Looking to grow your investments with a trusted financial institution? Chase Bank is offering an attractive cash bonus for new J.P. Morgan Self-Directed Investing accounts. While you might be searching for “Chase Bank Money Market” options, this exciting promotion provides a compelling incentive to explore broader investment avenues and potentially boost your returns.
Understanding the Chase Bank Investment Account Bonus
This offer isn’t specifically for a money market account, but it’s a fantastic opportunity for anyone considering expanding their investment portfolio with Chase. Let’s break down the details to see if you’re eligible for this limited-time bonus.
Eligibility and Account Types
To qualify for this cash bonus, you need to open a new J.P. Morgan Self-Directed Investing account. This includes General Investment accounts, Traditional IRAs, and Roth IRAs. It’s important to note that this offer is exclusively for accounts opened through the designated promotional page and does not apply if you open an account with a J.P. Morgan Advisor. Furthermore, this offer is limited to one per customer.
Bonus Tiers and Deposit Requirements
The cash bonus you can receive is tiered based on the amount of new money you deposit into your account within 45 days of enrolling in the offer. “New money” refers to funds from outside of J.P. Morgan Chase & Co. or its affiliates. You can fund your account by moving cash, transferring securities, or rolling over retirement assets from another institution. Here’s how the bonus tiers break down:
| New Money Deposit | Cash Bonus |
|---|---|
| $5,000 to $24,999 | $50 |
| $25,000 to $99,999 | $150 |
| $100,000 to $249,999 | $325 |
| $250,000 or more | $700 |
To secure the bonus, you need to maintain the new money balance in your account for 90 days from the enrollment date. It’s reassuring to know that market fluctuations or trading losses during this period will not affect your bonus eligibility.
How to Claim Your Bonus
Earning your cash bonus is straightforward. Simply open a new J.P. Morgan Self-Directed Investing account through the offer page and fund it with the required new money within 45 days. Ensure you maintain the balance for 90 days. Once these requirements are met, the cash bonus will be credited to your account within 15 days.
Important Terms and Conditions
Remember, you can only participate in one J.P. Morgan Self-Directed Investing new money bonus within a 12-month period. The coupon for this offer is for one-time use, and only one bonus is permitted per account. Your account must remain open and unrestricted at the time of payout to receive the bonus. Keep in mind that offer terms are subject to change or termination without prior notice. Finally, the cash bonus may be considered taxable income, and Chase may be required to report it to the IRS. Consult with a tax advisor if you have any questions regarding the tax implications.
Conclusion
While this isn’t directly a “chase bank money market” account bonus, this J.P. Morgan Self-Directed Investing offer presents a valuable opportunity to earn a cash bonus while taking control of your investments. If you’re looking to expand your financial horizons beyond traditional savings, exploring this offer from Chase Bank could be a smart move. Be sure to review the full terms and conditions on the Chase website before making any decisions.
