Here is how I made an easy $500. I walked into a chase branch and asked to open a business checking account. 30 minutes later I walked out and just have to wait for my $500 to deposit into my account.
Banking bonuses are a part of my travel slush fund theory of travel savings, so taking advantage of this was a no brainer. There has been a lot of talk about this bonus online and there are only 2 days left to sign up. The promotion ends on the 10th. So if you were on the fence I suggest getting out there and signing up because there isn’t much time left.
If you are concerned that you have to jump through a bunch of hoops to open a business account that was not my experience. I was asked some questions about my business, how long I have been in business, and what my monthly deposits would look like. I did not need to provide proof of a registered business such as a DBA filing or LLC, etc…
This was the easiest banking bonus I have signed up for. To earn the bonus there are two requirements: (1) deposit $500 and (2) maintain that balance for 60 days. There are a couple of catches, however. First, you must leave the account open for 6 months. Second, there is a monthly fee of $20 but I think there is a work around for that. When I opened the account the business accounts guy told me that after I get the $500 I should reduce it down to the Chase Total Business Checking Account. This was volunteered by him I didn’t ask if I could do that. Once you have that type of account the monthly fee is $12 or waived if you maintain $1500.
To get the bonus you need a personalized offer. To get that click this link and log into your account. Print the coupon and go to a Chase branch.