Editor’s Note: These offers are no longer available.
See the bottom of this article for a new $100 bonus for opening a Chase checking account. If you’re looking for the best online checking accounts, including Ally, ING Direct, USAA, and others, read this article.
A new Chase branch opened across the street from my apartment recently. I was considering opening an account there for the convenience, but I haven’t given it too much thought. I’m more inclined to simplify my finances rather than open new accounts. I’m in the process of reducing my collection of accounts in order to simplify my life. While the new Chase branch is a block away, my brick-and-mortar institutions of choices, Wells Fargo and TD Bank, are just down the street.
This weekend, I received a notice in the mail that Chase is offering a $100 bonus for opening a checking account. These offers come in every so often, and can be for any amount between $100 and $200. The account must be opened with a low minimum of at least $100 but there are no fees only if you initiate direct deposit. I’m happy with my current direct deposit arrangement, whereby funds from my paycheck are automatically deposited into my ING Direct Electric Orange account and then distributed to savings from there.
This bonus does not appear to be available online. It required the physical certificate received in the mail or a code to be given to an account representative at a Chase branch. Here is the full “fine print” on this offer:
Chase Free Checking™ requires a $100 minimum opening deposit of new money (money not currently held by this bank or its affiliates) to qualify for the bonus. Chase Free Checking has no monthly service fee when you have a monthly direct deposit. Limit one personal checking account-related reward/premium per customer, per calendar year. Offer not available on account conversions or in combination with any other offer. Bonus will be automatically deposited into your new account with 10 business days of account opening, but not considered part of minimum opening deposit. Checking account must remain open for a minimum of six months or the bonus will be debited from the account at closing. Account is subject to approval. Bonus is considered interest and will be reported on IRS for 1099-INT.
Add to the bonus with this credit card offer from Chase to maximize your cash back rewards!
- Chase Freedom® Visa: Currently offers $100 Bonus Cash Back + 0% Intro APR
Updated March 2012, here are current codes for receiving a bonus for opening a Chase checking account:
- $150 bonus for Chase checking: 4282884628808196
- $200 for Chase business checking: 4173783293084960
If these codes are no longer available, let me know, and I’ll remove them from the listing.
And if you’re looking for an online checking account with a $400 bonus, consider the Citigold® Checking Account. Citi offers 40,000 ThankYou after signing up, setting up one direct deposit and making two online bill payments.
If you successfully use any of these codes, let me know. I’ll keep this article updates with the latest codes.
Updated September 15, 2013 and originally published January 7, 2008.