As one of the nation’s largest banking institutions, Chase Bank has always shown us exactly why they deserve that title. Chase consistently gives their customers and clients whatever they need to succeed. They are a global banking institution, meaning that they cover everything from commercial banking and deposit accounts, all the way to investment banking.
In addition to providing Chase credit cards with great rates, they also offer a variety of checking accounts for any size business. Whether you’ve just started a small family run company, or seeking to expand your corporation to new lengths, they’ll have one perfect for your banking needs!
To learn more about why you should get a business checking about, be sure to read our Advantages of a Business Checking Account. If you want to learn more about their Requirements, Benefits, Cash Flow Management & More, be sure to keep reading!
 • Earn up to $500 when you open a new Chase Business Complete Checking® account. For new Chase business checking customers with qualifying activities. • Multiple ways to waive the $15 Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card. • Full-service business banking. Convenient access to all your business banking services in one place -- lending, checking, credit card and payment solutions. • Your choice of payment types. Choose from a full range of options for accepting payments and making deposits that include Zelle®, Online Bill Pay, wire transfers and ACH payments. • Convenient access to payment processing. Process all major debit and credit cards with QuickAccept®. It's a built-in feature with your Business Complete Checking account. • Get support you can rely on. Get access to our customer support team, plus a wide array of solutions that carter to every stage of your business • Full-featured banking online and on-the-go. Manage your business' finances on your terms with the latest online and mobile banking technology. • Associate Debit and Employee Deposit Cards available upon request |
Requirements
To get started, all you have to do if figure out what kind of business you want to run. Whether you want to start out small or create a corporation right away, you’ll need to have all the paperwork before can start earning income as a separate entity. For every business, you will need to know:
- Two forms of ID including at least one issued by the government such as a State issued driver’s license or Passport.
- Tax Identification Number or social security number, ITIN (non US Citizens), or Employer Identification Number (EIN).
Make sure you keep reading to figure out what type of business you want to run. If you need help getting started, be sure to check out our Simple & Reliable Solutions for Your Business!
Sole Proprietorship
All owners, trustees, or agents plus anyone being added as an authorized signer needs to be present when opening the account. Starting a business by yourself may be difficult to fund, so if you need help, be sure to read our Ways to Get the Most Out of Your Bank! In addition to your two forms of ID, and tax identification number, you will need:
- Business Documentation: Varies based on the State of Organization, excludes
- Supplemental Documentation: Assumed Name Application or Filing Receipt, application to publish the assumed name in a newspaper, published newspaper entry, business license
Partnership
To get started, you must have all authorized partners present when opening the account. In addition to your two forms of ID, and tax identification number, you will need:
- Written partnership agreement or joint venture agreement, assumed name certificate plus website validation.
- Basic business information including business address and phone number, number of locations, where your products or services are sold, location of suppliers and vendors, annual sales, number of employees, and anticipated amount of transactions and volumes processed through your new account.
- Supplemental documentation including an amendment to the Partnership Agreement or Joint Venture Agreement, letter on company letterhead listing the current general partners, or annual report may be requested.
Unincorporated Business Association Or Organization
To get started, you must have an authorized representative plus anyone that will be an authorized signer on the account needs to be present when opening the account. In addition to your two forms of ID, and tax identification number, you will need:
- If the organization or association is using their own EIN, articles of association, charter document validating existence, and IRS Confirmation of EIN Issuance is required.
- If the organization or association is using EIN of national or regional organization, a letter of authorization from national or regional office is required.
- Assumed Name Certificate (varies by state)
- Basic business information including business address and phone number, number of locations, where your products or services are sold, location of suppliers and vendors, annual sales, number of employees, and anticipated amount of transactions and volumes processed through your new account.
- Supplemental documentation may be required including a letter on organization or association letterhead or meeting minutes listing the current officers.
Limited Liability Company (LLC)
To get started, you must have all members or managers of the LLC plus anyone that will be an authorized signer on the account needs to be present when opening the account. In addition to your two forms of ID, and tax identification number, you will need:
- Certified Articles of Organization (Certificate of Formation) that has been filed with a state agency.
- Website validation
- Assumed Name Certificate (varies by state)
- Basic business information including business address and phone number, number of locations, where your products or services are sold, location of suppliers and vendors, annual sales, number of employees, and anticipated amount of transactions and volumes processed through your new account.
- Documentation listing the current members or managers of the LLC may be required.
Corporation
To get started, you must have an authorizing representative (President, Secretary, Assistant Secretary, or Acting Secretary) plus anyone that will be an authorized signer on the account needs to be present when opening the account. In addition to your two forms of ID, and tax identification number, you will need:
- Business documentation filed with State Agency: Certified Articles of Incorporation, Website Validation, Active Status Verification.
