Chase Teen & School Checking $125 Bonus – No Direct Deposit Required

Replace 7/16/25: Bonus elevated from $100 to $125. Legitimate by way of 10/15/25. (ht Erik)

Replace 1/9/25: The faculty bonus continues to be round. There’s now an identical provide for teen accounts (age 13-17) which can be found at this link. The teenager provide requires a Chase department go to. Legitimate by way of 4/16/25. This one solely requires 5 transactions, not 10. (ht Carl J)

Replace 10/10/22: Prolonged till 1/25/23.

Replace 7/10/22: Deal is again and legitimate till 10/19/2022.

Supply at a look

• Most bonus quantity: $100
• Availability: Nationwide
• Direct deposit required: None
• Extra necessities: See beneath
• Arduous/tender pull: Soft
• ChexSystems: Unknown
• Bank card funding: Can fund as much as $50 with a debit card on-line (prepaids don’t work). Can’t fund with debit or credit score in department.
• Month-to-month charges: None if in faculty
• Early account termination payment: Bonus taken again if closed inside six months
• Family restrict: None
• Expiration date: October 18th, 2019 April 16, 2025

The Supply

Direct link to offer

• Chase has despatched out presents for a bonus of $100 while you open a brand new faculty checking account and full the next necessities:
  • Enroll in paperless statements
  • Full 10 qualifying transactions inside 60 days of account opening. Qualifying transactions embody: debit card purchases, on-line invoice funds, checks paid, Chase QuickDepositSM, Chase QuickPay® with Zelle®, or direct deposits

The Tremendous Print

• Supply legitimate till 10/18/2019.
• Supply not obtainable to present Chase checking clients, these with fiduciary accounts, or these whose accounts have been closed inside 90 days or closed with a unfavourable steadiness. Workers of JPMorgan Chase Financial institution, N.A. and its associates usually are not eligible for this provide.
• To obtain the bonus: 1) Open a brand new Chase School Checking account, which is topic to approval; 2) Log in to chase.com and enroll in Chase Checking Paperless Statements inside 60 days of account opening; AND 3) Full not less than 10 qualifying transactions inside 60 days of account opening.
• After you’ve got accomplished all of the above necessities and the ten qualifying transactions have posted to your account, we’ll deposit the bonus into your new account inside 10 enterprise days.
• Qualifying transactions embody: debit card purchases, on-line invoice funds, checks paid, Chase QuickDepositSM, Chase QuickPay® with Zelle®, or direct deposits.
• Your direct deposit must be an digital deposit of your paycheck, pension or authorities advantages (comparable to Social Safety) out of your employer or the federal government
• . You possibly can obtain just one new checking account opening associated bonus each two years from the final enrollment date and just one bonus per account.
• Bonus is taken into account curiosity and shall be reported on IRS Kind 1099-INT (or Kind 1042-S, if relevant).
• All checking account bonuses are handled as revenue/curiosity and as such you need to pay taxes on them

Avoiding Charges

Month-to-month Charges

There isn’t a month-to-month charges so long as your faculty scholar aged between 17-24

Early Account Termination Payment

Bonus taken again if closed inside six months

Our Verdict

Not worth considering because there is an offer for $300 as well. That supply does require a direct deposit, however there are plenty of work arounds that will work. Due to that I received’t be including this to our checklist of the very best checking bonuses.

Hat tip to reader Calvin

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