Banklady Credit Doctor

Tag: chase bank

  • Top Checking & Savings Bonus Offers

    Top Checking & Savings Bonus Offers

    We put together a list of the best checking and savings bonus offers. This includes mostly national banks with soft credit pulls when you open an account with a few exceptions. We do live a few with hard pulls and a few from credit unions and regional banks. If you find out of a bank that offers a better bonus then please let us know. See our list of business bonus for new accounts here.

    Most Recommended: SOFI $50 Bonus for Checking or Savings

    • SOFI Offers a fee-free driven app checking and savings we found better and easier than most of the older banks.
    • Go here to read more about the $50 bonus from SOFI

    Chase $300 Bonus – Available In Branch & Online

    This checking bonus from Chase can be paired with a $150, $200 or $300 savings bonus as well. You can do one per calendar year max.

    • Direct deposit required, no minimum
    • Soft pull on credit
    • Can’t fund with a credit card

    HSBC – Up To $750 Bonus – No Direct Deposit Required

    HSBC has been a part of the online banking game for awhile now but their website can be a bit of a hassle. Read more about how we think the $350 bonus is one of the best.

    • Soft pull on credit
    • Direct deposit not required
    • Can’t fund with a credit card

    Wells Fargo $200 Checking Bonus

    You may live in an area with no direct deposit requirement. Read more here.

    • Soft pull
    • Can fund up to $50 online with a credit card
    • Direct deposit required (in most areas)

    Citibank $300 Bonus

    Citibank in the past has had bonuses as high as $400 with less strict requirements. You can get the bonus again if you haven’t held a Citi banking account within the past 180 days. You just need to be able to deposit $15,000.

    • Direct deposit not required
    • Can’t fund with a credit card
    • Soft pull

    Bank of America $100 Bonus/$300 Bonus

    They have  bigger targeted bonuses of up to $300 before, so check to see if you are targeted for this first.  All you have to do is sign into your BOA credit card account and look at offers.

    • Soft pull
    • Can’t fund with a credit card, can fund with a debit card up to $250
    • Requires direct deposits

    E*Trade $150 Bonus

    E-Trade has been one of our favorite banks for years although it was recently bought by a huge brokerage we hope they keep the no-fee checking at ATMs. They are offering bonuses right now from $50 and up with as little as a $500 deposit. Go here to learn more about the E-Trade bonuses.

    Charles Schwab $100 Bonus

    This is similar to the Etrade bank where you get ATM fees reimbursed, no fees for foreign transaction withdrawals) and you can also get this account and a brokerage account at the same time for one hard pull. The brokerage account then gives you access to the Charles Schwab credit cards.  See more here at schwab.com/referred.

    • Hard pull to open
    • No requirements for bonus

    Christian Community Credit Union – $200 Bonus – Must Be A Member of A Christian Ministry

    The Christian Ministry requirement seems to be enforced and will rule out a lot of people, if you are eligible though this is a great deal. Read more here about Christian Loans.

    • Soft pull
    • Direct deposit with no minimum specified
    • Can fund up to $100 for checking account and $500 for CD with a credit card.

    Best Saving Account Bonuses

    Discover Savings $150/$200 Bonus

    Requires a deposit of $15,000 for $150 bonus or $200 for $20,000 bonus, but no minimum deposit length. Great deal, but only once per lifetime.

    • $15,000 deposit required or $20,000 for $200 bonus, no minimum length
    • No credit card funding
    • Soft pull

    Chase $200 Savings Bonus – In Branch & Online

    They also have bonuses for $300 (requires $25,000 deposit) and $150 (requires $10,000 deposit). Can be combined with the $300 checking bonus listed above as well.

    • $15,000 deposit required must be maintained for 90 days
    • Soft pull
    • Can’t fund with a credit card

    Chase $300 Savings Bonus – In Branch

    As mentioned above they have a $200 bonus and $150 bonus as well.

    • $25,000 deposit required must be maintained for 90 days
    • Soft pull
    • Can’t fund with a credit card

    Fidelity Bank $100 Savings

    Can be combined with the $100 checking bonus they also offer.

    • Deposit of $10,000 required for 30 days
    • Soft pull
    • Can fund up to $500 with a credit card

  • JP Morgan Launches New Investing App with Free Trades

    Chase bank is rolling out a digital investing service that comes bundled with free or discounted trades, a sophisticated portfolio-building tool and no-fee access to the bank’s stock research. Anyone who downloads J.P. Morgan’s mobile banking app or uses its website can get at least 100 free trades in the first year.

    • J.P. Morgan’s new digital brokerage service comes with free trades, portfolio building tool and access to research.
    • The bank’s new trading service will be available to its 47 million mobile or online users.
    • All customers get 100 free stock or ETF trades in the first year.
    • CEO Jamie Dimon hinted at this move in 2016, citing Amazon Prime as his inspiration.

    This move from J.P. Morgan Chase comes a few years after Apps such as Robinhood have already attracted more than 5 million users and a $5.6 billion valuation.

    This could be a threat to the current marketplaces as Chase is the the biggest U.S. bank and It already has financial ties with half of American households. More than 47 million people who already use the company’s banking app or website will gain access to the new service called “You Invest”.

    The bank is known for their high fees such as charging $24.95 for online trades as recently as last year.

    How to get Free Trades

    Signing up through the bank’s app can be done in three minutes, and moving money between Chase accounts happens instantaneously. Users can also seamlessly fund their investments from outside accounts. You can actually see the offer inside the Chase Bank App on the left menu under J.P. Morgan. There is no minimum required to open an account.

    All customers get 100 free stock or ETF trades in the first year, an offer that becomes permanent for those with Premier-level bank accounts, which require a combined $15,000 held at the bank.

    Those with Chase Private Client, a higher account that typically requires at least $100,000 in holdings, get unlimited trades. The bank is currently considering adding other tiers that would incentivize people to pull money from other brokerages.

    Users can construct diversified portfolios with an automated tool called portfolio builder by inputting their risk tolerance and objectives.

    Compare to Popular Online Brokerages

    The number of free trades a user has left is prominently displayed on the app. Most investors don’t typically need more than 100 trades a year, but if they exceed that amount, they’ll be charged $2.95 per trade, which is far cheaper than rivals E*Trade and Ameritrade.

    TD Ameritrade and E*Trade charge $6.95 per trade. Charles Schwab charges $4.95 a trade. Although they do all offer free trades for a fixed amount of time for new clients who deposit enough money. Bank of America offers customers of its Merrill Edge service 30 free trades per month, but that perk begins at $50,000 in balances. Otherwise, trades cost $6.95.