The $125 bonus has become fairly common for opening a Chase checking account and adding 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.
There's also a $150 bonus that's intended for Chase Sapphire applicants but appears available to any new Chase checking account customers. Here's the promo link for that offer. It has the same direct deposit requirement as the $125 bonus.Downsides
Beware of checking account fees which are increasing and becoming harder to avoid as I described in this Chase fees and bonus blog post
Also, this thread
has some reasons why you may not want to become a Chase customer.