*I did NOT expect that plot twist with my SSN* 😅✌ 💳👉VIEW CREDIT CARD OFFERS! markscreditcards.com/offers 🛍 RAKUTEN - Earn Cash Back! markscreditcards.com/rakuten 🏦 SOFI CHECKING & SAVINGS - Get $25 FREE (or more w/ direct deposit) markscreditcards.com/sofibanking (More links in Description below video) 👍

Yooooo!!! Mark listen man i really can't thank you enough for this information. I can't lie i was a little apprehensive about seeing if this would even work. In the end i followed all of your steps to the T & everything worked out just fine. My account was approved & is now open. I even got a few offers for some additional business cards. With cash back options & travel points options. I didn't apply for any of them yet. Hopefully in the near future i'll have use for them. So once again thank you my friend.

@MarkReese

Жыл бұрын

Right on, Oct8vus Gylze! Congrats on opening the new account 👊

Nice Mark! I also took advantage of the $300 offer several years ago when I opened a business checking with Chase. Been very happy with their services thus far. Great walkthrough - very detailed as always!

@MarkReese

Жыл бұрын

Great to hear your experience has been positive!

@sonukharb6847

Жыл бұрын

Did you open the account online? What documents did you have to provide? I only have the LLC & EIN number. Can I open this account? I don't have a social security number and passport.

Thank you my man just appiled and approved !!! You make it sound so simpler :) its not allowing me to see the new account on my regular account tho

@MarkReese

Жыл бұрын

Congrats Tony! If you personal login + business login are still separate, you'll need to combine them first. You can call Chase & have them do it for you, or you can follow the online instructions at this link: www.chase.com/digital/customer-service/helpful-tips/business-banking/general/cbo-account-linking

@sonukharb6847

Жыл бұрын

What documents do you need to provide to open a bank account? Did you also have to provide a social security number or passport?

This same scenario happened to myself. Was a simple process when I went down to my local branch. The banker had told me that Chase would have never let “that type of account” be opened online. She didn’t clarify what she meant by that, however I just figured it was my “type of business” needed the account to be opened in the branch.

@MarkReese

Жыл бұрын

Good to know I'm not alone! 👊

@xbellabutterflyx

9 ай бұрын

What type of business is it?

Informative, well delivered👍🏾

@MarkReese

Жыл бұрын

Thanks!

Interesting to see a checking account video, switching it up from the credit card!

@MarkReese

Жыл бұрын

💵👍

Holy sh*t I actually got approved, I had zero expectations considering I got denied last year but clearly I filled in something wrong last time 🤦‍♂️ appreciate it man ❤

@MarkReese

2 ай бұрын

Right on, CONGRATS! 🎉

Thanks for the info + video!

@MarkReese

Жыл бұрын

You bet!

Good information Mark.

@MarkReese

Жыл бұрын

Thanks!

Good walk thru. For me, their fraud dept shut down my account twice because they couldn't verify my address, although I already had a personal acct at the same address... Even worst is that they didn't reach out to me either time before closing the account

@MarkReese

Жыл бұрын

Bizarre 🤔

This is very useful, thanks!!

@MarkReese

2 ай бұрын

You're welcome!

Amazing video, thanks!!!

@MarkReese

Жыл бұрын

You're welcome!

So helpful! Thanks❤️

@MarkReese

2 ай бұрын

You're welcome!

I had a similar problem. I just went with Mercury. Chase should definitely work on improving their software.

@MarkReese

Жыл бұрын

Indeed 😁

Hey Mark, Can you explain the difference between the Freedom Unlimited Visa and the Freedom Unlimited Signature Visa? I was recently approved with a $5,000 limit but did not get the Signature. Thanks!

@MarkReese

Жыл бұрын

Hi Michael - that'd be too much to cover in the comments and I'd need to have the fine print side by side. The rewards are identical, the insurance coverages may be different. Call Chase & ask them 👍

Thank you much for this walkthrough. I was actually following along with you as I was applying to open up me a Chase Business Checking account also. My application is now being reviewed. I should have an answer by Monday or Tuesday. Again I thank you for walking me through the application process.

