Free is good. Free money is even better! Starting 9/1/2007, you can earn a total of $175 in free money from Chase.
$125 for opening a free Chase checking account (with direct deposit)
You can use the codes 2971704722166780 or 2971704722166760 either online or in-branch for a $100 bonus when opening a free checking account with a minimum $100 deposit. The codes are valid 9/1 through 11/30/2007. Additionally, use the bonus code 3032712013319022 for an additional $25 bonus. Also, according to the folks at FatWallet if you deposit at least $500 in the account you get 2 free US Open tickets. Make sure you request a Visa check card to take advantage of…
$50 bonus when you make $500 in purchases on your Visa Check card
Simply make $500 in purchases on your Chase Visa Check card between 8/1 and 10/15/2007 and get a $50 bonus. To qualify, the purchases must not be PIN-based and you must register here. As an FYI, any purchases you make during the promotional period count towards your $500 target, regardless of when during the promotion you register. You should be able to take advantage of this on new accounts or existing accounts, as long as you have a Visa check card.
A few points to remember:
- To avoid fees on the account, you must have “direct deposit”. If you can’t do direct deposit through your employer, usually just initiating a transfer from another account (ING, Emigrant Direct, etc.) or even initiating a transfer through PayPal will be good enough to avoid the fee.
- You must keep the account open at least 6 months, or they will deduct the account opening bonus at closing.
- The bonus payments are reported as interest income on the Form 1099-INT at the end of the year, so remember you’ll have to give the blood-sucking IRS their share.