Just Opened Up A Chase Checking Acct

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Dylan1982
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Just Opened Up A Chase Checking Acct

Postby Dylan1982 » Mon Feb 10, 2014 7:11 pm

The only reason why I did it was b/c I got an offer in the mail that if I open it up and deposit $100, in turn they will give me a $200 :cool:


Also another reason that I opened up the Chase checking acct is b/c I already have a Chase Freedom card. I asked the Chase rep about the Feedom and Checking acct. They are still doing that.

10% Annual Bonus: When you have both the Freedom and checking acct, you get an extra 10% annually on the cash back you've already earned on new purchases.


I know someone has that formula, what does it look like again?


All in all I am happy to now have a Chase checking acct!!!
Chase Freedom - $12,500 (2/2013)
GM Card - $7,700 (7/2002)
CitiBank (Thank You Preferred) - $6,400 (6/2012)
CitiBank (Diamond Preferred) - $4,600 (6/2012)
Rogers & Hollands - $3,300 (3/2006)
Target REDcard - $3,000 (11/2014)
BestBuy - $1,600 (9/2003)
Discount Tires - $1,000 (2/2004)
Kohl's - $300 (4/2012)


darkguy2
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Postby darkguy2 » Mon Feb 10, 2014 7:39 pm

Wish I could get one with my Freedom but it is not available in my area.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)

whit
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Postby whit » Mon Feb 10, 2014 8:02 pm

the 10% is if you get xxx in the calendar year they give you ten percent of that

so let's say you earn 20,000 points, they'll give you 2000 extra points which is basically 20 bucks

the 200$ deal is good; if you're in college and they opened a total (college doesn't work) make sure they convert you before the two free months is up, unless you have dd of $500 or more combined in a monthly cycle to keep it fee free

Dylan1982
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Location: Chicago

Postby Dylan1982 » Mon Feb 10, 2014 8:15 pm

whit wrote:the 10% is if you get xxx in the calendar year they give you ten percent of that

so let's say you earn 20,000 points, they'll give you 2000 extra points which is basically 20 bucks

the 200$ deal is good; if you're in college and they opened a total (college doesn't work) make sure they convert you before the two free months is up, unless you have dd of $500 or more combined in a monthly cycle to keep it fee free

Nope, not in collAge ;) lol. Haven't been in college since I was 18.

Yeah I was happy that I got the $200 offer in the mail. It sucks, I read the print for the $200, at the end of the year, Chase will send out a 1099- INT form for the $200 lol....

But yeah, I opened a Chase Total Checking Acct.
Chase Freedom - $12,500 (2/2013)
GM Card - $7,700 (7/2002)
CitiBank (Thank You Preferred) - $6,400 (6/2012)
CitiBank (Diamond Preferred) - $4,600 (6/2012)
Rogers & Hollands - $3,300 (3/2006)
Target REDcard - $3,000 (11/2014)
BestBuy - $1,600 (9/2003)
Discount Tires - $1,000 (2/2004)
Kohl's - $300 (4/2012)

daniel2304
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Postby daniel2304 » Mon Feb 10, 2014 9:36 pm

They seem have never honored the 10% annual bonus for me. For the Total Checking, they ask for daily balance is $1500 to avoid the monthly fee. It sucks.
All my posts are my opinions. All my posts mentioned "you" are merely for discussion-purpose only. No advice is given in any post at any time. It is also impossible for me to put effort to verify every statement that anyone has given.

Dylan1982
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Postby Dylan1982 » Mon Feb 10, 2014 10:24 pm

daniel2304 wrote:They seem have never honored the 10% annual bonus for me. For the Total Checking, they ask for daily balance is $1500 to avoid the monthly fee. It sucks.

In order for the Totally Checking to be free you can do 1 of 3 of the following:

1) A direct deposit in the amount of $500

2) An average daily balance of $1,500

3) An average daily balance of $5,000 in any qualifying liked accounts.

I'll watch out at the end of 2014 if I get that extra 10%
Chase Freedom - $12,500 (2/2013)
GM Card - $7,700 (7/2002)
CitiBank (Thank You Preferred) - $6,400 (6/2012)
CitiBank (Diamond Preferred) - $4,600 (6/2012)
Rogers & Hollands - $3,300 (3/2006)
Target REDcard - $3,000 (11/2014)
BestBuy - $1,600 (9/2003)
Discount Tires - $1,000 (2/2004)
Kohl's - $300 (4/2012)

daniel2304
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Postby daniel2304 » Tue Feb 11, 2014 9:47 am

I know that but for someone who is self-employed or need money to go around to do small business, it's like you have $1,500 sitting there doing nothing (or just avoid the fee for someone who keep your money and invest somewhere)

But if you can pack $1500 in 6 months, or having direct deposit, then $200 is tempting :D
All my posts are my opinions. All my posts mentioned "you" are merely for discussion-purpose only. No advice is given in any post at any time. It is also impossible for me to put effort to verify every statement that anyone has given.

samhradh
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Postby samhradh » Tue Feb 11, 2014 1:20 pm

Always a good idea to have a rainy day fund...so keeping $1500 (or more, really) around is advised. Unless it earns no interest and you keep all of your funds in a savings account?
Citi Forward ($10.1K), AmEx Blue Cash Everyday ($30K), Chase Freedom ($12.4K), Discover it ($5.5K), Barclaycard Arrival ($12.5K), L.L. Bean Visa ($5K). FICO 806 (TU), 812 (EQ), 806 (EX).

whit
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Postby whit » Tue Feb 11, 2014 2:01 pm

dylan1982, congrats on that chase account but more so for not having been in college since 18 (:

I agree with samhradh, if you're not already there, I would strongly advise in getting there, and then saving as much as you can while enjoying life too--doesn't mean pack it away so you have a million when you pass and no family to leave it to

but also don't want to be struggling, thinking you only have 17 in your account, yes, 17 dollars but being happy (or a bit happy) when it's actually $27. yes, count your blessing and not to put anyone down whose in that position

but if you still have the ability to put money away, do, because it's only for your benefit

I have a few thou sitting in my checking, my secondary checking that is more for like rainny days, I suppose I could just have another ING/360 account or similar but the account gives me about .15 interest, not much but I'm not really in it for the interest, I just want it liquid

darkguy2
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Postby darkguy2 » Tue Feb 11, 2014 2:55 pm

I put all my money for my rent payments and summer tuition into my Ally savings account where I get 0.87%. I get about $0.08 a day but it is better than nothing and I need to take money out of it every month to pay rent.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)



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