Chase Business Complete Banking in Oxford, MI | Chase for Business (2024)

1 There is a $15 Monthly Service Fee (MSF) that we'll waive if you meet any of the below qualifying activities for each Chase Business Complete Checking℠ account in a monthly statement period. Qualifying activities for how to avoid the MSF: (A) Maintain a linked Chase Private Client Checking℠ account, (B) Meet Chase Military Banking requirements, or (C) Fulfill at least one of the following qualifying activities: (1) Maintain a Minimum Daily Ending Balance of at least $2,000 in the Chase Business Complete Checking account each business day during the monthly statement period, excluding the last business day of the statement period; (2) Have at least $2,000 of aggregate eligible deposits (net of chargebacks, refunds, or other adjustments) into the Chase Business Complete Checking account, at least one day before the end of the monthly statement period, using one or more of the following: Chase QuickAccept℠ including Chase Smart Terminal℠, InstaMed Patient Payments and InstaMed Patient Portal and/or other eligible Chase Payment Solutions℠ products. Eligible Chase Payment Solutions products have a transaction history that is viewable on Chase Business Online, Chase Connect®, or J.P. Morgan Access®. Eligible deposits must be made from Chase Payment Solutions associated with the same business as your Chase Business Complete Checking account, as reflected in Chase records. The cutoff time for eligible deposits is 11:59 PM Eastern Time one day prior to the last day of your Chase Business Complete Checking monthly statement period; or (3) Spend at least $2,000 on eligible Chase Ink® Business card purchases in the most recent monthly Ink card billing cycle, which may be different than your Chase Business Complete Checking monthly statement period. Eligible purchases must be made using Ink Business Card(s) associated with the same business as your Chase Business Complete Checking account, as reflected in Chase records, and must earn Chase Ultimate Rewards® points. Certain purchases and transactions are excluded from earning Ultimate Rewards points, as described in your Rewards Program Agreement available on chase.com/ultimaterewards. For complete details, please review the Additional Banking Services and Fees for Business Accounts at chase.com/business/disclosures or visit a Chase branch. This information is subject to change.

Deposits are subject to limits, verification, fraud monitoring, and other restrictions. QuickAccept is not available in U.S. territories or outside the U.S. QuickAccept usage subject to eligibility, terms of service, monitoring and further review. Message and data rates may apply.

2 Payments processed, approved, and completed by 5 PM Pacific Time (PT) / 8 PM Eastern Time (ET) are eligible for same-day deposits, 6 days a week, excluding Saturdays. All deposits are subject to the applicable Terms of Service, including risk assessment and fraud monitoring, which may result in delays. Payments processed, approved and completed by 5 PM PT / 8 PM ET, Sunday through Friday (including holidays), will be deposited into the business owner's Chase business checking account that night. Payments processed, approved and completed by 5 PM PT / 8 PM ET on Saturdays will be deposited into the business owner's Chase business checking account Sunday morning by 7:30 AM ET. There is no additional cost for same-day deposits, but standard rates and fees will apply for business checking and payment processing. Customers qualify for same-day deposits upon sign-up when processing payments through an eligible Chase Payment Solutions℠ or Chase Integrated Payments product and depositing into a Chase business checking account. Same-day deposits are available in the U.S. only. Additional exclusions may apply.

3 Chase Mobile® app is available for select mobile devices. Message and data rates may apply.

4 Chase QuickDeposit℠ is available for select mobile devices. Enroll in Chase Online℠ and download the Chase Mobile® app. Message and data rates may apply. Subject to eligibility and further review. Deposits are subject to verification and not available for immediate withdrawal. Deposit limits and other restrictions apply. See chase.com/QuickDeposit or the Chase Mobile® app for eligible mobile devices, limitations, terms, conditions and details. Sign in to the Chase Mobile® app, choose QuickDeposit for your account and then scroll down to see your limit.

5 Online Bill Payment: You must be enrolled in Chase OnlineSM to activate and use Online Bill Payment. Online Bill Payment service is included when you designate a qualified account as your Primary Account for Online Bill Payment. A qualified account includes any Chase business checking account.

Merchant services are provided by Paymentech, LLC and WePay, Inc., subsidiaries of JPMorgan Chase Bank, N. A.

Participants compensated.

Deposit products provided by JPMorgan Chase Bank, N.A. Member FDIC. Accounts subject to credit approval. Restrictions and limitations apply. Equal Opportunity Lender.

Chase Business Complete Banking in Oxford, MI | Chase for Business (2024)

FAQs

Is Chase a good bank for small business? ›

Chase business checking accounts could be attractive options for small business owners who are comfortable managing their money online. Plus, the option to visit a branch or ATM means you can still get personalized service when and if you need it.

