15k in saving for 90 days. Ill take that!
Pretty easy to figure out! Good luck!
Here is a link to the DoC post on this bonus.https://www.doctorofcredit.com/targeted-chase-900-checking-savings-bonus/
I got the checking/saving bonus about 10 years ago and it was 300 i think, for both. I have never seen almost $1000 bucks just for opening a stupid checking and savings account. I guess Chase can do that since Dimons salary is like 50 mill a year
But opening and closing credit card is HORRIBLE for you insurance score, so I dont do that as often now.
We used to be able to make $1,000 also each year with opening a checking account and keep the money in for 3 months except for $1 and close the account in 6 months and do it again the next year.
Chase bonuses used to be $1500. They mailed you a post card
and a code to use. I did them until I started to convert to a Roth when that started in 2012 and we moved to town. Don't forget the federal taxes and state taxes if you have them. You will get a 1099. Make sure your payments through out the year are enough or within the law so you get no penalties or interest.
That is why I prefer a credit card bonus, It doesn't count as income for IRMAA now and no federal or state taxes as yet. Every few years when we filled our oil tank I would get 3-4 new credit cards and put $500 on each card until the tank was full and then put the house or car insurance on the card to make sure we hit $500 on the last card to earn the $500 bonus on each card. We had a 2,000 gallon oil tank.
My husband made a wood boiler to help with the cost of oil. Started at 17.9¢ a gallon for our first fill to over $3 a gallon in 10 to 12 years later in the 1980's with the high inflation, and 18.7% home loans and 21% business loans. During some years of the 90's home loans were still in the 8%'s. But we were very lucky to get a contruction loan for 7 1/4%. 70's and had that for 2 years with no payments while we build the house and in 2 years for some reason the loan went down to 6% and we paid it off in 7 years.
Huntington Bank back then required 1 direct deposit for your bonus. They would do 2 trial deposits with a quarter and you had to tell the what the 2 amounts were that added to 25¢. That counted for your direct deposit.
If you have never seen your EWS report you should get it, it is free and you can see all sorts of crap that is documented about you. Ally is the biggest offender as each and every transaction done at Ally is reported to EWS. Yes I do mean every single transaction, no matter how trivial. Transfers between Ally accounts, deposits, withdrawals made to and from Ally and external accounts, etc. Talk about a major invasion of financial privacy. No other bank does this at this level when compared to Ally.
As AI kicks in and gets better and better, it will only get worse fir us "scammers". lol. The banks losing 900 bucks to people who pay nothing back to them in any way is a drop in the bucket, but they will still try to stop it. Ideally, they want you to open a checking and savings, get the 900 bucks, and then turn around pay 10X back to them in NSF, returned checks, overdraws, credit card fee, etc etc etc. Im smarter than that though!
We did not borrow except for our first house and my husband before our marriage when he graduated high school purchased his first new red chevy impala convertible.
After we built our 2nd home we had a 2,000 gallon oil tank. I would watch oil prices and top the tank every 2-6 years depending what the prices were. For several times the oil tank needed to be topped, I would order 2-3 one time 4 new credit cards and if you charged $500 within 3 months they gave you $500, not taxable. The driver would put $500 on each card that I gave him and if we didn't use the other cards I could charge house insurance, auto insurance, groceries etc. If the oil took over the 2 cards that year, and I only had 2 new cards, I could use my 5% off gas credit card. The the oil company I used also delivers to most of the gasoline stations on this side of the state. But my credit score never went down below 810 when I didn't know about the credit score until the late 80's. We again built a new home in 2011 and we finally have natural gas. I know our natural gas is a lot cheaper but I can't compare the cost because my husband built an insulated wood boiler when oil prices got so high in the 80's. When we first filled the 2,000 tank it cost just under $400 with tax and delivery costs. By the 80's, oil had gone from 17.9¢ a gallon to over $3 a gallon. He put the boiler in the garage and it was connected to the oil boiler in the basement. We heated 2400 square feet with 3 zones and another zone in the 1200 square feet in the walk out basement. If the sun was out in the winter and at least 30º one piece of wood would heat the 2 stories all day and I would turn the basement thermostat down to 63. If the water cooled and it got colder outside or a big wind started the oil boiler would take over if enough wood was not in the boiler to satisfy a zone. We had 26 acres of woods and 32 acres of tillable land including the part where the house and lawn and pond was located. We also had a pond the size of a football field and 60 foot deep but it had 7 springs and did not get much over 50º a couple of feet below the surface. My husband was going to put in what he called a swamp system using the pond water for air conditioning and maybe for heating but we had a closed system and he thought if he had a bigger insulated tank in the part of the garage we didn't use we could have the hot water heated using that instead of having a hot water heater, but then he was in a bad auto accident in 1984. Now people for the last few years use furnaces and boilers using well water. I only know one person that has one, but don't know them well enough to ask what their electric and heating bills are for the year to compare. We each have a one story home about the same size. But still I am curious. For gas now for the 2,100 square feet home we have and the walk out basement that is 2,100 square feet with natural gas I am on the budget plan and pay $49 year around for gas with the stove, dryer, and water heater being gas also. We have a different electric company. This house has 6 inch walls and I am the only house near me that still has snow on the roof. I think the attic has R54 in it. But have lived in the house since 2011 and surely the insulation has settled. The sun has been out the last few days and it still has not started to melt on the roof. Our wind chill has been well below zero a week ago and I have only shoveled a little and gone out to get the mail. The driveway has been plowed though and still no cement shown. Not sure about the other houses around that I can't see if the snow is off the roofs that I can see. Tomorrow I have to get out so I can check out other roofs.