@MarkReese

Ай бұрын

Glad it helped you! Good luck on the final outcome.

@DreLBrown529

Ай бұрын

@@MarkReese My application was just approved just a few minutes ago

@MarkReese

Ай бұрын

@@DreLBrown529 - Congrats!

Please do the unboxing of the cheque book and the debit card. Love your content👌🙏👍🙂

@MarkReese

Жыл бұрын

Haha that's not going to happen 🤣

Hi. I received the same message opening online. Went in and the manager helped me out.

@MarkReese

Жыл бұрын

Great that the manager got it sorted out for you!

So informative

@MarkReese

Жыл бұрын

Glad you think so!

If you have a newer LLC, make sure that the business address is an actual physical address, even if you use a "virtual office" address like one from WeWork or Opus. Chase (and Bank of America) tend to not allow business addresses that their system throws up as (for instance) a bank of mailboxes at a strip mall. You shouldn't have that problem but if you don't have any revenue regularly coming into the account, Chase can and does close the account without much warning. Since you're deep in the Amex ecosystem you should also open an Amex Business Checking account. It has no fees, and even pays you interest!

@MarkReese

Жыл бұрын

Thanks for the insights! Were they based on personal experience? Data points from others? Just opened the Amex Business Checking Account, too 👍 Here's the link to that video: kzread.info/dash/bejne/inWdqdmyoZfFiNY.html

@jalabi99

Жыл бұрын

@@MarkReese yes, personal experience! When I tried to open my Chase business checking account for a brand-new LLC, I had to change my business address to one where their systems showed that someone could actually walk into the location. I was surprised because I had other business checking accounts for older LLCs (five or six years old) with Chase, some of which had PO Boxes as the business address and never had a problem with opening them at the time.

@xbellabutterflyx

9 ай бұрын

I am convinced now to go with Amex. Do they approve the account online?

@jalabi99

9 ай бұрын

@@xbellabutterflyx they do, since it's an online-only bank. I haven't had to open another account with them since I opened mine, but I hear lately that they've been putting people on a waitlist to open accounts there. Try it anyway, and worse comes to worse at least you'll be added to the waitlist.

Thank you! Very easy

@MarkReese

2 ай бұрын

You're welcome!

Great Video !

@MarkReese

Жыл бұрын

Thanks!

thank you bro 🎉

@MarkReese

Жыл бұрын

Sure thing!

Mark do you know if PNC Business Checking account is friendly if applying as a sole prop?

@MarkReese

Жыл бұрын

Not sure.

Always a fan of a “Watch Me Apply” video.. credit card or not! Out of curiosity, what made you go with Chase on this rather than Amex with the 60k bonus they have on their business account right now? I imagine it’s because you have every other account with Chase, and that makes sense. Thanks for sharing Mark! Glad it worked out in the end.

@MarkReese

Жыл бұрын

I'm applying for Amex, too. However, I plan to stick with Chase for the long run. My goal is to have personal + business accounts with the same bank that offer all the functionality I want in the same ecosystem. Currently, Amex's personal checking account doesn't offer bill pay, which is a massive deal breaker for me.

@SledgeIncTeam

Жыл бұрын

I've had Amex Business Checking for a long time now and have had no issues and get the Little 1.3% APY.... I applied for Chase Business Checking and after 2 weeks of having the account, they shut it down without telling me because they couldn't verify my business address. The thing is, no one even reached out to me So I opened another business checking account as a Sole Prop with them and when I went to activate my debit card, I came to find out that my account had been shout shut down again for the same reason... The crazy part is that I have a personal account with them with the same address but that account was also a pain in the a@@ to open... I'll be closing my personal account this month. I'm glad that they have a good fraud dept but it's too overboard in my case too many times... Also, my debit card for the personal acct was compromised about a month ago and I've never it.

@MarkReese

Жыл бұрын

@@SledgeIncTeam - Frustrating. Thanks for sharing your experience.

