physixfan 2021-09-11 2021-09-11 7 Comments
2021.9 Update: Chase used to do checking and savings combo offer. There is a new checking and credit card combo offer now: earn additional $100 if you open a checking account and a CFU together. You will get $225 for checking plus $200 (+5x) for CFU and additional $100 for opening both, that’s $525 in total. Offer expires on 2021.10.04. HT: DoC.
2021.4 Update: The current offer is $225 for checking and nothing for savings.
2020.10 Update: The current offer is $200 checking + $200 savings + additional $100 for both.
Regular use of the account for direct deposits, cashing checks, transferring between banks in the US is fine. For more details, please see “How to avoid getting your account closed by Chase”.
Here is a comparison and contrast on the official website.
Chase is one of the largest banks in America, with a vast network of bank branches and ATMs. As such, owning a Chase Checking Account is a convenient option for many people. In addition, Chase QuickPay is an extremely convenient function, which alone should keep many customers happy with their Chase Checking Account. Regarding the bonus, some people COULD potentially obtain the bonus merely through opening / closing accounts, however, we do not generally recommended continuously opening and closing accounts for the sake of a bonus, even if it is $600. After all, Chase has really great credit card options, like the (Chase Sapphire Preferred link) and the (Chase Freedom link) so it really isn’t worth it to get banned for life from Chase. Please note though, Chase has very strict rules about its Checking Accounts and everyone should avoid using this account for pure cash or large transactions. Please read up on “How to avoid getting your account closed by Chase”. The maximum award is $600, by opening a Checking Account ($300) and a Savings Account ($300). This offer has been there for quite a while, but most of the time it is targeted. It truly is a great bonus, so for those of you who haven’t gotten on board yet, please do so!
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