Chase Business Complete Banking in New Bedford, MA | 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 New Bedford, MA | Chase for Business (2024)

FAQs

How much does Chase 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.

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 minimum balance for a Chase business account? ›

$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 limit on Chase business complete checking transactions? ›

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. Chase Performance Business Checking: Unlimited electronic transactions; 250 teller/paper transactions; $20,000 in fee-free cash deposits.

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

It allows you to accept credit card payments

For many business owners, the ability to accept credit card payments is the single biggest reason to open a business bank account. A personal bank account can't accept credit card payments without the use of a payment service provider.

Does Chase give you $300 for opening a business account? ›

Earn $300 when you open a new Chase Business Complete Checking® account. For new Chase business checking customers with qualifying activities. Multiple ways to waive the $15 Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card.

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.

What bank is best for a business account? ›

The best small business bank accounts are provided by Chase, Axos, U.S. Bank, LendingClub, and Wells Fargo. They're easily accessible with relatively low fees and minimum balances, along with generous transaction limits.

What does Chase require to open a business account? ›

Business Checking FAQs

In order to open a business checking account, you will need: Two forms of identification, including one government-issued ID like a driver's license or passport. Your Tax Identification number, Social Security number and Individual Taxpayer Identification number, or EIN.

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

An EIN identifies a business entity for tax purposes. You can get your EIN from the IRS. Most banks and credit unions require you to provide your EIN to open a business account, but they might also require other documentation for you and your business.

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.

Does Chase charge a monthly fee? ›

Chase Total Checking®, the bank's basic checking account, has a monthly fee of $12, though you can get it waived by meeting one of a few requirements. Other fees include $3 for each use of a non-Chase ATM in the U.S., Puerto Rico and the U.S. Virgin Islands.

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 to establish business credit for LLC? ›

How to Build Business Credit Quickly: 5 Simple Steps
  1. Step 1 – Choose the Right Business Structure. ...
  2. Step 2 – Obtain a Federal Tax ID Number (EIN) ...
  3. Step 3 – Open a Business Bank Account. ...
  4. Step 4 – Establish Credit with Vendors/Suppliers Who Report. ...
  5. Step 5 – Monitor Your Business Credit Reports.
Dec 5, 2019

Is Saturday a business day for Chase? ›

If we receive your deposits after 11 PM Eastern time, you'll immediately be able to see the transaction in your account, but we'll process it the next business day. A business day is every day except Saturday, Sunday, and federal and state holidays.

Is Chase business account different from personal? ›

Higher limits: Business checking accounts typically have larger deposit limits to accommodate entrepreneurs who need to cover big-ticket items, like payroll expenses or office upgrades.

How much does it cost to open a business account? ›

Most business bank accounts can be opened with $0, but some business checking accounts require an opening deposit, which typically ranges from $25 to $100.

How much does Chase charge for monthly fees? ›

Chase Total Checking®, the bank's basic checking account, has a monthly fee of $12, though you can get it waived by meeting one of a few requirements. Other fees include $3 for each use of a non-Chase ATM in the U.S., Puerto Rico and the U.S. Virgin Islands.

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