Chase Business Complete Banking
Business checking from the largest U.S. bank network
on Chase's site
Chase Business Complete Banking is the entry-level business checking account from Chase, the consumer and commercial banking arm of JPMorgan Chase. It pairs the largest branch network in the country with built-in payment tools, and new customers who complete the qualifying activities can earn a $500 bonus. This review covers the fees, the bonus requirements, and the kind of business the account fits.
Chase Business Complete Banking at a glance
Chase Business Complete Banking has no minimum deposit to open and no required opening balance. It carries a $15 monthly service fee that you can waive several ways, and it earns no interest. Deposits are insured by the Federal Deposit Insurance Corporation.
How the $500 bonus works
New Chase business checking customers can earn $500 for opening a Chase Business Complete Checking account and meeting the offer requirements. The offer is open to signers who have not enrolled in a Chase business checking bonus in the past two years.
To earn the bonus you need to complete each of these steps:
- Open a new Chase Business Complete Checking account online or at a branch.
- Deposit $2,000 in new money within 30 days of offer enrollment and keep that balance for 60 days.
- Complete five qualifying transactions within 90 days, such as debit card purchases, ACH credits, or Chase QuickDeposit.
Chase deposits the bonus within 15 days after you meet every requirement, and the account must stay open and in good standing at payout. Existing Chase business checking customers, government entities, and political accounts are not eligible. The bonus may be reported as interest on IRS Form 1099-INT.
Waiving the $15 monthly service fee
Chase waives the $15 monthly service fee in any statement period when you meet one qualifying activity:
- Keep a $2,000 minimum daily balance in the account.
- Receive $2,000 in deposits through Chase Payment Solutions, including Chase QuickAccept.
- Make $2,000 in purchases on a Chase Ink or Chase Sapphire Reserve for Business card.
- Link a qualifying Chase Private Client Checking account, or meet Chase Military Banking requirements.
If none of these applies in a given month, the account costs $15. Many online-only business checking accounts charge no monthly fee at all, so the waiver matters most if you keep low balances.
Features and tools
Chase Business Complete Banking bundles several tools at no extra cost. Card acceptance through Chase Payment Solutions lets you take customer payments, and Tap to Pay on iPhone works without extra hardware. The account also includes invoicing and Chase Customer Insights, which summarizes customer spending trends.
Chase ranked first for small business online banking functionality in Barlow Research's 2025 Digital Business Banking Test Drive. Business checking customers can also enroll in fraud protection services such as Check Monitoring and ACH Debit Block at no additional cost, subject to account eligibility and Chase approval.
Who it's for
Chase Business Complete Banking fits businesses that handle cash, want branch access, or need built-in card acceptance without signing up for a separate processor. The nationwide branch network is a real advantage for owners who deposit cash regularly or want in-person support.
It is a weaker fit if you keep idle cash and want it to earn a return, since the account pays no APY. Businesses focused on yield may prefer a separate business savings account, and fully remote businesses that never visit a branch can often avoid a monthly fee entirely with an online-only account.
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FAQ
Pros
Nationwide branch access: Chase runs more than 5,000 branches and 14,000 ATMs across 48 states, which helps if your business deposits cash or needs in-person support.
Built-in payment tools: Card acceptance, invoicing, and Tap to Pay on iPhone come included, so you can take payments without adding a separate processor.
Multiple fee-waiver paths: You can clear the $15 monthly service fee with a $2,000 balance, $2,000 in card deposits, or $2,000 in eligible Chase card spend.
Cons
No interest earned: The account pays no APY, so idle balances do not grow the way they would in a business savings or money market account.
Monthly service fee: If you miss every qualifying activity in a statement period, the account costs $15, while many online business accounts charge nothing.
Bonus has strings attached: The $500 offer is limited to new Chase business checking customers and requires a $2,000 new-money deposit plus five qualifying transactions.