9 Best Business Checking Account Promotions For February 2024: Are you on the lookout for business checking account promotions? You’re in the right place. Just like with personal accounts, banks vie intensely to attract new business clients. Consequently, by simply opening a new business checking account, you can often earn several hundred dollars.
Naturally, before delving into promotional offers, it’s crucial to understand your company’s banking requirements. You’ll want an account with the lowest fees based on your business’s typical usage.
For instance, some business accounts provide a set number of transactions each month at no cost – encompassing deposits, withdrawals, debit purchases, check writing, and more – before levying charges for additional transactions.
Others offer unlimited transactions, akin to the structure of most personal checking accounts. This may involve a monthly fee or not.
Clearly, it’s prudent not to prioritize the welcome offer over a fundamental understanding of the account, its fees, and its suitability for your business. Once equipped with that understanding, however, it’s time to seize the opportunity!
In this article, I’ll delve into all the top business checking bonus offers currently available. From traditional brick-and-mortar banks to online-only banks and everything in between – if there’s a lucrative bonus to be snagged, you’ll discover it here.
Best Business Checking Account Promotions
Here are the latest business bank account bonus offers currently available:
- Chase: $400 bonus
- U.S. Bank: up to $800 bonus
- NorthOne: $30 bonus
- Found: $20 bonus
- Axos: up to $400 bonus
- Bank of America: $200 bonus
- Bluevine: 2.00% APY
- M&T: $500 bonus
- S&T Bank: up to $900 bonus
- Partner Colorado Credit Union: $250 bonus
- PNC: $200 bonus
- Huntington: $400 bonus
- BMO: up to $1000 bonus
- Citi®: up to $2000 bonus
- Seacoast: $600 bonus
- Republic Bank & Trust Company: $200 bonus
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1. Chase Bank
Chase Bank presents business owners with a tempting $400 bonus upon opening a new Chase Business Complete Checking® account.
Meeting the requirements is straightforward: deposit a minimum of $2,000 in new funds and maintain this balance for 2 months, then complete just 5 qualifying transactions within the subsequent 3 months. Several activities qualify as “qualifying transactions,” including debit card purchases, account deposits, bill payments setup, and more. Refer to the fine print for the complete list, but rest assured, meeting these requirements should be hassle-free.
What sets this bonus apart from other business checking account offers is Chase’s recent introduction of online account opening. Unlike the majority of business checking accounts requiring a visit to your local branch, opening an account at Chase is now considerably more convenient.
Alternatively, if you prefer personalized assistance, you can still take advantage of this offer by providing your email address on the bonus landing page to receive an offer code. Simply ensure you have this code handy when visiting a branch.
Chase Business Complete Checking® – $400 bonus
Offer Expires: April 18, 2024
To qualify for the Chase Business Complete Checking® signup offer and earn the $400 bonus, you’ll need to fulfill certain requirements, which include:
- Acquire a Chase business coupon through the provided link and initiate the opening of a new Chase Business Complete Checking® account.
- Within 30 days, deposit a cumulative sum of $2,000 or more in new funds.
- Maintain a minimum balance of at least $2,000 for a duration of 60 days.
- Within 90 days of opening the account, complete 5 qualifying transactions. These transactions may include debit card purchases, Chase QuickAccept℠ deposits, Chase QuickDeposit℠, ACH credits, wires (both credits and debits), and/or bill payments.
- The bonus will be credited to your account within 15 days of fulfilling all requirements.
2. U.S. Bank
U.S. Bank presents an enticing welcome bonus of up to $800 when you open and fund a new eligible business checking account. This bonus operates on a tiered structure, allowing you to earn more based on the amount you deposit. To secure the full $800 bonus, simply deposit $25,000 in new funds and maintain this balance for a minimum of 60 days. Notably, this offer has been enhanced since its last iteration, aiming to reward businesses with larger balances. If you’ve been contemplating U.S. Bank for your business banking requirements, now might be an opportune moment to seize this offer.
