Chase Is Offering a Super Easy $300 Bank Account Bonus -- but Time's Running Out to Claim It
KEY POINTS
- The Chase Total Checking® account has a $300 bonus for qualifying new customers until Jan. 22, 2025.
- The bonus requirements are much easier than many other bonuses of a similar size.
- This bonus may not be worth pursuing unless you feel confident that you can regularly waive the account's $12 monthly maintenance fee.
Checking account bonuses are an important tool banks use to attract new customers. Many are worth $100 or more, and seeing a dollar amount like that naturally turns some heads. But not all bank account bonuses are easy to achieve. Some require large deposits or a certain number of debit card transactions. Those who can't meet these requirements don't get the bonus.
It's always refreshing to run across a bonus that's easy to achieve and pretty substantial to boot. Right now, Chase is running a checking account bonus that fits that description perfectly, but you only have a few months left to claim it.
On Chase's Secure Website.
Member FDIC.
Chase Total Checking®
On Chase's Secure Website.
= Best
= Excellent
= Good
= Fair = Poor
= Best
= Excellent
= Good
= Fair = Poor- Largest bank in the U.S. in terms of assets
- More than 15,000 ATMs and 4,700 physical locations
- Wide range of financial products
- User-friendly online and mobile banking tools
- No minimum deposit to open
- Chase Overdraft Assist
- Low APYs on savings accounts and CDs
- $12 monthly maintenance fee waived only with qualifying activity
Chase Total Checking® combines tons of features with superior customer service. It's a safe place to put your money. You can walk into any of thousands of branches and withdraw cash from more than 15,000 ATMs in Chase's network. You can access everything online, too. It's one of the best checking accounts for in-person and over-the-phone customer service.
- New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities
- Access to more than 15,000 Chase ATMs and more than 4,700 branches
- Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
- JPMorgan Chase Bank, N.A. Member FDIC
- Open your account online now
- Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
- Chase Overdraft Assist℠ – no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
*With Chase Overdraft Assist℠, we won't charge an Overdraft Fee if you're overdrawn by $50 or less at the end of the business day OR if you're overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day (you have until 11 PM ET (8 PM PT) to make a deposit or transfer). Chase Overdraft Assist does not require enrollment and comes with eligible Chase checking accounts.
**Monthly service fee is $12, or $0 with one of the following, each monthly statement period:
- Electronic deposits made into this account totaling $500 or more, such as payments from payroll providers or government benefit providers, by using (i) the ACH network, (ii) the Real Time Payment or FedNowSM network, (iii) third party services that facilitate payments to your debit card using the Visa® or Mastercard® network,
- 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.
How to get the $300 Chase Total Checking® account bonus
The Chase Total Checking® account bonus is one of the simplest bank account bonuses available today. To claim it, you must do the following:
- Open an account from this page by Jan. 22, 2025.
- Make direct deposits of at least $500 within the first 90 days of account opening.
That's it. The low direct deposit requirement puts it within reach of pretty much anyone with a steady job, especially since there's no rule about maintaining a certain balance during the bonus period.
Chase deposits the bonus into qualifying customers' accounts within 15 days of checking all the boxes. That's faster than what many other bank account bonuses offer. If you're able to direct deposit funds within a few days of opening the account, you could have your $300 in your account in less than three weeks.
Should you go for the bonus?
While the Chase Total Checking® account bonus is tempting, you have to consider the full picture before deciding whether the account is right for you. One of the most important factors to weigh is the monthly maintenance fee.
You'll pay $12 per month to own the account unless you meet at least one of the following criteria:
- Have at least $500 in electronic payments deposited each month.
- Have a balance of at least $1,500 at the beginning of each day.
- Have an average daily balance of at least $5,000 in any combination of Chase bank accounts.
If you don't think you can consistently meet one of these criteria, the Chase Total Checking® account may not be for you. You might get the $300 bonus, but you'll spend more than that over time just to keep the account.
The Chase Total Checking® account also may not be right for you if you were hoping for a checking account that earns interest. You're better off exploring online checking accounts or high-yield savings accounts if you want to earn money on your savings.
But otherwise, the Chase Total Checking® account is a solid option. Chase has more than 4,700 branches all over the U.S., so you may not have to go too far to find an ATM when you need cash. The account also has a useful Overdraft Assist feature that won't charge you an overdraft fee if you're overdrawn by less than $50 at the end of the day. And you'll get the all-important FDIC insurance and a mobile app to manage your money remotely.
It doesn't hurt to compare the Chase Total Checking® account to a few other options before you decide whether it's right for you. But if you decide to go for the bonus, don't put your application off for too long.
Our Research Expert
Kailey Hagen has been covering personal finance topics, including banks, insurance, and retirement since 2013.
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