@SpencerJohnsonOfficial

Жыл бұрын

@@SledgeIncTeam Very interesting and good to know! Ironically, my personal debit card was just compromised last week so I'm not super thrilled about that haha. Maybe they're having a weird security issue right now for some reason. Thanks for sharing about this though. It's always good to learn from others experiences as well.

@SpencerJohnsonOfficial

Жыл бұрын

@@MarkReese Ahhh I gotcha. And that's good to know about bill pay. Idk how that's possible that they wouldn't have that functionality. Seems like an easy thing to get added, but maybe not!

what about waiving the monthly maintenance fees as mentioned earlier?

@MarkReese

Жыл бұрын

Here's a link to Chase's site showing the different methods of waiving the monthly maintenance fees: www.chase.com/business/banking/checking

Wonder who shall I open a business account with chase or Navy Federal? And what type Salk I open for my new LLC I have a food catering trailer. Been with chase for 15 years and with Navy for 2 what do you recommend??

@MarkReese

Жыл бұрын

I've never used Navy Fed so I cannot provide an answer.

I also have a chase checking biz and on a side note I’m current at 5/24 exactly and I got a mail in offer for the chase ink unlimited. Would I be approved and would it be a hard pull?

@MarkReese

Жыл бұрын

I can't determine what Chase will do, but it will very likely be both a hard pull and a denial.

When you went into the branch what paperwork do you need to have on hand?

@MarkReese

Жыл бұрын

I remember being asked for my ID, EIN, and proof of business filing (e.g. certificate of filing).

Quick question. On my credit report it shows me oldest account being an American Express that im only an authorized user. My sole oldest account is my discover card. If i remove myself from the authorized user on Amex will my credit score being drastically affected? The Amex is 6 years old and the discover is 3 years old.

@MarkReese

Жыл бұрын

There isn't a way for me to predict the degree of score fluctuations. However, my guess is you score will likely take a significant hit, though it'd be temporary & you can build back from it.

So as a sole proprietorship with no dba what documentation is required for a business checking account?

@MarkReese

Жыл бұрын

None that I'm aware of.

❤ VERY INFORMATIVE ..THANK YOU !!!

@MarkReese

10 ай бұрын

You're welcome!

@rafaelgomez1989

10 ай бұрын

@@MarkReese Experience same online "unable to process application" issue . will go to branch in person. Thank you for your detailed info....and GREAT TIP on the LETTER WITH ASSIGNED $300 CODE OFFER ...will ask for it !!!!

@MarkReese

10 ай бұрын

@@rafaelgomez1989 - Good luck!

Just in time I was wondering why when I tried completing a Complete Business account it said couldn't go through due to the info provided so I have to go in branch. Can an in branch banker see if I have a pre approval for the Ink cards with out a Business account ?

@MarkReese

Жыл бұрын

Not sure what the banker can / cannot see. Ask them 👍

Still keep sending me this chase business account like 150.000 points and plus they be 120.000 points but is that credits like im new getting these in my mail

Hello Mark, I recently was accepted for the Chase business checking account and it said I had to complete 5 qualifying transactions. Wondering if I use my new business debit card to buy something online, would that be considered a qualifying transaction?

@MarkReese

Жыл бұрын

Yes. Here's what the Chase Terms say: Qualifying transactions are: debit card purchases, Chase QuickAccept℠ deposits, Chase QuickDeposit℠, ACH (Credits), wires (Credits and Debits), Chase Online℠ Bill Pay. ACH (Debits), Person to Person payments such as Zelle and online transfers to Chase credit card(s) are not considered qualifying transactions.

Thanks bro

@MarkReese

Жыл бұрын

👊

Hey Mark is there a monthly fee for maintaining this account?

@MarkReese

Жыл бұрын

Yes, $15/mo. But there are a variety of ways to waive it.

Mine said unable to approved and I believe is because I entered the application a couple of times. I will check in with them tomorrow.

@MarkReese

9 ай бұрын

Good luck with the final result!

What documents did you have to provide? I only have the LLC & EIN number. Can I open this account? I don't have a social security number and passport.

