Chase Business Checking Bonus (Target).

Offer at a glance

• Maximum bonus amount:
• Availability:
• Direct deposit required:
• Additional requirements:
• Hard/soft pull:
• ChexSystems: Unknown
• Credit card financing:
• Monthly fees:
• Early account closure fee:
• Family boundary:
• Expiration date:

Offers

There is no direct link to provide, sent via email. The subject is ‘Great news, : You can earn $500 or up to $1,500 to help boost your small business’

• 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
  • $1,500 with $100,000 deposit
  • $750 with $20,000 deposit
  • $500 with $2000 deposit

Fine Press

• All bank account bonuses are treated as income/interest and as such you must pay tax on them

Avoidance of 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 $2,000
• $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

ANY

Our verdict

The $750 bonus is the same as the public bonusbut usually $500 bonus is only $300 and usually no $1500 bonus. Funds you only need to sit on the Chase Business Checking Account for 31 days (day 31 – day 60) instead of the full 60 days. If you have earned $100,000 in one account 5% APY you’d earn $424, so that’s only a small improvement over the $750 bonus (though you have to compare that to $80,000 in a 5% APY account to calculate the difference between the two). We will not add this to ours the best bank bonuses as is the target.

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