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The Chase $100 Checking Bonus Is Back

Chase is once again offering new customers a $100 bonus for opening a checking account.

It reprises this deal every few months and generates a lot of interest every time we write about it.

But these checking account bonuses invariably result in many negative comments about Chase’s service, too.

The current offer expires Nov. 30, 2010 and you must have a payroll or pension check directly deposited into the account to qualify for the bonus. (That will also allow you to avoid the $6 monthly service fee.)

The $100 bonus is credited to your account within 10 days of Chase receiving your first direct deposit.

To open an account and qualify for the bonus you’ll need a “coupon code,” but that’s easy to get.

If you apply online, the code is embedded in the application.

If you prefer to open an account at a Chase branch, just go promotion’s Web page and click on “E-Mail My Coupon.” We did that and received our code within 15-seconds. Print it out and take it with you.

We’ve seen many bank bonuses that are harder to get than that. And yet…

Nancy put a comment on our post about a similar Chase bonus back in August that said: “This ‘come-on’ is not worth it. I regret doing it. Their service is terrible all the way around from in-bank to on-line.”

“Don’t use this bank,” she said. “Too big to care.”

Anne sided with her, writing: “I agree that they are too big to care, but I guess that they are not too big to lie.”

“Friends don’t let friends use Chase Bank,” was posted by another unhappy customer.

We know readers are more likely to comment when they’re dissatisfied than when they’re pleased. But Chase gets more than its share of bad reviews from our readers.

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  1. M K said:
    on November 16th at 11:43 pm

    Chase screwed me out of my last $75 promo, and I met the requirements PRECISELY. After several chats, emails, and phone calls, I did what they wanted–and gave up. A letter to their state attorney general’s office, as well as my own–may be forthcoming. No more Chase!