly expenses.
This is perfect for clients that purchase everything with their credit card. Typically these cash back incentives add up to big savings throughout the year and cover the annual fee of the credit card.
Chase’s You Invest service and its mobile banking app dovetail nicely with Chase Bank’s other online services. You can transfer money seamlessly between your deposit accounts and your investing account.
Because Chase is a bank, it’s important to understand your invested cash will not have FDIC protections like your checking, savings, or CDs. Your investment account could lose value, just like money invested with any online brokerage.
You Invest lets you open a taxable brokerage account, a traditional IRA, or a Roth IRA. If you already have these types of merchant services with another financial institution, you can transfer them over to chase and might qualify for the $725 bonus.
If you have $2,500 or more in your investment account you can use Chase’s Portfolio Builder, a robo-advisor, at no charge. (The leading robos usually charge at least 0.25 percent of your account’s balance per year.)
If you’d rather have some guidance — which isn’t a bad idea — open a You Invest Portfolio account. You’d pay a 0.35 percent annual management fee.
Overall, You Invest provides the basics any beginning investor could need, but more advanced investors may want a service with more options.
Chase routinely offers a number of different promotions that can help businesses as well as individuals. The promotions are usually available for both new and existing customers.
New promotions come out all the time, so check chase.com from time to time to see which offers you can claim on any given day.
If you’re an existing Chase customer, you can earn up to $500 per year just by referring your friends and family to open up a Chase checking account. You get a referral credit, and your friend also qualifies for whatever bank account bonus they are applying for. This also works for referring small businesses when they open up a new business checking account.
Yes, Chase Bank will give you a bonus of up to $200 for opening a checking account as noted above. But, you have to meet all the qualifying criteria which include setting up direct deposit activities within the specified time period. We go over the qualified direct deposit options below in more detail.
Chase offers these incentives as a welcome bonus for NEW customers. While it’s possible to open a personal checking account, a business checking account, and a credit card simultaneously, Chase typically doesn’t allow existing customers to qualify for the exact same savings bonus twice. You will also need to meet the individual requirements and minimum deposit for each account you open.
Check carefully within the terms and conditions of each offer, and you’ll see the definitions for new or returning customers. If you sign up for one of these Chase bank promotions, you will usually need to wait 2 years before qualifying for another bonus of the same type.
Whether you are new to banking, looking to change your bank to Chase, or an existing Chase client, you can find ways to save or earn bonuses through the bank.
I’ve highlighted the main ways to save money and get bonuses with Chase Bank, but remember to check chase.com for new offers that pop up all the time. In addition, Chase bank will sometimes post targeted offers in the mail to select prospects. If you get a letter from Chase with a unique promotion code, there’s a chance they are offering you a better promotion than one you can find online.
Chase Bank offers cashback options for many of its credit cards and payment waivers for account holders. Don’t miss the opportunity to up your savings game by taking advantage of these offers and promotions.
I recommend Chase Bank to readers who want to start a relationship with a large brick-and-mortar bank with locations around the country. You might earn more interest with an online savings account but you won’t get the same level of customer service. Also, Chase’s mobile banking app is quite advanced and you can perform a lot of self-service activities right from your mobile phone. You can cash checks remotely, do Zelle money transfers, and manage all of your accounts within a single view.
If you’re already considering a new bank, or if you’re shopping to open your first-ever account, bank bonuses like the Chase checking account bonuses may provide the incentive you need.
The key to using bank bonuses is to save or invest the bonus, if possible. Move the money into a savings account and be sure to set up direct deposits into your checking account so you can avoid the monthly maintenance fee.
Tailored content and experiences to help your teen understand money basics, so they can start off on the right foot
Visit a branch to open a Chase High School Checking account that includes direct deposit and Zelle®.
Account subject to approval. Go to a Chase branch for more information.
See Additional Banking Services and Fees (PDF) for more information.
Explore more options and tools for your financial journey
Stay on top of your current and future goals with a Chase Savings account — featuring no monthly service fee for students under the age of 18.
Start Saving with Chase Savings
Get Chase First Banking℠ for your children ages 6 to 17, to manage a debit card for your teens and kids through the Chase Mobile® app.
Continue to Chase First Banking
Are you a college student aged 17-24? You may qualify for $0 monthly service fees (up to 5 years).
Continue to Chase College Checking
After you turn 19, your Chase High School Checking account will convert to a Chase Total Checking® account. If you’re off to college, there may be a better option for you.
Explore more options and banking tips for students and parents alike.
Learn more about options for students and parentsChase High School Checking is for student ages 13-17 at account opening with their parent/guardian as a co-owner. The parent must have an existing qualifying Chase checking account which must be linked to the High School Checking account. Qualifying accounts exclude Chase High School Checking, Chase College Checking, Chase Secure Checking and Chase First Checking.
High School Checking has no monthly service fee. Standard Overdraft Practice and Chase Debit Card Coverage℠ aren't available.
To open an account in the branch, students must have a parent or guardian with them. The parent or guardian must have a qualifying checking account. Qualifying accounts exclude Chase High School Checking, Chase College Checking, Chase Secure Checking and Chase First Checking.
Students should bring at least one primary ID and one secondary ID. Common examples of primary ID include but aren't limited to: birth certificate, US driver’s license with photo, passport with photo, social security card, and state issued ID with photo. Common examples of secondary ID include but aren't limited to: additional primary IDs; student ID with photo; employer ID with photo; employer pay stub; and more. If you have questions about acceptable forms of identification, contact the branch for more information.
Non-U.S. citizens can open a Chase High School Checking℠ account in any Chase branch with a Passport with photo and the Student INS I-20 or ICE I-20 form OR Passport with photo and the DS-2019 form. Non-U.S. students also need a residential address and a parent or legal guardian.
When the student turns 19, their Chase High School Checking account will convert to a Chase Total Checking account and they'll receive a new Chase debit card. The parent/guardian from the Chase High School Checking account will remain as a co-owner of the Chase Total Checking account unless removed.
Eligible students 17 years or older can change their account from a High School Checking account to a Chase College Checking account by seeing a banker at a Chase branch. You'll need proof of college/university student status (for example, a transcript or acceptance letter) and expected graduation date. If you have questions about acceptable forms of identification, contact the branch for more information.