topic Re: Chase Offers/Finn Checking Customers in Personal Finance

Chase Offers/Finn Checking Customers

Anonymous — Thu, 28 Jun 2018 05:53:32 GMT

Any Finn (by Chase) Checking customers get pre-approvals in branch like a typical chase account? My Finn accounts are listed when I log into my Chase accounts. Just curious since they seem to be seperate yet in some ways they are not.

Btw if anyone is Interestsd in a easy $100 they are easy to open, no Chex, make 10 transactions and then they give you a $100 within 10 days. Oh, you have to have an iPhone and use the app to apply. Android is coming but I think you need to sign up for their waiting list for it.

Re: Chase Offers/Finn Checking Customers

Anonymous — Thu, 28 Jun 2018 13:47:40 GMT

I think regardless whether it's an affiliate bank, you are still building a relationship with Chase and the fact that you are seeing the Finn Accounts when you log into your regular Chase dashboard would mean that they are keeping track of the relationship you have with them, whether it is directly through the parent bank or it's affiliate. I'd say that it would factor into the potential pre-approvals.

On another note. This is an interesting offer. I might open one. I just recently opened their Starbucks prepaid debit Visa (not the credit card) so I can earn SB stars outside of Starbucks purchases.

Re: Chase Offers/Finn Checking Customers

outofcredit — Thu, 28 Jun 2018 19:52:59 GMT

@Anonymous wrote:
Any Finn (by Chase) Checking customers get pre-approvals in branch like a typical chase account? My Finn accounts are listed when I log into my Chase accounts. Just curious since they seem to be seperate yet in some ways they are not.

Btw if anyone is Interestsd in a easy $100 they are easy to open, no Chex, make 10 transactions and then they give you a $100 within 10 days. Oh, you have to have an iPhone and use the app to apply. Android is coming but I think you need to sign up for their waiting list for it.

Is this bonus available if you already have a regular Chase checking account?

Re: Chase Offers/Finn Checking Customers

Anonymous — Fri, 29 Jun 2018 13:32:46 GMT

When you apply, it will ask you if you already have an existing Chase account. The $100 bonus did apply to me, I guess since the only account I have with them is non checking or savings related. But If you already have an existing Chase Checking or Savings, the $100 does not apply anymore. See disclosure below:

@outofcredit wrote:
@Anonymous wrote:
Any Finn (by Chase) Checking customers get pre-approvals in branch like a typical chase account? My Finn accounts are listed when I log into my Chase accounts. Just curious since they seem to be seperate yet in some ways they are not.

Btw if anyone is Interestsd in a easy $100 they are easy to open, no Chex, make 10 transactions and then they give you a $100 within 10 days. Oh, you have to have an iPhone and use the app to apply. Android is coming but I think you need to sign up for their waiting list for it.
Is this bonus available if you already have a regular Chase checking account?

Re: Chase Offers/Finn Checking Customers

outofcredit — Fri, 29 Jun 2018 13:38:05 GMT

@Anonymous wrote:
When you apply, it will ask you if you already have an existing Chase account. I hit Yes and it led me to the main page to log in and my basic information is already pre-filled out. I submitted and it automatically applied the $100.00 coupon to the newly opened account. You just need to make 10 transactions to meet the $100 bonus.
@outofcredit wrote:
@Anonymous wrote:
Any Finn (by Chase) Checking customers get pre-approvals in branch like a typical chase account? My Finn accounts are listed when I log into my Chase accounts. Just curious since they seem to be seperate yet in some ways they are not.

Btw if anyone is Interestsd in a easy $100 they are easy to open, no Chex, make 10 transactions and then they give you a $100 within 10 days. Oh, you have to have an iPhone and use the app to apply. Android is coming but I think you need to sign up for their waiting list for it.
Is this bonus available if you already have a regular Chase checking account?

I already received the 300 Chase bonus for opening a total checking account back in March 2018. I guess my real question is does the one Chase checking bonus per year rule include the account?

*edit* Just saw your updated post about current account holders so I guess I don't qualify this year.

