6 Best Business Bank Account Bonuses and Promotions (2024)

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As a small business owner, having a business bank account is a crucial step in separating your business and personal expenses, and it can add legitimacy for newer startups looking for financing. But as you consider account features, such as how many free transactions you get, how they integrate with accounting software and whether you get ATM fee refunds, it's also a good idea to search for accounts that offer bonuses for new account holders.

Bank sign-up bonuses incentivize business owners to sign up and start using their accounts, but the amounts and requirements can vary. While bank account bonuses aren't as plentiful for small businesses as they are for consumers, there are still a handful of options available nationwide and in select states.

Best Business Bank Bonuses and Promotions

Business bank account bonuses can be a great way to earn some cash while you're trying out a new account. That said, it generally takes some effort, and some banks require more than others to earn the cash. This is especially true if you want to take multiple bank accounts for a trial run. 

Here are some of the best bank account bonuses that are out there currently and what you need to do to earn them.

Compare Chase Ink Business Credit Cards

Credit Card	Intro Bonus	Annual Fee	Rewards Rate	Learn More
Ink Business Unlimited® Credit Card Apply Now	$750Cash Bonus More Info Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening	$0	1.5%Cashback More Info Earn unlimited 1.5% cash back on every purchase made for your business. The advertised rewards type is cash back, but it’s important to note that you’re technically earning Chase Ultimate Rewards points (which can then be converted to cash back).	Apply Now
Ink Business Cash® Credit Card Apply Now	$750Cash Bonus More Info Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening	$0	1% - 5%Cashback More Info Earn 5% cash back on your first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. It also offers you 2% cash back on your first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year.	Apply Now
Ink Business Preferred® Credit Card Apply Now	100,000Chase Ultimate Rewards Points More Info Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening. Dollar Equivalent: $2,300 (100,000 Chase Ultimate Rewards Points * 0.023 base)	$95 More info This fee includes extra cards for authorized users, such as employees, at no additional charge.	1x - 3xPoints More Info Earn 3x points on the first $150,000 of combined spending in a number of key business categories	Apply Now
Ink Business Premier® Credit Card Apply Now	$1,000Cash Bonus More Info Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.	$195	Up to 2.5%Cashback More Info Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases.	Apply Now

U.S. Bank Business Checking: Up to $800 Offer

U.S. Bank (Member FDIC) offers multiple tiers of business checking accounts that can accommodate businesses large and small.

• Offer: $350-$800
• Offer expiration: April 23, 2024
• How to get the offer: 
  • Open a new account through a partner link found on this page.
  • Open an eligible account using promo code Q1AFL24 on your application.
  • To earn a $350 bonus, deposit at least $5,000 in new money and maintain that balance for 60 days from account opening.
  • To earn a $800 bonus, deposit $25,000 or more and maintain the balance for 60 days.
  • Finally, enroll in business online banking within 60 days of account opening.
• Who qualifies: To qualify for this offer, you must be a new U.S. Banking customer.
• When you'll get the offer: The bonus will be deposited into your account within 30 days following the last calendar day of the month you complete all the offer requirements, as long as the account is open and has a positive available balance.

Eligible U.S. Bank Accounts

Qualifying U.S. Bank Business Checking Accounts

Account	Intro Bonus	Minimum Opening Deposit	Monthly Fee	Learn More
U.S. Bank Silver Business Checking Account Open Account	Up to $800Expires April 23, 2024 More Info Earn up to a $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q1AFL24 and complete qualifying activities1, subject to certain terms and limitations. Offer valid through April 23, 2024. Member FDIC.	$100	$0	Open Account
U.S. Bank Gold Business Checking Account Open Account	Up to $800Expires April 23, 2024 More Info Earn up to a $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q1AFL24 and complete qualifying activities1, subject to certain terms and limitations. Offer valid through April 23, 2024. Member FDIC.	$100	$20 with options to waive More Info You can waive this account's monthly maintenance fee with one of the following: have a U.S. Bank Payment Solutions Merchant Account, $10,000 average collected checking balance or $25,000 average collected checking balance on interest-bearing option, $20,000 in combined average collected deposit balances or $50,000 in combined average collected balance on interest-bearing option or $50,000 combined average collected business deposits and outstanding business credit balances.	Open Account
U.S. Bank Platinum Business Checking Account Open Account	Up to $800Expires April 23, 2024 More Info Earn up to a $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q1AFL24 and complete qualifying activities1, subject to certain terms and limitations. Offer valid through April 23, 2024. Member FDIC.	$100	$30 with option to waive More Info You can waive this account's monthly maintenance fee with one of the following: $25,000 average collected checking balance or $75,000 combined average collected business deposits and outstanding business credit balances.	Open Account

Chase Business Complete Checking®: $300 Bonus Offer

Chase Business Complete Checking is the bank's flagship business checking account, and it offers all of the benefits you'd expect from one of the largest banks in the U.S.

