Chase Total Checking®

Chase Private Client $2,000 Upgrade Bonus [Targeted]

Upgrade your account to Chase Private Client and get a $2,000 bonus! This is the highest amount offered to become a Chase Private Client, although currently it’s a targeted offer.

I’ve been a Chase customer for over 10 years because they’re one of the largest and most reputable banks in America. In addition to being a banking client, I’m also a cardholder of their premium personal and business credit cards due to their unreal benefits.

Chase really wants to be the place where you park all your savings and investments. To encourage you to do so, they’re offering a bonus of $2,000 to upgrade your Chase account to what’s called a Chase Private Client account.

For more current bank offers, see our bank bonuses page. The most popular offers are from Chase BankSoFi, and Fifth Third Bank.

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

What Is Chase Private Client?

Chase Private Client is a program offered to Chase customers that keep a substantial amount of money in Chase banking and investment accounts.

Think of it as being a VIP customer that offers you many perks and benefit.

Chase Private Client Benefits

Here’s what included when you become a Chase Private Client (CPC):

Banking Benefits

  • No fees on most transactions including wire transfers and international debit card purchases or ATM withdrawals
  • No Chase fees at non-Chase ATMs worldwide, plus they will reimburse you for non-Chase ATM fees up to 5x per month
  • No monthly service fee on CPC Savings accounts when linked to a CPC Checking account
  • Increased Chase QuickDeposit limits
  • Increased limits for Chase QuickPay with Zelle
  • Higher daily ATM withdrawal limit
  • Free 3×5 safe deposit box and a 20% discount on larger boxes
  • Free personal checks
  • No fees for cashier’s checks, counter checks, or money orders

Investment Benefits

  • A dedicated J.P. Morgan Private Client advisor
  • Customized financial analysis
  • Retirement advice
  • Personalized investment strategy
  • Free online stock and ETF trades with You Invest by J.P. Morgan

Credit Card Benefits

  • Rushed replacement of your debit or credit card almost anywhere worldwide at no charge
  • Higher welcome bonuses available for in-branch credit card sign-ups (on a case by case basis)

Business Benefits

  • Personal business banking advisor
  • No fees for electronic deposits for both Platinum Business Checking and Total Business Checking accounts
  • Reduced minimum balance requirements for Platinum Business Checking accounts

Home & Auto Benefits

  • Discounted rate when you purchase or refinance a home with the CPC Mortgage Rate Program
  • Occasional bonus Chase Ultimate Rewards points with a new mortgage (CPC was recently offering a 75,000-point bonus with a new mortgage)
  • CPC Home Lending Team
  • Discounted rates for Home Equity Lines of Credit
  • No origination fee and $50 annual fee waiver for HELOC
  • 0.25% rate discount with Chase Car Buying Services
  • Up to 0.50% rate discount when you refinance your auto loan and have your payment automatically deducted from your personal checking account

Other Benefits

  • Rushed replacement of your debit or credit card almost anywhere worldwide at no charge
  • Higher welcome bonuses available for in-branch credit card sign-ups (on a case by case basis)

How To Qualify For Chase Private Client

In order to qualify for the Chase Private Client program, you’ll need a total of at least $150,000 in Chase banking and investment accounts.

If you don’t have quite enough yourself, you can get access to the program if you share an account with an immediate family member who is a Chase Private Client. For instance, if your spouse is a client and you share a savings account jointly with her, you can also receive the benefits offered under the Chase Private Client program.

How Do I Enroll In Chase Private Client?

Chase Private Client is by invitation only. From time to time Chase may have public enrollment opportunities, but it’s not available at the time of this writing.

However, there are a number of other Chase Bank consumer and business products available and many of them come with sign-up bonuses and welcome offers. Click the link below for more information:

Related:

Chase Private Client $2,000 Bonus Offer [Targeted]

Chase is offering a bonus of $2,000 when you become a Chase Private Client. This is now a targeted offer and is not available to the public at this time.

If you’re targeted, then once you can schedule a meeting with a Private Client Banker and transfer a total of $250,000 or more in new money, a $2,000 bonus will be deposited into your account within 40 days.

