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Chase Offers $500 to New Business Checking Account Customers

May 25, 2016
2 min read
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Chase Offers $500 to New Business Checking Account Customers
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Chase is offering new business checking account holders the opportunity to receive $500 after opening a Chase Performance Business Checking, Chase Performance Business Checking with Interest or Chase Platinum Business Checking account. In order to be eligible, you'll need to open the account with an initial deposit of $500 within the first 10 business days of account opening and maintain that balance for 60 days. Note that if you close your account within six months after opening, Chase will deduct the bonus amount.

You can get $500 by opening a Chase Performance Business Checking account.

Here's how to do it: Go to Chase's website and log in to a pre-existing personal or business account. From there, you should be presented with a voucher with a unique coupon code. You'll need to print that out and bring it to a Chase branch to open the account. Upon opening the account, you'll get a confirmation of the bonus, which will be credited to your account within 10 days of meeting the 60-day requirement. According to the code I generated, the offer expires on June 10, however, there's no clarification if that is the expiration date for this specific code or the offer as a whole.

Note that you must open a Chase Performance Business Checking, Chase Performance Business Checking with Interest or Chase Platinum Business Checking account in order to be eligible for this promotion. A Chase Performance Business Checking account comes with a $20 monthly service fee, but that fee is waived when you maintain a combined average daily balance of $50,000 or more in linked business savings, business CDs and other Chase Performance Business Checking accounts. However, the $20 monthly fee cannot be waived with a Chase Performance Business Checking with Interest account.

This is a good deal, and if you've been considering opening up a business checking account, this is a great time to do so. 100% bonus opportunities don't pop up every day — be sure to take advantage before your offer expires.

H/T: Miles to Memories

TPG featured card

Rewards rate
5X milesEarn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
2X milesEarn unlimited 2X miles on every purchase, every day
Intro offer
Open Intro bonus
Enjoy a $250 travel credit & earn 75K bonus miles
Annual fee
$95
Regular APR
19.49% - 28.49% (Variable)
Recommended credit
Open Credit score description
670-850Excellent, Good

Pros

  • Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
  • You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
  • Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners

Cons

  • Highest bonus-earning categories only on travel booked via Capital One Travel
  • LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to a $120 credit for Global Entry or TSA PreCheck®
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • Top rated mobile app