Best Chase Bank Promotions Earn Up To $300 By Opening A New Checking Account Of 2024
In addition to having thousands of outlets and a presence in all states but two, Chase Bank is the largest bank in America in terms of assets. When searching for a bank with a nationwide presence, Chase needs to be at the top of your list. You can earn up to $200 by moving your checking account to Chase Bank or up to $300 by opening a business checking account if you’re thinking about using them for your personal or business banking needs.
How Can You Earn a Chase Checking Account Bonus?
Chase and other banks frequently make it simple to be eligible for welcome incentives because they recognize that providing a cash bonus is an effective method to draw in new clients.
Banks and account types offer different sign-up incentives, but most of them need you to register an account and fulfill some kind of qualifying activity.
Receiving direct deposits, maintaining a minimum level in the account, using your debit card, and paying bills using the account are all possible ways to qualify for a Chase checking account bonus.
The current Chase new-account promotions are listed below. Details of the offer are current as of December 1, 2023.
Chase Checking Referrals
Referring friends to open a qualified Chase checking account can earn you a bonus if you already bank with Chase. Additionally, when your friends open a Chase checking account and fulfill the required requirements, they will receive a bonus.
What is the offer?
Receive a $50 bonus, up to $500 per calendar year, for each friend who establishes a qualified Chase checking account.
What transactions qualify for the offer?
Chase Total Checking®, Chase College CheckingTM, Chase Premier Plus CheckingTM, Chase Sapphire Banking, Chase Private Client, and Chase Secure BankingTM are among the qualifying Chase checking accounts.
When do you receive your bonus?
Within 30 days of the referred party opening an account, the money will be deposited into your account.
Is there a time limit on the offer?
No, Chase’s Refer-A-Friend initiative is still available.
Can you avoid the monthly service fee?
Monthly service charge rules change depending on the type of qualifying account that is opened.
Chase Savings Account Bonuses
These are the current savings account bonus offerings from Chase.
Earn $200 (EXPIRED)
Chase Savings℠
Chase SavingsTM is an interest-bearing savings account with waived monthly service fees, ATM access, and automated savings features for a basic savings account.
What is the offer?
When you open a new Chase Savings account and fulfill the required requirements, you will receive a $200 incentive.
What transactions qualify for the offer?
You must maintain a $15,000 balance for 90 days after enrollment and deposit a total of $15,000 or more in fresh money within 30 days of enrolling to be eligible.
When do you receive your bonus?
The money will show up in your account within 15 days of finishing the necessary transactions.
Is there a time limit on the offer?
Indeed. It ended on July 19, 2023, however, it might be replaced by a fresh deal.
Can you avoid the monthly service fee?
Any of the following actions will save you from having to pay a service fee:
Keep your balance at least $300 at the start of every day.
Maintain a minimum of $25 in Autosave or other regular transfers from your Chase personal checking account.
You are under the age of eighteen.
possess a linked checking account from some bank accounts owned by Chase
Earn $600 (EXPIRED)
Chase Savings℠ + Chase Total Checking®
Chase offers a chance to earn extra incentives for creating Chase Total Checking® and Chase SavingsTM accounts if you prefer to handle all of your banking with one bank. In addition, creating two accounts at the same time and fulfilling the required tasks can result in a $100 incentive instead of opening each account separately.
- What is the offer?
Earn a.
What transactions qualify for the offer?
You must open a new Chase Savings account, deposit $15,000 or more in fresh funds within 30 days of enrollment, and keep the $15,000 balance for 90 days after enrollment to qualify for the Chase Savings bonus offer. You must create a new Chase Total Checking account and set up direct deposit within 90 days of enrolling to qualify for the Chase Total Checking bonus promotion.
When do you receive your bonus?
The money will show up in your account within 15 days of finishing the necessary transactions.
Is there a time limit on the offer?
Indeed. It ended on July 19, 2023, however, it might be replaced by a fresh deal.
Can you avoid the monthly service fee?
You can avoid the monthly service charge for Chase Total Checking by doing any one of the following:
Make direct deposits or other payments into the account, including using your debit card, totaling $500 per month.
Maintain the account with a balance of at least $1,500 at the start of each day.
Keep $5,000 or more in average daily balances across all of your eligible Chase deposit accounts.
