Chase has a great deal – $125 signup bonus when you open a new free checking account with them online or at a branch. Even better, if you know someone who can refer you – you can get an extra $25 on top of that.

To see the offer you need to be logged into a chase account.

As usual, there are things you should know:

1. You need $100 to open this account
2. Valid From 1/1/08 – 5/31/08
3. The first deposit must be within 60 days of your account opening
4. You can expect the $125 bonus within 60 days (faster than our Bank Of America payment then!)
5. You have to keep the account open for 6 months
6. It’s free as long as you keep a direct deposit going in there every month – otherwise expect to pay $8 monthly

When you open the account make sure you cancel the checks they will want to send you – it costs $23 to send them out….