My sister passed in 2011 and it was 2-3 years maybe 4 before she passed that she and her husband and my husband and I each made $4,500 one year on bank promotions. Chase was one of the best paying ones. We used to get
post cards with a code to open a checking and the 4 of did it. We did it for a few years to help her with her cancer treatments until I found about compassionate illness and she was put on 100% disability and medicare and paid from the day she was diagosed. Most of the promotions we read about on this site.
I like how Chase actually has a "link" you can click on to see the progress of receivng your bonus! Back in the day, you never knew the process along the way, and if you completed al the steps or not. You just hoped for the best lol. Now, it has a checklist of the stuff you need to do for the bonus, and it keeps you informed along the way. Very nice!
If you haven’t already checked out the “Doctor of Credit” write-up of this offer,
there are many hundreds of posts related to others’ experience with it in all the encountered applications and permutations of the rules.
https://www.icij.org/news/2025/01/whistleblower-accuses-jpmorgan-chase-of-violating-cash-reserve-rules-meant-to-protect-the-financial-system/?utm_source=ICIJ&utm_campaign=c7d759cbc3-2025.01.22.Newsletter_COPY_01&utm_medium=email&utm_term=0_992ecfdbb2-c7d759cbc3-83577762&mc_cid=c7d759cbc3
"2) Deposit a total of $15,000 or more in new money into the new savings account within 30 days of coupon enrollment; AND 3) Maintain at least a $15,000 balance for 90 days from the coupon enrollment."
https://account.chase.com/consumer/banking/checkingandsavingsoffer
Funny story, my friend used to even open the credit cards for big sign on bonuses but he was single so he couldnt actually "spend $4000 in the first 3 months" because he just didnt have that many expenses. So, he would buy a $4000 item, wait a week and return it. Chase still paid the bonus!! Which is surprising because they have the best tech in the business so you would think their system would recognize a purchase and a return on the billing cycle.
It also was Chase that had the 5% off everything credit card when we built this house in 2010 and 2011 when everything was on clearance and marked down to get the economy moving after the banking crash and we each got a credit card.
When we did the checking and saving it was also for $15,000. and the bonus was $1.500 for each of us. Can't remember what the bonus was with the 5% off credit cards. But I also remember each getting $50 checks being mailed monthly that we used on the card before the bill was due. We did it also to help my sister with her cancer treatments and the 4 of us earned $4500 one year. The credit cards bonuses are the only ones that were not taxed.
If I do any now I do only credit cards. If I do it I try to do it when I can charge my house and car insurance and umbrella policy and pay it off. It is getting harder to carge large amounts now that am older and don't need or want much. We haven't had a monthly payment since 1980 when out 2nd house was paid off.
After my husband passed and the law changed so that I could convert to a Roth I no longer do the ones that are taxed because of IRMAA.
A few years ago after I stopped doing Chase, they stopped coming. When they came after I stopped doing them for about 4 years I gave them to my friend and her husband and they each did it. Now he has passed and she has arthritis and was in an electric wheelchair and now has dementia is in a nursing home, bedridden and doesn't know me.
https://account.chase.com/consumer/banking/checkingandsavingsoffer
Have most here been successful applying for this?