"Most bank account promotions are designed with individual consumers in mind, leaving small-business owners feeling a bit left out. But don’t worry, there are still some great deals out there for you. You just need to know where to look.
There are several banks that offer promotions and bonuses for small businesses, including sole proprietors and freelancers. These promotions are available to businesses of all sizes and are FDIC-insured. However, keep in mind that these accounts often come with minimum balance requirements, monthly fees, and other conditions. So, always read the fine print before you sign up.
One of the standout offers is from Chase. They’re offering a $300 bonus for their Business Complete Checking account. To get this bonus, you need to open a new account by July 22, 2024, deposit $2,000 within 30 days and maintain that balance for 60 days, and make at least five qualifying transactions within 90 days. Once you’ve done all that, you’ll get your bonus within 15 business days.
U.S. Bank is also offering a bonus for new business checking accounts. You can earn up to $800 if you open an account by August 30, 2024, and deposit at least $5,000 within 30 days. If you can deposit $25,000, you’ll get the full $800 bonus.
Axos Bank is offering a $400 bonus for their Basic Business Checking account. All you need to do is apply by June 30, 2024, and use the promo code NEW400.
PNC Bank has a bonus offer of up to $1,000 for their Business Checking accounts. To get the $200 bonus, open an account by March 31, 2024, maintain a balance of $5,000 for the first three statement cycles, and make at least 20 qualifying transactions. If you can maintain a balance of $30,000, you’ll get a $500 bonus. And if you can maintain a balance of $100,000, you’ll get the full $1,000 bonus.
Remember, these banks don’t just cater to businesses. They also offer personal accounts with competitive rates and rewards. So, if you’re a business owner who also needs a personal account, these promotions might be just what you’re looking for."
