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Chase Business checking $500 free when depositing of $500

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Only my second deal so be nice. I checked and did not see this re-posted so here it goes.

Get $500 free when opening a new Chase business checking account and holding a balance of $500 for 60 days.

I walked into Chase and said I had business under DBA (my name) and used my SS for the account instead of a tax ID. Used $500 from my checking and was in and out within 15 minutes. Also flyer stipulates in Chase branches only.

I attached the flyer I got in the mail.
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Created 01-17-2017 at 02:51 PM by ridenourt
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#2
Can i do it onl?
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#3
It said in chase branches only
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#4
Quote from TuanT5006
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Can i do it onl?
You probably need a code from inside.
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#5
Quote from ridenourt
:
Only my second deal so be nice. I checked and did not see this re-posted so here it goes.

Get $500 free when opening a new Chase business checking account and holding a balance of $500 for 60 days.

I walked into Chase and said I had business under DBA (my name ) and used my SS for the account instead of a tax ID. Used $500 from my checking and was in and out within 15 minutes.

I attached the flyer I got in the mail.
Did they require you to show proof of your business? Thanks.
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#6
Quote from qwertyuio
:
Did they require you to show proof of your business? Thanks.
They did not require a proof of my business. I got this deal due to the slick deal Chase Ink business card with 80,000 points about a year ago. I also walked in with my Chase Ink business card where it said DBA and then my name. Not sure if it helps
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#7
Quote from ridenourt
:
They did not require a proof of my business. I got this deal due to the slick deal Chase Ink business card with 80,000 points about a year ago. I also walked in with my Chase Ink business card where it said DBA and then my name. Not sure if it helps
That would do it.
For new business account customer, they probably need some kind of proof. Thanks.
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#8
You don't have Chase account within a year, do you?

Quote from ridenourt
:
Only my second deal so be nice. I checked and did not see this re-posted so here it goes.

Get $500 free when opening a new Chase business checking account and holding a balance of $500 for 60 days.

I walked into Chase and said I had business under DBA (my name) and used my SS for the account instead of a tax ID. Used $500 from my checking and was in and out within 15 minutes. Also flyer stipulates in Chase branches only.

I attached the flyer I got in the mail.
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#9
Quote from qwertyuio
:
That would do it.
For new business account customer, they probably need some kind of proof. Thanks.
you don't need 'proof' in the form of official documents, but you will be asked what kind of business you own, tax ID/SSN, approximate revenue, and probably the reason for why you're interested in opening a business account (most people just say they want to keep their personal and business accounts separate).

like OP stated, he wasn't asked for any proof because he already had an ink card, but i'm sure he provided all the necessary business information when he applied for that.
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#10
good deal if it is real
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#11
What if you already have a Chase personal account, can you still do this business account deal?
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#12
Quite a few on ebay but they are $60-$100.
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#13
Do you have to have the physical flyer to apply?
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Our community has rated this post as helpful. If you agree, why not rep honorarytitle?
#14
One note on this, for anyone who is going to do this. You will have to sign off on a W9 certification for the account. This is you certifying the TIN/SSN to the IRS. In addition, it's probably a business w9 will be filled out, which will have a check box for business type(Corp, LLC, Sole Prop, Partnership, etc). While a sole prop under your SSN shouldn't be an issue per say, I would not make up a TIN or venture far from a Sole Prop. While I don't believe this would trigger anything with the IRS, I do know for a fact the TIN will be verified with any financial institution. This is also a taxable event since you are making a gain on the account.

I'm not an accountant or tax advisor, but I work in finance enough to know this crap. Just wanted to add this in case anyone didn't know the above already.
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Last edited by honorarytitle January 17, 2017 at 05:37 PM.
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#15
Eventually the OP is going to have to add another $1000 to bring his balance up to $1500 as not to incur a monthly service charge of $10 for the Chase Total Business Checking.

I am going to have to call up my Chase branch to see what I can wrangle out from them.

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