@MarkReese

Жыл бұрын

I was asked to provide proof of the LLC, so a certificate of filing is what I used. Also provided my driver license. I'm not sure if a SSN is required. Here's a link from Chase's site about what's required: www.chase.com/business/knowledge-center/start/what-do-you-need-to-open-a-business-account

@sonukharb6847

Жыл бұрын

@@MarkReese thanks bro.

Hello. I applied for chase but why do my need a operation agreement? Any ideas why?

@MarkReese

Жыл бұрын

It was not required when I applied. Did Chase say you must submit an Operating Agreement?

Best video

@MarkReese

Жыл бұрын

Thanks!

So i want my business to make recurring motnly payments from my customers, I cant do ACH for some reason, I bank with chase and i cant find any video or information on how to go by with it , Thye do have a Bill pay but its confusing. Any way you can simplyfy this concept ? thank you keep it up !

@MarkReese

9 ай бұрын

Do you mean you're trying to pay other businesses on a monthly basis from your account automatically?

@PABLEEZYTRADEZ

9 ай бұрын

No no, Im the one that will be recurring monthly payments from vendors, But ill probably use a thirs party like stripe for this @@MarkReese

Do you know if Chase offers indivual investment account for LLC?

@MarkReese

Жыл бұрын

Not sure, I'd call Chase & ask 👍

@FireyCam

Жыл бұрын

@@MarkReese I know the website says it's glory for personal but nothing about business

Does the initial deposit needs to be $2k right away to get the $300 bonus? Also can i delay the initial deposit maybe 7days to 10days? Thank man

@MarkReese

Жыл бұрын

Always read the terms of the current offer for which you're applying. The offer I did said, " a minimum deposit of $2,000 new money within 30 days of offer enrollment."

do i put money on the business checking account or do they put money like a loan ? or do you think it would be best to open up a business credit card instead ? what do you think?

@gwco.8227

Жыл бұрын

and this is for a brand new llc with no revenue whatsoever.

@MarkReese

Жыл бұрын

You put money in.

So when you created a business account ... does that mean you need a new login to go into the Chase for Business Portal? Or were you able to see everything from the personal login side?

@MarkReese

11 ай бұрын

Separate login for business. You can ask Chase to combine personal + business afterwards if you like.

@FireyCam

11 ай бұрын

@@MarkReese Well that's helpful. :) During the tutorial of you walking through, I didn't notice on the video of this option. Is it possible to set one address to the business but also setup a mailing address?

@MarkReese

11 ай бұрын

@@FireyCam - At least for Chase personal & business credit cards, yes, you can have a 'primary address' and a 'mailing address,' both of which can be different. I'm pretty sure it applies to the business checking account as well, but I cannot confirm 100% anymore since I closed my account.

How many hard inquiries do you average a year?

@MarkReese

Жыл бұрын

Not sure, I don't keep track ✌

They typically offer $400-$500 at other times of the year.

@MarkReese

Жыл бұрын

Correct 👍

Please what are the documents they requisted for , im a sole proprietor and i am looking to get a business account

@MarkReese

10 ай бұрын

From what I can recall, I presented my ID and whatever paperwork I had showing the LLC exists ("articles of organization" / "certificate of filing").

Do they do a credit pull when opening?

@MarkReese

Жыл бұрын

Nope ✌

I got the same error I’ll be going to a branch aswell

@MarkReese

Жыл бұрын

They should get you set up 👍

I went to chase bank, requested to open account cannot open online. It looks only some types of accounts (not sure what are they); you can open online other you need goto branch. The people at chase branch, ask me to provide documentation which should not be applicable sole proprietorship and if not doing DBA (like certificate from state). Bizarre!!

@MarkReese

Жыл бұрын

Bizarre indeed 😅

How do you waive the monthly account fee ?

@MarkReese

Жыл бұрын

You can see the different ways of waiving the fees at this link: www.chase.com/business/banking/checking

Are you learning Spanish mark? I’ve seen a couple of times your phone has Spanish text on some apps haha

@MarkReese

Жыл бұрын

Yes 🇨🇴

This is ridiculous. I received this same offer to open a complete business checking account, but am being asked to deposit $20 000 instead of $2000 for a reward of $750. That’s a lot of money. Don’t know if I should allly. Thanks for the video though.

