ANOTHER Banking Bonus! Receive $200 With Chase Business Savings Account (NO Hard Credit Pull)!

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ANOTHER Banking Bonus!  Receive $200 With Chase Business Savings Account (NO Hard Credit Pull)!

Joseph HostetlerANOTHER Banking Bonus!  Receive $200 With Chase Business Savings Account (NO Hard Credit Pull)!Million Mile Secrets Team

We devote thousands of hours of research to help you get Big Travel with Small Money. You support us by signing-up for credit cards through partner links which earn us a commission. Here’s our full Advertising Policy.

If you’ve got a side-hustle setup to make a little extra cash, you can also rack-up lots of miles & points with small business credit cards.  For example, the Ink Business Preferred℠ Credit Card has a sign-up bonus that is worth at least $1,000 in travel (you can read our full review of the card here)!

But that’s not the only way to earn extra rewards.  Sometimes banks will offer bonuses for opening a business account with them.  And right now, Chase banking has a deal, and it comes with a $200 cash bonus.

First, you’ll need to open a new Chase Business Total Savings (or higher tier) account.  Then you’ll need to deposit $15,000+ in new money into your account within 10 business days of opening the account.  Once you’ve had at least $15,000 in your account for 90 days, you’ll receive the $200 bonus!

Bank Account Bonuses = Easy Cash

Here’s what you need to know:

  • This offer is NOT available to folks who already have a Chase Business Savings account or fiduciary account
  • NOT available to anyone who has closed their account within 90 days or closed with a negative balance
  • New money you deposit can NOT be funds held by Chase or Chase affiliates
  • You can receive 1 new business savings account opening bonus every 2 years
  • You can receive 1 bonus per account
  • You must keep your account open for at least 6 months, or Chase will take the bonus back

Note:   Bank account bonuses are taxable, because they are considered income.

These bank accounts have a fee of $10 per month, but you can waive that fee as long as you keep a balance of at least $1,000 in your account.  You’ll also have the fee waived if you maintain a Chase Business Total Checking account linked to this new account.

Chase will deposit the bonus into your account within 10 business days of completing the above requirements.  Here’s a link to the offer!

We’re always looking for deals to help you earn Big Travel (or cash in general), so let us know if you find these kinds of deals useful!

And remember, you do NOT need to do your business banking with Chase in order to be approved for a Chase business card.  Depending on your business structure, you can apply using just your social security number and name instead of an EIN and formal business name on your application!

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Ink Business Preferred℠ Credit Card

Ink Business Preferred℠ Credit Card

  • Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1 point per $1 on all other purchases–with no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards and more – your points don't expire as long as your account is open
  • No foreign transaction fees
  • Employee cards at no additional cost
  • $95 Annual Fee

More Info

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I’ve seen this offer from a chase before. I have not yet decided it’s worth the time and effort to move $15k for 90 days for $200.

Hi Gabrielle,

Good point. $15k is a lot of money to tie up for some time for a welcome bonus. I personally only do it if the bonus is $500 or more, or if I don’t have any other uses for the $15k funds in the near future.

$200 for $15000 deposit?

This is a really bad deal. — you can earn more on interest in a money or CD. A good checking account will offer 2percent a year which would net $300 a year

Hi Sean!

This is just a regular welcome bonus, so you’d earn the $200 after just roughly 90 days.

That said, I personally would probably only do it if the bonus was much higher, say maybe $500. Because that’s a long time to have to tie up $15k!