[Expired] Chase $500 Checking and Savings Bonus Publicly Available Online

Deal has expired, view the best current checking bonuses by clicking here.

Update: The $600 offer will be better for most readers, that being said that link isn’t working in some areas and this $500 bonus does seem to be working in some of those areas so we are reposting because of that.

Offer Details

• Maximum bonus amount: $500-$525 ($300 checking & $200 or $225 savings)
• Availability: Nationwide, although usually don’t work unless you have a branch in your state
• Direct deposit required: Yes, no minimum. Click here to view what triggers this bonus.
• Additional requirements: None for checking; $15,000 balance for savings
• Hard/soft pull: Soft
• Credit card funding: Can fund up to $500 with a debit card online (prepaids do not work). Cannot fund with debit or credit in branch.
• Monthly fees: $12, waivable
• Early account termination fee: Bonus taken back if closed within six months
• Expiration date: June 15, 2017 August 7, 2017 September 28th, 2017. November 20th, 2017 January 16th, 2018 April 23rd, 2018. June 14th, 2018 August 6th, 2018 October 13, 2018 January 11th, 2019 (often expires early so don’t leave it to the last minute)

The Offer

Direct link to offer

• Receive a bonus of $300 when you open a Chase Total checking account with $25 or more and have a direct deposit post to the account within 60 days
• Receive a bonus of $200 when you open a Chase savings account and deposit $15,000 or more in new money within 10 business days and maintain a balance of $15,000 for 90 days

Choose ‘Apply Now’ to open now online or enter your email address and Chase will instantly send a unique coupon code which can be used at a Chase branch.

Important Note: There’s a slightly better $225 savings bonus offer, (direct Chase link), also available online. Best course of action is to open separately the $300 checking bonus with this link and the savings account with the $225 link. [There’s also a $150 bonus which only ties up $10,000 of funds.]

The Fine Print

• Valid through 9/28/17. 1/16/18 10/13/18
• Checking offer is not available to existing Chase checking customers. Savings offer is not available to existing Chase savings customers.
• Both offers are not available to those with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance.
• Minimum $25 initial deposit on Chase checking.
• You can receive only one new checking and one new savings account opening related bonus every two years from the last enrollment date and only one bonus per account.
• Bonuses are considered interest and will be reported on IRS Form 1099-INT.
• “Direct deposit must be paycheck, pension or government benefits (such as Social Security) from your employer or the government.”
• Bonuses will appear within 10 business days of meeting the requirements.
• Savings bonus needs $15,000 of new money. The new money cannot be funds held by Chase or its affiliates.

Avoiding Fees

Savings Account

The Chase Savings Account comes with a monthly service fee of $5. Monthly fee is waived with any ONE of the following:

• Keep a minimum daily balance of $300 or more
• Have at least one repeating automatic transfer from your Chase checking account of $25 or more; one time transfers do not qualify
• Have a linked Chase Premier Plus Checking, Chase Premier Platinum Checking, or Chase Private Client Checking account

Checking Account

The Chase Total Checking account comes with a monthly service fee of $10-$12 which is waived if complete any of the following:

• Have monthly direct deposits totaling $500 or more
• Keep a minimum daily balance of $1,500 or more in the checking account
• Keep an average daily balance of $5,000 or more in any combination of qualifying Chase checking, savings and other balances

Early Account Termination Fee

If you close either account within 6 months of account opening, you will forfeit the bonus.

Geographic Availability

In past offers, this online $500 offer has worked even in areas where there is no Chase branches. For some reason, however, t’s not working in all areas. Please share your experiences in the comments below. Being logged into your Chase account might be necessary. We’ve included some data points of it working/not working in specific states – keep in mind sometimes people get it to work in the same state that others can’t so it’s always worth checking.

Datapoints:

• AL:
  • Worked: 1,
  • Didn’t work: 1,
• DC:
  • Worked: 1
• DE:
  • Didn’t work: 1
  • Worked: 1,
• GA
  • Worked: 1, 2,
• HI:
  • Worked: 1,
• IA:
  • Worked: 1,
  • Didn’t work: 1,
• ID:
  • Worked: 1,
• MA:
  • Didn’t work: 1,
  • Worked: 1,
• MD:
  • Didn’t work: 1
  • Worked: 1, 2, 3, 4,
• MN:
  • Worked: 1, 2,
• MO:
  • Worked: 1, 2,
  • Didn’t work: 1,
• NC:
  • Didn’t work: 1
  • Worked: 1, 2,
• NE:
  • Worked: 1, 2,
  • Didn’t work: 1, 2, 3, 4,
• NH:
  • Worked: 1,
• NJ:
  • Worked: 1,
• NM
  • Worked: 1,
• PA:
  • Worked: 1
• SC:
  • Worked: 1,
• TN:
  • Worked: 1, 2,
  • Didn’t work: 1,
• WA:
  • Worked: 1, 2,
• VA:
  • Didn’t work: 1, 2, 3,
  • Worked: 1, 2, 3, 4,

Our Verdict

The $500 checking + savings bonus isn’t usually publicly available, and only recently we’ve been seeing it available for online account opening as well which is awesome. The coupon links sometimes run out so it’s a good idea to do this now or generate a coupon now if you’re considering it.

