FlyerTalk Forums - View Single Post - Chase Private Client
View Single Post
Old Jan 19, 2021 | 7:15 am
  #116  
RedSun
50 Countries Visited
80 Nights
5 Years on Site
 
Join Date: Jan 2017
Location: EWR/PHL/BWI
Posts: 4,620
Originally Posted by Magic Pickles
You can get CPC for only $50k instead of $150k by maintaining a linked Platinum Business Checking with $50k. Alternatively, keep the $50k in a linked business investment account rather than earning nothing in the checking account.
Originally Posted by Magic Pickles
see page 4

https://www.chase.com/content/dam/ch...-will-work.pdf

Chase Platinum Business CheckingSM No Monthly Service/ Maintenance Fee in any statement period in which you Maintain an average beginning day balance of $100,000 ($50,000 when linked to Chase Private Client Checking) or more in any combination of linked business savings (excluding Client Funds Savings accounts), business CDs, other Chase Platinum Business Checking accounts and qualifying investment accounts9
No, this is not what you originally stated.

It only says, the monthly service fee of this Platinum Business Checking account is waived if the "Chase Platinum Business Checking" account has an average day balance of $100,000 or $50,000 if this business account is linked to a Chase CPC account.

This Chase Platinum Business Checking is for large business. Designed to handle the needs of larger businesses with greater monthly transactions and cash management needs. It does not say that you can keep a Chase CPC with just $50,000 balance. You could half the daily balance of this large business checking account if you have existing CPC relationship. But you'll have to qualify for CPC first.
RedSun is offline