[Expired] Chase Business Checking $500 Online Bonus (No Direct Deposit Required)

Deal has ended, view more bank account bonuses by clicking here.

Update 5/10/22: Better offer now found here.

  • Maximum bonus amount: $500
  • Availability: Nationwide
  • Direct deposit required: None
  • Additional requirements: Deposit $10,000 in new to Chase funds; 5 qualifying transactions
  • Hard/soft pull: Soft
  • Credit card funding: $500, but codes as cash advance
  • Monthly fees: $15, waivable
  • Early account termination fee: Bonus taken back if closed within six months
  • Expiration date: July 21, 2022

The Offer

Direct Link to offer (open incognito if link doesn’t work)

  • Chase is offering a $500 bonus when you open a Chase Business checking account and complete the following qualifications:
    • Fund a minimum deposit of $10,000 in new money within 30 days of offer enrollment and maintain that balance for 60 days.
    • Complete 5 qualifying transactions within 90 days of offer enrollment. Qualifying transactions include debit card purchases, Chase QuickAccept deposits, Chase QuickDeposit, ACH (Credits), wires (credits and debits), Chase Online Bill Pay

 

The Fine Print

  • Your bonus will be deposited within 15 business days
  • Account must stay open for six months, otherwise bonus is forfeited
  • 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
  • Checking offer is not available to existing Chase business checking customers, local, state or Federal Government entities or agencies, Not for 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
  • All bank account bonuses are treated as interest, as such you must pay taxes on them.

Avoiding Fees

This offer is for the Business Complete Checking account. Monthly fee is $15 which can be waived with one of the following:

  • 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)

Early Account Termination Fee

Accounts need to be kept open for a minimum of six months, otherwise the bonus will be forfeited.

Our Verdict

There have been occasional $750 Chase business checking bonuses, but those are typically only for Private Clients or as a targeted deal. This offer is publicly available and works for accounts opened online. It’s easy enough to keep the account fee-free with the $2,000 deposit requirement or the $2,000 INK spend requirement.

We’ve added this bonus to our list of the best business bank bonuses.

Hat tip to reader Eric
    Chuck
  • On April 15, 2022, 12:12
Tags: chasechase businessnationwide bank bonuses

View Comments (106)

    • Is there anything we should know about the qualifying transactions? Do they have to code as direct deposit?

  • What's the best way to move money out? Seems you pay for ACH transfers. Just initiate from another bank a pull?

  • Opened on 4/26/22
    4/26 – $11K check to account
    5/1 – 5/20 amazon, some basic purchases
    6/28 -$500 bonus pending

  • Opened on 4/20/22
    4/22 - $10K ACH in
    5/2 - 5 $0.50 Amazon Reloads to debit card
    6/28 -$500 bonus pending

  • New to this, does depositing 10k+ trigger alert to IRS? i have a target ad for 20k for $750 but dont want to have to fill any forms to IRS for depositing large lump sum. Thanks to anyone who can answer!

    • Only if you deposit cash and I don’t think it is actually to IRS but they can file a suspicious activity report (SAR). If you are not using hundred dollar bills but some kind of transfer check etc then NO

  • Opened it in person, P1 and P2 as we both have side businesses Did as Sole Prop and had no problem. The person who helped us was super nice.

    The issue I ran into so far is funding my P1 account, they stopped the money transfer and I had to do a three way call with the external account but the Chase person would not wait on the line more then a few minute for someone to pick up, which these days its a good 15+ minutes till someone picks up. So going old school and writing a check out to fund it.

    As its my first impression, and their customer service was poor, not a good start to me using the account long term.

    • Did you pull from Chase's side or push into it from another bank? If pulling from Chase side, never do that, because they love to do what they did to you to lots of other people too (myself included).

      • Good question, it was another bank, which is odd since its My Capital One and I never had that happen before. Also I have been with Chase for decades and its so odd to have such poor service on the business end , especially since this was normal banking hour I called.

  • “Important: It looks as if you’re an existing Chase Business customer.”

    What to do here?

  • I received a Chase offer: Chase Business Complete Checking

    Earn $750
    when you open a Business Complete Checking account. For new Chase business checking customers with qualifying activities.*

    Offer Expires 07/21/2022

    Where do we email screenshots?

    Chase Business Complete CheckingSM has a $15 Monthly Service Fee unless you maintain a linked Chase Private Client CheckingSM account, are a current service member or veteran of our nation's military with a valid military ID or proof of military service, OR fulfill at least one of the following qualifying activities for each Chase Business Complete Checking account: 1) Maintain a minimum daily balance of at least $2,000 in your account each day of the statement period. The Minimum Daily Balance must be maintained as of the beginning of the day for each day of the statement period. 2) Spend at least $2,000 using your Chase Ink® Business Card(s) on purchases. The business legal name on Chase Ink® Business Cards and Chase Business Complete Checking accounts must be the same. Qualifying activity will be based on aggregated spending (minus returns or refunds) on each Chase Ink Business Card, for the prior monthly card billing period(s). 3) Deposit at least $2,000 into your Chase Business Complete Checking account from one or more of the following: Chase QuickAcceptSM transactions, and/or transactions from eligible Chase Merchant Services, and/or eligible InstaMed products. Eligible Chase Merchant Services products include only those where the transaction history can be viewed through Chase Business Online, Chase Connect®, or J.P. Morgan Access®. Eligible InstaMed products are InstaMed Patient Payments and InstaMed Patient Portal. All of these transactions are net of chargebacks, refunds, or other adjustments. The cutoff time for your eligible Chase Merchant Services account is the last business day of the checking account statement period at 7:00 a.m. Eastern Time. For example, if your monthly bank account cycle ends on November 30, your eligible Chase Merchant Services account cutoff for deposits into your Chase Business Complete Checking account is 7:00 a.m. Eastern Time on November 30. The cutoff time for your eligible InstaMed debits or credits is the last business day of the checking account statement period at 11:59 p.m. Eastern Time. For example, if your monthly bank account cycle ends on November 30, your eligible InstaMed account cutoff for deposits into your Chase Business Complete Checking account is 11:59 p.m. Eastern Time on November 30. Chase QuickAccept is only available within the Chase Mobile® app on select mobile devices and is not available in U.S. territories or outside the U.S. Usage of QuickAccept subject to eligibility, terms of service, monitoring and further review. Deposits are subject to limits, verification, fraud monitoring, and other restrictions. Message and data rates may apply.

    • I received the $750 offer as well. I see it when I sign into my business card, then click on the account to view more details, transactions, etc.
      It requires $20K deposit and rest of the terms are the same as the public $500 offer. Well worth it in my opinion.
      You really only need to have your money there 30-60 days. (I.e. the terms say to leave the money there for " 60 days from offer enrollment" meaning as little as 30 days depending upon when you make the deposit.) Personally I'll try to get the money deposited within 15 days and then leave it until I receive the bonus. (15 days after meeting requirements per terms.) All in all money should be there ~ 60 days and I won't have to sweat the small timing details. (More than I already have)

      Note: I would share the link, but 1: I don't want it shutdown before I sign up. 2. I'm not sure if this might be a custom link just for me.

  • Did anyone try to do 5 amazon reloads for $0.5? Will it meet the requirement for 5 QUALIFYING transactions?

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