Chase Bank $900 Bonus w/ Coupon Code: Total Checking + Savings

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Chase Bank has a Total Checking + Savings account promotion offering up to $900 total for new customers that open both a checking and savings account with them along with additional specific requirements. This is a limited-time offer and significantly bigger than their usual bonus amounts. I recommend the e-mail option where you get an e-mail with confirmation subject “Your $900 coupon from Chase is here!” along with a unique 16-character coupon code. Otherwise, make sure you click on the correct online link on the $900 page to apply the proper code to your application. Current shown expiration is 4/19/2023, but it may end earlier.

The notable requirements are that you must switch over a “real” direct deposit to the checking and you’ll need a $15,000 deposit for 90 days in the savings. You enter your e-mail address, and you will get a unique code for your online application. Some of the language suggests you should reside near a physical Chase branch, but the link lets you apply online and it should work from anywhere (you will know via instant approval). If you already have a Chase credit card, the application can be pre-filled.

Chase Total Checking $300 bonus details. Checking offer is not available to existing Chase checking customers, those with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance. You must:

  1. Open a new Chase Total Checking account, which is subject to approval;
  2. Have your direct deposit made to this account within 90 days of coupon enrollment. Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government.
  3. After you have completed all the above checking requirements, [Chase will] deposit the bonus in your new account within 15 days.

Avoid monthly service fees on Total Checking when you do at least one of the following each statement period. Otherwise a $12 Monthly Service Fee will apply.

  • Have monthly direct deposits totaling $500 or more made to this account; OR
  • Keep a minimum daily balance of $1,500 or more in your checking account; OR,
  • Keep an average daily balance of $5,000 or more in any combination of qualifying Chase checking, savings and other balances.

Chase Savings $200 bonus details. You must:

  1. Open a new Chase Savings account, which is subject to approval.
  2. Deposit a total of $15,000 or more in new money into the new savings account within 30 days of coupon enrollment;
  3. Maintain at least a $15,000 balance for 90 days from the date of coupon enrollment. The new money cannot be funds held by Chase or its affiliates.
  4. After you have completed all the above savings requirements, we’ll deposit the bonus in your new account within 15 days.
  5. 0.01% effective APY as of 1/18/23, in the zip codes I checked.

Avoid monthly service fees on Chase Savings when you do at least one of the following each statement period. Otherwise a $5 Monthly Service Fee will apply.

  • Keep a minimum daily balance of $300 or more in your savings account; OR,
  • Have at least one repeating automatic transfer from your Chase checking account of $25 or more. One-time transfers do not qualify; OR,
  • Chase College CheckingSM account linked to this account for Overdraft Protection, OR,
  • Account owner who is an individual younger than 18, OR
  • Have a linked Chase Premier Plus Checking, Chase Premier Platinum Checking, or Chase Private Client Checking account.

To receive the $400 extra bonus: You must open the checking and savings account at the same time and complete all requirements above for BOTH the checking bonus and savings bonus. After you have completed all requirements, [Chase] will deposit the remaining bonus due in your new account within 15 days.

I have read no reports of a “hard” credit check, and did not experience one myself on a previous offer years ago. Note that that to receive any of the above bonuses, the enrolled account must not be closed or restricted at the time of payout.

This is the highest bonus I’ve seen for this Chase combo. Earning $900 on $15,000 in 90 days is the equivalent of a 24% annualized return. The bonuses are considered interest and will be reported on IRS Form 1099-INT.

Bottom line. Chase is offering a big bonus to try out their checking and savings accounts (a convenient account, but also one that notably pays nearly zero interest). With a total opening deposit of $15,000 in new money, you can open both accounts and avoid both monthly fees. You’ll also need to change your direct deposit (any amount). Earning $900 on $15,000 in 90 days is the equivalent of a 24% annualized return.

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Comments

  1. William Jackson says

    Thanks for great find. I usually pass on vaporware-like “great bonuses,” especially from hinky credit unions, but am bookmarking this one.

