[Targeted] Chase Business Checking Bonus – Up To $1,500

Offer at a glance

• Maximum bonus amount:
• Availability:
• Direct deposit required:
• Additional requirements:
• Hard/soft pull:
• ChexSystems: Unknown
• Credit card funding:
• Monthly fees:
• Early account termination fee:
• Household limit:
• Expiration date:

The Offer

No direct link to offer, sent out via e-mail. Subject line is ‘Great news, <name>: 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 coupon enrollment & maintain that balance for 60 days from offer enrollment.
  • Complete 5 qualifying transactions within 90 days of account opening. Qualifying transactions are:
    • Debit card purchases
    • Chase QuickDeposit and QuickAccept
    • ACH (Credits)
    • Wires (Credits or debits)
• Deposit the minimum amount in new money shown above within 30 days of offer enrollment and maintain that balance for 60 days from offer enrollment  
  • $1,500 with $100,000 deposit
  • $750 with $20,000 deposit
  • $500 with $2,000 deposit

The Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

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

Other ways to waive the fee:

• $2,000 minimum daily balance
• $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 proof of military status

Reports indicate that Chase usually waives the fee for the first couple months.

Early Account Termination Fee

None 

Our Verdict

$750 bonus is the same as the public bonus, but normally the $500 bonus is only $300 and there is no $1,500 bonus normally. The funds only need to sit in the Chase business checking account for 31 days (day 31 – day 60) rather than the full 60 days. If you had the $100,000 in an account earning 5% APY you’d earn $424, so this is only a slight improvement compared to the $750 bonus (although you should compare to $80,000 in a 5% APY account to account for the difference between the two). We won’t add this to our best bank bonuses as it’s targeted. 

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times