Chase Is Paying $900 to Open Two Accounts. The Offer Ends October 14.
Chase is offering $300 for a new Total Checking account, $200 for a new Chase Savings account, and another $400 for opening both. That adds up to $900, and the coupon expires October 14, 2026. The savings half requires parking $15,000 for 90 days, which is the detail most write-ups skip past.
The short version
$300 for checking, $200 for savings, $400 combination bonus, $900 total.
Checking needs one direct deposit within 90 days of coupon enrollment.
Savings needs $15,000 in new money within 30 days, held for 90 days from enrollment.
The coupon expires October 14, 2026.
Each bonus posts within 15 days of you finishing the requirements.
How does the $900 Chase bonus break down?
The Chase $900 checking and savings offer is three separate payouts stacked into one coupon. Chase Total Checking pays $300 once a qualifying direct deposit hits. Chase Savings pays $200 once you deposit $15,000 of new money and keep it there. Doing both triggers a $400 combination bonus on top. Miss either leg and you lose the $400 as well, so the offer is closer to all-or-nothing than the three separate numbers suggest.
Chase's offer terms state that "We'll deposit the bonus in your new account within 15 days" after the requirements are met. Two bonuses, two 15-day clocks. Doctor of Credit has the full terms breakdown.
What counts as a direct deposit?
Chase Total Checking wants an electronic deposit of a paycheck, pension or government benefit from an employer or outside agency. Person-to-person transfers do not count, so Zelle, Venmo and a push from your old bank will not trigger the $300. The terms set no stated dollar floor, though a deposit under $1 is treated as a micro deposit and ignored. Set up payroll for a single full cycle and you are done.
The deposit has to arrive within 90 days of enrolling in the coupon, not within 90 days of opening the account. Those are usually the same day, but not always.
Is the $15,000 savings requirement worth it?
Chase Savings pays a rate near the bottom of the market, so the $15,000 is dead money for three months. A high-yield savings account paying 4% would earn roughly $150 on $15,000 over 90 days. You give that up to collect $600 (the $200 savings bonus plus the $400 combination bonus), so the net gain is about $450 for money you were not going to spend anyway.
Chase's terms also specify that "The new money cannot be funds held by you at Chase or its affiliates." Moving an existing Chase balance into the new savings account does nothing.
If $15,000 is not sitting idle somewhere, take the $300 checking bonus on its own and skip the rest. A forced 90-day lockup of money you need is not worth $600.
Who is shut out of this offer?
The Chase $900 offer excludes anyone who currently holds a Chase checking or savings account, anyone who closed one within the last 90 days, and anyone who closed an account with a negative balance in the last three years. Chase also limits you to one bonus per account type every two years, so a checking bonus collected in 2025 blocks this one.
Worth naming plainly: opening a Chase deposit account does not affect the 5/24 rule, and it does not make card approvals easier or harder. Banking relationship and card underwriting are separate at Chase.
What this means for you
Take the full $900 if you have $15,000 you were leaving in a checking account anyway and a paycheck you can redirect for one cycle. Take the $300 alone if you do not. Either way, enroll in the coupon before October 14, 2026, because the 90-day clocks start at enrollment and give you until January to finish. If you would rather earn travel rewards than cash, our best travel credit cards guide covers the welcome offers that pay more per dollar of effort.
FAQ
When does the Chase $900 checking and savings bonus expire?
The Chase $900 checking and savings coupon expires October 14, 2026. You enroll by that date, then have 90 days from enrollment to finish the direct deposit and savings requirements.
Do you have to keep the Chase accounts open afterward?
Chase requires the accounts to stay open and in good standing until the bonus posts, which happens within 15 days of meeting the requirements. Closing early forfeits the payout.
Does a Chase bank bonus count toward 5/24?
No. The Chase 5/24 rule counts personal credit card accounts opened in the last 24 months. A Chase Total Checking or Chase Savings account is a deposit account and does not appear in that count.
Is the Chase $900 bonus taxable?
Yes. Bank account bonuses are reported as interest income, and Chase issues a 1099-INT for them. A $900 bonus costs roughly $200 in federal tax at a 22% bracket. We are not tax advisors, so check your own situation.
Can you get the checking bonus without the savings bonus?
Yes. The $300 Chase Total Checking bonus stands on its own with a single qualifying direct deposit. You forfeit the $200 savings bonus and the $400 combination bonus by skipping the savings leg.
Before you go
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