Update 2013:
The only chase checking account bonus available so far in 2013, is a $200 gift card bonus (not cash) and requires a promotional coupon. You can buy these coupons for between $10 and $20 on ebay here.
Chase Bank issues checking account bonuses regularly throughout the year on 3 of their 4 available checking account options.
The account that is never packaged with a cash bonus is their student checking account (read more about student checking accounts here).
The three checking accounts that are regularly packaged with promotional cash give-aways are:
1) Chase Total Checking Account – This is their most basic checking account offer. It is geared towards lower asset holding individuals and is therefor less frequently accompanied with a cash bonus then their two premier accounts (below). The Chase Total Checking Account comes with the standard list of features any basic account would – free debit card, mobile banking, and text alerts. You’ll get hit with a $10 monthly fee if you dont make a direct deposit of at least 500 hundred bucks every month OR maintain a minimum balance of at least $1,500.
Here’s a recent $150 checking bonus packaged with the Chase Total Checking Account.
2) Chase Premier Plus Checking – This is account is one step up from their “Total” package above. It features much more perks but also comes with a stiffer fee and minimum balance requirement. As for the features, it comes with all of the features we mentioned above PLUS free checks and money orders (a savings of between $20 and $50). Also, the first 4 non-Chase ATM fees will be reimbursed each month. This equates to roughly one per week. This was a big plus for me as both my office and home are over 5 miles away from the nearest Chase ATM. It also garners an interest rate albeit modest when compared to the current national average for standard money market accounts. In today’s low interest environment though, this is practically irrelevant though (it’s less than a quarter of one percent). A few additional perks I enjoyed with this product were free incoming wire transfers and 24/7 phone support (although I believe that is available for any Chase account). Watch out for monthly fees though. If you dont maintain a minimum balance of at least $15,000 you’ll get hit with a $25 monthly fee!
Here’s a recent $125 bonus for setting up a Chase Premier account.
3) Chase Premier Platinum Checking – This is their ultimate checking offer as far as perks and bonuses are concerned. Before we dive into some of the features, you’ll want to know it requires a total of $75,000 in assets with Chase otherwise a $25 monthly fee will be applied. As for its features, it comes with all the features of the previous accounts plus free foreign ATM usage at all times and an option for a free linked business checking account. This account can almost always be had with a sign-up bonus of between $100 and $200. Even if you cant find a coupon code for this on our site or anywhere else online, speak to a representative about the bonus and 10 times out of 10 they will apply it to your new account. With the amount of assets you’ll be required to hold, there is no way they wont give you a cash incentive if requested.
Here’s the most common $100 checking account bonus available with all 3 Chase checking accounts.
Obtaining Chase a $200 Coupon on E-Bay:
A new method has also been floating around on various message boards out there regarding purchasing these coupons on E-Bay. And I can tell you, it actually does work. You can purchase a $200 bonus coupon for the “Total Checking Account” on EBay for between $10 and $20. I dont know how many are out there, but Im still seeing quite a few for sale. We are guessing Chase created a number of these promotional coupon codes and somehow some employees got their hands on them and are either selling them on EBay themselves or to a middle man. Chase also sends these out via direct mail marketing campaigns, so some may be being sold by the recipients.
Share you experience with these infamous checking account promotions from Chase Bank by leaving a comment below!
