Re: Almost free: $100! Watch out for the fine print in this deal!!
1- you have to leave your account open for 6 months
2- no fees on checking as long as each month that it is open, that you have a direct deposit or 5 debit transactions. each month that your account is open.
3- If you do not follow their rules, then when you close your account in 6 months, they can debit the bonus back from you(see info below)
If you can follow their rules, then it is easy money, otherwise you will get bitten in 6 months. Just be careful.
Tina
Terms are below: No Monthly Service Fee — Chase CheckingSM has no monthly service fee when you have a direct deposit or five or more debit card purchases post to your account each statement period. Bonus/Account Information — Offer valid 10/15/09 – 12/31/09. To qualify for the bonus you must open a new Chase CheckingSM account with a $100 minimum deposit of new money (money not currently held by Chase or its affiliates). Also, within 60 days of account opening you must initiate a monthly direct deposit which includes payroll, pension, Social Security or other government benefits, or make five debit card purchases. The bonus will be automatically deposited into your new account within 10 business days after the initial direct deposit or five debit card purchases have posted to your account. Bonus is not considered part of minimum opening deposit. Limit one checking account-related reward/premium per customer, per calendar year. Offer not available on account conversions or in combination with any other offer. Offer not available to existing Chase checking customers. Employees of JPMorgan Chase Bank, N.A. and our affiliates are not eligible. Checking account must remain open for a minimum of six months or the bonus will be debited from the account at closing. Account is subject to approval. Bonus is considered interest and will be reported on IRS form 1099-INT. Free Chase Mobile — There's no charge from Chase, however, standard text messaging and other rates from your wireless provider still apply. |