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The following info was posted by jigar657 on SD:
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Thank you for choosing Chase for your new checking account. Now you can make your banking even easier and more convenient by adding FREE Direct Deposit! With Direct Deposit of your paycheck to your Chase checking account, you'll enjoy immediate access to your money on payday--no more waiting for your check to clear, no more trips to the bank to deposit your check.
1. Visit www.Chase.com/GET50 to sign-up for this offer.
A repeating Direct Deposit must be initiated and the first deposit must post to your Chase
checking account by 10/02/07 to receive the bonus.
2. Enter Promo Code: BPIWP
3. Complete the Sign-Up Form and give it to your employer with a voided check.
For Social Security checks, visit godirect.org to sign-up or give the completed form to a Chase Banker and we'll handle all the details.
If you have questions about Direct Deposit, visit a Chase branch or call 1-800-CHASE24
(1-800-242-7324).
"""
Source: forums.slickdeals.net/showthread.php?p=7720728
Terms from the bank website as of 8/25/07:
A repeating Direct Deposit must be initiated and the first deposit must post to your Chase checking account by the expiration date on your letter or e-mail to receive the bonus. Limit one Direct Deposit related award/premium per customer, per calendar year. Offer not valid in combination with any other offer. Cash bonus will be automatically deposited into your Chase checking account 6-8 weeks after the initial Direct Deposit. Cash bonus is considered interest and will be reported on IRS Form 1099-INT.