Chase has a new $100 promotional offer for their Chase Free Checking account with Direct Deposit. Usually an ACH transfer from another bank will count, so link it up with one of your other high yield savings accounts such as ING (need a ING Direct referral?) and that should count. The hundred bucks will be deposited 4-6 weeks after your direct deposit.
Quick points to note:
- New money is required,
- Valid through May 31st, 2008
- Account must be open for six months
- No fee if you have a direct deposit or 5+ debit purchases each statement period
T&C’s:
Offer valid through May 31, 2008. A $100 minimum opening deposit of new money (money not currently held by Chase or its affiliates) is required to qualify for the reward. To qualify for the premium, the account must be opened online and initiate a repeating direct deposit such as payroll, pension or Social Security. The first direct deposit must be initiated within 60 calendar days of account opening. The cash bonus will be automatically deposited into your new account within 4 to 6 weeks of the initial direct deposit, but not considered part of the minimum opening deposit. Limit one personal checking account-related award/premium per customer, per calendar year. Offer not available on account conversions or in combination with any other offer. Checking account must remain open for six months or the bonus will be debited from the account at closing. Account is subject to approval. Cash bonus is considered interest and will be reported on IRS Form 1099-INT.
