Please note: This product has been discontinued, and it's not available on our site.
Although the Chase Total Business Checking account has been discontinued, you can find an alternative option with Chase Complete Business Banking.
Chase also offers a $300 bonus for new customers on any of their three business checking accounts, as long as certain balance and transaction requirements are met.
What are the benefits of the Chase Total Business Checking account?
Bonus for new customers. If you’re new to Chase, get $300 when you open this account and complete qualifying activities.
No minimum deposit. There’s no minimum opening deposit requirement to open this account.
Waived fees. Get 100 free transactions a month, up to $5,000 in free cash deposits each statement cycle and unlimited free electronic deposits.
Access and Security Manager. Delegate cash management activities to employees without giving up control or security.
Send and receive money. Access wire transfers, Chase QuickDeposit, bill pay, mobile banking and more.
Easy access. Bank on the go with from an app or visit one of Chase’s 16,000 ATMs and more than 4,700 branches.
Hands-on support. Customer service is available 24/7 for help whenever you need it.
Next-day payment processing. If you’re a merchant who needs to accept credit cards in your store, you can get next-day payment processing when you link your Chase business bank account to your merchant services account.
Chase ATM network and fees
Chase makes it easy to access your money when you need it through an extensive network of more than 16,000 ATMs and more than 4,700 branches.
Transactions at Chase ATMs and branches are free. But you may face fees for using ATMs outside the network.
What should I look out for?
Branches aren’t available in all states, and you’ll want to set up your account to avoid fees, among other potential drawbacks:
Monthly service fee. You can reduce the standard $15 monthly fee to $12 with electronic statements or avoid it altogether each statement period by:
Maintaining a $1,500 minimum daily balance.
Linking a Chase Private Client Checking or Chase Sapphire Checking account.
Overdraft fees. You’ll pay $34 for each transaction that overdraws your account.
Limited online eligibility. Only sole proprietors can open this account online.
Long processing times. Chase doesn’t process transactions on weekends, which can lead to longer processing time for transactions and payments.
Limited branch availability. Chase only operates branches in 26 states.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Only sole proprietors can apply for this account online, or apply by phone or at a branch.
Visit the Chase Business website, hover over Explore products and then click Business Checking.
Scroll down to Chase Total Business Checking and click Open Account .
Sign in if you’re already a Chase customer, then choose between an individual or joint account.
Choose your business type, and then click Next.
Enter your personal information, verify all details and click Next.
Choose your account options, fund your initial deposit and review the terms before submitting your application.
Otherwise, call 877-242-7372 or visit your local Chase branch to set up a new account with a customer service representative.
Eligibility
You must meet basic eligibility requirements to open this account:
Valid Social Security or tax identification number
Valid state-issued ID
Valid US address
Sole proprietor, if applying online
Required information
Prepare to submit personal and financial details with your application:
Name and date of birth
Business address and details
Social Security or tax ID number
Driver’s license or other state-issued ID
Minimum $0 deposit
How do I deposit or withdraw my money?
Options depend on how you’re accessing your money.
Deposits
ATM or branch
Direct deposit
Check by mail
Mobile check deposit through app
Online and wire transfer
Chase QuickDeposit
Withdrawals
ATM or branch
Online or wire transfer
Bill pay
What other business checking options does Chase offer?
Chase offers a suite of business checking accounts, if this one isn’t the right fit for you:
Chase Performance Business Checking. Designed for midsize businesses, this account allows for more fee-free transactions and large cash deposits.
Chase Platinum Business Checking. Ideal for larger businesses, this account allows even more transactions and large deposits, but with a higher monthly fee.
Yes. Sign up for the Chase Access and Security Manager to delegate permissions to your employees without giving up access or security.
Start by logging in to your online account. Click Pay Bills and then Schedule Payment. Add or select your payee, enter the amount, choose which account to pay from and then complete the send on or deliver by date.
Arizona
California
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Georgia
Idaho
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Louisiana
Maryland
Massachusetts
Nevada
New Jersey
New York
Ohio
Oklahoma
Oregon
Pennsylvania
Texas
Utah
Virginia
Washington, D.C.
West Virginia
Wisconsin
Contact Chase by mail, phone or online to request an account closure. A representative will get in touch with you to confirm your request and close your account.
Or visit your local Chase to close your account with a branch representative.
Checking account ratings
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service.
Peter Carleton is a writer that covers banking and investing, breaking down what you need to know about where you put your money. When Peter's not thinking about cutting-edge banking apps and robo-advisors, he runs a creative agency and spends his spare time cooking or reading.
Expert review
Designed to meet the needs of small businesses, the Business Checking account is Chase’s most affordable checking option. It offers 100 free transactions and up to $5,000 in free cash deposits each billing cycle to help you keep your business active. Just watch out for fees and potentially long processing times.
At Finder, we value and respect our editorial independence. We keep our reviews completely factual so you can use them to make better decisions. While we may receive revenue and referral fees from advertising and affiliate links, advertisers do not approve our reviews.
Designed to meet the needs of small businesses, the Business Checking account is Chase’s most affordable checking option. It offers 100 free transactions and up to $5,000 in free cash deposits each billing cycle to help you keep your business active. Just watch out for fees and potentially long processing times.
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