Chase Total Business Checking, Pretty Easy $500 Bonus Available

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Chase Business Checking $500 Bonus

Chase is one of the most generous banks when it comes to bonuses, not only for credit cards but also for checking ans savings account. Now there’s a new bonus of $500 for the Total Business Checking account. You can do this online but you may want to go in branch anyway to avoid headaches like Mark hard last go around.

Update 4/16/22: The offer is back. There was a $750 offer last year but this $500 one is usually the top offer each year. We are not sure if we will see the $750 one again or not.

The Offer

To get the offer follow these steps:

  • Open a new Chase Total Business Checking account
  • Deposit a total of $2,000 ($300 bonus) / $10,000 ($500 bonus) in new money within 30 business days of account opening
  • Maintain that balance for 60 days
  • Complete 5 qualifying transactions within 60 days – debit card purchases, Chase QuickDeposit, ACH (Credits) and wires (Credits and Debits).

After you have completed all the above checking requirements, bonus will be deposited in your new account within 15 business days.

Offer Expires: 7/21/22

Chase Business Checking

Key Terms

  • 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.
  • Must not have an account closed within 90 days or closed with a negative balance in the last 3 years.
  • Chase reserves the right to withdraw this offer at any time without notice.
  • Bonuses are considered interest and may be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
  • If the checking account is closed by the client or Chase within six months after opening, bonus amount will be deducted for that account at closing.

Getting the Offer

This is a public offer and anyone can generate a unique coupon code online. It’s probably best to do this now, just in case the offer gets pulled earlier as it’s been the case on few occasions. You will need to go into the branch and open the account too.  And remember that never every branch has a business rep working in the branch on Saturdays.

Link to Offer

Chase Business Checking

Avoiding Fees

Chase Total Business Checking has a $15 Monthly Service Fee ($12 Monthly Service Fee when enrolled in Paperless Statements). You can avoid the fee with:

  • Daily minimum balance of $1,500 or more OR
  • Linked Chase Private Client Checking or Chase Premier Platinum Checking personal account.


This offer gives you the chance of earning $500 or $300. The amount you earn depends on how much money you can afford to tie up for 60 days. If you have the $10,000 then the $500 offer is the way to go. I doubt this one will be pulled early like the $1500 Wells Fargo Business Checking offer too.

You can only get this bonus once every two years now. But if you are eligible, don’t wait.

The $500 offer is available nationwide but you need to have a branch nearby to complete the account opening process which usually takes about 30 minutes. I usually just walk into a branch, but I have lots of branches close by. If you’re taking a relatively long drive, it’s probably best to make an appointment. Also check for any pre-approved credit card offers while you’re there and maybe open the personal checking and savings accounts as well for another $600 bonus.

Keep in mind that you WILL receive a 1099-INT for these bank bonuses and thus you will be taxed.


If you are eligible, then this is a great bonus. The bonus requirements are pretty easy and you can also keep the account fee free with a balance of $1,500. If you’re undecided, get the coupon now anyway and then decide if it makes sense for you. You can do this bonus once every two years, and you must not have had a Chase account in last 90 days. Just don’t wait too long. Chase usually pull these offers before the expiration date.


Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

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  1. What are the requirements for opening a Chase business account? I’ve never had a business account before.
    Do you need a business license, EIN number at all?

    • Usually Chase requires you to have a DBA (doing business as) filed with the state at least to get a business checking account.


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