Chase Business Checking Bonus Match
A few weeks ago I wrote about Chase’s targeted business checking bonuses. At the time they were targeting certain customers with either a $300 or a $500 bonus offer. The $300 offer only requires a base level Total Business Checking account while the $500 offer requires a higher cost Performance Business Checking account.
I personally received the $300 offer before news of the $500 offer surfaced and signed up for an account with the lower bonus. I needed a business checking account anyway and this seemed like a great opportunity since sign-up bonuses are more rare on business checking accounts.
Asking for a Match
Eventually the $500 offer surfaced and then there even became a way to generate your own unique $500 offer code. While I wasn’t originally targeted for the $500 bonus, I was able to generate a code in my name, so I decided to send Chase a secure message to see if they could match the higher bonus amount. In my original message I included my unique code and asked them to match.
It took a few replies, but eventually my message went to the right place and I received the following reply:
Thank you for contacting Chase. We understand your concern about your account and will be more than happy to help you.
The new coupon code you provided requires a Chase Performance Business Checking(R). We confirmed that you have a Chase Total Business Checking(R) which is currently not eligible. We can apply the $500 offer if you convert your account to the required type of business account.
For your reference, Chase Performance Business Checking has a $20 Monthly Service Fee. This fee is waived each monthly statement period when you maintain an average daily balance(1) of $50,000 or more in linked business savings (excluding Client Funds Savings accounts), business CDs and other Chase Performance Business Checking accounts.
Other fees, such as Maintenance Fees, may also be charged. Please see the “Service Charge Detail” section of your statement for complete details and a breakdown of the fees we charged your account.
Please confirm if you want to convert your account in a response to this email.
If you need any other assistance, you can send us a secure message. We appreciate your business and thank you for choosing Chase.
I responded and confirmed that I did indeed want the $500 bonus and the Performance Business Checking account. The bonus is paid 60 days after account opening and the monthly fee is waived the first two months. This means I can try the higher level product and always switch back to the Total Business Checking if I don’t need the added features. Even if I pay the $20 monthly fee for a month or two, it is definitely worth getting the extra $200 bonus.
Chase has always been very good at matching credit card bonuses and now it seems that they are equally as good in matching bank bonuses. If you are interested in getting a Chase Business Checking $500 bonus, head to this post and follow the instructions to generate your own $500 code. The $500 offer expires on June 10 and you do need to open your account in-branch. If you already opened an account with the $300 offer, don’t hesitate to ask them to match, but be prepared to switch your account type.