If you’ve been thinking about opening a new bank account and have a large amount of savings, Chase Bank is now offering a cash bonus of up to $3,000 as part of a limited-time promotion. This offer is linked to their Chase Private Client Checking Account and is available until July 16.
While the bonus is attractive, it comes with some requirements—especially around how much money you deposit and how long you keep it in the account.
How to Qualify for the Bonus
To get this offer, you need to follow these three steps:
- Meet with a Private Client Banker at a Chase branch to discuss opening a Chase Private Client Checking Account.
- Transfer at least $150,000 into a qualifying Chase checking, savings, or wealth management account.
- Keep the money in your account for at least 90 days.
After meeting these conditions, your bonus will be credited within 40 days, according to Chase’s official website.
How Much Money Can You Get?
The amount of the reward depends on how much money you deposit:
- Deposit $150,000 to $249,999 → $1,000 bonus
- Deposit $250,000 to $499,999 → $2,000 bonus
- Deposit $500,000 or more → $3,000 bonus
This means the biggest reward is only available to customers who can deposit half a million dollars or more. While this limits the offer to wealthier individuals, even the lower tiers offer meaningful returns for those with significant savings.
Other Benefits of a Chase Private Client Account
Besides the bonus, becoming a Chase Private Client comes with several exclusive perks, such as:
- Reduced banking fees
- Higher daily limits on withdrawals and transactions
- Access to exclusive events and personal financial advice
- Priority service at branches and on calls
These benefits can be helpful for those managing larger amounts of money or looking for personalised banking services.
Other Bank Promotions You Should Know
Chase isn’t the only bank running special offers right now. Here are a few more options for those looking to earn extra money through banking:
- Chase is offering $900 for new customers who deposit $15,000 and meet certain other requirements. This offer also expires on July 16.
- Wells Fargo is currently offering a $2,500 bonus if you deposit at least $250,000 in a qualifying account. This deal ends in May.
- A “money match” promotion, possibly received by mail, could offer you up to $500 based on your eligibility.
- Bank of America is also providing ways for customers to earn extra rewards, although the exact offers vary by location and account type.
If you’re someone with a large amount of savings and looking to take advantage of banking rewards, Chase’s up to $3,000 bonus might be worth considering. While not everyone may qualify due to the high deposit requirements, those who do can enjoy a combination of cash rewards and premium banking benefits.
Don’t forget—the deadline to open a qualifying Chase Private Client account is July 16, so if you’re interested, it’s best to get started soon. And even if this offer doesn’t suit you, keep an eye on other bank promotions that can help grow your savings without doing much.