Open a Chase Checking Account online and earn $100!

BankVibe reader Tom just sent us in another great checking account bonus from Chase Bank. It’s fairly similar to the other checking account promotions Chase has run in the past. Follow this link to grab the coupon code for this promotion. Here are the details…

Get $100 when you open a Chase Checking account

• You’ll need to make 5 debit card purchases or set up direct deposit.
• The offer is good until April 30, 2010, and you can apply online or get a coupon to take to a branch.
• To qualify for the bonus you must open a new Chase CheckingSM account with a $100 minimum deposit of new money (money not currently held by Chase or its affiliates).
• Also, within 60 days of account opening you must initiate a monthly direct deposit which includes payroll, pension, Social Security or other government benefits, or make five debit card purchases. The bonus will be automatically deposited into your new account within 10 business days after the initial direct deposit or five debit card purchases have posted to your account.
• Bonus is not considered part of minimum opening deposit. Limit one checking account-related reward/premium per customer, per calendar year.
• Offer not available on account conversions or in combination with any other offer. Offer not available to existing Chase checking customers.
• Employees of JPMorgan Chase Bank, N.A. and our affiliates are not eligible.
• 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 form 1099-INT.

Chase Bank extends it’s Business Checking Account Bonus

Back in October we made note of Chase Bank’s business checking account bonus which was offering anyone in the market for a new biz checking account a free $100 bonus for signing up. This offer was originally set to expire at the beginning of 2010, however, we just got word (thanks to Tom for tipping us off!) that Chase is extending this offer until March 15, 2010.

So… if you’ve recently registered a new business and would like a $100 cash injection (courtesy of Chase Bank) simply obtain a $100 Bonus coupon and take it to your nearest branch!

Details of Business Checking Bonus offered through Chase Bank:

• You’ll need to deposit $500 within 30 days of opening the account.
• This offer is valid until March 15, 2010.
• To qualify for this offer, open a Chase BusinessClassicSM Checking, BusinessClassicSM Checking with Interest, Chase Advanced BusinessCheckingSM, Advanced Business CheckingSM with Interest, Commercial Checking, Commercial Checking with Interest, or Chase BusinessPlus® Extra Checking account and deposit a minimum of $500 or more into your new business checking account within 30 days of account opening with funds not currently on deposit with Chase or any of its affiliates.
• Account opening and award of premium are subject to approval (interest bearing accounts available only to sole proprietorships, non-profit organizations, and government entities).
• Limit one business checking account-related premium per customer per calendar year.
• Chase reserves the right to withdraw this offer at any time without notice.
• Attempts to earn multiple premiums may be voided by Chase, at its discretion.
• Offer not available to existing Chase checking customers.
• Coupon must be presented at time of account opening.
• Offer not available on account conversions or in combination with any other offer and is non-transferable.
• Employees of JPMorgan Chase Bank, N.A. and our affiliates are not eligible.
• Cash premium will be deposited automatically into your checking account within 10 business days after the minimum deposit requirement is met.
• Cash bonus may be considered interest reportable on IRS Form 1099-INT.

Monday Showdown: Obama vs. Big Banks

It appears that history is repeating itself when it comes to “wall street fat cats” and the banking industry’s exuberant bonus structure. While main street continues to suffer and unemployment remains at an insanely high 10%, big banks and financial giants are, once again, paying out outrageous sums to their corporate leaders. This time, however, President Obama hopes to do something about it.

In a recent CBS interview (shown below) the president says “people on Wall Street still don’t get it.”

Top executives from Goldman Sachs, JPMorgan Chase, Bank of America and Wells Fargo (among others) are expected to be in attendance during today’s meeting with the President. Although some executives from the banks are claiming this is simply a P.R. stunt postured by the white house, President Obama says he didn’t run for office “to be helping out a bunch of fat-cat bankers on Wall Street.”

An article released on Yahoo News today claims, “the President has real problems only the banks can help him solve. On jobs, housing and the strength of the economy, he needs bankers to change their behavior, and there’s only so much he can do to force them. So when he sits down with the financial industry Élite on Monday, he may talk tough, but he’ll also be asking for their help.”

Why does Obama need help from the banking industry?

For the economy to get back on track, the staggering unemployment figures need to dwindle. However, in order for this to happen increased lending from banks to small businesses needs to take place. And this is one of the messages Obama hopes to articulate to banking leaders today. 

