Chase business checking account – Which is best for you?

Posted on May 22, 2015 by in Chase Ultimate Rewards, Checking Accounts/ Bank Bonuses

chase business checking

What’s the deal with the Chase business checking accounts?

Chase offers three business checking accounts:

  • Chase Total Business Checking
  • Chase Performance Business Checking
  • Chase Platinum Business Checking

All three accounts offer many of the same features, including online banking and bill pay, account alerts, access to more than 18,000 cash machines, free business debit cards and mobile banking, but each account is designed for a different size of business.

The Chase Total Business Checking account is for growing businesses to handle cash flow on the go, while the Chase Performance Business Checking account is for mid-sized businesses with basic cash management needs and the Chase Platinum Business Checking account is for large businesses with basic cash management and higher monthly transaction requirements.

chase business checking

Here’s the lowdown on each of these accounts.

Chase Total Business Checking account:

With a Chase Total Business Checking account, you can have 200 transactions per month and $7,500 in cash deposits each month without an extra fee. The monthly service fee is $10 if you are enrolled in paperless statements or $12 for paper statements, but this is waived when you maintain a $1,500 minimum daily balance. Plus you get access to travelcreditcards.us and telephone banking, 24 hours a day, 365 days a year.

Chase Performance Business Checking account:

With a Chase Performance Business Checking account, you can have up to 350 transactions each monthly statement cycle and up to $20,000 in cash deposits each month without an extra fee. The monthly service fee of $20 is waived when you maintain qualifying business deposit balances of $50,000. Plus you get access to travelcreditcards.us and Premier Service Line telephone banking, 24 hours a day, 365 days a year.

Chase Platinum Business Checking account:

With a Chase Platinum Business Checking account, you can have up to 500 transactions per month without an extra fee, unlimited electronic deposits and incoming wires and up to $25,000 in cash deposits each month without an additional fee. The monthly service fee of $95 is waived when you maintain qualifying business deposit balances of $100,000. Plus you get access to travelcreditcards.us and preferred client access through the Chase Platinum Business Service, 24 hours a day, 365 days a year.

How do I get a Chase business checking account?

When you first visit the Chase website to check out the business checking accounts, you’ll need to enter your zip code so that you see products and features that are targeted to your location.

chase business checking

You can apply for a Chase Total Business Checking account, a Chase Performance Business Checking account or a Chase Platinum Business Checking account by visiting your local branch. Find your local branch here.

Currently, you can’t open a new business checking account with Chase online.

What else do I need to know about Chase business checking accounts?

In the past, Chase offered incentives for opening a business checking account, but unfortunately they haven’t been offered since 2012.

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