Update: The offer mentioned below has expired and is no longer available.
Do you like free money? So do we — and currently, Chase is offering the ability to earn up to $750 by opening a new business checking account. Let’s check out the details.
Banks will often provide bonuses for opening new accounts in order to entice you as a customer. Often, this includes a cash deposit that you’ll earn by opening an account and completing qualifying activities. Chase is currently promoting one such offer, which will give you up to $750 when you open a new Chase Business Complete Checking account.
- Promotion lasts until July 21, 2022
- Can sign up online or in-person
- Earn up to $750:
- $300 for depositing $2,000
- $500 for depositing $10,000
- $750 for deposting $20,000
- Must maintain balance for 60 days
- Must also make 5 qualifying transactions within 90 days
- Qualifying activities include:
- Debit card purchases
- Chase QuickAccept deposits
- Chase QuickDeposit
- 2 ACH Credits
- Wires (to or from)
- Chase Online Bill Pay
Once you’ve completed all your qualifying activities and waited 60 days, the money will be credited to your account.
Hot Tip: Wondering what types of business accounts Chase offers? Check out our handy guide to Chase Business Checking accounts (Complete, Performance, Platinum).
Is It Worth It?
This is a pretty decent bonus from Chase made better by the fact that you don’t need to set up any direct deposit transactions (which can be frustrating and annoying to do). If you qualify for a business account and have $20,000 sitting around, why not throw it in here? $750 over 60 days is a great return, though you’ll want to be wary of any fees that the account charges.
For this account, you’ll be charged a $15 monthly fee unless you meet one of several different qualifying actives, including meeting a $2,000 daily balance, being active duty military, or putting purchases on your Ink Business Cash® Credit Card, Ink Business Preferred® Credit Card, or Ink Business Unlimited® Credit Card.
Plenty of people spend their time chasing bank account bonuses — and for good reason. This is a pretty lucrative offering from Chase, so if you’re eligible and willing to stash your money in a separate account, why not take advantage of that free money?
Featured Image Credit:
NIKCOA via Adobe Stock
Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. No responsibility will be taken by the bank advertiser for these comments.