Chase Bank is the largest bank in the country, by both assets and branches, with over 4,800 locations nationwide. That’s why a lot of people prefer banking with Chase—no matter where you go, there’s a good chance there’s a branch location nearby. Chase has a reputation as being a very fee-heavy bank, and that’s true. But if you’re careful, there are plenty of ways to come out ahead with one of the many generous Chase Bank promotions. Chase Bank Promotions: April 2024 Chase Bank Promotions: April 2024 Compare Promos Alternatives FAQs The Bottom Line How to Get the Bonus Bonus Restrictions and Account Fees How to Get the Bonus Bonus Restrictions and Account Fees If all you want is the Chase Total Checking® account, this is a better bonus to select. Even if you don’t want the matching savings account, the bonus amount is $100 higher. How to Get the Bonus Bonus Restrictions and Account Fees You can use second-chance checking accounts much like how you use a secured credit card to build better credit. After a time with this account, you may be able to qualify for a better checking account elsewhere. How to Get the Bonus Bonus Restrictions and Account Fees How to Get the Bonus Bonus Restrictions and Account Fees Thanks to the Federal Reserve, deposit account interest rates haven't been this high since 2001. That's because the Fed has raised the federal funds rate to its highest level in 22 years to help combat inflation. The rates on savings, money market, and CD accounts are directly influenced by the federal funds rate—when it rises, so do bank deposit rates. And with the Fed leaving the door open to more rate hikes in the future, deposit account rates could climb even higher. Pros Easy way to earn a cash bonus Can receive bonuses for both personal and business accounts Cons Must be a new customer Will need to have qualifying activity or meet other requirements Cash bonus is taxable Most bank promotions aren’t around forever—you’ll have to open your account before the offer expires to qualify for the deal. Yes, Chase Bank promotions are often very good. However, the actual Chase bank accounts you’ll be signing up for may not be worth keeping for very long. They offer very low rates and come with high fees, so we suggest looking elsewhere for your long-term banking needs. Overdraft fees could wipe out the bonus you’ll earn for the Chase College Checking account in just one day, for example. Yes, Chase Bank promotions are considered taxable income. At the end of the year, Chase Bank will send you an IRS Form 1099-INT so you can report the bonus you earned and pay your taxes on it. It’s a good idea to hold some money from your bonus back to pay the taxes. Chase Bank promotions are not very well advertised on its website. In order to find them, we suggest following the links provided in this article. Each page offers an option to sign up, and we suggest using that specific link in order to ensure you’re receiving the correct Chase Bank promotion offer. Yes, but you’ll need to be careful about it. Most Chase Bank promotions are limited to people who don’t already have the same type of account open. For example, if you’re applying for the Chase Total Checking bonus, you won’t be eligible if you have any other Chase checking accounts open—but if all you have is a Chase savings account, for example, you’re still eligible for the bonus. Chase Bank offers various promotions to qualifying customers. As of October 2023, Chase is offering cash-back bonuses on its Total Checking, Secure Banking, Business Complete Checking, and College Checking. You typically need to be a new customer of that account type (checking, savings, etc.) to qualify for a Chase bank bonus, and then you must meet any other requirements. Those requirements may be getting a certain amount in direct deposits, maintaining a minimum balance in your account, or making a certain number of transactions. If you qualify for the bonus, Chase will deposit the cash into your account, usually within 15 days of meeting requirements. If you don't receive your cash bonus, contact Chase’s customer service for assistance. You may be eligible for a Chase Bank new account bonus if you don't currently have this account type (checking, savings, etc.) with Chase, haven't closed it within 90 days or three years with a negative balance, and haven't received a welcome bonus for this account type within two years. Each promotion has its own eligibility requirements, so check the specific offer you’re interested in to see what criteria you need to meet. And after those basic eligibility requirements, you usually need to perform certain actions (direct deposits, maintaining a balance, etc.) to earn the bonus. Chase offers opportunities for bonuses ranging from $100 to $300 for various checking accounts, each with different requirements to earn the bonus. The Chase Business Complete Checking account offers the highest bonus. Chase Total Checking offers a $200 bonus, and two more basic checking accounts—one specifically for college students—offer $100 bonuses. Earning the bonuses requires some volume of monthly transactions, direct deposits, or both, depending on the account. The earnings are taxable the same way any interest income is taxable. Article Sources Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. Federal Reserve. "Large Commercial Banks." Federal Reserve System. "Open Market Operations." Chase. "Enjoy $200." Chase Bank. "Deposit Account Agreement." Internal Revenue Service. "Topic No. 403, Interest Received." Chase. "Enjoy $200."Chase Bank Promotions: April 2024
Chase : Total Checking® – $300
Chase : Total Checking + Savings – $900
Chase : Secure Banking – $100
Chase : College Checking – $100
Chase : Business Complete Checking® – $300
Compare Chase Bank Promotions
Account Bonus Amount Promotion Expiry Qualifications Chase Total Checking® $300 July 24, 2024 Direct deposit Chase Total Checking + Savings $900 July 24, 2024 Deposit, direct deposit Chase Secure Banking $100 July 24, 2024 Transactions Chase College Checking $100 July 24, 2024 Transactions Chase Business Complete Checking® $300 July 22, 2024 Deposit, maintain balance, transactions In the News
Pros and Cons of Chase Bank Promotions
Pros Explained
Cons Explained
Alternatives to Chase Bank Promotions
Frequently Asked Questions
Are Chase Bank Promotions a Good Deal?
