Chase Business Checking: 2022 Review

This digital-friendly Chase business checking account is ideal for small-business owners who want branch access.
Jul 7, 2022

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Our Take


NerdWallet rating 

The bottom line:

Chase Business Complete Checking℠ stands out with a $300 sign-up bonus and access to Chase QuickAccept℠, which can be used to accept credit card payments on the go. But free in-person transactions are limited to just 20 per month, far less than what competitors allow.

Chase Business Complete Banking℠


Member FDIC

Monthly fee
Waived with $2,000 minimum balance
Requirements to qualify
Learn more

at Chase

Pros & Cons


  • No minimum opening deposit.
  • Unlimited electronic deposits.
  • Opportunity to earn $300 sign-up bonus.
  • Access to over 16,000 Chase ATMs and 4,700 branches across the U.S.
  • Integrated credit card processing.


  • $15 monthly fee.
  • Fee-free cash deposits limited to $5,000 per month.
  • Fee-free physical transactions limited to 20 per month.
  • High overdraft fees.

How does Chase compare?

Current Product

Bluevine Business Checking

Bluevine Business Checking

Deposits are FDIC Insured

NerdWallet rating 


NerdWallet rating 



Monthly fee


Waived with $2,000 minimum balance

Monthly fee






With $0 min. balance for APY



Requirements to qualify



Full Review

Chase offers three business checking accounts: Chase Business Complete Checking, Chase Performance Business Checking® and Chase Platinum Business Checking℠.

This review and the corresponding star rating focus on Chase Business Complete Checking, which caters most to small-business owners with a low monthly fee ($15), unlimited electronic deposits and a focus on digital tools.

You can avoid the $15 monthly service fee if you hit any one of the following criteria during your monthly statement period:

  • Maintain a daily minimum balance of $2,000.

  • Spend a minimum of $2,000 on purchases using a Chase Ink Business Card.

  • Deposit at least $2,000 into your account from Chase QuickAccept transactions or other eligible Chase Payment Solutions transactions.

  • Link a Chase Private Client Checking account.

Military service members and veterans can also have this monthly fee waived with a valid military ID or proof of military service.

Chase Business Complete Checking is best for small-business owners who:

  • Can meet one of the criteria required to waive the $15 monthly fee.

  • Deposit $5,000 or less in cash each month; make 20 or fewer transactions per month.

  • Can take advantage of integrated credit card processing services.

Chase Business Complete Checking at a glance

 Monthly fee:

$15 (multiple ways to waive including maintaining a minimum daily balance of $2,000).

Minimum opening deposit requirement:





Unlimited electronic deposits; 20 free teller and paper transactions per month.


$300 sign-up bonus

How to open a Chase business checking account

You can open a Chase business checking account online if your business is a privately held sole proprietorship, corporation or LLC (with one member or manager). All other business entities must apply in person at a local branch. Chase operates more than 4,700 retail branches across 48 states.

While there is no minimum deposit required to open a Chase Business Complete Checking account, you must transfer money into your account within 60 days or the account will be closed.

After your account is funded and set up, you’ll be able to manage your business banking using Chase online, the Chase mobile app and by visiting Chase branches and ATMs.

What you need to open a Chase business account

Business owners need to supply the following documents and information to open a Chase business checking account:

  • Two forms of identification, including a government-issued photo ID.

  • Employer identification number (or Social Security number for single-member LLCs).

  • Business documents, including assumed name or DBA certificate, articles of organization or incorporation, partnership agreement and business license, depending on your entity type.

  • Business address and telephone number.

  • Date of birth, Social Security number and personal address for anyone with 10% or more ownership in the company.

Chase sign-up bonus

You can earn a $300 sign-up bonus if you deposit $2,000 or more within 30 days of opening your account, maintain that balance for 60 days and complete five qualifying transactions, including:

  • Debit card purchases.

  • Chase QuickAccept deposits.

  • Chase QuickDeposit.

  • ACH credits.

  • Credit and debit wires.

Where Chase Business Complete Checking stands out

Unlimited electronic deposits: You have access to unlimited electronic deposits, which include deposited items, ACH transfers, ATM transactions, debit card purchases, internal transfers and Chase QuickDeposit (mobile deposit). This provides a high level of flexibility with online payments, similar to what you’ll find with many online-based business checking accounts.

Sign-up bonus: You can earn $300 when you sign up for Chase Business Complete Checking, provided you deposit $2,000 within 20 days, maintain that balance for 60 days and complete five of the qualifying activities such as debit card purchases or mobile check deposits. If you’re looking for a business checking account with a sign-up bonus, this is an opportunity to earn one.

Mobile and online banking tools: Chase mobile and online banking include features such as online bill pay, fraud protection, text banking, account alerts and Chase QuickPay with Zelle. You can also set up multiple users on your account, download account activity to financial software and have access to collection and cash-flow services.

Integrated credit card processing: Among the Chase business checking accounts, Business Complete is the only one that lets you use Chase QuickAccept to accept credit card payments with the Chase mobile app. This integrated credit card processing service is pay-as-you-go and connects with a mobile card reader to tap, swipe or dip transactions.

Processed payments will be deposited into your checking account without the need for a separate app, allowing you to manage banking and sales transactions seamlessly. You’ll pay 2.6% plus 10 cents for tapped, dipped or swiped transactions and 3.5% plus 10 cents for keyed transactions.

Where Chase Business Complete Checking falls short

Monthly fee: Chase Business Complete Checking’s $15 monthly fee is a hard pill to swallow, especially considering the number of free business checking accounts available with both brick-and-mortar and online competitors. Consider one of those alternatives if you can’t reliably maintain a $2,000 daily balance or hit one of the other criteria needed to waive the monthly fee.

Limited fee-free cash deposits: The Chase Business Complete Checking account includes up to $5,000 in cash deposits per month only without fees. After that $5,000, you’ll pay $2.50 per $1,000 deposited. If your business operates mainly in cash, this low threshold may be problematic, especially if you are continuously having to pay the $2.50 excess fee.

Limited fee-free transactions: This Chase business checking account offers unlimited electronic deposits, but only 20 fee-free physical transactions are allowed per month (each additional transaction costs 40 cents). In comparison, Chase’s middle business checking account — Chase Performance Business — offers 250 fee-free transactions per month. If you plan on writing paper checks or making teller-deposits frequently, the business complete checking account may not meet your needs.

at Chase, Member FDIC


NerdWallet's business checking reviews look at multiple factors, including monthly fee, APY, ATM access, transaction limits, cash deposit allowance, customer service, additional features and incidental fees, such as overdraft, NSF and stop payment charges.