If the average daily balance falls below this threshold, a $12 fee is applied at the end of the statement cycle. Standard Checking Minimums The baseline requirement for a Chase Total Checking® account is typically a minimum daily balance of $500 to waive the monthly maintenance fee.
Business Checking Minimum Chase Requirements and Fee Waivers
Higher-tier business accounts may require $2,500 or more to access advanced cash management tools and waive transaction fees. Account Type Minimum Balance Monthly Fee Total Checking $500 $12 (waived if met) Premier Checking $5,000 $25 (waived if met) Business Complete Banking $500 $10 (waived if met) Digital-Only Alternatives Customers comparing options should note that the minimum balance for chase checking account requirements is generally lower when applying online.
The rules vary depending on the specific account type, but maintaining the required balance prevents monthly fees and ensures the account functions as intended. Consequences of Falling Below If the balance dips below the required amount, the fee is automatically assessed at the statement closing date.
Business Checking Minimum Chase Requirements and Fee Waivers
The Chase Business Complete Banking® account usually requires a minimum balance of $500 on average daily balance to avoid fees. Maintaining qualifying relationships with the bank, such as having a linked Chase savings account, a Chase credit card, or a Chase auto loan, often results in a fee waiver regardless of the checking balance.
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