Business Checking – Earn Up to $800 Bonus
Offer Expires: April 23, 2024
To qualify for the Business Checking signup offer and receive the $800 bonus, you’ll need to fulfill specific criteria. Here are the full requirements:
- Open a new Silver, Gold, or Platinum Business Checking Package from U.S. Bank online using the promo code Q1AFL24, and complete the qualifying activities. (Member FDIC)
- To earn a $350 bonus: Deposit $5,000 in new funds within 30 days of opening the account and maintain this balance for 60 days after the account opening.
- To earn an $800 bonus: Deposit $25,000 in new funds within 30 days of opening the account and maintain this balance for 60 days after the account opening.
- The bonus will be credited to your new U.S. Bank business checking account within 45 days after meeting all requirements.
- Offer is subject to specific terms and limitations.
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3. NorthOne
Similar to other neobanks, NorthOne aims to revolutionize business banking through technology. Unlike traditional bank accounts that impose transaction limits and higher fees as your business expands, NorthOne offers a flat monthly fee of $10 with no additional charges for ACH payments, deposits, transfers, purchases, or app integrations.
As an exclusive offer for BankBonus.com readers, NorthOne is currently offering a promotion for their Business Banking account, providing a 3-month free trial. There are no hidden terms or additional requirements – simply sign up through our link, fund your account with any amount, and your first two monthly fees will be waived.
Business Banking – $30 Bonus
Expires: Limited Time
To qualify for the $30 bonus with the Business Banking signup offer, follow these steps:
- Sign up using the provided link below.
- Fund your account with any amount.
- Enjoy the waiver of your first three monthly fees.
4. Found
Found is a recently established fintech company in the business banking sector, providing an array of free services tailored to small businesses.
With Found, there are no mandatory monthly fees or minimum balance requirements. You can easily integrate apps like Quickbooks and Stripe, enjoy unlimited transactions, utilize free built-in expense tracking and tax tools, and make free ACH transfers. For those needing more advanced features such as photo receipt capture, Found offers a subscription service called Found Plus.
Additionally, new customers can earn $20 by fulfilling minor spending requirements. While not a substantial bonus, Found offers an intuitive platform for small businesses to efficiently manage their operations and expenditures.
Note: The $20 bonus may not be visible on their website until after you have set up your Found account.
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Business Banking – $20 Bonus
Expires: Limited Time
The Business Banking signup offer necessitates making purchases using the account’s card to earn the $20 bonus. The full requirements to receive this bonus include:
- Opening a new Found account via the provided link.
- Completing $100 in spending with your new Found business debit Mastercard® within 30 days of account opening.
5. Axos Bank
Nationwide accessibility and online opening options make Axos’ Business Interest Checking account appealing. Earn up to a $400 welcome bonus by opening this account and maintaining a minimum balance, with debit card usage required for eligibility. This offer represents a significant increase compared to their previous promotions, making it an opportune moment to seize the opportunity.
Business Interest Checking – Up to $400 Bonus
Expires: February 29, 2024
To qualify for the Business Interest Checking signup offer and earn the $400 bonus, you must adhere to the following requirements:
- Open a new Business Interest Checking account with Axos Bank using promo code NEW400.
- Within the first 5 statement cycles, earn $75 for each cycle where the average daily balance ranges from $25,000 to $49,999.99, up to a total of $300. Alternatively, earn $100 for each statement cycle where the average daily balance is at least $50,000, totaling up to $400.
- Additionally, complete 10 purchases of at least $3 each using your Small Business Checking Visa® Debit Card and set up BillPay on your account.
- The bonus will be deposited into your new account within 10 business days of your statement cycle.
6. Bank of America
If you’re a business owner looking for a new checking account, consider exploring this offer from Bank of America.
They’re currently providing a $200 cash bonus upon opening a new Bank of America® Business Advantage Banking account and maintaining qualifying deposits.
