What Is the Monthly Fee for Chase Business Complete Banking?
Chase Business Complete Banking charges a $15 monthly fee, waived when you maintain a $2,000 minimum daily balance. It is the entry-level tier in Chase's business checking lineup, sitting below Chase Performance Business Checking at $40 per month and Chase Platinum Business Checking at $103 per month.
Complete Fee Breakdown
| Fee Type | Amount |
|---|---|
| Monthly service fee | $15 |
| Balance to waive monthly fee | $2,000 minimum daily balance |
| Free transactions per month | 100 |
| Transaction overage fee | $0.40 per item |
| Electronic transactions | Unlimited |
| Free cash deposits per month | $5,000 |
| Cash deposit overage fee | $2.50 per $1,000 |
| Overdraft fee | $34 per occurrence |
Key Features
- 100 free non-electronic transactions per month— covers checks, teller deposits, and debit card purchases within the monthly allowance
- $5,000 in free cash deposits per month— appropriate for low-to-moderate cash-handling businesses
- Unlimited electronic transactions— ACH payments, online bill pay, and wire-initiated transfers do not count against your 100-item limit
- QuickDeposit— remote deposit capture lets you deposit checks using a scanner or mobile device without visiting a branch
- Bill Pay— pay vendors and suppliers directly from online banking with no per-payment fee
- Overdraft Assist— no overdraft fee if your account ends the business day overdrawn by $50 or less, giving a small buffer for timing errors
- Zelle for Business— send and receive payments via Zelle directly from your Chase Business Complete Banking account
- Mobile deposit— deposit checks using the Chase Mobile app without additional hardware requirements
Who Is This Account Best For?
Chase Business Complete Banking is well-suited for businesses that are just starting out or that operate with a lean transaction volume. Specifically, it works best for:
- Sole proprietors and freelancers who need a dedicated business account but write fewer than 100 checks or make fewer than 100 deposits per month
- Startups in early stages that expect to grow into higher-tier accounts and want a low-cost entry point with a recognizable bank
- Online-first businesses with primarily electronic revenue streams where most transactions are ACH or card-based and count as unlimited electronic transactions
- Businesses that can easily maintain a $2,000 daily balance and want to eliminate the monthly fee entirely without a high minimum requirement
If your transaction count regularly exceeds 100 or you deposit more than $5,000 in cash monthly, you will likely save money by upgrading to Chase Performance Business Checking for $40 per month. Use the account comparison tool to model which tier makes financial sense for your business.
Limitations
- Only 100 non-electronic transactions per month— businesses with significant check or teller activity will hit the cap quickly and pay $0.40 per item beyond it
- Only $5,000 in free cash deposits per month— retail or service businesses with higher cash volume will face overage fees at $2.50 per additional $1,000
- No wire transfer benefits— outgoing wire transfers carry standard Chase fees, making this account expensive for wire-heavy operations
- $34 overdraft fee per occurrence— while Overdraft Assist provides a $50 buffer, overdraft charges above that threshold are expensive and can accumulate quickly
- No interest on balances— the account does not earn interest, so businesses holding large balances may be better served by an account that offers a yield or by pairing this account with a business savings account
Frequently Asked Questions
What is the monthly fee for Chase Business Complete Banking?
The monthly fee is $15. It is waivable by maintaining a $2,000 minimum daily balance in the account. This is one of the lowest waiver thresholds among major bank business checking accounts, making it accessible to most small businesses. Check out the full Chase business checking overview to compare all Chase tiers.
How many free transactions does Chase Business Complete Banking include?
The account includes 100 free non-electronic transactionsper month. This covers physical checks written, teller deposits, and debit card transactions. Electronic transactions—including ACH payments, online bill pay, and wire-initiated transfers—are unlimited at no extra charge. Transactions beyond 100 in the non-electronic category cost $0.40 each.
How does Chase Business Complete Banking compare to competitors?
At $15 per month, Chase Business Complete Banking sits in the same price range as several competitors, but with different trade-offs. US Bank Silver Business Checking has no monthly fee, though it comes with more limited features and fewer branch locations in some regions. Capital One Basic Business Checking also costs $15 per month but offers unlimited transactions, which is a significant advantage if you exceed 100 monthly items. Wells Fargo Initiate Business Checking is priced similarly but has different waiver conditions. Use the comparison tool to evaluate the best fit for your transaction volume and cash handling needs.