Chase Business Complete Banking vs Bank of America Business Advantage

Two banking tools side by side. Prices are the starting plan a small business would pick, in USD.

Short version

  • Chase Business Complete Banking costs less for a six-person team.
  • Bank of America Business Advantage: First year free.
CompareChase Business Complete BankingJPMorgan ChaseBank of America Business AdvantageBank of America
In one lineBranch banking with card acceptance built inBranch checking with the first year free
Starting priceFrom $15/moFrom $16/mo
Six-person team$15/mo$16/mo
Plans$15/mo service fee, or $0 when you meet a waiver condition; up to 20 paper and teller transactions and $5,000 in-branch cash deposits per statement cycleFundamentals: $0 for 12 months, then $16/mo unless you keep a $5,000 combined average balance, spend $500/mo on the debit card, or join Preferred Rewards; Relationship: $29.95/mo or $0 with waivers
Pricing modelPaidPaid
Free trial——
UsersUnlimitedUnlimited
Both connect toXero
Also connects toNo others on recordQuickBooks Online
Team sizeJust me · 2–10 people · 11–50 peopleJust me · 2–10 people · 11–50 people
Available inUSUS
Phone supportEvery planPlans not stated
Live chatNone listedNone listed
Support hoursNot publishedPhone: Mon–Fri 7 a.m.–11 p.m. ET; Sat 8 a.m.–8 p.m. ET
Incidents postedWe found no public status page for JPMorgan Chase.We found no public status page for Bank of America.
Fit: Retail shop8582
Fit: Restaurant or café8580
Fit: Service business7072
Fit: Agency or studio5555
Fit: Trades or contractor7875
Fit: Online store5050
Why people pick it
  • Branches for cash deposits
  • Card acceptance included
  • First year free
  • Large branch network
Where it falls short
  • $15 fee unless waived
  • Caps on teller transactions and cash
  • $16 fee after a year unless waived
  • Low interest
Visit Chase Business Complete Banking Visit Bank of America Business Advantage

Six-person prices are what a team of six would pay on the published plans; "Not listed" means those plans don't cover six. How we calculate prices

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