*Expired*
Targeted for select users via direct mail/email, Chase is now offering a $500 Bonus when open a new Chase Performance Business Checking account valid through September 13th, 2016. In order to receive the $500 bonus, you must deposit $500 within 10 days of opening the new account, maintaining that minimum balance for at least 60 days. This is great for small business owners who are looking to open up a Chase Business Checking account, while also getting a little extra. Make sure you bring along your coupon to the bank with all the minimum requirements of opening a business such as DBA, EIN, and other forms of proof for your business. Find all of the latest Chase bonuses on the HMB master list of Chase Bank Promotions.
Editor’s Note: I personally have a Chase Business Account along with the many benefits. In order for anyone to sign up a business checking account, you must have a Doing Business As(DBA) from the State and an EIN Tax ID from the IRS.
U.S. Bank Smartly® Checking: Earn up to $700 when you open a new U.S. Bank Smartly® Checking account and a Standard Savings account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through June 27, 2024. Member FDIC. Apply Now---U.S. Bank Checking Review | |
BMO Relationship Checking: Earn $400 cash bonus when you have a total of at least $7,500 in qualifying direct deposits within the first 90 days. Learn More---BMO Relationship Checking Review |
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Truist Checking: Earn $400 cash bonus when you receive at least one qualifying Direct Deposit of $500 or more AND complete at least 15 qualifying debit card purchases within 90 days of account opening. Learn More---Truist Checking Review | |
Barclays Savings Account: New Barclays Savings customers can earn a $200 bonus after depositing $25,000 plus 4.35% APY for all balances. Offer ends May 3, 2024. Learn More---Barclays Savings Review |
Chase Bank Business $500 Bonus Info:
- Coupon Link – Targeted
- Account Type: Chase Performance Business Checking
- Availability: Nationwide (Bank Locator)
- Expiration Date: 9/13/2016
- Credit Inquiry: Soft Pull.
- Opening Deposit: $500
- Credit Card Funding: Yes.
- Direct Deposit Requirement: No.
- Monthly Fee: $20 monthly fee, (Waivable)
- Additional Requirements: You must deposit $500 within 10 business days of account opening and maintain that balance for 60 days.
- Closing Account Fee: Bonus may be debited from your account if you close it within a 6 month time period.
How To Earn Chase $500 Business Bonus:
- Print out for a new Chase Performance Business Checking account before the deadline of September 13, 2016.
- To earn the $500 bonus, you must establish a $500 deposit within 10 business days of account opening.
- Once you reached the minimum amount, maintain the balance of $500 for at least 60 days before receiving your rewarded amount.
- Bonus will be posted into your account 10 days after you reached the requirements.
- Maintain the account in good standing for at least 6 months before closing, otherwise your bonus will be removed from your bank account.
Within 60 business days after your initial direct deposit, Chase will credit $500 into your account. Other important details located in the fine print includes:
- Offer is not available for chase users who recently closed the account in the past 90 days.
- Subject listed 1 bonus per calendar year.
- Chase reserves the right to withdraw this promotion without notice.
- This offer is not available on account conversions or in combination with any other offers and cannot be transferred to other accounts.
How to Waive the Monthly Fee:
- Chase Performance Business Checking: Monthly service fee of $20 is waived when you maintain qualifying business deposit balances of $50,000.
Bottom Line:
There are account fees you have to be careful for, and be cautious because this is a targeted offer. In order to get the $300 bonus, you must establish either a Chase Total Business Checking account or Chase Performance Business Checking account. Deposit $500 within 10 days, and maintain the balance for at least 60 days. For small business owners, I highly recommend using chase in order to receive the best quality banking services for your business. Want more? You may way to check out our full Business Bank Bonus list for all offers!
The Ink Business Preferred® Credit Card offers 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase TravelSM. You'll earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year; 1 point per $1 on all other purchases - with no limit to the amount you can earn. Furthermore, points are worth 25% more when you redeem for travel through Chase TravelSM. This card does come with a $95 annual fee but does not have any foreign transaction fees. |
Nikole says
You would sign up as a sole proprietorship, which uses your social security number as an EIN and your name as the business name. Tell them you sell items on eBay.
Hope this helps,
Nikole
Himanshu Gupta says
Can an individual set up this Chase Biz account OR do I need to have a business for the same?
Nikole says
You should be able to do so as once you receive the bonus. I was able to do this with the 200 total checking and downgraded to the College checking after the the bonus posted.
Hope this helps,
Nikole
JT says
I just opened the Chase Performance Biz – any data points on downgrading it to Total Biz after the bonus hit? Easy to keep the Total fee free.