Important Note: There’s a slightly better $225 savings bonus offer, (direct Chase link), also available online. Best course of action is to open separately the $300 checking bonus with this link and the savings account with the $225 link. [There’s also a $150 bonus which only ties up $10,000 of funds.]

Here’s how to go about getting this $525 bonus:

• Open the checking and savings accounts online or get the coupons and bring it to a Chase branch to open.
• Deposit $25 into the checking and $15,000 into the Savings.
• Get a direct deposit to the Chase checking account. See what has counted for direct deposit in the past here.
• Wait until the Tuesday after completing the requirements for the bonuses to post. (Chase tends to always post the bonus on a Tuesday.) If you don’t receive the bonus, use another direct deposit to try and trigger it.
• Wait 90 days from the date of deposit and transfer over money from savings to checking to bring the balance to $1,500. Then transfer out the remainder of the $15,000 to your regular high-interest savings account, but leave $300 in the Chase savings account. With $1,500 in checking and $300 in savings the account will remain fee-free.
• Wait until 6 months after the opening date before withdrawing funds and closing the accounts.

Chase bank bonuses are from the best bank bonus around. There is no minimum on the direct deposit requirement, it’s easy to keep the account fee free, and the bonuses are a nice chunk of change. If you’ve never completed a bank bonus before, this is a good one to start with. We’ll be adding this bonus into our list of Best Bank Bonuses.

Remember to always check your Chase preapproved credit card offers when visiting a Chase branch; you might even get lucky and end up with a Sapphire Reserve preapproval or an INK preapproval. There is also a $300 business checking bonus you can currently do in branch.

Bonus History

Post was getting very cluttered with all of the updates at the top, so we will just have the most recent update there and then the rest down here.

Update 11 (08/04/18) New link found (thanks reader Yo).

Update 10 (08/02/18): All known links have now expired.

Update 9 (06/11/18): Another working link has been found. YMMV if it works in a state with no branch, see datapoints below and try for yourself. Hat tip to Maximizing Money for the new link. There is a slightly better $225 savings offer available online as well.

Update 8 (05/25/18): Bonus is back, I assume it’ll work in states with no branches again but YMMV. Hat tip to reader @telewatcr

Update 7: Online link dead, if anybody finds a working one let us know in the comments.

Update 6: A reader found a new link for doing the deal online.

Update 5: Online link is no longer working, so it’s now in branch only. You might be able to use this trick to do it online though.

Update 4: This $500 bonus is only working for some, apparently based on geographic location. Click and see if it works for you.

Update 3: Remember, there’s also a $300 savings bonus for $25k deposit available online. Should be possible to do the $300 checking and $300 savings using the separate links.

Update 2: A lot of people are getting the following error:

Congratulations, you’re all set!

It looks like there was a problem applying your coupon, but you can still continue opening your account. Please visit a Chase branch for help.

Others are getting approved without this error so not 100% sure what is going on. Apparently you can avoid this by requesting a coupon and then applying through the link that is sent to your e-mail address. You should also be able to just secure message the code in after the fact instead of having to go into a branch. Another tip here.

Update 02/20/18: There is now a link that allows you to open the account online. Great for anybody who doesn’t live near a branch. Hat tip to reader Jonathan.

Update 01/16/18: Bonus is back and valid through March 3rd, 2018. Hat tip to reader banyue.

Update 01/09/18: Bonus has expired early and is no longer available. We will repost if when we find a working link.

Update: We’re now into 2018, so just reposting this again. I really like to get my Chase checking/savings bonuses out of the way as early as possible so if you’re eligible I’d recommend doing it now. That way if any changes are made at least you’ve done the bonus. In addition $300/$200 is as good as it really gets (sometimes there are $300 savings bonuses but they require a much higher deposit).

Reposting because bonus is back until January 16th, 2018. This is particularly interesting because you’re limited to one bonus per calendar year, this means that people that have already done the bonus in 2017 should sign up for this coupon now and then wait until 2018 before signing up for another bonus. Keep in mind you’re not eligible if your account has been closed in the last 90 days and the original account must have been open for six months otherwise you lose the bonus. If you are in this situation I’d get the coupon now as the links often die early and your coupon will be gone through January 16th, 2018. Hat tip to reader Chhavi

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications