Chase Business Complete Banking in Staten Island, NY | 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 Staten Island, NY | Chase for Business (2024)

FAQs

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.

How much money does Chase require to open business account? ›

There is no minimum deposit required to open a Business Complete Banking account. Also, if you're new to Chase, you'll need to add funds to your account. It's important to add funds within 60 days of opening your new account.

Is Chase a good bank for small business? ›

Chase business checking is best for business owners who deal with high cash deposit amounts and process many transactions each month. It's also ideal for account holders with larger balances, which are needed to easily waive the account's steep monthly fees and make the most of its features.

What paperwork do I need to open a business bank account? ›

Get documents you need to open a business bank account
  1. Employer Identification Number (EIN) (or a Social Security number, if you're a sole proprietorship)
  2. Your business's formation documents.
  3. Ownership agreements.
  4. Business license.
May 19, 2023

Which bank is best for a business account? ›

Sponsored partner picks for
  • High-yield business checking. Bluevine Business Checking. 4.7. NerdWallet Rating.
  • Online business checking. American Express® Business Checking. 5.0. ...
  • Cash back on debit card purchases. Grasshopper Business Checking Account. 4.5. ...
  • Brick-and-mortar business checking. Chase Business Complete Banking® 4.5.

What is the cash deposit limit for Chase business? ›

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.

How much do I need to keep in my Chase business account to avoid fees? ›

$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 paperwork do I need to open a business account with Chase? ›

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.

What are qualifying transactions for Chase business account? ›

Qualifying transactions are: debit card purchases, accepting credit and debit card payments with QuickAccept®, Chase QuickDeposit℠, ACH (Credits), wires (Credits and Debits), Chase Online℠ Bill Pay.

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

The approval time for a Chase business credit card can vary, but typically, applicants receive a decision within 7 to 10 business days. In some cases, if further review is needed, it might take up to 30 days to get a final decision.

Does Chase business run your personal credit? ›

When you initially apply, the business owner is considered personally responsible for debt accrued by the business. Therefore, there will be a hard inquiry to your personal credit report. This is because the issuer needs to gauge your creditworthiness before qualifying you for a business credit card.

Can I open a bank account with Ein only? ›

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.

How much does it cost to open a Chase bank account? ›

Except for the CD, Chase's accounts don't require a minimum opening deposit. Several accounts have a monthly fee, but there's often a way to waive it, such as keeping a minimum daily balance or having a linked Chase account. *APY accurate as of April 02, 2024.

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 do you need to open a business bank 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.

What is the transfer limit for Chase business checking? ›

How much money can I transfer? Most Chase accounts have a $25,000 per day limit.

Does Chase have transaction limits? ›

Your daily limit can vary based on who you bank with and what type of account you have. A standard Chase debit card, for example, comes with a $5,000 daily spending limit, a $3,000 in-branch ATM withdrawal limit, and a $500 to $1,000 withdrawal limit at other ATMs.

What is business transaction limit? ›

A business account limit is a set maximum amount of money that can be transferred from a business account on a daily basis.

What is the limit on a Chase business card? ›

What is the credit limit for the Ink Business Unlimited® Credit Card? According to Chase, the minimum credit limit for the Ink Business Unlimited® Credit Card is $3,000. Credit limits above $25,000 may require additional review.

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