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Another $100 Checking Account Bonus at Chase Bank


Chase Manhattan Bank
I found another online promo page for a $100 bonus for opening a Chase Free Checking account with direct deposit. Like before, you have to print the coupon and take it to your local Chase branch. A $100 minimum opening deposit is required. The offer ends on 8/31/07.

I had posted on a similar offer in June, but that promo page started forwarding people to Chase's home page a few weeks ago. Hopefully, this new promo page will last longer. One difference I noted in this new promo compared to the old one is that Chase now states the $100 reward will be deposited into your new account within 6-8 weeks after the initial direct deposit. In June, the small print stated it would be deposited in only 10 days after the account was opened.

For those who don't have a Chase Bank nearby, there's a $75 bonus for opening the account online (see post).

Some additional important details that are the same as before include: Chase Free Checking has no monthly service fee when you have a monthly direct deposit. Limit one personal checking account-related reward / premium per customer, per calendar year. Offer not available on account conversions or in combination with any other offer. The first direct deposit must be completed within 60 calendar days of account opening. Checking account must remain open for six months or the reward will be debited from the account at closing. Bonus is considered interest and will be reported on IRS Form 1099-INT.

Some more important info about the free checking account is available at Chase. Without direct deposit, there's a $6/month fee. There's a $2 fee for using non-Chase ATMs (up from $1.50 in November).

About direct deposit, it has been reported in this FW thread that Chase treats transfers from ING Direct and PayPal accounts as direct deposits.

Also note, Chase has been reported to do hard credit pulls (which can slightly ding your credit score). Refer to this FW thread for more info on this.

Chase often has $50 and $75 bonuses for its checking account. The $100 bonus is not as common. You also might see Chase $100 promos in the mail.

  Tags: Chase Manhattan Bank, checking account

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Comment #1 by Brice (anonymous) posted on
You can get yourself an extra $25 by being referred to the bank. If you are going to do this. . drop me an email and I'll get you the details for the extra $25.

Comment #2 by Anonymous posted on
I tried to combine the $25 referral bonus with their last $100 offer. They did not allow me to combine offers.

Just an FYI

Comment #3 by Anonymous posted on

Can you tell us how to get additional $25?

Comment #4 by QuickDegreeInfoAdmin (anonymous) posted on
Someone needs to update the list, here's a new one from Lasalle for $100