Thanks Vivyip for letting me know about the bonus!

LINK

Terms from the bank website as of 1/31/07:

Deposit $5,000 in new money and ask a banker to set up automatic monthly transfers of $100 or more from your Chase checking account to your Chase Savings account and complete three consecutive automatic monthly transfers. We'll automatically deposit $50 into your Chase personal savings account.


Offer valid 1/2/2007 through 2/28/07. An initial deposit of $5,000 in new money (money not currently held at Chase or its affiliates), and establishment of automatic monthly transfers of $100 or more in Chase's Automatic Savings Program from your Chase personal checking account to your Chase personal savings account are required to qualify for the offer. Limit one automatic monthly transfer-related reward/premium per customer/per calendar year. Offer not available on account conversions or in combination with any other offer. Cash bonus will be automatically deposited into your Chase personal savings account within 4-6 weeks after making your initial deposit and after completion of your third consecutive automatic monthly transfer.