To qualify, you have the option to select either the Bank of America Business Advantage Relationship Banking or Business Advantage Fundamentals™ Banking accounts. Both come with monthly fees that can be waived by meeting minimum deposit requirements. See below for further details. Afterward, simply deposit $5,000 into your new account. It’s straightforward!
Bank of America® Business Advantage Banking – $200 bonus
Expires: June 30, 2024
To qualify for the $200 bonus with the Bank of America® Business Advantage Banking signup offer, you must deposit and maintain a minimum balance. Here are the full requirements:
Here are the steps to qualify for the Bank of America® Business Advantage Banking $200 bonus:
- Open a new Bank of America® Business Advantage Banking account.
- Within 30 days, deposit $5,000 or more in new funds.
- Maintain an average balance of $5,000 for the following 60 days.
- The bonus will be deposited directly into your Business Advantage Banking account within 60 days after the end of your qualifying period.
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7. Bluevine
BlueVine is dedicated to providing the highest Annual Percentage Yield (APY) on business checking accounts. This high-yield is applicable to all balances up to $100,000.
With no minimum opening deposit or ongoing balance requirements, and no monthly fees, this account offers an exceptionally competitive deal.
By choosing BlueVine, you can be confident that you’ll enjoy the highest rates even as market conditions evolve.
Business Checking – 2.00% APY
Expires: Limited Time
To earn the 2.00% APY with the Business Checking signup offer, you need to fulfill the following requirements:
Here are the steps to qualify for the BlueVine Business Checking account offer:
- Open a new BlueVine Business Checking account using the provided link.
- Transfer funds from another source into the account.
- Spend at least $500 per month using the BlueVine Business Debit card.
- Receive a minimum of $2,500 per month in customer payments into your BlueVine Business Checking account via ACH, wire transfer, mobile check deposit, or directly from a merchant payment processing provider.
- Interest is compounded daily and credited to your account each month when all requirements are met.
8. M&T Bank
M&T is providing a $500 bonus to new Tailored Business Checking customers. To qualify, you must deposit $5,000 and maintain that average balance in the third full calendar month after opening the account. This bonus offers an impressive 72% effective return on your savings.
Moreover, if you’re seeking a Merchant Services account, you can pair this offer with their Merchant Services bonus, resulting in a combined reward of $1000.
M&T Tailored Business Checking – $500 bonus
Expires: March 29, 2024
The M&T Tailored Business Checking signup offer requires you to deposit and maintain a minimum balance to earn the $500 bonus. Full requirements to receive this bonus are:
- Open a Tailored Business Checking account using the provided link with promo code BD.
- Maintain an average balance of $5,000 during the third full calendar month following account opening to qualify for the $500 bonus.
- The bonus will be awarded within 45 days after the end of the third full calendar month after the account was opened.
9. S&T Bank
S&T Bank is providing new business checking customers with a cash bonus of up to $900.
The bonus is divided into two components:
- $300 for opening a Basic Business Checking account and funding it with a minimum of $1,000 (or $600 if funded with at least $25,000), along with requesting and activating a debit card.
- An extra $300 is available if you also establish a new payment processing account with them. However, even if you choose not to open the processing account, you remain eligible for the account opening bonus of up to $600.
Basic Business Checking – up to $900 bonus
Expires: March 29, 2024
The Basic Business Checking signup offer requires you to deposit and maintain a minimum balance in order to earn the $900 bonus. Full requirements to receive this bonus are:
- Open a new Basic Business Checking account using the provided link.
- Within 5 days, deposit $1,000 and maintain an average daily balance of $1,000 on April 30, 2024, to earn $300. Alternatively, deposit $25,000 and maintain an average daily balance of $25,000 on April 30, 2024, to earn $600.
- Apply for, receive, and activate a debit card by April 30, 2024.
- To earn an additional $300, also open a new S&T payment processing account through Elavon and accept payments by April 30.
- Bonuses will be credited to your account on May 9, 2024.
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