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Chase is giving wealthy millennials as much as $1,200 in rewards to sign up for a checking account based on its most popular card

San Francisco Chronicle
Chase is giving wealthy millennials as much as $1,200 in rewards to sign up for a checking account based on its most popular card

Chase announced this week it will offer 60,000 Ultimate Rewards points to customers who open up a new Sapphire Banking account — worth as much as $1,200.  But, to be eligible, customers must hold $75,000 in deposits or investments with Chase. Current Chase checking customers can upgrade for $25.  This is the latest gambit by Chase to lure in wealthy millennials with its Sapphire brand, which started with credit cards and has also experimented with mortgages. First it was credit cards, then it was mortgages, and now it's a checking account: JPMorgan Chase is sweetening its Sapphire offering targeted at rich millennials even more, giving as much as $1,200 in rewards to customers who open a premium