“One of the main messages from this meeting is that the financial industry received extraordinary help from the government - and ultimately the taxpayer - and now the industry has an obligation to help the small-business owners,” says White House spokesperson Jen Psaki.

Will today’s meeting amount to any real change within the banking industry?

Chase Bank business credit card: Ink Cash

The Ink Cash credit card from Chase Bank is yet another innovative product in which Chase has unleashed on potential consumers. This card is designed for small and medium sized businesses with emphasis on online business tools, customizable options and enhanced management features. 

Ink Cash business card from Chase is basically the cash back version of the Ink Cash personal credit card. Ink Cash allows you to earn up to 3% cash back on eligible business purchases with no limit on the amount you can earn. It also possesses features which allow you to manage employees whom also use the Ink card on a regular basis. You can manage their spending limits, track company expenses, identify potential tax breaks and track their rewards and measure their cash back potential. 

The new and potentially useful feature of this business credit card is what Chase Bank refers to as “Blueprint.” Blueprint is targeted toward the customer who currently holds a Chase Freedom, Ink, Slate or Sapphire credit card and can obviously be applied to this business credit card. 

Features of Blueprint:

Full Pay: Normally when you make purchases with your credit card and do not pay off the balance in full each month your bank will charge interest from the date of that purchase. With “Full Pay,” the cardholder can choose one or more of 14 categories of purchases for which the bank will waive the interest on the interval between the date of purchase and the billing due date, even if you don’t pay it off at the end of the month. Please note that Interest will resume at the start of the next billing cycle.

Split It: If you want to put a large purchase on your credit card you can set up a payment schedule much like an installment loan, based either on how long you would like to take to pay off the debt OR how much you would like to pay per month (kind of like a small business loan). 

Finish it: Create a plan to pay off this debt as expeditiously as possible.

Track It: Allows the cardholder to track expenditures and payments.

The most notable aspect of this semi-new program (launched in September) is the ability to create installment loans. Many people already use their credit cards for such a purposes (not recommended), and for those of you that do, the “Split It” program will at least provide you with a chance to get out of debt.

Chase Bank’s business checking account bonus: $100!

Have you recently registered a new business? If so, you may want to take advantage of Chase Bank’s business checking account offer which is valid until the end of 2009. From now until the first of next year Chase Bank will give your new (or existing) business a $100 bonus when you sign up for their business checking account (or a number of other Chase checking accounts)!

Thanks to BankVibe reader Cari for submitting this bank deal!

Terms and Conditions:

• Use this link to get a coupon to take to a Chase branch. 
• You’ll need to deposit $500 within 30 days of opening the account. 
• Offer is valid until December 31, 2009. 
• To qualify for this offer, open a Chase BusinessClassicSM Checking, BusinessClassicSM Checking with Interest, Chase Advanced BusinessCheckingSM, Advanced Business CheckingSM with Interest, Commercial Checking, Commercial Checking with Interest, or Chase BusinessPlus® Extra Checking account 
• Account opening and award of premium are subject to approval (interest bearing accounts available only to sole proprietorships, non-profit organizations, and government entities). 
• Limit one business checking account-related premium per customer per calendar year. Chase reserves the right to withdraw this offer at any time without notice. 
• Attempts to earn multiple premiums may be voided by Chase, at its discretion. 
• Offer not available on account conversions or in combination with any other offer and is non-transferable. 
• Employees of JPMorgan Chase Bank, N.A. and our affiliates are not eligible. 
• Cash premium will be deposited automatically into your checking account within 10 business days after the minimum deposit requirement is met. 
• Cash bonus may be considered interest reportable on IRS Form 1099-INT.

Chase Bank extends Checking Account Bonus until end of year

Chase Bank has extended it’s infamous $100 checking account bonus until the end of 2009. From now until December 31, 2009 anyone who opens a new chase bank checking account is eligible to get this cash bonus!

Thanks to BankVibe reader Cari for giving us the heads up!

