FlyerTalk Forums - View Single Post - 21,000 onepass for checking account
Thread: 21,000 onepass for checking account
View Single Post
Old Jul 14, 2010 | 3:11 pm
  #1266  
ArizonaGuy
 
Join Date: Sep 2007
Location: Purgatory
Programs: Too many to list. Status is a half dozen.
Posts: 9,236
Originally Posted by wise2u
Business accounts do have a five transaction minimum, just like the personal account...the only way to avoid the 5 transaction requirement is to start direct deposit instead.
That is incorrect. I didn't realize there was a 5 transaction minimum but it is most definitely avoidable. Right off my paperwork for my Chase BusinessClassic Checking:

Avoid a monthly service fee:
  • Maintain required minimum average monthly balance OR
  • Link to a Chase Premier Checking or Chase Premier Platinum Checking OR
  • Link to an active Chase business credit card OR
  • Have 5 or more debit card purchases post each statement period

For my personal account, the banker opened a Chase Premier Checking instead of a the basic Chase Checking, and linked the BusinessClassic account to it, and I pay $0 maintenance fees for either account. Haven't made a debit transaction beyond the minimum for the miles.
Last edited by ArizonaGuy; Jul 14, 2010 at 3:21 pm
ArizonaGuy is offline  
Reply