Chase are making changes to the monthly fee on their business checking accounts. These changes will go into place on August 27th, 2017. The reason readers will care is that Chase frequently offers sign up bonuses on these business checking accounts of up to $500. Changes are as follows:
- Chase Total Business Checking.
- Monthly fee will increase to $12 (from $10) for those without paper statements.
- Monthly fee will increase to $15 (from $12) for those with paper statements
- Fee waiver remains unchanged ($1,500 minimum daily balance)
- Chase Performance Business Checking:
- Monthly fee will be increased to $30 (from $20)
- Fee waiver will require $35,000 in qualifying business deposits (currently $50,000)
Don’t really think this will affect most readers as you should be meeting the fee waiver requirements for the total business checking account anyway and it’s really only worth signing up for these accounts for the bonuses in my opinion. Still worth pointing out so anybody that does keep it long term is aware of the cards.
Hat tip to Travel In Miles