What is the transaction limit for Chase business Complete banking? ›

Each Chase Business account offers unlimited electronic transactions, but limits on teller and paper transactions vary. Here are the limits for each account : Chase Business Complete Banking: Unlimited electronic transactions; 20 teller/paper transactions; $5,000 in fee-free cash deposits.

What do I need to set up a business account with Chase Bank? ›

Opening a business bank account requires proof of identification for both you and your business. Examples include your state-issued driver's license or passport, your business license or your partnership agreements. Your business also may need to provide additional materials.

How much does Chase Bank charge for a business account? ›

Important Information about Chase Business Complete Banking

There is a $15 Monthly Service Fee (MSF) that we'll waive if you meet any of the below qualifying activities for each Chase Business Complete Checking® account in a monthly statement period.

How long does it take for Chase to approve a business account? ›

Just press “1” for credit applications and enter your Social Security number to find out your Chase business credit application status. After you submit your application, you may receive a decision instantly. But if Chase needs to collect or review additional information, it can take up to 30 days to get a decision.

Which bank is best for a business account? ›

Best Business Checking Accounts of 2024
  • Relay Business Checking: Best for Fee-Free Digital Banking + Sub-Accounts.
  • Wells Fargo Initiate Business Checking℠: Best for Entrepreneurs + Low Transaction Volumes.
  • Bluevine Business Checking: Best for High APY + Expanded FDIC Coverage.
Jun 11, 2024

What is the minimum balance for Chase Total business checking? ›

$2,000 minimum daily ending balance. $2,000 in eligible deposits from your Chase QuickAccept® or other eligible Chase Payment Solutions transactions, or. $2,000 in eligible purchases from your Chase Ink Business Card, or.

What is the monthly maintenance fee for Chase? ›

Here's a quick look at the features of Chase checking accounts: fees, minimum balance requirements and more. Monthly fee: $12; to waive, meet a minimum balance requirement of $1,500 at the beginning of each day or have at least $500 in monthly direct deposits or keep at least $5,000 across Chase accounts.

How to avoid Chase monthly fee? ›

You can avoid the fee on your Chase Total Checking account if any one of the following requirements are met:
  1. Electronic payments made to your Chase Total Checking account totaling at least $500.
  2. Balance in the account at the start of each day of at least $1,500.

Do you need an EIN to open a Chase business account? ›

Tax identification number

You also need one of the following tax identification numbers to open a business checking account: Social Security number. Individual taxpayer identification number (for non-U.S. citizens) Employer Identification Number (EIN)

What are the benefits of having a Chase business account? ›

Chase Business Complete Banking offers the features you need to grow your business
  • Unlimited debit card purchases and Chase ATM transactions.
  • Multiple ways to send and receive funds: ...
  • Up to $5,000 no-fee cash deposits per statement cycle.
  • Associate Debit and Employee Deposit Cards available upon request.

How long does it take to open a business bank account? ›

How long does it take to open a business bank account? Provided you have all your paperwork in order and good financial standing and credit history, you could get approved to open a business bank account same-day (if going to the bank in person) or in as little as 10 minutes when doing it through online banking.

How much money does it take to open a Chase business account? ›

There are some fees associated with a Chase Business Complete Checking account: Minimum Deposit to Open: None. Monthly Service Fee: $15 with ways to waive. Insufficient Funds Fee: $34 with ways to waive.

Can I deposit cash into a Chase business account? ›

The first $20,000 in cash deposits per month with no fee (standard cash deposit fees apply above $20,000). Other fees may apply. Fees and product features are subject to change at any time. Linking for pricing purposes will not affect your statement and does not link account for overdraft protection.

Can I open a business bank account with just an EIN? ›

If you only have an EIN and want to open a business bank account, most financial institutions will require the following additional information/documentation: Government-issued photo I.D. (e.g., a driver's license) Your Social Security Number. Your business's registration documents.

Does Chase support small business? ›

As a Small Business Administration (SBA) preferred lender, Chase works with small businesses to secure business loans with flexible terms, fixed and variable interest rates, and loan amounts up to 5 million.

What credit score do I need for Chase business? ›

To qualify for Chase's Ink business cards, you must have good to excellent credit, which is defined as a FICO credit score of 670 or above. Although these are business cards, Chase will use your personal credit score when considering your application.

Is Chase a good bank to start with? ›

Chase checking accounts are generally a solid bet if you have easy access to their ATMs and can avoid the monthly fees. If you're not in the Chase branch network, can't avoid the monthly fees or are looking to earn interest on your checking, check out NerdWallet's best credit unions and top online banks.

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