If you complete any of these steps, you can avoid paying the monthly service charge for Chase Savings:
Keep your balance at least $300 at the start of every day.
Maintain a minimum of $25 in Autosave or other regular transfers from your Chase personal checking account.
You are under the age of eighteen.
possess a linked checking account from some bank accounts owned by Chase
Are These Chase Bank Bonuses a Good Deal?
New business and consumer checking customers can frequently take advantage of Chase’s welcome bonuses, which are typically competitive with offers made by other big national banks. Making the switch to Chase for your banking might put a few hundred dollars in your pocket.
However, think about what you’ll need to do to avoid a monthly maintenance cost before opening an account. Bonus-eligible accounts can be quite beneficial, but only if you typically have a moderate amount in your checking account or will receive a fee waiver from other qualifying actions.
See if there is another bank that would be cheaper for you by browsing through the top checking accounts available today if your banking habits indicate that you will probably be forced to pay monthly fees.
What Else Should You Know About Chase Banking Promotions?
You Can’t Churn Through the Offers
You are not eligible for another incentive if you have established a checking account during the last two years and earned a welcome bonus. Furthermore, the special deals are intended for brand-new clients. You cannot just establish a new account, close your current one, and get a bonus if you are an existing client. You cannot get a welcome bonus if you close your Chase checking account during the prior ninety days.
You Can Receive Both a Personal and a Business Welcome Bonus
Even if you already have a personal banking relationship with Chase, you can still benefit from a welcome bonus if you own a small business by opening a business checking account.
You Must Keep the Account Open for a Time
It makes sense that Chase wants to draw in clients who, even after receiving a welcome incentive, want to maintain and use their accounts. Most of the time, to preserve your sign-up bonus, you have to keep your account open for a minimum of six months after you enroll in the program. Chase will deduct the account bonus amount from your account at closing if you close it within six months.
Your Bonus May Be Taxable
You should anticipate receiving a 1099-INT tax form with the promotional amount on it when you receive a welcome bonus for opening a new bank account. This is so that it can be reported to the IRS as interest income for tax reasons, which is what the welcome bonus is.
Compare Chase Bank Promotions With Other Banks
Chase provides eligible customers with several worthwhile bank perks. You might find greater appeal in one of the following bank bonus offers, depending on your banking needs and chosen bank.
Use promo code TWA200CIS to create a new online personal checking account with Bank of America Advantage Banking. Then, within 90 days of the account opening, set up and receive qualifying direct deposits totaling $2,000 or more to be eligible for a $200 incentive on Bank of America Advantage SafeBalance Banking®.
You can get a $50 incentive with the SoFi Checking and Savings Account´ when you receive qualifying direct deposits between $1,000 and $4,999.99, or a $300 bonus when you receive qualifying direct deposits of $5,000 or more.
When you open a TD Simple Savings account, deposit $10,000 or more within 20 calendar days, and keep a balance of at least $10,000 for 90 days after the date of your contribution, you can earn a $200 bonus.
Does Chase give you 300 for opening an account?
Small business owners will benefit most from this program. Offer: Open a new Chase business checking account, fulfill the deposit and minimum balance requirements, complete qualifying transactions, and get a $300 bonus. The required minimum deposit is $2,000. End date: January 18, 2024
Does Chase give you $200 for opening an account?
All you have to do to get the $200 incentive is establish a new Chase checking account that meets the requirements and set up qualifying direct deposits. The $200 bonus offer can be activated or claimed without a Chase promotion code. However, to receive the incentive, you must be a new customer.
Will Chase give me money for opening an account?
when you register for a Chase Total Checking® account as a new customer and deposit $500 or more in direct deposits into the account within 90 days of enrolling in the program. Account authorization is required. FDIC-insured JPMorgan Chase Bank, N.A. Obtain Service Charge, Bonus, Account, and Additional Vital Data.
What is the minimum amount to open a Chase checking account?
Zero is the minimal opening deposit. Interest on balances: variable, subject to fluctuation, 0.01% APY (effective November 21, 2023). ATM fees: There are none everywhere. Overdraft charges: Up to four overdrafts without fees throughout a year are allowed; beyond that, fees of $34 per overdraft, up to three times daily, apply.