Are you eligible? How Americans can claim up to $3,000 in free money—but you must act before July 16!

If you’ve ever dreamed of some more extra cash landing in your bank account—no lottery ticket required—this could be your moment.

Chase Bank is rolling out a limited-time offer that could put up to $3,000 in your pocket, but there’s a catch: you need to act fast, and you’ll need to meet some specific requirements.

Here at The GrayVine, we’re breaking down exactly what you need to know, who qualifies, and how to make the most of this rare opportunity.



What’s the Deal? Chase’s $3,000 Bonus Offer Explained
Chase Bank is offering a hefty cash bonus—up to $3,000—for new Private Client checking account customers.

This isn’t your average sign-up perk; it’s one of the most generous bank bonuses we’ve seen in years. But, as with most good things, there are a few hoops to jump through.

Here’s How It Works:
1. Meet with a Chase Private Client Banker:
You’ll need to schedule an appointment (either in person or virtually) to open a new Chase Private Client checking account.

2. Deposit a Qualifying Amount:
The bonus you receive depends on how much you deposit into your new account (or a combination of eligible Chase checking, savings, or investment accounts):
  • Deposit $150,000–$249,999: Get a $1,000 bonus
  • Deposit $250,000–$499,999: Get a $2,000 bonus
  • Deposit $500,000 or more: Get the full $3,000 bonus


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Qualifying Americans can receive up to a $3,000 bonus from Chase Bank by opening a private client checking account and meeting certain deposit requirements. Image source: Frugal Flyer / Unsplash.



3. Keep Your Money in Place: You must maintain your qualifying balance for at least 90 days. After that, Chase says your bonus will appear in your account within 40 days.

4. Act Before the Deadline: You must open your new account by July 16, 2024 to qualify for this offer.

Who Is This Offer For?
Let’s be honest: this isn’t a “free money for everyone” situation. The requirements are steep, and you’ll need significant savings or investments to qualify.

But if you’ve been considering moving funds, consolidating accounts, or you’re looking for a new banking relationship, this could be a golden opportunity.

Also read: This bank is offering $900 in free money—here’s how to get yours before the deadline



A few things to keep in mind:
  • The offer is for new Chase Private Client checking customers only.
  • You’ll need to transfer new money to Chase (not just shuffle funds between existing Chase accounts).
  • The minimum deposit to qualify for any bonus is $150,000.
What Are the Perks of a Chase Private Client Account?
Beyond the bonus, Chase Private Client accounts come with a suite of benefits designed for high-net-worth customers. These include personalized banking support, exclusive event invitations, higher withdrawal and deposit limits, and reduced fees.



Are There Other Bank Bonuses Out There?
Chase isn’t the only bank offering big incentives right now. Here are a couple of other deals to consider:
  • Chase $900 Bonus: Deposit $15,000 into a qualifying account and meet other requirements by July 16, 2024.
  • Wells Fargo $2,500 Bonus: Deposit $250,000 into a new account (offer expires in May 2024).
  • Citi Bank $300 Bonus: Deposit at least $3,000 into a qualifying account and meet other requirements prior to July 7, 2024.
Read next: Are you missing out on up to $325 in free cash from your bank? See the simple steps to claim yours before July 7!

If you’re shopping around, it’s worth comparing the fine print and seeing which offer best fits your financial situation.

Key Takeaways
  • Qualifying Americans can receive up to a $3,000 bonus from Chase Bank by opening a private client checking account and meeting certain deposit requirements.
  • To be eligible, individuals must meet with a private client banker, deposit at least $150,000 into a qualifying account, and keep the funds there for at least 90 days.
  • The bonus amount varies depending on the deposit: $1,000 for deposits under $250,000, $2,000 for deposits between $250,000 and $499,999, and $3,000 for deposits of $500,000 or more.
  • Accounts must be opened by 16 July to qualify for the offer, and other banks such as Wells Fargo are also offering large bonuses with similar high deposit requirements.

Have you ever switched banks for a sign-up bonus? Are you considering this Chase offer, or do you have questions about whether it’s right for you? Maybe you’ve got tips for making the most of bank promotions, or a cautionary tale to share in the comments below!
 

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News, deals, games, and bargains for Americans over 60. From everyday expenses like groceries and eating out, to electronics, fashion and travel, The GrayVine is all about helping you make your money go further.
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