Offer at a glance
- Maximum bonus amount:
- Availability: Nationwide, online or in-branch
- Direct deposit required: Yes, no minimum. Click here to view what triggers this bonus.
- Additional requirements: None for checking; $15,000 balance for savings
- Hard/soft pull: Soft
- ChexSystems: Doesn’t pull
- Credit card funding: Can fund up to $50 with a debit card online (prepaids do not work). Cannot fund with debit or credit in branch.
- Monthly fees: $5, avoidable
- Early account termination fee: None
- Household limit: None listed
- Expiration date: 07/15/2026
The Offer
Direct link to offer
- Chase is offering a savings bonus of up to $200. Must deposit the minimum within 30 days of account opening and maintain it in the new savings account for at least 90 days from the coupon enrollment date.
- Chase SavingsSM bonus amount: $100 – New Money Deposit Amount: $5,000 – $9,999.99
- Chase SavingsSM bonus amount: $200 – New Money Deposit Amount: $10,000 or more
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
$5 Monthly Service Fee OR $0 with one of the following, each monthly statement period:
- Keep a balance at the beginning of each day of $300 or more in your savings account,
- OR have $25 or more in total Autosave or other repeating automatic transfers from your personal Chase checking account (available only through chase.com or Chase Mobile®),
- OR have a Chase College CheckingSM account linked to this account for Overdraft Protection,
- OR have an account owner who is an individual younger than 25,
- OR have a linked J.P. Morgan Private Client Checking Plus, J.P. Morgan Classic Checking, Chase Private Client CheckingSM, Chase Sapphire® Checking or Chase Premier Plus CheckingSM
Early Account Termination Fee
There used to be an six-month period where you would lose the bonus if closed out, but sometime in 2022 (?) they removed that clause and so it’s now safe to close after you receive the bonus paid out.
Our Verdict
Previously these bonuses weren’t worth considering as you were better off doing the combined $900 checking/savings promotion. There are now flat checking bonuses for $400 or $900 so some people would be eligible for this bonus.
This account earnings basically 0%, so if we compare it to a 5% APY earning account you’d earn $123 in that account with $10,000 for 90 days (really it’s better than this as you only need to hold the funds from day 29/30 – 90). Whereas this bonus you get $200 so it is slightly better. Personally I’d be waiting for a more generous savings offer to come along.
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