Advertiser and Editorial Disclosures The content below is NOT endorsed by the bank, and you should make sure to verify all terms and conditions with the bank itself before opening an account.
This is a classic bonus - Chase has run this offer for what seems like forever.
Sign up for the account and have one direct deposit of any amount post within the first 3 months. Within ten days you should expect to see your $200 post to your account.
If this your first time joining Chase's ecosystem, you'll be impressed by a lot - a super robust online portal and app, great customer service, and some of the best rewards credit cards in the country. If you are willing to forego more competitive interest rates in favor of a better overall experience, Chase is a good bank for the long-game.
While this is one of the easiest bonuses to get, there are higher-than-normal fees attached to it. To avoid the $12 monthly fee, you'll want to make sure you have at least $500 of direct deposits post to the account each month, keep at least $1,500 in the account every day, or keep an average balance of $5,000 or more across all of your Chase accounts.
You'll also want to keep the account open for at least six months, otherwise you could forfeit your bonus.
Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
How did this bonus go for you? Let us know in the comments.
AL, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, DC
Wednesday, January 20, 2021
Direct deposit - Amount | Frequency
Yes - $1 | 1
Savings requirement | time
FDIC InsuredFree Mobile Check Deposit
How to avoid monthly fees
To avoid the $12 monthly fee on the Total Checking account: Direct deposits totaling $500 or more made to this account, OR a balance at the beginning of each day of $1,500 or more in this 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.
Wait for reward (expected)
Leave account open
Other fine print
Checking offer is not available to existing Chase checking customers. Offer is not available to those whose accounts have been closed within 90 days or closed with a negative balance. You can receive only one new checking and one new savings account opening related bonus every two years from the last enrollment date and only one bonus per account.