Chase Business Total Checking up to $1,500 (No Direct Deposit Required)

Update 5/16/26: Extends through 7/31/26. I assume the $500 on $2,000 deposit bonus will end on 5/31/26, as it is for small business month?

Update 1/5/26: This is now up to $1,500 and similar to the target bonus of $1,500. There is also one Direct link offer for $500 bonus on $2,000 deposit.

Offer at a glance

• Maximum bonus amount: 300 – 750 dollars
• Availability: Nationwide – online or in branch
• Direct deposit required: No.
• Additional requirements: Deposit $2,000 – $100,000 and keep it for 60 days + 5 transactions
• Hard/soft pull: Soft
• ChexSystems: No.
• Credit card financing: $500 but cash advance codes
• Monthly fees: $15, avoidable
• Early account closure fee: Six months, loss of bonus ANY
• Family boundary: ANY
• Expiration date: August 3 October 19, 2023 January 18, 2024 October 17, 2024

Offers

Direct link to the offer (best link for $500, $2000 deposit offer)

• Chase is offering some a business checking bonus of up to $1,500.
  • Deposit new money within 30 days of registering the coupon and keep that balance for 60 days from registering the offer.
  • Complete 5 qualifying transactions within 90 days of account opening. Qualifying transactions are:
    • Debit card purchases
    • Follow QuickDeposit and QuickAccept
    • ACH (credits)
    • Wire (credit or debit)
• Deposit the minimum amount in new money shown above within 30 days of registering the offer and maintain that balance for 60 days from registering the offer

Fine Press

• Eligibility: Open a Chase Business Complete CheckingSM, Chase Performance Business Checking® (or Chase Performance Business Checking® with interest), or Chase Platinum Business CheckingSM account.
• Offer code is good for one time use.
• Account Opening: Enter the offer code in the Electronic Voucher Application after opening the account. The bonus will be deposited within 15 days after all conditions are met.
• Electronic Voucher Receipt: Print and give to the customer.
• Bonus/Account Information: The checking offer is not available to existing Chase customers who control business, local, state or federal government entities or agencies, non-profit organizations, political action committees or those with campaign accounts or whose accounts have been closed within 90 days or closed with a negative balance within the last 3 years.
• You can only receive one new bonus for opening a business checking account every two years from the last date of registration and only one bonus per account.
• To receive the Business Checking Bonus: 1) Open a new Chase Business Complete CheckingSM, Chase Performance Business Checking® (or Chase Performance Business Checking® with interest) or Chase Platinum Business CheckingSM account, which is subject to approval; 2) Deposit a total of $10,000 or more in new money into your new checking account within 30 days of coupon registration; and 3) Maintain at least a $10,000 balance for 60 days from coupon registration. The new money cannot be funds held by your business at Chase or its affiliates. 4) Complete 5 qualifying transactions within 90 days of coupon registration. Qualifying transactions are: debit card purchases, Chase QuickAcceptSM Deposits, Chase QuickDepositSM, ACH (Credit), wires (Credit and Debit). Once you have completed all the above verification requirements, we will deposit the bonus into your new account within 15 days. Coupon is good for one time use. Employees of JPMorgan Chase Bank, NA and our affiliates are not eligible. Chase reserves the right to withdraw this offer at any time without notice.
• Account Closure: If the checking account is closed by the customer or Chase within six months of coupon registration, we will deduct the bonus amount for that account on closure.
• Chase Business Complete CheckingSM has a monthly service fee of $15 unless you fulfill at least one of the following qualifying activities: 1) Maintain a minimum daily balance of $2,000 in your account as of the beginning of each day of the statement period, 2) Spend at least $2,000 in purchases (minus returns or refunds) that share your business (Insek) with a legitimate business (Insek) with your business. Business Complete Checking Account, using each of their card’s most recently completed monthly billing periods, 3) Deposit $2,000 into your Chase Business Complete Checking account from your QuickAcceptSM and/or other eligible Chase Merchant Services transactions at least one business day before the last day of your bank statement period, or 4) Maintain a linked checking account to the customer.SMva. Product terms may vary. Eligible Chase Merchant Services products include only those where transaction history can be viewed through Chase Business Online, Chase Connect® or JP Morgan Access.
• Bonuses are considered interest and can be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).

Avoidance of fees

Monthly fees

Chase Total Business Checking com has no monthly fee when you maintain a minimum daily balance of $2,000 or more. Otherwise, a monthly service fee of $15 will apply.

Other ways to waive the fee:

• Minimum daily balance $2000
• $2,000 in net purchases on your Chase Ink^® business card(s)
• $2,000 in deposits from Chase QuickAccept℠ or other eligible Chase Payment Solutions transactions
• Link a Chase Private Client Checking℠ account
• Provide qualifying evidence of military status

Reports indicate that Chase typically waives the fee for the first two months.

Early account termination fee

Accounts must be kept open for at least six months; otherwise, the bonus will be forfeited. ANY

Our verdict

We saw $750 down offer with a $20,000 lower deposit requirement. The high-interest environment we’re in makes the deal less enticing since the money won’t earn interest while it’s in the Chase account.

Funds you only need to sit on the Chase Business Checking Account for 31 days (day 31 – day 60). In the end, you’ll likely end up losing $100-$250 in interest (assuming a 4-5% interest rate on a high-yield savings account). Some people may prefer to make the $300 minimum with only $2,000 required.

When I tried to do this a few months ago, there was something about my type of business that was not suitable for opening online, and I decided not to go to the branch. The offer is now worse with the higher deposit requirement, so I’ll miss this one. It could still be a good deal for someone interested.

Unfortunately, you don’t qualify for this bonus if you’ve received a Chase business checking bonus within the last two years, so it won’t work for everyone. There used to be a clause that you had to keep the account for 6 months before being closed, but I think (?) Chase has removed that from all their bonuses now.

Useful posts about bank bonuses:

History of the deal:

• Update 2/2/26: Offer back through 05/14/2026. Hats off to him FRANFLIXUpdate 9/29/25: There’s a new link with a fixed promo code, don’t think we’ve seen this before. The deposit requirement is now $20,000 instead of $30,000. Hat tip to the reader nycdpjUpdate 8/26/25: New live link $750, valid until 16.10.25. (ht nycdpj)

  Update 4/8/25: We currently do not have a link for the $750 offer. There is a $500 offer (details here) which some may prefer.

  Update 3/18/25: Offer back through 04/17/2025. Hat tip to the reader block

  Update 11/21/24: New link shows end date 01/16/2025. Hats off to him Mike

  Update 7/15/24: New connection shows extended expiration date of 10/17/24 (ht Eric)

• Update 5/29/24: Added a new job link.
• Update 4/6/24: extended to 7/22/24
• Update 1/21/24: Offer is back and valid through 4/18/2024.
• Update 1/7/24: New connection has the lowest level with a higher bonus of $400 (instead of $300). This $400 link expires 1/18/24. The $750/$300 link is still scheduled to expire on 1/18/24. (ht for the money maker reader)
• Update 11/29/23: Now available online in this connectionvalid until 18.01.24
• Update 11/23/23: The deal is back, but this time in the branch.