Qualifying for its bonus isn’t difficult, but there are a series of qualifying activities you’ll need to complete to be eligible. Our full review details everything you need to know about Chase Business Complete Checking.

• Bonus offer: $300
• Offer expiration: July 22, 2024
• How to get your bonus:
  • Open an account through the link on this page.
  • Open and fund a new account with at least $2,000 within the first 30 days from account opening to qualify for a $300 bonus
  • Maintain at least a $2,000 balance for 60 days
  • Complete at least five qualifying transactions within the first 90 days of opening your account.
• Qualifying transactions: Qualifying activities include debit card purchases, Chase QuickDeposit, Chase QuickAccept Deposits, ACH credits, Chase Online Bill Pay and wire transfers
• When you'll get your bonus: Your bonus will be deposited into your new account within 15 days after you have completed all the above checking requirements.

Chase Business Complete Checking®

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at Chase

• Our Rating 5/5 How our ratings work Read the review
• APYN/A
• Minimum
  Deposit RequiredN/A
• Intro Bonus $300Expires July 22, 2024 More Info

  Earn $300 when you open a new Chase Business Complete Checking® account. For new Chase business checking customers with qualifying activities.

The Chase Business Complete Checking® account is an attractive option. It offers the convenience of one of the largest financial institutions in the country, and it frequently offers bonuses that are relatively easy to earn. While it does not allow you to accrue interest on your funds like some other popular small business checking accounts, it's still very much worth considering if you can meet the requirements to waive its monthly fees.

• Overview
• Pros & Cons

Overview

The Chase Business Complete Checking® account comes loaded with a valuable sign-up bonus and an assortment of helpful perks, so long as you can meet the requirements to waive its monthly fees. It’s a good fit for many business checking customers, regardless of business size.

Read the review

Pros

• Generous signup bonus
• Several options to waive monthly fee
• Same-day deposits using QuickAccept℠ service
• Huge network of in-person branches and ATMs

Cons

• Monthly maintenance fee
• Overdraft fees are relatively high
• Limit on fee-free cash deposits and physical transactions

Axos Bank: Up to $400 Bonus Offer

Axos Bank is an online-only bank that offers a variety of business checking and savings accounts. If you open one of the bank's business checking accounts, you can earn up to $400 by meeting certain requirements.*

The bank is offering up to $400, paid out in $75-$100 increments. While this promotion is available during the first five statement cycles from account opening, you can only earn a bonus in a maximum of four statement cycles.

Note that you'll need to use promotional code NEW400 when you open your account.

When you'll get your bonus:

• Bonus offer: Up to $400
• Offer expiration: June 30, 2024
• How to qualify:*
  • Open a new account through the Axos website and use code NEW400.
  • Fund your new account within 60 days and keep the average daily balance in your account at $25,000 or greater. You'll earn $75 for each statement cycle in which your average daily balance is between $25,000 and $49,999.99, or $100 for each statement cycle in which your average daily balance is above $50,000.
  • In both cases, you'll also need to complete 10 point-of-sale transactions per month using your Small Business Checking Visa® Debit Card for signature-based purchases (minimum $3/transaction), and have bill pay set up and connected to your business checking account to be eligible for the bonus.
  • Finally, keep your account open and in good standing for at least 120 days.
• Qualifying transactions: None
• When you'll get your bonus: Once you’ve met the requirements, the bonus will be deposited into your account within 10 business days of your statement cycle date.

