Chase Bank, serving nearly 90 million consumers, is rolling out a $900 bonus for anyone who opens up both a checking and savings account with them. It’s being hailed as the bank bonus deal of the year, thanks to the hefty bonus and the easy-to-meet requirements. This offer is set to expire on July 24, 2024. In this article, we will outline the specifics of this promotion to help you figure out if it’s something you should go for.
What is the Chase $900 Bonus Checking and Savings Offer?
Gain a substantial Chase $900 bonus by opening both a checking and savings account simultaneously and fulfilling specific requirements. If you choose to open just one account, the checking account offers a $300 bonus, while the savings account offers a $200 bonus. But why stop there? Open both accounts together, and you secure the entire $900 bonus, giving you an extra $400.
To get the Chase $900 bonus, open an account online using a coupon code. Alternatively, simply enter your email on the website to get your coupon, then visit the nearest Chase branch to open an account in person. With Chase Bank boasting more than 4,700 Chase branches and 16,000 ATMs across the country, accessing your new accounts will be a breeze. Follow the detailed steps below to secure the Chase $900 bonus for checking and savings accounts:
How to Get the Chase Total Checking Bonus
Bankrate ranks the Chase Total Checking Bonus among the top checking account bonuses in April 2024. To get this $300 bonus, follow the steps below:
- Go to this link to open a Chase account.
- Choose the offer you want to open an account for and click Open an account.
- Indicate whether you are an existing Chase customer or not.
- Complete the form with the necessary information, including your legal name, contact information, address, nationality, Social Security number, and a valid identification document.
- After completing your application, set up direct deposits of $500 or more within a 90-day period upon coupon enrollment to receive a $300 bonus.
Note: Make sure your direct deposit comes from an electronic transfer, whether it’s your salary, pension, or benefits like Social Security, and is sent either by your employer or the government. Once you’ve met all the specified checking criteria, Chase will credit the $300 bonus to your new account within 15 days.
How to Get the Chase Savings Account Bonus
If you’re leaning towards just a savings account and want to take advantage of the $200 Chase Savings Account Bonus, simply follow the instructions outlined below:
- Go to this link to open a Chase account.
- Choose the offer you want to open an account for and click Open an account.
- Indicate whether you are an existing Chase customer or not.
- Complete the form with the necessary information, including your legal name, contact information, address, nationality, Social Security number, and a valid identification document.
- Once you’ve finished your application, arrange for direct deposits within the 90-day period of coupon enrollment amounting to at least $500 to meet the Chase Total Checking requirement.
- Keeping that balance for 90 days to secure the $200 bonus.
Note: The money you deposit needs to be new to Chase and not already in your account or with any of its affiliates. After fulfilling all the specified savings criteria, Chase will credit the $200 bonus to your new account within 15 days.
How to Get the Chase Total Checking and Savings Bonus $900
Maximize the $900 bonus opportunity by opening both a Chase Total Checking and Chase Savings account with these easy steps:
- Go to this link to open a Chase account.
- Choose the offer you want to open an account for and click Open an account.
- Indicate whether you are an existing Chase customer or not.
- Complete the form with the necessary information, including your legal name, contact information, address, nationality, Social Security number, and a valid identification document.
- Once you’ve finished your application, arrange for direct deposits totaling $500 or more within 90 days of coupon enrollment to meet the Chase Total Checking requirement.
- Deposit $15,000 or more within 30 days of enrolling in the offer, and keep that balance for 90 days to meet the Chase Savings requirement.
Note: Both accounts should be opened at the same time. Once you have completed all requirements, you will be eligible to receive a $300 bonus from the Chase Total Checking offer, a $200 bonus from the Chase Savings offer, and an additional $400 bonus, bringing your total bonus to $900. Within 15 days after the requirements are met, Chase will credit the bonuses to your new account.
Terms and Conditions
The following terms and conditions apply for the Chase $900 Bonus for Checking and Savings Account:
- If you’re already a Chase checking or savings account holder, you won’t be eligible for the respective new account offer.
- These offers aren’t available if you’ve closed any Chase account in the past 90 days or ended an account with a negative balance within the last three years.
- For a shot at any of these bonuses, make sure the account you sign up for stays open and isn’t restricted when it’s time for the bonus payout. Keep in mind, the account’s ownership status might influence your eligibility.
- You can receive a bonus for opening a checking account and a savings account once every two years, calculated from your last coupon enrollment date, and it’s a one-bonus-per-account deal.
- Complete all the necessary steps, and you’ll see your bonus deposited into your new account within 15 days.
- For the $900 bonus, you need to open both the checking and savings accounts at the same time and meet all the requirements for each. Do that, and the full bonus amount will be yours, deposited within 15 days.
- Remember, these bonuses are treated as interest, and thus, they will be disclosed on the IRS Form 1099-INT.
Before claiming these enticing bonuses, thoroughly grasp the qualifications and steps required to secure Chase’s checking and savings account bonuses. Review the eligibility criteria, necessary actions, and any stipulations to ensure you’re fully informed and can navigate the process smoothly to enjoy the rewards.
How to Avoid the Account Fees
Both Chase bank accounts come with monthly service fees ($12 for the Chase Total Checking Account and $5 for the Chase Savings Account), yet there are simple ways to waive them. In this section, we’ll explore how to bypass the monthly service fees by meeting specific criteria for each statement period. Whether it’s maintaining a certain balance or making regular deposits, there’s a way to keep more of your money in your pocket.
| Chase Total Checking Account | Chases Savings Account |
| Monthly direct deposit of $500 | Opening balance of $300 |
| Minimum daily balance of at least $1,500 | Automatic transfers of $25 or more through Autosave or other recurring transfers from your personal Chase checking account (exclusively via chase.com or the Chase Mobile app) |
| Average beginning day balance of $5,000 or more across this account and any linked qualifying Chase checking, savings, and other accounts | Link the account to any of the following: Chase Premier Plus Checking, Chase Sapphire Checking, Chase Private Client Checking, or a Chase College Checking account. |
Is the Chase $900 bonus worth it?
The Chase $900 bonus for new checking and savings accounts is Chase Bank’s biggest offer yet. However, Chase $900 bonus checking and savings reviews highlight that it’s only applicable for new customers and those who haven’t received a Chase bonus in the last two years. This means that a lot of people cannot enjoy this offer.
Moreover, the Chase savings accounts offer low yields after the bonus period. Therefore, it is advisable to transfer your funds to a higher-yielding account for better returns.
In short, while the Chase $900 bonus is an enticing offer for those who qualify, it’s best approached with a plan for your money after you receive the bonus. This way, you maximize the initial financial boost without losing out on potential earnings from higher interest rates elsewhere.
Related guide: Chase vs. Bank of America: Which Bank Is Best for You?
Summary
The Chase checking and savings account bonus $900 is Chase Bank’s most generous promotion yet. It’s particularly enticing for first-timers or anyone who hasn’t snagged a Chase bonus in the last two years. This offer provides a hefty initial boost to your bank account, but be mindful of the lower interest rates on savings accounts after you’ve secured your bonus. Plan wisely to ensure you continue to grow your finances effectively.
