<prompt> Human: I received in the mail today an offer from chase as in sure a lot of people have for 500 if I open a saving account with 15,000 in it and keep it there for 90 days, and open a checking account with a direct deposit. I have enough in my capital one savings account to transfer the money and its just making 0.4, so theres no issue for that. I can also change my direct deposit to chase with affecting my current banks rewards program, so I dont see any issues with taking advantage of this. I just cant keep thinking there is a catch somewhere. Has anyone done this? If so, have you encountered any issues with closing the accounts after 90 days?  <response>: Theyll report the 500 to the IRS, so youll have to pay taxes on it. 