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Checking Account Bonuses at WaMu and Chase Branches

POSTED ON BY

Chase Manhattan Bank
Chase and WaMu branches are having a President's Day promotion in which they'll reward new customers $100 for opening a checking account on Monday (2/16/09) with direct deposit. Minimum opening deposit is $100. This special doesn't seem to be listed at Chase or WaMu websites. A reader emailed me info on this, and I called my local Texas branch on Friday to verify. I've also seen this mentioned for Chase in the Chicago area, so it appears to be a promotion at all Chase and WaMu branches. Make sure you confirm this with your local branch.

Unlike previous WaMu promotions and Chase promotions, this one doesn't require a coupon or a code. However, it does require a branch visit, and it's only available for Monday. Last year there were several times when Chase was offering a $125 for opening a checking account.

Even though WaMu is now part of Chase, branches have not yet been combined. I was told that Chase customers are eligible for this WaMu checking account promo, and vice versa. For Texas, branches are not scheduled to merge until July 2009.

$200 Bonus for Chase Business Checking Account

Chase is also offering $200 for opening a business checking account with a minimum deposit of $500. Here's the link to the promotional page. Offer expires 3/28/09. This appears to be the same promotion that Chase was offering last year. Refer to my 2008 post for a full review of this bonus and Chase business checking accounts.

  Tags: Chase Manhattan Bank, checking account

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Comments
21 Comments.
Comment #1 by Anonymous posted on
Anonymous
I have two Chase credit cards: A Sony Card and a regular no-name account. The last monthly statement for both accounts contained a $125 coupon for opening a Chase checking account with direct deposit.

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Comment #2 by Anonymous posted on
Anonymous
The direct deposit must be from employment, SS or other certified regular income like from retirement.
No exceptions, those are the words from a CSR.

1
Comment #3 by Anonymous posted on
Anonymous
must be a tough promotion to collect on since banks are closed Monday.

1
Comment #4 by Anonymous posted on
Anonymous
wamu isn't closed on Monday. The usual president's day notice posted outside the branch actually says they'll be open. I wondered why, and now I know.

1
Comment #5 by Anonymous posted on
Anonymous
Chase branches in Kentucky are open tomorrow too. There was an article in the paper last week that states all Chase branches will be operating normal hours.

1
Comment #6 by Anonymous posted on
Anonymous
I recvd a promo in the mail from WaMu last week for $100. Went and opened the free checking acct with $100 minimum. They said I should receive the $100 bonus within 12 weeks after which I'll close the acct. Had to go to WaMu.

1
Comment #7 by Anonymous posted on
Anonymous
anyone need a referral email me at nativeapache@gmail.com for a Chase account. It's an extra $25, just be nice to the rep when opening your account and they will usually stack it with the $100 though I am not sure if they are supposed to but I have always been able too.

1
Comment #8 by Anonymous posted on
Anonymous
What type of paperwork banks send you to use with your taxes for these promotions? I received 2 bonuses last year from Citibank and BoA and I haven't received any tax document yet. Are these reported to IRS?

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Comment #9 by Anonymous posted on
Anonymous
In Dec I got a mailing for a $100 promotion with Wamu. I went to the branch, found out I had to open a savings account with it. It has a minimum, but the associate opening the account told me with a $5 monthly automatic transfer from the checking to the savings, the minimum fee would be waived. But, I have a service charge on the savings for January. I looked at the record for the checking, and there is an automatic transfer for Dec 31, and Feb 2. But, none for January. Why didn't they do the automatic transfer on Jan 30? I don't know, now I have to spend my time following up with customer service.
On the positive side, I got my $100 promo in 29 days. But ... late January, I got a similar mailing to the one from Dec, but the fine print says you have to set up direct deposit to the checking. I don't recall that from my original mailing, and the branch took the coupon, so I have no way to check the original agreement.

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Comment #10 by Anonymous posted on
Anonymous
I visited a Chase branch recently with a couple of bonus offers (a $100 offer for checking w/ DD and a $75 one for savings with min of $2000). I had a checking account with them, but the checking offer said it was limited to one offer per customer per calendar year, which sounded like I could use it as long as I didn't so far this year. I said I wanted to use both, but the representative I spoke to said I could only redeem one of them, so I figured the checking offer is clearly the better, and asked her if I could use that.
Then I realized that the branch manager was breathing down my neck from behind as I spoke with her. The rep left me saying she needed to get something from the main office, but in five minutes it was the branch manager that came back and sat in the rep's chair in an arrogant posture, asking me "what are you going to use another checking account for?" Realizing instantly that he's going to treat me like a piece of garbage, I said plainly that I was just drawn to the bonus, and as expected, he triumphantly said "I can't open a checking account for you." I said if the checking offer was not good for me, I was to still use the savings account offer, but his manner was so rude and disgusting I didn't want to talk to him any more, and got out of there. Later on, I found that he added a comment in my account history to the effect that I tried to manipulate the system. This is a story that there are smart managers out there who think they prevent worthless customers from abusing their sincere marketing offers.