To qualify for the bonus you must open a new Chase Checking SM account with a $100 minimum deposit of new money (money not currently held by Chase or its affiliates). Also, within 60 days of account opening you must initiate a monthly direct deposit which includes payroll, pension, Social Security or other government benefits, or make five debit card purchases. The bonus will be automatically deposited into your new account within 10 business days after the initial direct deposit or five debit card purchases have posted to your account. Bonus is not considered part of minimum opening deposit. Limit one checking account-related reward/premium per customer, per calendar year. Offer not available on account conversions or in combination with any other offer. Offer not available to existing Chase checking customers. Employees of JPMorgan Chase Bank, N.A. and our affiliates are not eligible. 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 form 1099-INT.

Chase Bank’s “Sapphire” Credit Card Review

Chase Bank has been relentlessly releasing new products and promotions lately, perhaps in an attempt to supplement their recent Washington Mutual acquisition.

It seems like BankVibe has been reporting on new Chase bank promotions every few days.

The latest from Chase bank is a new credit card called the “Sapphire Card” and comes with a number of notable rewards and benefits.

Chase Bank claims this card, unlike other credit card options, “rewards without expiration dates, black out dates or limits to what you can earn.”

Sapphire Credit Card rewards and benefits:

(as seen on their website)

• one point for every dollar you spend on the card
• double the points on airfare purchased through their “Travel Booking Tool”
• Up to 10 bonus points per dollar when you shop online at over 300 of your favorite merchants featured at the Ultimate Rewards Mall
• no annual fee PLUS 10,000 bonus points after your first qualifying purchase

APR associated with the Chase Sapphire Credit Card:

Applicants with good credit scores can expect a low 10.24% standard APR. That’s about what most people can expect from a standard credit card without a rewards program. Given that competing rewards cards charge APRs of as high as 14%, the Chase Sapphire card’s APR stands out as one of the better options in the category.

The Chase Sapphire card also offers members the comparatively advantageous APR on cash advances. At 19.24% (plus fees), Chase’s fees for cash advances beat out the competition (although we would always recommend avoiding cash advances with credit cards when possible). Chase charges a highly inflated default APR. With a 29.99% APR for defaulted accounts, you’ll, needless to say, want to get your payments in ON-TIME.

Chase Bank’s “Commuter Cash” Promotion: $50

How many bank bonuses can Chase bank issue in a single month?

Once again Chase bank is offering an opportunity for new and existing customers to secure themselves some extra cash. Thanks to BankVibe reader Eric for submitting this promo over the weekend!

…So here is the scoop:

As of September 1, 2009, Chase is offering New York City commuters a chance to get $50 cash dropped into their checking account after a few qualifying purchases are made. Essentially this promo functions the same way as any cash back credit card would in that you purchase certain items which the bank has approved as “eligible” items for cash back. Then at the end of the month the bank will issue you a percentage of the overall amount spent (in this case up to $50) on the eligible purchases.

With this promotion Chase will give you $50 cash back on typical New York City-esque expenditures such as taxi cabs, New Jersey transit fares, etc.

Here are the eligible items or expenditures for this cash back promo:

-MetroCard Vending Machines, for EasyPayXpress™ MetroCard refills, LIRR, Metro-North, PATH and NJ TRANSIT fare purchases, and payments made at New York City Yellow Cabs.

Here is how you set it up:

1. Enroll your Chase debit and/or credit card by November 15, 2009.
2. Transactions made at MetroCard Vending Machines, for EasyPayXpress MetroCard refills, LIRR, Metro-North, PATH and NJ TRANSIT fare purchases, and payments made at New York City Yellow Cabs are all eligible.
3. The cash award (maximum of $50) will be automatically posted as a statement credit to your enrolled credit card, or to the Chase checking account linked to the enrolled debit card by December 15, 2009.

Visit their promo page for more details.

Chase “Freedom” Credit Card: unlimited cash back

Chase Bank keeps rolling out the promotional offers! This one comes in the form of a cash back credit card with $50 cash back after your first purchase AND a 0% intro APR period.

Chase Freedom Credit Card Perks:

• Always earn 1% cash back on every single purchase you make. No spending tiers or earning caps and the cash back allowances will never expire!
• Earn up to 20% cash back with select merchants if you use your Chase credit card online. On top of this, Chase bank will allow 3% cash back on essential “every day items.” They will rotate this offer based on categories, so one month you might be able to earn 3% cash back every time you purchase gas, or another month you will earn 3% on all food expenditures at grocery stores, etc. Other categories include home improvements and department stores.
• Instantly earn $50 cash back after your first purchase!

