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Doctor of Credit is reporting a new $300 sign up bonus for opening a Chase Premier Checking account online and setting up direct deposit within 60 days of account opening. This offer should be available nationwide in states that have Chase branches. This offer is best suited to those who do not live near a Chase branch since it can be opened online. There is sometimes a better bonus of $500 total for opening a Total Checking account and a savings account, but that offer is in-branch only (and the most recent one just ended).
Note that the minimum requirements for avoiding the monthly fee are a minimum balance of $15,000 or automatic payments made to your linked Chase mortgage account, but Doctor of Credit reports that may be possible to downgrade to a Total Checking account (with a minimum balance of $1500) after receiving your bonus. This account must be open for at least 6 months to avoid an early termination fee.
This offer is not available for existing Chase checking customers. From the offer terms:
Offer not available to existing Chase checking customers, those with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance.
For more terms and details, check out this Doctor of Credit post.
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[…] Get $300 Bonus with Chase Premier Checking: Not the highest-ever bonus on opening a Chase account, but the fact that this one can be done online will appeal to those who do not live near a brand. (Expires 4/16/17) […]
[…] Get $300 Bonus with Chase Premier Checking: Not the highest-ever bonus on opening a Chase account, but the fact that this one can be done online will appeal to those who do not live near a brand. (Expires 4/16/17) […]
[…] Get $300 Bonus with Chase Premier Checking: Not the highest-ever bonus on opening a Chase account, but the fact that this one can be done online will appeal to those who do not live near a brand. (Expires 4/16/17) […]
I tried this and when I entered my zip code I got a message saying that the offer wasn’t available in my area. Then, i called Chase and the rep confirmed that it was because we lived in an area where there aren’t Chase branches. Am I doing something wrong?
chase has these bonus offers going all year…the exact one you are talking about is a common valuepack coupon I have one in front of me that expires 4/22/2017 if anyone wants to use the coupon code, go ahead. It is : PY797726427E7M3R this is a one time code so first person gets it. We got $300 for checking (with better terms) and $200 for savings, we also got $500 for business checking…you can do these once a year, but you have to time things where you have the account open for 6 months (so they don’t claw back bonus) and then you can close it. Wait 90 days after closing and as long as it is a new calendar year, you are eligible to get them again.
[…] Get $300 Bonus with Chase Premier Checking: Not the highest-ever bonus on opening a Chase account, but the fact that this one can be done online will appeal to those who do not live near a brand. (Expires 4/16/17) […]
Given that $15,000 is required to get the bonus (I have no mortgage with Chase), that comes to an annual return of 4%, assuming you downgrade after 6 months to a no fee checking account. That’s also taxable income, unlike a credit card bonus. As they say on Shark Tank, “for those reasons, I’m out.”
what about current customers who have the total checking account , are they eligible?
Unfortunately, no. From the offer terms at Doctor of Credit:
“Offer not available to existing Chase checking customers, those with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance.”