- Assumed Name Certificate (varies by state)
- Documentation listing the current officers of the Corporation (such as a letter on company letterhead, meeting minutes, or annual report) may be required.
- Basic business information including business address and phone number, number of locations, where your products or services are sold, location of suppliers and vendors, annual sales, number of employees, and anticipated amount of transactions and volumes processed through your new account.
- Additional information from owners/shareholders and individuals holding key roles may be required.
Chase Business Checking Accounts
Chase currently offers 3 different types of Business Checking accounts. The best one suited for you will be determined by the type of business you own. All of them require a $25 minimum opening deposit. The ones that Chase offers are as follows:
Chase Total Business Checking – Small Businesses
Benefits
- 100 free transactions each month.
- Unlimited electronic deposits.
- No fee for up to $5,000 in cash deposits each month.
• Earn up to $500 when you open a new Chase Business Complete Checking® account. For new Chase business checking customers with qualifying activities. • Multiple ways to waive the $15 Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card. • Full-service business banking. Convenient access to all your business banking services in one place -- lending, checking, credit card and payment solutions. • Your choice of payment types. Choose from a full range of options for accepting payments and making deposits that include Zelle®, Online Bill Pay, wire transfers and ACH payments. • Convenient access to payment processing. Process all major debit and credit cards with QuickAccept®. It's a built-in feature with your Business Complete Checking account. • Get support you can rely on. Get access to our customer support team, plus a wide array of solutions that carter to every stage of your business • Full-featured banking online and on-the-go. Manage your business' finances on your terms with the latest online and mobile banking technology. • Associate Debit and Employee Deposit Cards available upon request |
Chase Performance Business Checking – Medium Businesses
Benefits
- There is a monthly service fee of $30 that is waived when you maintain an average daily balance of $35,000 in qualifying business deposit accounts.
- 250 free transactions each month.
- Unlimited electronic deposits.
- Unlimited incoming wires plus 2 outgoing domestic wires with no fee per statement cycle.
- No fee for up to $20,000 in cash deposits each month.
- No charge for Positive Pay and Reverse Positive Pay.
 | Chase Performance Business Checking® |
Chase Platinum Business Checking – Large Businesses
Benefits
- There is a monthly service fee of $95 that is waived when you maintain an average daily balance of $100,000 in in qualifying business deposit and business investment accounts.
- 500 free transactions each month.
- Unlimited electronic deposits.
- Unlimited incoming wires plus 4 outgoing domestic wires with no fee per statement cycle.
- No fee for up to $25,000 in cash deposits each month.
- No charge for Positive Pay and Reverse Positive Pay
- Reduced balance requirement for Chase Private Clients
- Monthly service fee waived on a linked Chase Business Premier SavingsSMaccount
| Chase Platinum Business Checking® |
Cash Flow Management
Whether you need to accept payments in your store, online, or on-the-go, Chase has the right solution, no matter how your customer wants to pay. With their Chase Payment Solutions, they offer solutions to help you accept card payments at the counter, on the go and online. Chase also offer lending products that can help you manage cash flow and prepare for opportunities.
Chase Business Account Coupons
Before you open your new business checking account, be sure to check out if Chase has a coupon when you begin a new account. Chase is usually always offering some type of coupon promotion, so definitely take advantage of that before the offer expires. Sometimes, Chase will even offer a cash bonus for opening a business checking account. If you want to learn more be sure to check out our complete list of Chase Coupons Bonus Promotions.
Business Card Options
 The Ink Business Preferred® Credit Card offers 90,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash back or $1,125 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. |
 The Ink Business Unlimited® Credit Card offers $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. You'll earn an unlimited 1.5% cash back on every purchase made for your business and you'll receive employee cards at no additional cost. This card carries no annual fee. |
 The Ink Business Cash® Credit Card offers $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening. You'll earn: • 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year • 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year • 1% cash back on all other card purchases with no limit to the amount you can earn. This card comes with no annual fee. You'll be able to take advantage of employee cards at no additional cost. |
Bottom Line
Now that you know all the features that Chase has to offer, consider banking with Chase to open your new checking account. With amazing features like online banking, 24/7 customer service, and access to a plethora of ATM’s, you can’t go wrong.
Especially considering that there are several different types of business checking accounts to choose from, you can make sure that the account you choose is the right fit for you.
If you are looking for a different type of bank bonus, then be sure to check our full list of Best Business Bank Bonuses for all your business banking needs. If you’re interested in more of what Chase has to offer, check out our list of Chase Bank Promotions.
| PROMOTIONAL LINK | OFFER | REVIEW |
| Chase Business Complete Checking® | $300 or $500 Cash | Review |
| Chase Private Client | $3,000 Cash | Review |
| Chase Total Checking® | $300 Cash | Review |
| J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
| Chase College CheckingSM | $100 Cash | Review |
| Chase Secure BankingSM | $100 Cash | Review |