Terms and Conditions:

(as seen on the promo page)

¹ Receive $50 Cash Back after first purchase
You will receive $50 in bonus rebates with this bonus offer, which can be redeemed for a $50 check. You will qualify for and receive your bonus after your first purchase/first use of the card. First purchase/first use includes purchases, balance transfers, or any checks that are used to access your account, and excludes cash advances. After qualifying, please allow 6 to 8 weeks for bonus rebates to post to your account. This one-time bonus offer is valid only for first-time cardmembers with new accounts. Existing cardmembers/accounts are not eligible for this bonus offer.

² 1% Cash Back
Cash Back Rewards described in this offer is a form of rebates subject to the Rewards Program Rules and Regulations; see Earning Rewards section. Restrictions and limitations apply. You will earn a 1% rebate for each $1 of net purchases. You will earn an additional 1% rebate for each $1 of eligible airfare net purchases made online through the program booking tool. You do not earn rebates on balance transfers, cash advances, cash-like charges such as travelers checks, foreign currency, and money orders, any checks that are used to access your account, overdraft advances, interest, unauthorized or fraudulent charges, or fees of any kind, including fees for products that protect or insure the balances of your account. There is no maximum number of rebates that you can accumulate in the program. A service fee of up to $20 per ticket may be charged for the use of our toll-free number to book or change airline itineraries. Redemptions made online do not have a service fee. See Rewards Program Rules and Regulations which will be mailed after your account is established.

³ Earn Up to 10% Cash Back-even up to 20% at select merchants — when you shop online through Chase
To use the Ultimate Rewards Mall, you must log into your account at www.chase.com. Participating merchants and offers are subject to change without notice. Complete Ultimate Rewards Mall details will be provided online prior to shopping.

⁴ 3% Cash Back in rotating categories
You will be eligible for quarterly bonus rewards offers as long as (i) your account is not in default under, and/or you have not violated, the terms of your Cardmember Agreement and Rewards Program Rules and Regulations, and (ii) your statements are sent to a US address.

⁵ 0% Intro APR
Length of your introductory period will be either 12 billing cycles from account opening for purchases or 6 billing cycles from account opening for purchases depending on our review of your application and credit history. APR is valid for introductory period so long as you comply with the terms of your account. Also, we apply payments to introductory balances before balances with higher APRs. This means that the length of your introductory period may vary based on your payment amounts and the APRs for other balances on your account. Learn more about rates, fees, and other cost information by reviewing

Set up online bill payment and receive a $20 bonus from Chase Bank

Here is a nice bank bonus from Chase Bank. Thanks to BankVibe reader Brent for sending this one in!

Chase Bank is offering it’s customers (and potential customers) a win, win scenario. As of this month if you set up automatic bill payments they will drop $20 into your account. Most banks and credit unions are trying to push/coerce their members and customers into “going green” by eliminating the paper involved with monthly bank statements.

Setting up online bill pay allows you to not only cut out needless paper waste, but also helps you keep track of your statement and ensures timely bill pay.

Here is what you need to do:

1. Enroll your Chase or Wamu debit card into this promotion.
2. Contact your qualifying service providers (Telephone, Cable/Satellite TV, Insurance and Utilities) to sign up for automatic bill payments with your Chase Debit Card by September 30, 2009.
3. Get up to $20 deposited into your Chase account.

Terms and Conditions:

This is an exclusive offer and is by invitation only. You must enroll your Chase or WaMu Debit Card by September 30, 2009 in order to qualify for this promotion. After enrolling your debit card you will earn $10 (up to $20) for each new automatic bill payment that is set up in the following service provider categories: Phone, Cable/Satellite TV, Insurance and Utilities. Utility categories include electric, water/sewage, trash service and gas. Automatic bill payments of $25 or more each must be deducted from your checking account by October 31, 2009. Only one cash award per customer. All automatic bill payments must be set up with the same enrolled Chase or WaMu Debit Card to be eligible for this promotion.

Your cash award will be automatically deposited into your checking account linked to your enrolled debit card no later than November 30, 2009. Your checking account must be open and in good standing at time of fulfillment.

Chase doesn’t charge a fee for the convenience of bill payment and most service providers offer this option free as well. Contact your service providers directly to determine if they charge a fee.

If you have any questions call this number: (888) 470-6540