Re: Chase Offers/Finn Checking Customers

Anonymous — Wed, 18 Jul 2018 20:19:18 GMT

I did open an account today. Didn't know about Finn since the $100 bonus I saw today on Facebook. Did apply for Checking + Saving will waiting for my Papa Johns Pizza. Quick and easy application, and nice app. Not sure how I will use this account, but at least I have a foot in Chase now!

Re: Chase Offers/Finn Checking Customers

19eighty5 — Thu, 25 Oct 2018 17:17:05 GMT

Any updates if those who signed up for Finn are able to receive/are receiving Chase offers for credit cards?

Re: Chase Offers/Finn Checking Customers

Anonymous — Sat, 09 Feb 2019 04:34:20 GMT

Having a preexisting Chase relationship won’t help with offers. For instance, you have a top credit score and no previous relationship with Chase, you would qualify for their current offerings.

The Finn account reduces branch overhead and is low cost deposits for Chase. The promotion offer is a good deal because there is no minimum balance requirement and no need to close out the account. Plus if you do have additional funds to deposit or withdraw, Chase has loads of ATM’s available so a large check over mobile deposit limits or cash deposits and withdrawls can be done at their ATM’s.

Re: Chase Offers/Finn Checking Customers

Revelate — Sat, 09 Feb 2019 19:20:48 GMT

@Anonymous wrote:
Having a preexisting Chase relationship won’t help with offers. For instance, you have a top credit score and no previous relationship with Chase, you would qualify for their current offerings.

The Finn account reduces branch overhead and is low cost deposits for Chase. The promotion offer is a good deal because there is no minimum balance requirement and no need to close out the account. Plus if you do have additional funds to deposit or withdraw, Chase has loads of ATM’s available so a large check over mobile deposit limits or cash deposits and withdrawls can be done at their ATM’s.

We're talking credit card pre-approvals or some sort of other offers? I know nothing about Finn except to know I don't qualify for it, but that said...

Chase has done relationship banking for a while regardless of your credit sins; actually I'd argue if you have enough money (which looks supiciously like their Sapphire Banking line these days) on deposit with Chase you can still get various credit card offers, case in point Chase has always been good to me (other than when I failed 5/24 cause I couldn't have predicted the CSR release) even when I still had glaring and open tax liens litterred all over my file.

It's not just about FICO score, yes you can wander off the street with an 800 Experian FICO 8 or whatever and Chase will happily take your business, anecdotally they did absolutely righteous by me, and they made it absolutely explicit late last year with their calendar Q3 internal presentation (which I got to see when I talked to a CPC banker about the then new Sapphire Banking product), and Finn is just another avenue into a customer base that they just weren't getting in the front door with their traditional products.

Sticky customers are good customers, that applies to banks as well as all the tech darlings in the market these days.

Re: Chase Offers/Finn Checking Customers

Anonymous — Sat, 09 Feb 2019 21:01:06 GMT

If you have a relationship with Chase but poor credit, then its true a relationship may improve your odds. I haven’t seen any difference in their offerings to me. I got a relationship with Chase when I was targeted for a promotion and it hasn’t helped me with additional offers, in fact it disqualified me for offers while the initial promotion was in force.

Chase Finn makes sense for those without direct deposits as total checking is a better product if you have direct deposits which waives the minimum balance requirement.

Re: Chase Offers/Finn Checking Customers

Revelate — Sun, 10 Feb 2019 00:12:41 GMT

What is your relationship with Chase in this case?

Ultimately you cannot make generalizations such as “doesn’t” from one anecdotal evidence point. Chase presumably doesn’t do underwriting and offers by Oujia board, a difference in spend or assets on deposit could produce a markedly different outcome in terms of how any financial institution looks at an individual.

Honestly if you look at the Chase product suite they are continuing to evolve, I doubt Finn or even Sapphire Banking is 100% the same that we will see in call it 5 years for how Chase views it.

