Every now and then Chase Bank will list a $125 bonus online for opening a checking account. This promotion page provides a unique code that must be used if you apply at a branch or online. The bonus typically requires direct deposit. In my old $125 Chase bonus review
I've updated the post with the new URL and expiration date for this $125 bonus. You have to be logged into your Chase account to see the promo page.
As readers have mentioned, Chase often has $125 bonus coupons at the post office in the change-of-address packet.
And don't forget to keep an eye out for fees. For the standard Chase Checking Account you currently need either a direct deposit of at least $500 or 5 debit card purchases per month to avoid the monthly fee.