Chase Savings Account Review (2023.10 Update: $900 Offer in Total w/Checking)

Chase Savings Account Review

2023.10 Update: The $300 checking + $200 savings + $400 together offer has returned! HT: DoC.

Application Link


  1. New account opening bonus of $200+$400! See below for the requirements to get this bonus. Offer expires on 4/17/2024.
  2. Monthly account maintenance fee of $5. See below on how to avoid paying this ridiculous fee.
  3. If you close your account within 6 months, you’ll forfeit the bonus.
  4. Interest rate (APY): a humiliating and laughable rate of 0.01%.

Bonus Requirements

  1. This bonus is only available for new clients of Chase Savings Account. Those who are currently using Chase Savings, or those who have closed an account within 90 days are not eligible for the bonus offer. Those with a Chase Checking Account or a Chase credit card are still eligible.
  2. You can receive only one new checking and one new savings account opening related bonus every two years from the last enrollment date and only one bonus per account.
  3. $200 part of the bonus: You’ll have to deposit at least $15,000 of “new money” within 30 days. Your balance needs to stay at that amount for at least 90 days. “New money” means the money that does not come from any of your other Chase accounts.
  4. $400 part of the bonus: You need to open a Chase Total Checking account together with this savings account.

How to Avoid the Monthly Maintenance Fee (Meet Any One of the Requirements Below)

  1. Daily balance of at least $300 in this account.
  2. Have one repeating automatic transfer of $25 or more from your personal Chase checking account.
  3. Account holder is under 18 years of age.
  4. Link any of the listed accounts: Chase Premier Plus Checking, Chase Premier Platinum Checking or Chase Private Client Checking account.


Let’s be honest – the interest rates that Chase is offering through their Savings Account is not desirable. I have no clue why someone would want to open a savings account here. In this instance, you might as well open a Savings Account with Chase for the sake of the bonus, but try not to violate any rules or conditions listed above, since Chase does in fact have pretty awesome credit cards. Just follow their rules, wait the 6 months, collect the bonus and you’re free to go up to $300 richer.

Related Accounts

Here is a comparison and contrast on the official website.

Historical Offers Chart

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