[Expires 04/15/2026]
The up to $900 checking and savings bonus from JPMorgan Chase Bank is back, and this version is one of the more generous mainstream bank offers available right now.
If you already planned to move cash or switch primary checking, you should consider it. Keep in mind that the interest is considered income and you will have to pay taxes on it.
You can do this bonus once every two years.
Summary of the deal
Chase currently offers three options. You can earn $300 for opening a new Chase Total Checking account with one direct deposit. You can earn $200 for opening a new Chase Savings account with a $15,000 balance. But if you open both and complete all requirements, you can earn $900.
The combined offer includes an extra $400 bonus on top of the individual checking and savings bonuses. The offer expires on April 15, 2026, and new Chase customers only qualify.
How much to keep and how long
The main requirement is the savings balance. You must keep $15,000 in the Chase Savings account for 90 days. The interest rate is extremely low, so you should not expect meaningful interest earnings.
The checking account has no balance requirement for the bonus itself. Only the qualifying direct deposit matters.
Fees and how to have them waived
Chase Total Checking has a $15 monthly service fee. The fee is waived if you meet any one of the following requirements during each statement period:
- Link the account to a qualifying Chase checking account
- Receive at least $500 in qualifying electronic deposits
- Maintain a daily balance of at least $1,500
- Maintain an average beginning-day balance of $5,000 across eligible Chase deposit or investment accounts
Chase Savings has a $5 monthly service fee. The fee is waived if you meet any one of the following requirements during each statement period:
- Maintain a daily balance of at least $300
- Set up at least $25 in recurring automatic transfers from a Chase checking account
- Link the savings account to a qualifying Chase checking account
- Link the account to a Chase College Checking account with Overdraft Protection
- Have an account owner under age 18
Ironoically, linking the Chase Total checking account will not waive your monthly fee.
Bonus Eligibility and Requirements
This offer is available only to new Chase checking and savings customers. You are not eligible if you currently have the account type, closed a similar account within the last 90 days, or closed an account with a negative balance within the last three years.
You may receive one checking bonus and one savings bonus every two years, based on the last coupon enrollment date. Each coupon is valid for one-time use.
Our take
You earn $900 on $15,000 over three months. That is a 6% return in three months, or an effective 24–26% APY when annualized. Given that the best high-interest savings accounts currently pay around 4% APY, this offer is clearly worth considering.
If you and your partner both complete the offer, the total bonus becomes $1,800. Keep in mind that Chase limits this bonus to once every two years.
As with any bank promotion, you need to be diligent. Excessive bonus-chasing can lead to account shutdowns, and Chase is known to close all accounts when it flags abusive behavior.
