$200 Bonus for Opening New Chase Checking Account Ends Soon

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Via Slickdeals, you can get $200 when you open a new Chase checking account.  The offer expires August 15, 2014.

200 Bonus For Opening New Chase Checking Account Ends Soon

Getting the $200 Bonus Is Almost as Easy as Pie

But there are a few restrictions which I’ll explain.  I’ll also tell you how to use your Chase bank account to get more miles & points for Big Travel with Small Money!

How Do You Get $200 Bonus?

Link:   Chase Checking

You can NOT currently have a Chase checking account or fiduciary account (such as a savings account).  If you previously had a Chase checking account, it must be closed for at least 90 days.

Step 1 – Open a New Chase Total Checking Account

Go to www.chase.com/checking to open a new Chase Total Checking account.  And enter a coupon code in the “Coupon Code” box.

Here’s the list of coupon codes.

200 Bonus For Opening New Chase Checking Account Ends Soon

Enter a Coupon Code Above to Qualify for the $200 Bonus

Note: There are often promotional coupons for sale on ebay but what I like about the coupon codes above is they’re free to use.  And it’s relatively easy to earn the $200 bonus with them!

Step 2 – Deposit $100

Put at least $100 into your new Chase Total Checking account within 10 business days.

Step 3 – Make a Direct Deposit (Or Use AMEX Serve or Bluebird!)

The final step to earning your bonus is to make a direct deposit within 60 days of opening your account.  You could electronically deposit your paycheck or government benefits.  But some folks have reported that transferring funds from their AMEX Serve or Bluebird accounts also qualify!

You should see your $200 bonus in your account within 10 days after completing those 3 steps.

The bonus is considered interest and you’ll have to pay taxes on it.

And you MUST keep the account open for at least 6 months to keep the bonus.

How to Avoid the Service Fees

There are 3 ways to avoid the monthly services fees of between $10 and $12 with a Chase Total Checking account.

  • Make monthly direct deposits of $500 or more
  • Keep a minimum daily balance of at least $1,500
  • Keep an average daily balance of $5,000 or more in your qualifying Chase checking, savings and other balances

If you’re comfortable with it, the easiest way to get the $200 bonus without paying any fees might be to send $1,500 into your account from your AMEX Serve or Bluebird account.  Then leave it there for at least 6 months.

Collecting ~13% interest on your money (before taxes) is a pretty good deal!

200 Bonus For Opening New Chase Checking Account Ends Soon

The Simplest Way to Get the $200 Bonus May Be to Direct Deposit $1,500 From AMEX Serve or Bluebird, Then Leave It in Your Account for at Least 6 Months

And if you want to remove your money, you can close the account after 6 months without a penalty.

A Chase Checking Account Can Give You More Points for Travel

When you have a Chase checking account, you can get a 10% year-end bonus on the points you’ve earned with your Chase Freedom card.  And you can earn lots of Chase Ultimate Rewards points when you use your Chase Freedom card in the quarterly bonus categories.

You can use the Chase Ultimate Rewards points you’ve earned with the Chase Freedom card for cash back.  Or you can transfer them to airline & hotel partners IF you also have a Chase Sapphire Preferred, Chase Ink Bold, or Chase Ink Plus card.

Note: There is currently an offer for 70,000 Chase Ultimate Rewards points when you sign-up for the Chase Ink Plus card in a branch!

Bottom Line

Until August 15, 2014, you can use a coupon code to qualify for a $200 bonus when you open a new Chase checking account.

You can NOT currently have a Chase checking or savings account.  And if you had 1 previously, it must be closed for at least 90 days.

When you have a Chase checking account, you get a 10% year-end bonus on the points you’ve earned with your Chase Freedom card.  That means more cash back, or my favorite…more Big Travel with Small Money!

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21 responses to “$200 Bonus for Opening New Chase Checking Account Ends Soon

  1. Can I still get the offer if Chase Checking is not offered in my state (MA)?

  2. Wondering the same thing. Live in MN and there are no chase branches. Parents live in AZ and I believe chase has branches there. Can I sign up with my parents address?

