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Chase $500 Checking Account Bonus (2026) - Review & Requirements

By Nathaniel Booth2026-04-10Bank Bonuses
CheckingBank BonusTransaction RequirementNationwideEasy Approval
Offer Details
Bonus Amount$500
Account TypeChecking
Deposit Window30 days
Transactions Required5 qualifying transactions
Bonus Posts In~120 days
Keep Account Open180 days
Cooldown24 months

What Counts as Direct Deposit

Based on community data points and bank terms. Employer payroll is always the safest method. "Mixed" means some users report success but it is not guaranteed.

YES
Payroll
Business payroll deposits work.
NO
Government benefits (SSA, pension)
Not applicable for business accounts.
Source: Doctor of Credit DD Methods Database. Data points are community-reported and may change. Always verify with the bank.

Overview

Chase's $500 business checking bonus is the most accessible big-bank business bonus. Deposit $10,000 within 30 days, maintain for 60 days, and complete 5 qualifying transactions within 90 days. Tiered at $300 (for $2k) or $500 (for $10k).

Who This Checking Bonus Is Best For

Small business owners or sole proprietors who can park $10,000 for 60 days and need a mainstream business banking relationship.

How to Maximize This Bonus

Open a Chase Business Complete Checking account and deposit $10,000 within 30 days. Keep the balance for 60 days and make 5 qualifying transactions (debit card purchases, checks, ACH, wires) within 90 days. The lower $300 tier only requires $2,000 if you're short on capital.

Pros

+$500 bonus is strong for business checking
+Chase branch network for easy deposits
+Tiered — can still earn $300 with only $2,000

Cons

-$15/month fee unless $2,000 daily balance maintained
-5 transactions required within 90 days

How This Compares to Other Bonuses

Frequently Asked Questions

Can I open a Chase business account as a sole proprietor?

Yes. Sole proprietors can open a Chase Business Complete Checking using their SSN. No EIN required.

Full Requirements

Deposit $10,000 in 30 days, maintain 60 days, 5 qualifying transactions in 90 days. Expires May 14, 2026.

Fees

Monthly Fee$15/mo

Waived with $2,000 minimum daily balance.

ChexSystems & Credit Pull

Chex SensitivityLow
Hard PullNo
Soft PullYes

Standard business verification.

Eligibility

AvailabilityNationwide (U.S.)
Lifetime LimitYes

Business checking. Expires May 14, 2026. New business checking customers only.

Apply

Open Account →
Additional sources:
doctorofcredit.com
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Bonus offers, requirements, and fees are determined by each financial institution and may change at any time. Always verify the current terms directly with the bank before applying. This content is for informational purposes only and does not constitute financial advice.

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