Update 7/31/24: Inbox dollars is now offering $415 from 7/31 to 8/31. Hat tip to JD (Swagbucks/MP are up to $390-$406)
Update 6/7/24: Swagbucks/MyPoints is up to $310-$350 now (ht PeteyPablo)
Offer at a glance
- Maximum bonus amount: $155-$182
- Availability: Nationwide
- Direct deposit required: Yes, $200+
- Additional requirements: None
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: None listed
Contents
The Offer
- Chime is offering a bonus of $155 when you sign up for a new account and receive two consecutive direct deposits, each of $200 or higher. MyPoints also has the same offer for 29,000 points (worth $182 or more).
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees to worry about
Early Account Termination Fee
Unsure if there is an early account termination fee or not
Our Verdict
If the referral + Swagbucks stack works this is a nice deal and available nationwide.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- 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
- Bank Bonus Posting Times
Post history:
- Update 12/3/23: Swagbucks is up to 25,000 ($250) now
- Update 10/17/23: Swagbucks is up to $245 now, and similar on MyPoints. (Referral is down to $100. Some people were trying to stack the Swagbucks + referral, I’m not sure if that’s working.)
- Update 9/7/23: Referral bonus is now up to $200 for the new member (and the referrer gets $100). (FM reports you might have to try the referral link in a few browsers to find the $200 offer.) NO REQUESTS OR OFFERS FOR REFERRALS IN THE COMMENTS. It might be possible to stack a referral bonus together with the Swagbucks $155/MP $182 bonus – details here. That would make it possible for the new member to earn currently $355-$378 altogether, aside from the $100 the referrer will earn. (ht Matt F and uscreditcardstrategy)
- Update 6/27/23: Increased again slightly up to 25,550 SB or 43,350 MP, that’s $255 from Swagbucks or around $273-$286 from MyPoints. (ht Tim L) It might be possible to stack a referral bonus on top of that – details here. NO REQUESTS OR OFFERS FOR REFERRALS IN THE COMMENTS.
- Update 6/13/23: Increased now up to 23,000 SB or 39,100 MP, that’s $230 from Swagbucks or around $247-$258 from MyPoints. We haven’t seen the bonus this high in many months, though it has been higher at some points in the past. (ht usdailyrewards)
- Update 2/16/23: Down to 17,000 SB on Swagbucks / 25,000 MyPoints
- Update 10/30/22: Down to $200 on Swagbucks and 38,000 MyPoints (worth $240-$250)
- Update 6/1/22: Back down to 25,000 ($250) on Swagbucks and 44,000 ($270-$290) on MyPoints.
- Update 5/1/22: Back at $300 on Swagbucks (see also this comment for possible stack)
- Update 4/16/22: Back down to $250 – $290.
- Update 3/10/22: Now $300 on Swagbucks and 50,000 ($315-$330) on MyPoints.
- Update 2/2/2: Extended until 2/28/22
- Update 1/6/22: $250-$290 valid until 1/31/22.
- Update 11/2/21: $250/$290 deals have been extended through
November 2021?? - Update 8/18/21: Deal is up to 25,000 ($250) on Swagbucks and 44,000 (around $290) on MyPoints. Hat tip to reader Andy
- Update 7/3/21: Back again at 15,000 Swagbucks ($150) and 26,000 MyPoints ($165).
- Update 12/1/20: Now 15,000 Swagbucks worth $150. (Hat tip to reader vc), MyPoints is slightly higher at 26,000 which is worth around $165. (Hat tip to reader Andrew)
- Update 11/6/20: Deal is back and valid until 11/30 hat tip to Johnnie Dough.
Just signed up for the offer via Swagbucks. Is there anything that precludes one from signing up for the Mypoints offer separately down the road? I’d wait until after I get the bonus from swagbucks and close chime, but I didn’t see anything in the fine print that would make this impossible. Assuming the deal was still around then of course.
Not seeing this in InboxDollars. Has it expired?
Opened 10/31 thru swagbucks
11/1 – Test $5 Chase Push(coded as transfer, likely because instant)
11/3 – Chase external acct verification transactions
SB pending activity for 6000
11/5 – $205 Chase Checking Push (coded deposit, “transfer note: “payroll direct deposit”))
11/6 – $204 Chase Checking Push (coded deposit, ” “)
(realized DoC DPs stated chase checking does not work)
11/13 – $205 real payroll DD
11/18 – SB updated 41000, award date 12/1 expected
unsure if this means Chase checking counted since bonus required 2×20)+DD’s
When I did my inbox dollars started pending from only the first “DD”, seen other examples as well. Unsure if they would stop pending before the 30 days if you didn’t do the second deposit, for me I just did another “DD” to be safe.
Does anyone know how long it takes for Swagbucks activity to appear as pending after completing the direct deposit requirements? I did my second real direct deposit on 11/7, but still don’t show the rewards as pending on Swagbucks.
Did you setup the dd through the chime app where it says have chime do it for you?
No, I did it through my company’s website
Chase Biz pay showed up as DD in my Chime APP, but mypoint rewards did not get update. How long does it take for the rewards show up after DD?
mine is 30 days after account opening fyr
How does mypoints/swagbucks track the dd?
the first dd is required to come within 30 days for mypoints offer.
I stacked Chime referral with Inbox Dollars and learned the hard lesson that this disqualifies getting the Inbox Dollars $400. What’s worse is that I referred bunch of friends and was very happy that both sides were getting $100!!! I think this is also true for SB and MP
Seeing $365 on inbox dollars now
just sharing my experience .. Chime is very strict in accepting incoming ACH or Direct Deposit. I used my spouse Fidelity and Direct Deposit and both cases Chime reject the incoming money.
me too. try to DD my salary to wife’s account and got rejected.
Declined? or just didn’t count as DD?
I closed a Chime account in 2021 and now just got denied twice on the first application step. I used the same email and name. No idea why this would happen.