  2. Michael Anderson says

    Ha! Yes, a nice bonus, but I don’t know why Chase even offers a savings account. 0.01% interest? What will it take for them to budge from 0.01%?

  3. Thomas Bolena says

    When I click the link above, it just takes me to chase.com website (with no mention of $900. offer). Did I do something wrong, or do you think they pulled this offer?

  4. Jason Boxman says

    I think if you’ve had an account closed less than two years ago, this might not work for Chase. I need to check, as I did one of their bonuses in the past few years, but possibly less than two years ago.

    • Thomas Bolena says

      Maybe that’s it. The “last enrollment date” is what they say they go by which would qualify me (12/15/20). But I didn’t close the account until 9/8/21.

  5. How long ago can you have an account opened/closed to qualify?

  6. Thomas Bolena says

    Hi Sam- The “last enrollment date” (which is what they say they use) would qualify me, but the date I closed the account wouldn’t . I wonder if that’s why it’s not working.

  7. Is there a minimum amount for the direct deposit? I can’t find one but usually banks will have a minimum dollar amount.

  8. So technically once the bonuses are deposited, and after at least 90 +15 days, it is safe to close both accounts?

    • I just enrolled yesterday, and it’s WORTH NOTING that even though your initial/bonus funds can be withdrawn after 90 days from account opening, you must KEEP THE ACCOUNTS OPEN FOR 180 DAYS from account opening (and satisfy minimum balance, and/or direct deposit requirements, to waive account fees), OTHERWISE, Chase will do a chargeback of the bonus funds if the accounts are closed prior to the 180-day mark.

  9. how do you find: “last enrollment date” ?

  10. Interesting… as I’m reading it, you need $15k in savings from days 30-90, but you don’t really get anything for having it there for days 1-29. If you’re getting 4% on it elsewhere, that month costs you $50 in lost interest from your other account. I’ll still probably do it soon so as to not worry about it, but there’s no real rush to do it right after opening the account.

  11. $500 for checking direct deposit ($300 balance maintenance for savings – not direct deposit)
    checking: Electronic deposits made into this account totaling $500 or more, such as payments from payroll providers or government benefit providers, by using (i) The ACH network, (ii) The Real Time Payment network, or (iii) third party services that facilitate payments to your debit card using the Visa® or Mastercard® network,

    OR a balance at the beginning of each day of $1,500 or more in this account,

    savings:
    A balance at the beginning of each day of $300 or more in this account,

    OR $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 a Chase College CheckingSM account linked to this account for Overdraft Protection,

    OR an account owner who is an individual younger than 18,

    OR a linked Chase Premier Plus CheckingSM, Chase SapphireSM Checking, or Chase Private Client CheckingSM account
    OR an average beginning day balance of $5,000 or more in any combination of this account and linked qualifying Chase checking, savings, and other balances

  12. I opened both accounts a few years ago to take advantage of the $600 bonus. It’s worth mentioning that you cannot electronically transfer the $15,000 into the Chase savings. Chase had/has a much lower transfer limit. Long story short, my transfer was later cancelled, and my online account locked as suspected fraud. Calls to customer service directed me to a local branch for an explanation. The local branch advised that I had exceeded the max transfer limit and would need to deposit a certified or cashier’s check from my source
    bank. I transferred the $15,000 from my online-only savings account to another local bank where I had an account. I got a cashier’s check from them and made the deposit at the local Chase branch. Neither of the other banks had any issue with the transfer and I’d never had a problem with other banks even with larger transfer amounts. In hindsight I probably could have completed the initial transfer using multiple smaller amounts. Maybe three separate $5000 transfers within the 30 days.

  13. so dumb – they shut down the link. I had it open and everything a few weeks ago. Could not provide the coupon code as it was online only. Did not see an option to email myself the code? Anyway – very poor experience calling their support.

  14. Yes the link is dead now, any luck on alternatives to get the coupon code?

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