@MarkReese

Жыл бұрын

Yeah different offers come & go throughout the year. Consider going to a Chase branch & ask if they can change the offer code associated with your account to the smaller one.

How long until you receive the $300?

@MarkReese

Жыл бұрын

Here's what Chase's terms say: "After you have completed all the above checking requirements, we'll deposit the offer amount in your new account within 15 days."

Did they offer you a credit card also with the account opening?

@MarkReese

2 ай бұрын

Yes they did.

@thehigherupz2259

2 ай бұрын

@@MarkReese did you have to personally guarantee with your social or just EIN?

@MarkReese

2 ай бұрын

I didn't go through with the credit application though. That said, be aware that small business credit cards from Chase still require a personal guarantee.

@thehigherupz2259

2 ай бұрын

@@MarkReese thank you

If you get a business credit card from chase do you need a business check account

@MarkReese

Жыл бұрын

No that's not required.

@boatenthusiastandexplorer6961

Жыл бұрын

@@MarkReese oh ok thanks

Mark - possible to get business cards without LLC ?

@djpuplex

Жыл бұрын

Sole proprietorship.

@77Joseph777

Жыл бұрын

Yes, I have both Amex business Credit cards with a sole proprietorship

@MarkReese

Жыл бұрын

Yes 👍

@dbest4755

Жыл бұрын

@@CheekyBird790 oki doki

@dbest4755

Жыл бұрын

@@MarkReese Capitol one very tight on credit limits, SPARK business card worth it ?

Mark Reese i am from pakistan and now i lived in UAE i have a non resident llc and all have that documents of llc like operating agreement banking resolution articles of organization and also have usa virtual number and address and i am doing business on amazon can i open chase account if possibble tell me the requirements!

@MarkReese

7 ай бұрын

Unfortunately I'm not able to advise on this. Call Chase & ask them.

@KamranSikandar446

7 ай бұрын

@@MarkReese OK Thanks you Do Much O will Call them 😘😘😘

what about waving the service fees?

@MarkReese

9 ай бұрын

You can see those requirements on Chase's site here: www.chase.com/business/banking/checking

deposit limits?

@MarkReese

10 ай бұрын

That varies by the type of business checking account. If you're asking about the one I opened (Chase Business Complete Banking), and if you're referring to cash deposits, then it allows up to $5,000 in cash deposits per statement cycle without a fee.

😁👍💰 Chase has my business account. My account is 1 year old.

@MarkReese

Жыл бұрын

Awesome! 💵

👍🏻

@MarkReese

Жыл бұрын

👍

👍

@MarkReese

Жыл бұрын

👍

You never shown how to wavie fee 😢

@MarkReese

10 ай бұрын

You can see the requirements on Chase's website at this link: www.chase.com/business/banking/checking

chase business uh

@MarkReese

Жыл бұрын

Yes.

Chose the longest name you could think of ehh..👍

@MarkReese

Жыл бұрын

😬

I'm out of the credit game.

@MarkReese

Жыл бұрын

What's next?

@MarkReese

Жыл бұрын

@@CheekyBird790 - This video has nothing to do with credit.

@berryzedzero

Жыл бұрын

@@MarkReese now I sit back and enjoy the fruits of my labor. But my peace will not last long. New challenges are constantly presenting themselves.

Excellent Video! I am in the middle of this process now. I appreciate the information! #RobbArmstrong

@MarkReese

4 ай бұрын

Glad you found it helpful!

In 2024 that $300 dollar offer has increased to $400, 🙂 #RobbArmstrong

@MarkReese

4 ай бұрын

Legit!

Hi mark, I’m trying to figure out how I can first time transfer my chase points over to my husbands chase account, I’ve read there is a number I have to call to connect our account together is this true?

@MarkReese

Жыл бұрын

If this is your 1st time transferring point to another family member, then it's my understanding you'll need to call the # on the back of the card to ask an agent to assist.