  3. Is it possible to open a Chase checking account as my second checking account and then use it to open another Amazon Payments account since it would be linked to a separate checking account?

  4. I’m in MD and have struggled with Chase banking for years, I can’t qualify for opening one of their accounts because of my zip. That’s nonsense in this unwired environment. I should be able to bank with anyone, anywhere.

  5. I got a message that the offer isn’t available for my zip code (Eastern PA). C’est la vie.

  6. I have my mortgage with Chase and I’ve been getting the $200 offers for about a year in the mail. Yesterday I got a $300 offer for opening a checking account, or $100 for opening a savings account.

  7. FYI.. The Chase site seems to take issue with things like Ad-Block Plus, Disconnect, etc so try running a browser session free from all of that. I run Chrome and even with that stuff disabled it doesn’t work, I have to run Safari with nothing enabled, then I’m able to use the site without issue..

    Good Luck!

  8. Hi Daraius. I tried filling out the forms and tried using the codes listed on the slickdeals link and kept getting an error message. By my 3rd attempt on a 3rd code, I got a message that “We’re unable to continue with you application online at this time. You can try again later, or our relationship bankers can help you in person at Chase branch near you.” I will try again in a few hours but could I possibly be blocked from applying at all? I still want to try all the remaining codes until one of them, I hope, works lol.

  9. @sl You can sign up for an account in a Chase branch not online. I live in MA and I signed up in a branch in Kentucky on a recent road trip. You can not sign up online with a MA address but there are several locations in Connecticut.

  10. If you planning on driving to a branch, I would buy a coupon code off eBay (costs about $1) and print that out to present to the bank rep. I wouldn’t trust using a code online that could have already been redeemed.

  11. Can you fund this account with a credit card? Has anyone tried that? If yes, what’s the highest amount you have tried?

  12. I was told by the banker that it would be considered a cash advance if you funded the initial deposit with a credit card, so I used cash. Not sure if that’s only true if you use a Chase card or if it was standard across the board.

  13. looks like it will not work for chase credit card holders…

  14. Thanks for the info, worked great!

  15. I recently got a chase ink and have to spend &
    $5000 I three months to get a 50,000 mile bonus. I’m in my third month and wondering if I ask, if they will give me 70,000 bonus points??

  16. Also, you need to allow 3rd Party Cookies when accessing the site.. Just run a stock browser without any mods and you should be fine..

    @Venkata you sure can use the offer if you have a Chase card, I have a number of them NO problem.. In fact Chase encourages you to get an account, the more accounts you have with them the more potential money they can make off of you!

    Also, you may just have better luck with paying for a code, printing it out and going to a branch and creating an account there. As creating online checking accounts with them seems to be problematic and they may suspend online access to all of your accounts, then force you into a branch to create a new account… FYI..

  17. I opened one of these along with the 1st Tennessee one that offers the same $200 bonus. The Chase was a pain in the neck and took several calls in order to confirm the test deposits they made since they didn’t bother to provide a link to the page to do this and it was not easily to locate. Then it takes a couple more days for the initial account to show up and then for the deposit to hit. Guess it is worth it but definitively not a simple and quick process.

  18. How do you use Amex serve to make the direct deposit? None of the payees under the Serve bill pay looks right. Its either for auto finance, consumer lending, credit cards, … Do I actually tell Serve to send Chase a check?

  19. I believe Serve is like Bluebird where you can link a bank account to it, then you just Withdrawal to your Chase account. I did it the other day and the money showed up right away and says it’s an AHC so I think it’ll be good..

    Guess I’ll wait the 10 days and see what happens..

  20. I just received my $200 bonus so that verifies that transferring from BlueBird does in fact count as a direct deposit!

  21. Timmy, did you receive your $200 bonus now after you use your Sever acc as ACH?