Claiming your $300 bonus is easy:
- Open a Chase Total Checking® account: Apply online or in-branch using a referral link.
- Set up direct deposit: Receive qualifying electronic deposits totaling $500 or more (e.g., payroll or government benefits) within 90 days.
- Enjoy your bonus: The $300 will be deposited into your account within 15 days after meeting the requirements.
Key Account Features
- Real-Time Banking Transparency: Track your transactions with clarity:
- Deposits are credited first, withdrawals processed in chronological order, and fees assessed last.
- Pending transactions affect your balance during the day but don’t guarantee payment if funds are insufficient during nightly processing.
- Chase Overdraft Assist℠: Avoid overdraft fees if overdrawn by $50 or less at the end of the business day.
- Fast and Flexible Deposits:
- Cash and direct deposits: Available the same business day.
- Checks: Typically available the next business day (longer holds may apply).
- Mobile and Online Banking: Manage your account, pay bills, and deposit checks from anywhere via the Chase Mobile® app or Chase OnlineSM.
- Zelle® Integration: Instantly send and receive money from friends and family.
- Extensive Access: Over 16,000 ATMs and 4,700 branches across the U.S.
Monthly Fee and How to Avoid It
The Chase Total Checking® account has a $12 monthly fee, which can be waived by completing one of the following each statement period:
- Direct deposits totaling $500 or more.
- Maintain a daily account balance of $1,500 or more.
- Maintain an average daily balance of $5,000 or more across qualifying Chase accounts.
Pros and Cons
Pros:
✅ Generous $300 sign-up bonus and additional referral rewards of up to $500 per year.
✅ Robust online and mobile banking tools.
✅ Multiple ways to waive monthly fees, making the account accessible for various financial needs.
✅ No fees for overdrafts under $50 with Chase Overdraft Assist℠.
✅ Widely accessible with an extensive network of branches and ATMs.
Cons:
❌ $12 monthly fee if requirements aren’t met.
❌ Additional fees for wire transfers, stop payments, and foreign transactions.
❌ Limited interest-earning potential compared to other account types.
Other Fees to Keep in Mind
- Card Replacement (Rush Shipping): $5 per card.
- Non-ATM Cash Withdrawals: 3% of the transaction or $5 minimum.
- Foreign Transactions: 3% of the withdrawal amount.
- Wire Transfers:
- Domestic: $25-$35.
- International: $5-$50, based on currency and amount.
- Stop Payment Requests: $25-$30, depending on the method used.
Conclusion
The Chase Total Checking® account is an excellent choice for those looking to manage their finances efficiently while earning impressive rewards. With a $300 sign-up bonus, a straightforward referral program, and easy ways to waive fees, this account combines convenience and value seamlessly. Perfect for individuals seeking a versatile, feature-rich checking account!
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