Chase Business Checking Bonus

The popular Chase business checking bonus is back up, and one that many will be interested in. I will also encourage you to open this one in branch if you can, but I'll go into more detail on why in a bit. The bonus goes as high as $750, but that may not be the best option. Don't forget that there is a lucrative $900 personal checking and savings bonus going on with Chase too.

Update 11/25/24: This offer has been extended.

Chase Business Checking Eligibility Requirements

Here are the rules to know if you are eligible for the Chase business checking bonus or not:

• Checking offer is not available to existing businesses with Chase business checking accounts, local, state or Federal Government entities or agencies, Not for Profit organizations, Political Action Committees, or those with campaign or other political accounts, or whose accounts have been closed within 90 days or closed with a negative balance within the last 3 years from account opening. 
• Signers can receive one new business checking account opening-related offer every two years from the last offer enrollment date.
• Offer expires 1/16/25

Business Checking Bonus Details

Here are the details for the Chase business checking bonus(es):

• Open:
  • Visit a branch or chase.com/business and open a new Chase Business Complete Checking^®  account. To open a Chase Performance Business Checking^® (or Chase Performance Business Checking^® with Interest) account or Chase Platinum Business Checking℠ account, please visit a branch. Accounts are subject to approval.
• Fund:
  • Fund a minimum deposit of new money within 30 days of offer enrollment and maintain that balance for 60 days from offer enrollment.
    • Earn $300 for funding $2,000
    • Earn $750 for funding $30,000
      • I think the $300 offer gives you more bang for your buck
• Maintain:
  • Maintain that balance for 60 days from the offer enrollment. The new money cannot be funds held by your business at Chase or its affiliates; and
• Complete:
  • Complete 5 qualifying transactions within 90 days of offer enrollment. Qualifying transactions are:
    • debit card purchases
    • accepting credit and debit card payments with QuickAccept^®
    • Chase QuickDeposit℠
    • ACH (Credits)
    • wires (Credits and Debits)
    • Chase Online℠ Bill Pay. 
  • ACH (Debits), Person to Person payments such as Zelle® and online transfers to Chase credit card(s) are not considered qualifying transactions.
• After you have completed all the above checking requirements, we'll deposit the offer amount in your new account within 15 days. 

How To Keep Your Checking Account Fee Free

Here is how you get the $15 Chase business checking account fee waived each month:

• Maintain a $2,000 deposit minimum daily balance
• Spend at least $2,000 on purchases with a Chase Ink^® business credit card
• Receive $2,000 in deposits from QuickAccept transactions or other eligible payment solutions
• Link a Chase Private Client checking account
• Provide valid, qualifying proof of military status (active or veteran)

Link To $750 Chase Business Checking Offer

Why I Would Do This In Branch

Business checking accounts have a lot more governmental scrutiny and oversight than anything else. Because of that, picking the proper business designation, of the hundreds offered, is extremely important. I tried to open this online a few years back and ran in to all kinds of trouble. I needed to make several phone calls and visit multiple branches to get it straightened out. It involved the Know Your Customer department, who rarely answers the phone by the way, and me banging my head against the wall. It ended up taking me 4x-5x longer than it would have if I had just signed up with a banker in the first place. If you want to hear more about the story, you can read it here.

My Personal Experience

I wanted to take a quick second to share my personal experience signing up for this offer. I went in branch, as encouraged above, and met with a business banker to get the account set up. It took about 30 minutes in total to get the account set up and the first deposit made. It probably helped that I already had an account set up with Chase and that they had all of my info. I also set up an appointment ahead of time online to ensure I didn't need to wait at all. I decided to go with the $400 bonus (now $300) since I thought it offered better value. Now, I just await my debit card to arrive so I can do 5 Amazon loads to trigger that requirement.

Link To $750 Offer

Chase Business Checking Bonus: ToP Thoughts

While this $300 – $750 Chase business checking bonus isn't as good as the $400 offer from a few months back, it is still a solid offer for locking up $2,000. You could also go for the $750 if that one works better for you. If you pair this up with their $900 personal checking and savings offer you are looking at a quick $1200 – $1650 per person. Not too shabby!

Let me know if you plan on going after this bonus in the ToP Facebook Group.