J.P. Morgan Referral Bonus For $700 (2025)


J.P. Morgan Chase friend referral bonus program code for a recommended friend or family member to open a new brokerage account


JP Morgan Referral Program Is Suspended


JP Morgan has suspended its referral program. If you want to be rewarded with up to 20 free stocks for referring clients to a brokerage, use Webull's Refer a Friend program instead.


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JP Morgan Referral



J.P. Morgan Referral Bonus


The JPM Referral Program provides benefits for both existing and new customers. Existing customers can earn a $50 bonus for each successful referral, and referrals get access to an attractive deposit bonus to help kick-start their new J.P. Morgan Investing account. Keep reading for more details.


J.P. Morgan Referral Program Details


If you have a J.P. Morgan Investing account and want to earn extra cash, the JPM Refer-A-Friend program might be a good fit for you.

The program allows current account holders to invite friends and family to the broker, and JPM is paying $50 for each new referral that opens and funds an account. The more you share, the more you earn.

That said, it is important to point out that the broker has an annual referral payout cap of $500. This means that as soon as ten of your referrals open and fund an account with the qualifying deposit amount, you’ll be at your maximum bonus payout for the year.


jp morgan referral bonus


Earning the Referral Bonus at J. P. Morgan


To take advantage of the referral bonus, all you need to do is generate a personal referral link and then share it. You can find the button to create the link on the referrals page of your account.

If you do not see the referral link button, it is likely that your account is still too new. It takes about 30 days after creating a J.P. Morgan Investing account for the referral link button to become active.


jp morgan referral


Once you have your link and share it, your referrals must use your link to create a new account. If they do not, you won’t get the bonus.

Referrals must also only open a J.P. Morgan Investing account since the other available account options are not included in the referral program. When the new investment account is open and active, the referral has up to 45 days to fund the new account with at least $200 to activate the referral bonus.

When all the requirements are met, J.P. Morgan pays the $50 bonus to the referrer within 15 days.


New Customer Welcome Deposit Bonus


As mentioned, referrers at JPM aren’t the only ones that benefit. New customers also have a welcome deposit bonus of up to $625. The welcome deposit bonus amounts are tied to three deposit size tiers.

The welcome deposit bonus details are as follows: a deposit of at least $25,000 earns a bonus of $125; a deposit of at least $100,000 earns a bonus of $300; and a deposit of at least $250,000 earns a bonus of $625.

It's important to note that the funds must originate from a non-Chase or non-J.P. Morgan account.


Updated on 3/1/2025.


Andrew Stein
About the Author
I work in investment analytics and have been investing in the market since I was in high school. I enjoy anything that involves lots of strategy (i.e. a good game of chess), which is why I was naturally drawn to investing and researching companies. Outside of investing, I’m a big fan of the outdoors. In summer, you’re most likely to find me kayaking, camping, and hiking in the mountains.