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Having local bank access is a necessity for many small businesses. The Chase Business Complete Banking℠ account can be your best option if you live near a Chase Bank. New applicants can earn a $300 cash bonus after completing qualifying activities.

Coco Van food truck
This Chase Business Complete Banking review can help you determine if this is the best option for your business needs. A view of the Coco Van food truck.

Chase Business Complete Banking Review

Chase Business Complete Banking℠ is one part of Chase Bank’s entry-level business checking account options, now known as Chase Business Complete Banking. Through 2020, this banking product was known as Chase Business Total Checking. Its new name reflects the access to multiple Chase business bank features.

This checking account is part of the Chase Business Complete Banking service that also includes Chase QuickAccept to handle in-person card payments.

There is a $15 monthly service fee but it’s possible to waive this fee (more on that below).

Small business owners can apply for this account online or at a local Chase branch. However, this service isn’t available in Alaska, Hawaii, or the U.S. territories.

Related: Best Business Checking Accounts

Signup Bonus

New Chase Business Complete Banking applicants can qualify for a $300 signup bonus. This offer is valid until 4/15/2021.

Earn the $300 bonus by completing these activities:

  • Open a Chase Business Complete Banking℠ account at a local Chase branch
  • Deposit at least $2,000 in new money in the first 30 days
  • Maintain a minimum $2,000 balance for 60 days
  • Complete 5 qualifying transactions in the first 60 days

Chase defines qualifying transactions as debit card purchases, Chase QuickAccept deposits, Chase QuickDeposit, ACH (credits), and wires (credits and debits).

Unlike credit card signup bonuses, checking account bonuses are taxable. You will receive a Form 1099-INT for the signup bonus amount.

Note that you can only receive one new business checking account opening related bonus every two years from the last enrollment date and only one bonus per account.

Key Banking Perks

Below are some of the best Chase Business Complete Banking℠ features.

Several Ways to Waive Fees

Account-holders might be happy to know that there are several ways to waive the monthly service fee, including by making purchases on your eligible Chase Ink Business credit card. Maintaining a minimum daily balance is also a way to keep monthly service fees waived.

How to Waive the $15 Monthly Fee

The $15 monthly service fee is a nuisance, but it can be easier to waive this monthly service fee than other business banking products.

For example, you can waive the $15 monthly fee with one of these actions:

  • Maintain a minimum daily balance of $2,000
  • Spend at least $2,000 a month with qualifying Chase Ink Business credit cards
  • Deposit $2,000 Chase QuickAccept transactions and/or eligible Chase merchant services
  • Maintain a linked Chase Private Client Checking℠ account

Meeting the options to waive the $15 fee for Chase Business Complete Banking is a lot easier for most businesses.

Convenience With Chase QuickAccept

Receiving card payments for in-person transactions is another important reason to consider opening a Chase Business Complete Banking℠ account. Card payments may be accepted anytime, anywhere in the United States with QuickAccept.

QuickAccept is a free card reader with no recurring monthly fees or contracts. Instead, you pay a flat fee for each card payment:

  • 2.6% plus $0.10 per dip, tap or swipe with QuickAccept mobile card reader
  • 3.5% plus $0.10 for keyed transactions and no hidden fees

It’s possible to receive same-day deposits at no additional cost. Other third-party card readers may charge a fee to request same-day payments.

In the Chase Mobile app, business owners can also issue refunds, accept payments 24/7 from across the United States and track disputes.

Account Management

It is easier to manage your account through Chase Business online and through the Chase Mobile app. Alerts can also be set up to help you keep track of account activity.

Unlimited Deposits

Additionally, account holders have access to unlimited electronic deposits, ACH, and Chase Quick Deposits.

Local Branch Access

Customers have access to the 4,700 local Chase branches and 16,000 ATMs across the United States for fee-free withdrawals.

Chase QuickPay with Zelle

Enrolling in Chase QuickPay with Zelle lets you send and receive online payments from clients and suppliers. It’s possible to use Chase QuickPay with non-Chase customers too.

Who Can Apply?

The following small businesses can apply for a Chase Business Complete Business account:

  • Sole proprietorships
  • Corporations
  • LLCs

It’s possible to apply online or at a local Chase branch.

Positives and Negatives

This Chase Business Complete Banking review wouldn’t be complete without a list of pros and cons.


  • Unlimited electronic deposits
  • Access to Chase QuickAccept and Chase QuickPay
  • Local Chase Bank branch and ATM access
  • $300 signup bonus after completing qualifying activities (expires 4/15/2021)


  • $15 monthly service fee (four options to waive each month)
  • Bonus is taxable

Additional Chase Business Products

Having a Chase Complete Banking account can help business owners qualify for other Chase Business products.

Chase Business Credit Cards

Getting Chase business credit cards, even for established businesses, isn’t a guarantee. However, establishing a Chase Bank business relationship can improve the approval odds for getting a Chase small business credit card.

The Chase Ink card family earns Ultimate Rewards. If your business would earn more via a co-brand airline or hotel business travel credit card, know that those options also feature an exciting lineup.

Chase Business Total Savings Account

The information for the Chase Business Total Savings℠ account has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

Linking a Chase Business Complete Banking℠ account to a Chase Business Total Savings account waives the $10 monthly fee for the savings option. Otherwise, you must maintain a $1,000 balance in the Business Total Savings account to waive the $10 monthly fee.

Two savings account benefits include 15 free monthly deposits and up to $5,000 in monthly cash deposits.

Business Lending

Chase business customers can also qualify for these two business lending options:

  • Business loans: starting at $5,000
  • Business lines of credit: starting at $10,000

Other financing options include SBA, equipment, trade, and commercial real estate financing. However, the minimum loan amount varies by loan type.


The Chase Business Complete Banking℠ suite can be the best overall small business banking option from Chase Bank. It’s easy to waive the monthly fees while also having local branch access. However, businesses with a high cash balance or frequent transactions may be better choosing a mid-tier or premier business checking option with more complimentary perks.

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Josh Patoka

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