Offer Details

Availability: Nationwide
Expiration: 10/19/2022
Household Limit: None
Direct Deposit Required: $250,000
Soft/Hard Pull: Soft
Early Account Termination Fee: None, but bonus taken back if closed within 6 months

How To Get The Bonus

  1. Get a Chase Private Client upgrade code by submitting your email address in the enrollment link.
  2. Meet with a Private Client Banker to upgrade your account to Chase Private Client.
  3. Within 45 calendar days, fund your account with qualifying new money or securities to a combination of eligible checking, savings and/or J.P. Morgan investment accounts. Your bonus will be determined on day 45.
  4. Maintain your new money for 90 days and enjoy your bonus – Chase will add it into your account within 40 days.
Chase Private Client email my upgrade code form
(Image from Chase Bank)

Eligible Accounts That Qualify For New Money Deposit:

  • Personal Checking accounts
  • Personal Savings accounts
  • J.P. Morgan Wealth Management non-retirement investment accounts (opened in a Chase branch and serviced by a J.P. Morgan Private Client Advisor)

Eligible Accounts That DO NOT Qualify For New Money Deposit:

  • Business Checking and Savings accounts
  • Any J.P. Morgan Self-Directed Investing & Automated Investing accounts
  • Any J.P. Morgan Wealth Management retirement accounts (such as Traditional and Roth IRAs, Keoghs, SEP and SIMPLE IRAs, and 401(k) plans)
  • CDs
  • Insurance products
  • Fixed and variable annuities
  • J.P. Morgan Fund Accounts
  • 529 College Savings Plans
  • Attorney trust accounts
  • Client fund trust accounts
  • Government or Non-Profit accounts
  • Donor-advised funds

Avoiding Fees

The Chase Private Client account charges a monthly fee of $35 a month. You can waive this fee when do at least one of the following options in each statement period:

Option #1

  • maintain a monthly average balance of $150,000 or more in any combination of this account and linked qualifying Chase checking, savings, and other balances

Option #2

  • have a linked Chase Platinum Business Checking account

Fees shouldn’t be an issue if you’re doing the bonus because you need to keep at least $150,000 in it anyways.

The Bottom Line

Nice bonus! If you have the cash, this offer will give you a 3.20% APY return:

$2,000 / $250,000 = 0.80%
0.80% x 4 = 3.20%

You can actually get a ~6.40% because the offer terms allow you to make the deposit on Day 45 (you probably don’t want to cut it that close to the deadline) and hold it until 90 days after coupon enrollment.

Note that this is a different type of bonus than the standard Chase bank account opening bonuses. If you haven’t already, you can open a Chase Total Checking account for the bonus and then upgrade your account with this offer.

Chase considers this a separate type of bonus so you can do both – they’re on separate clocks. In other words, doing this bonus won’t make you ineligible for the other Chase checking and savings bonuses.

Editor’s Note: We’re not compensated for this article and any links contained within are not monetized.

17 thoughts on “Chase Private Client $2,000 Upgrade Bonus [Targeted]”

  1. I have several credit cards with Chase, also Total Checking and Chase Savings. I informed Chase my interest to deposit money for 2K or 3K bonus. I have been told the Code will be mailed to me but they never did. Is it for real?

    Reply
    • Hi Lee! I keep the list of the best bank bonuses updated along with this post. As soon as a new $2,000 or $3,000 bonus is available, I will let you know!

      You can tap on the orange heart icon button at the bottom right-hand corner of this post to be alerted when the bonus comes back.

      Reply
    • Hi Paloma! I keep the list of the best bank bonuses updated along with this post. As soon as a new $2,000 or $3,000 bonus is available, I will let you know!

      You can tap on the orange heart icon button at the bottom right-hand corner of this post to be alerted when the bonus comes back.

      Reply
    • Hi SD! I keep the list of the best bank bonuses updated along with this post. As soon as a new $2,000 or $3,000 bonus is available, I will let you know!

      You can tap on the orange heart icon button at the bottom right-hand corner of this post to be alerted when the bonus comes back.

      Reply
  2. Hi! Thank you for what you do! As much as I would love the 3k signing bonus for the Chase Private Client account, I’d settle for the 2k bonus. Can you pass on an eligible link or code for that?

    Thank you in advance!

    Reply
    • Hi Teresa! I keep the list of the best bank bonuses updated along with this post. As soon as a new $2,000 or $3,000 bonus is available, I will let you know!

      You can tap on the orange heart icon button at the bottom right-hand corner of this post to be alerted when the bonus comes back.

      Reply
    • Hi Big Dog!

      The last promo of $2,000 ended last month. Chase typically launches a new promotion a little while after the prior one ends. I’ll reach out to Chase to see if anything is in the works soon.

      Reply
  3. As of 12/21/2020, when I click on the enrollment link for the $3,000 offer I get transferred to a Chase page with the message:

    “You are not authorized to access this page.”

    Is this offer no longer valid? I though it was good through 1/15/2021?

    Reply

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