Re: Chase Offers/Finn Checking Customers

Anonymous — Sun, 10 Feb 2019 01:02:51 GMT

For me, my relationship hasn’t helped in anything at all. I started a relationship because of previous promotions and the relationship never attributed to anything benecial over not having a preexisting relationship. If you have poor or borderline credit and Chase sees assets in their bank, sure it could help you get offers, but if you applied without the offer being preappeoved in many cases you would still get the offer because you would list assets and income on the application itself and relationship offers are usually not better and in some cases are worse as some offers are for new Chase customers.

As far as Chase Finn is concerned, it allows Chase with its large ATM and branch network access to low cost deposits wihout paying interest to customers, just one time bonus. So it adds additional profit to the bank even if account balances are on the smaller side per account as in aggregate it means additional money to make profit from.

Re: Chase Offers/Finn Checking Customers

Revelate — Sun, 10 Feb 2019 06:57:40 GMT

And you have yet to state what that relationship was: did you drop 250k into an account for CPC or did you open a credit card with a checking account barely meeting the minimums and running your financial life elsewhere?

I'm not going to debate Chase business strategy but I just don't think your analysis of Finn being a one time thing is accurate: you already stated it yourself, Total Checking is a better product when we're talking features, and that will be there for customers who want or need to upgrade to something a little more full featured.

There are many people probably mostly younger than I am that are making plenty and yet doing very little in the way of traditional banking: Chase is trying to market to those people too.

Re: Chase Offers/Finn Checking Customers

Anonymous — Sun, 10 Feb 2019 18:03:14 GMT

Glad this thread popped up as this might be what I'm looking for! No DD to my account and rarely have a steady balance over 1k so no way to avoid the Total Checking fees. *If* this account did open the door to credit product preapprovals (seems Chase customers sometimes can circumvent 5/24) that would be icing on the cake. $100 SUB... this is.. tempting. My local bank has never done me wrong but that said their footprint is small so it's easy to find myself paying ATM fees and their app and website.... are.. lackluster. Sometimes takes over 24 hours for balance to update! I can use the Zelle stand alone app but it's been troublesome lately so I've been browsing banks with Zelle built in to the app for convenience sake. Hmmmmmm.....

Re: Chase Offers/Finn Checking Customers

Anonymous — Sun, 10 Feb 2019 18:16:52 GMT

The promotional of 100 combined with 10 transactions and no direct deposit is really the biggest benefit. Any such relationship benefits could happen to some customers or getting past the 5/24 rule or whatnot. Relationship benefits on Finn may be easier access to credit card products for a few but surely won’t be anything such as unique benefits where one is finding larger bonuses or higher interest rates on deposit accounts. Chase is still a for profit national bank.

Re: Chase Offers/Finn Checking Customers

Anonymous — Sun, 10 Feb 2019 18:47:33 GMT

I'm thinking the SUB alone + Zelle is worth it in my case. Worst case scenario I don't like it and close it after 6 months $100 richer right?

Re: Chase Offers/Finn Checking Customers

Anonymous — Sun, 10 Feb 2019 23:12:10 GMT

Agreed. The debit feature would be useless other than for enough purchases to get the promotion if one pays by a promotional credit card or rewards credit card. The ATM accessibility for cash deposit and atm check deposits larger than mobile deposit limits is helpful if you are in an area where Chase has ATM’s. ATM withdrawls is useless considering other banks give unlimited ATM rebates. The promo really is the only reason for the account as of now. I don’t know if Chase will add any future incentives to get more deposits on hand or not. I couldn’t see using a Finn account for any large balances kept there.

Re: Chase Offers/Finn Checking Customers

Anonymous — Mon, 11 Feb 2019 00:06:25 GMT

Pretty much the plan. I get transfers via Zelle weekly so theres 8 of the 10 right there. A couple of purchases and I'm good to go for the SUB. Plenty of Chase ATMs near campus. I think this little account will work out nicely and if not at least I'll get $100 out of it. So glad this thread was revived. Perfect timing for me.

Re: Chase Offers/Finn Checking Customers

Anonymous — Sun, 24 Feb 2019 16:23:22 GMT

Anyone get the $100 bonus yet?