What Is the Monthly Fee for Chase Performance Business Checking?
Chase Performance Business Checking charges a $40 monthly fee, effective January 1, 2026 (previously $30). The fee is waived when you maintain a $35,000 combined average beginning day balance across linked Chase business accounts. It sits as the mid-tier option between Chase Business Complete Banking at $15 per month and Chase Platinum Business Checking at $103 per month.
Last updated: April 4, 2026. Source: Chase Performance Business Checking.
Complete Fee Breakdown
| Fee Type | Amount |
|---|---|
| Monthly service fee | $40 |
| Balance to waive monthly fee | $35,000 combined avg beginning day balance |
| Free transactions per month | 250 |
| Transaction overage fee | $0.40 per item |
| Electronic transactions | Unlimited |
| Free cash deposits per month | $10,000 |
| Cash deposit overage fee | $2.50 per $1,000 |
| Overdraft fee | $34, max 3 per day |
| Incoming wire transfers | Standard fee |
| Outgoing wire transfers | $25 online / $35 at branch |
| Stop payment fee | $25 online / $30 at branch |
What Changed in 2026?
Chase increased the Performance Business Checking monthly fee from $30 to $40on January 1, 2026—a 33% jump. The waiver threshold remained unchanged at $35,000. Businesses that previously held this account without meeting the balance requirement now pay an additional $120 per year.
“A 33% fee increase is significant for small business owners operating on tight margins. If you were already close to qualifying for the waiver, now is the time to consolidate balances and avoid the higher monthly cost.”
The balance requirement staying flat at $35,000 means that businesses already meeting the waiver threshold are unaffected. For those who cannot maintain the balance, the increased fee makes it worth reconsidering whether Performance is the right tier or whether Chase Business Complete Banking at $15 per month better fits their needs.
Key Features
- 250 free transactions per month— covers checks written, deposits, and debit card purchases; electronic transactions are unlimited
- $10,000 in free cash deposits per month— suitable for moderate cash-handling businesses
- Access & Security Manager— assign custom access levels to employees and restrict transaction types
- ACH Debit Block— block unauthorized ACH debits to protect against fraud
- QuickDeposit— remote deposit capture for depositing checks without visiting a branch
- Overdraft Assist— no overdraft fee if your account ends the business day overdrawn by $50 or less
Who Should Choose Performance Over Platinum?
The decision between Performance and Chase Platinum Business Checking depends on your transaction volume, wire activity, and whether you can meet the higher Platinum waiver threshold.
| Feature | Performance ($40/mo) | Platinum ($103/mo) |
|---|---|---|
| Best for | Growing businesses with moderate activity | High-volume businesses and wire-heavy operations |
| Free transactions | 250/month | 500/month |
| Free cash deposits | $10,000/month | $25,000/month |
| Wire benefits | No free wires | Free incoming; reduced outgoing |
| Balance to waive fee | $35,000 | $100,000 |
If your business sends more than two or three domestic wire transfers per month, Platinum's wire benefits can offset the higher fee. If your transaction count stays below 250 and wire activity is minimal, Performance remains the more cost-effective choice—provided you can meet or waive the $40 fee. For businesses with fewer than 100 monthly transactions, consider Chase Business Complete Banking at $15 per month instead. You can also use our comparison tool to evaluate all tiers side by side.
Limitations
- Recent fee increase— the 33% jump from $30 to $40 in January 2026 makes this account meaningfully more expensive than it was
- No free wire transfers— outgoing wires cost $25 online or $35 at a branch, which adds up quickly for wire-heavy businesses
- High overdraft fees— at $34 per occurrence with a maximum of three per day, a bad week could mean $102 in overdraft charges alone
- No interest earned— balances do not earn interest; businesses holding significant deposits elsewhere may find this a drawback compared to interest-bearing alternatives
Frequently Asked Questions
What is the monthly fee for Chase Performance Business Checking?
The monthly fee is $40, effective January 1, 2026. The fee was previously $30 per month. The $40 fee is waived when you maintain a $35,000 combined average beginning day balance across your linked Chase business accounts.
How do I waive the Chase Performance Business Checking monthly fee?
Maintain a $35,000 combined average beginning day balance in linked Chase business deposit and investment accounts. New accounts also receive the monthly fee waived for the first three months, giving you time to consolidate balances before the fee kicks in.
Is Chase Performance Business Checking worth $40 per month?
It depends on your banking needs. If you can meet the $35,000 waiver, the fee is irrelevant and Performance offers solid mid-tier features. If you cannot waive the fee, compare it against competitors: Wells Fargo Navigate Business Checking costs $25 per month with a lower waiver threshold, and Bank of America Business Advantage Fundamentals is $29.95 per month. Use our comparison tool to see which account saves you the most.
When did Chase Performance Business Checking raise its fee?
Chase raised the Performance Business Checking monthly fee from $30 to $40 on January 1, 2026—a 33% increase. The waiver threshold of $35,000 was not changed. Existing account holders received advance notice of the change in late 2025.