Chase Business Complete Checking: $750 Bonus Promo

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Run a small business? Chase Bank has a Business Complete Checking account promotion offering $750 bonus for new customers. You enter your e-mail address, and you should be sent a unique promo offer code for your online application. Some of the language suggests you should reside near a physical Chase branch, but the link lets you apply online. If you already have a Chase business credit card or other Chase business profile, the application can be pre-filled. Here are the requirements for the bonus:

  • Open a new Chase Business Complete Checking account with your offer code. This offer expires 7/23/21.
  • Deposit a total of $10,000 or more in new money within 30 days of coupon enrollment and maintain a $10,000 balance for 60 days.
  • Complete 25 qualifying transactions within 90 days of coupon enrollment. Qualifying transactions include debit card purchases, Chase QuickAccept deposits, Chase QuickDeposit, ACH (Credits), wires (Credits and Debits).

Note the following fine print:

* You can receive only one new business checking account opening related bonus every two years from the last enrollment date and only one bonus per account.

If the checking account is closed by the customer or Chase within six months after coupon enrollment, we will deduct the bonus amount for that account at closing.

Avoid the $15 monthly service fee on Business Complete Checking when you do at least one of the following each statement period.

  • Maintain a minimum daily balance of $2,000 in your account as of the beginning of each day of the statement period; OR
  • Spend at least $2,000 in purchases (minus returns or refunds) using your Chase Ink® Business Card(s) that shares a business legal name with the Chase Business Complete Checking account, using each of their most recently completed monthly card billing period(s); OR,
  • Deposit $2,000 into your Chase Business Complete Checking account from your QuickAccept and/or other eligible Chase Merchant Services transactions at least one business day prior to the last day of your bank account statement period; OR,
  • Maintain a linked Chase Private Client Checking? account.

Sole proprietorships and single-member LLCs are eligible (see below). If the application process is similar to their business credit cards, they may ask for documentation such as Articles of Incorporation.

Note: Only privately held businesses structured as sole proprietorships, corporations or limited liability companies (LLCs) managed by a single member or manager can apply online at this time.

Bottom line. If you run a small business, Chase is offering a very solid bonus on their Complete Business checking account. You can earn a $750 cash bonus with a $10,000 deposit held for 60 days, generating 25 transactions, and maintaining a $2,000+ balance for another 4 months after that to avoid the monthly service fees. In today’s low interest rate environment, even keeping $100,000 in a business savings account for an entire year may not generate that much interest. (The bonuses are considered interest and will be reported on IRS Form 1099-INT.)

Hat tip to Doctor of Credit.

My Money Blog has partnered with CardRatings and Credit-Land for selected credit cards, and may receive a commission from card issuers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

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