Are Chase Bank Promotions Taxed?
How Do You Find Chase Bank Promotions?
Can You Use Multiple Chase Bank Promotions?
Does Chase Bank Have Any Promotions?
How Do I Claim My Chase Bonus?
Am I Eligible for a Chase Promotion?
The Bottom Line
FAQs
How to get $900 bonus from Chase Bank? ›
Chase Total Checking + Savings – $900
Use the application link on the Chase Bank promotions page or enter your email address if you want to apply in person. You'll need to open both accounts at the same time—not staggered. Receive a direct deposit into the Chase Total Checking® account.
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.
What is the $3000 bonus at Chase Bank? ›These are the bonus tiers: Earn $1,000 when you deposit $150,000 to $249,999.99. Earn $2,000 when you deposit $250,000 to $499,999.99. Earn $3,000 when you deposit at least $500,000.
Does Chase have any promotional offers? ›JPMorgan Chase Bank is currently offering a bonus of $300 when you open a personal checking account and $200 when you open a savings account. If you open both accounts at the same time, you get an extra $400 — for a total bonus of $900.
What is the Chase bonus for 2024? ›Starting January 1 through March 31, 2024, Chase Freedom and Freedom Flex cardmembers can earn 5% cash back on up to $1,500 in combined purchases on the following: Grocery Stores1: Kickstart 2024 with the right regimen for the new year and a healthy approach of well-balanced meals with beneficial incentives.
What is the $1,000 dollar bonus at Chase Bank? ›This offer is best for those who can meet high minimum transfer requirements. Offer: Get a $1,000, $2,000 or $3,000 bonus when you open or upgrade to a new Chase Private Client Open Checking℠ account and complete qualifying transfers within the specified time frame. Minimum deposit to qualify: $150,000.
What is the bonus for JP Morgan in 2024? ›J.P. Morgan Self-Directed Investing 2024: Up to $700 Bonus.
What is the 80000 bonus reward Chase? ›This means that an 80,000-point bonus is worth $1,000 toward hotel stays, airfare, rental cars and more. But your rewards will likely yield the highest value when transferred to Chase transfer partners such as Hyatt, United Airlines, Iberia, Virgin Atlantic and more.
What is the Chase 20000 bonus reward? ›You will receive 20,000 bonus points with this bonus offer, which can be redeemed for $200 cash back. To qualify and receive your bonus, you must make Purchases totaling $500 or more during the first 3 months from account opening.
Can you negotiate with Chase? ›You may go through several rounds of negotiations before reaching an agreement. If you can't afford to pay off as much as 60%, you still have options. Chase will ask you about your budget, income, and expenses.
What bank gives you money just for opening an account? ›
Bank & account | Bonus amount | Direct deposit required |
---|---|---|
Chase: Chase Total Checking | $300 | $500 |
Citibank: All Citibank checking accounts | $300 | $1,500 |
Key Bank: Key Smart Checking | $200 | $500 |
Fifth Third Bank: Preferred Checking | $200 | $500 |
Enjoy $300
as a new Chase checking customer, when you open a Chase Total Checking® account1 and make direct deposits totaling $500 or more within 90 days of coupon enrollment. Account subject to approval.
$900 Cash Back After You Spend $6,000 On Purchases In The First 3 Months From Account Opening: You will receive 90,000 bonus points with this bonus offer, which can be redeemed for $900 cash back.
How long does it take Chase to give bonus? ›Open a new Chase Secure Banking account online or enter your email address to get your coupon and bring it to a Chase branch to open an account. online bill payments. Your checking account bonus will appear in your account within 15 days after completing the qualifying transactions.
When am I eligible for Chase bonus again? ›Yes. You can receive a Chase Sapphire bonus more than once. If it's been more than 48 months since you've last earned a bonus on either the Chase Sapphire Preferred or Chase Sapphire Reserve card, you can earn the bonus again.
How to get $200 bonus Chase Freedom Unlimited? ›Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening. (Get this welcome bonus.) 5% on travel purchased through Chase Travel℠. 3% at drugstores and on dining.