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Comment #11 by Anonymous posted on
Anonymous
What is the minimum direct deposit?

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Comment #12 by Chintan Ganatra (anonymous) posted on
Chintan Ganatra
I visited my local chase bak and got a checking account with a $100 bonus. However, there is one thing to be noted and that is:
They have stopped issuing referral codes to new customers.

This means that you no longer can refer your friends and earn $25. The banker said this change was done since last week. Hence, I only got $100 though I had a friend's referral code (my friend got $25 still). But in future, forget about earning $25 bonuses...

Can anyone else confirm the same please?
Chintan Ganatra

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Comment #13 by Anonymous posted on
Anonymous
i opened the wamu checking today, but it requires DD to get the $100, i already used my DD for another bank.
is there any way to trigger the bonus with paypal,etrade, or other ACH?

1
Comment #14 by Anonymous posted on
Anonymous
$5 service charge follow up - there was a link to send a message directly from the $5 service charge transaction from my online account. They've replied and refunded the service charge. I have to say the contact was very convenient and easy. As for the rep who opened my account, he was very polite, professional, and nice. Because of this, I'm happy with Wamu. Initially I went for the bonus, but this experience has made me a happy customer.

1
Comment #15 by Anonymous posted on
Anonymous
Yes, sorry I mentioned earlier to email me for a friend referral, I found out they don't do it anymore. Got an email saying they discontinued the program on February 10. I guess they figured they wouldn't have to anymore with all the banks their swallowing up as a new one fails each week!

1
Comment #16 by Anonymous posted on
Anonymous
Don't believe Chase's promotions for _on-line_ applications ($150, $100, etc.) (Maybe a branch visit will work, I don't know.) This week I did everything necessary to open an acount on line, and it declined me simply with reference to my credit report, saying I should go to a branch to try to open a different account.

I have a perfect 9 years as an active Chase VISA customer and had no negative mark on my credit report for years. While it is theoretically posssible that I am suddenly no longer qualified to open a checking account, the fact is that this year three other banks were happy to open checking accounts for me as a new banking customer on-line (with mail and phone followup).

I called Chase, and two supervisors insisted that neither they nor anyone else could address this on the phone, and that a branch visit would be required.

I have no intention of going hat-in-hand to a branch at this point and possibly or likely throwing more good time after bad. It's true that I mainly wanted the account for the $150 offered PLUS to manage a Washington Mutual CD that may be at Chase by the time it matures; but the nearby WAMU branch could very well make me a more active customer.

It looks like Chase just wants to get people into branches to more selectively market their promo or non-promo account0s at their discretion.

I think this promo for an on-line application was just a come-on to collect some of the best (for Chase) applicants (congratulations if you are one of them!) and to steer other perfectly qualified customers (like me) to a branch preferably (for Chase) to open an account with no promo bonus.

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Comment #17 by David (anonymous) posted on
David
Can you close your existing account and then reopen another one to get this bonus? I recently moved and got the standard $100 bonus offer for opening a new account recently.

1
Comment #18 by Anonymous posted on
Anonymous
Regarding the WaMu Service Charge. I also got a service charge without the refund after having an account for with them for a year. I called up and found out that the service charge was set up to be taken out the on the 2nd business day of the month and because there was no automatic transfer that business cycle there was no refund. My automatic transfer had been set up for the same day and because of the holiday they did match up. Long story short--Watch out for Wamu's bizarre dating system. They don't have cycles ending at the end of the month like every other bank I've dealt with.

1
Comment #19 by Anonymous posted on
Anonymous
I've received several promotional mailing from WaMu/Chase over the past couple of weeks. I recently opened one (with no direct deposit requirements) to get a $100 bonus, and the next day I received an advertisement for a $125 bonus for opening a WaMu free checking account ($100 minimum opening balance) with direct deposit (which must begin within 60 days of opening an account). It says you can open an account online (free.wamu.com) using promo code 6477-ADHV-6210 (offer ends 4/30/2009).

1
Comment #20 by Anonymous posted on
Anonymous
Every promo code is unique. Watch out if using somebody's code, they will not give you the bonus after computer match is done.

1
Comment #21 by Fumio (anonymous) posted on
Fumio
I opened WaMu checking account end of 2008 with $100 bonus promotion. There was only a requirement of initial $100 when open. I waited six months, calling customer service and sending e-mail. However, they sent me a letter saying that they cannot give me that bonus unless I verify the promo code. I had already lost the promo print out.
I tried another one, $125 with direct deposit. I opened at the branch so that I would not lose the bonus. My $125 came in along with first $100! Yay! Chase merged WaMu and they seem like confused.
My husband also tried $100 with 5+ ATM purchase. The bonus came in the next day of his 5th purchase.

1