topic Minimum Direct Deposit For Chase Bonus? in Personal Finance

Minimum Direct Deposit For Chase Bonus?

Anonymous — Sat, 25 Aug 2018 17:16:31 GMT

Hello!

I signed up for a Chase premier checking account, and I need to have a direct deposit made into the account in order to receive the $300 bonus.

Does anyone know if there is a minimum dollar amount that the direct deposit must be?

Thank you!

Re: Minimum Direct Deposit For Chase Bonus?

Anonymous — Sat, 25 Aug 2018 17:24:43 GMT

@Anonymous wrote:
Hello!

I signed up for a Chase premier checking account, and I need to have a direct deposit made into the account in order to receive the $300 bonus.

Does anyone know if there is a minimum dollar amount that the direct deposit must be?

Thank you!

I don't think there's a minimum DD requirement. When I did it, I set up a DD of $250 every two weeks.

Re: Minimum Direct Deposit For Chase Bonus?

Anonymous — Sat, 25 Aug 2018 19:24:17 GMT

There is no minimum and they're not strict on what constitutes a DD, often a simple ACH push will trigger the bonus, here is a list of banks that will work with an ACH push. I did a $300 push from TD, $3 from Synchrony and $200 from Discover Savings, can't tell you exactly which triggered the bonus.

Re: Minimum Direct Deposit For Chase Bonus?

Anonymous — Sun, 26 Aug 2018 04:42:41 GMT

Thank you both for the replies.

And thank you for the link. I had previously seen the DoC link. Unfortunately, I only have Wells Fargo and NFCU in addition to Chase. I did an ACH transfer from NFCU a few days ago, and it shows as a P2P. I don't remember where but I remember reading Chase no longer counts any ACH transfers that code as P2P as a DD.

I am thinking of joining Robinhood so that I can make a transfer back to Chase, as that still appears to code as a DD.

On a sidenote, Chase provides the premier checking to current and former military without the monthly fee.