Axos Business Checking and Savings Accounts to Consider

Account	Intro Bonus	Minimum deposit required	Monthly maintenance fee	Learn More
Axos Basic Business Checking Account Open Account	Up to $400Expires June 30, 2024 More Info Open a business checking account by June 30 and get up to $400 when you use promo code NEW400 on your application and maintain a minimum average daily balance of $50,000.	N/A	$0	Open Account
Axos Business Interest Checking Open Account	Up to $400Expires June 30, 2024 More Info Open a business checking account by June 30 and get up to $400 when you use promo code NEW400 on your application and maintain a minimum average daily balance of $50,000.	$100	$10 with options to waive More Info This account's monthly maintenance fee is waived for customers whose average daily balance is $5,000 or greater.	Open Account
Axos Business Savings Account Open Account	$0	$1,000	$5 with option to waive More Info This account's monthly maintenance fee is waived for customers whose average daily balance is $2,500 or greater.	Open Account

*Disclosure

^{To be eligible to earn all or a portion of the cash incentive as part of the promotional offer "NEW400," an application for a Basic Business Checking account or a Business Interest Checking account must be submitted between 09/30/2023 at 12:00 am PT and 6/30/2024 at 11:59 pm PT. Axos Bank reserves the right to limit each primary account holder or business title to one (1) checking account promotional offer per year. Axos Bank or Axos Bank for Nationwide checking customers or Businesses that have held an Axos Bank or UFB or Axos Bank for Nationwide checking or savings account in the past 12 months under the same title are not eligible for this offer. Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. After initial requirements above are met, the amount of incentive earned will depend on meeting the additional requirements outlined below:}

^{Small Business Checking bonus up to $400: You must be approved for your new Basic Business Checking or Business Interest Checking account and fund it within 30 days of account opening. An incentive of up to $400 can be earned during the first five (5) statement cycles. A statement cycle is a calendar month consisting of at least one day your account was open during that month. You can earn a maximum of four (4) payouts during the five (5) statement cycles, and the incentive will be deposited into the qualifying account within 10 business days following the end of the statement cycle in which the balance requirement was met.}

• ^{$75 will be earned for each statement cycle, up to $300 when you meet three requirements: 1) the average daily balance in your Basic Business Checking account or Business Interest Checking Account is between $25,000 and $49,999.99, 2) you have completed ten (10) point-of-sale transactions per month using your Small Business Checking Visa® Debit Card for signature-based purchases with a minimum of $3 per transaction, 3) You must also have bill pay set up and connected to your Basic Business Checking account or Business Interest Checking account. The bill pay transaction minimum is $10.}
• ^{$100 will be earned for each statement cycle, up to $400 when you meet three requirements : 1) the average daily balance in your Basic Business Checking account or Business Interest Checking Account is greater than $50,000, 2) you have completed ten (10) point-of-sale transactions per month using your Small Business Checking Visa® Debit Card for signature-based purchases with a minimum of $3 per transaction, 3) You must also have bill pay set up and connected to your Basic Business Checking account or Business Interest Checking account. The bill pay transaction minimum is $10.}

^{Your Small Business Checking account must remain open and in good standing at the time the incentive is paid to be eligible. Furthermore, your Small Business Checking account must remain open for 150 days, or an early closure fee of up to $400 may apply.}

American Express Business Checking: 30,000 Point Offer

American Express launched its business checking account shortly after it acquired Kabbage. The account offers a 1.30% APY on balances of up to $500,000, which is impressive. When you sign up, you'll receive 30,000 Membership Rewards points after you deposit $5,000 within 30 days of opening your account and maintain that balance for 60 days while making five or more qualifying transactions during that time. 

• Bonus offer: 30,000 Membership Rewards points
• Offer expiration: Not listed
• How to get your bonus:
  • Open a new account through the American Express website
  • Deposit $5,000 within 30 days and maintain an average balance of $5,000 for 60 days and make 5 or more qualifying transactions within 60 days
• Qualifying transactions: Make at least five qualifying transactions within 60 days, including mobile deposits, ACH transfers, wire transfers and bill payments
• When you'll get your bonus: Once you’ve met the requirements, the bonus will be deposited into your account within 8-12 weeks

Learn More

PNC Bank: $200-$1,000 Bonus Offers

PNC Bank offers four business bank accounts. If you open a Business Checking or Business Checking Plus account, you can earn $200 by maintaining a minimum average ledger balance of $5,000 for each of the first three statement cycles and make at least 20 qualifying transactions with your debit card during that time.

If you have a larger business, you can earn $500 when you open an Enterprise Plan or Analysis Business Checking account and maintain a minimum average ledger balance of $30,000 for each of the first three statement cycles. You also have the opportunity to earn $1,000 if you open an Analysis Business Checking account and can maintain an average ledger balance of at least $100,000 for each of the first three statement cycles.

• Bonus offer: Up to $1,000
• Offer expiration: June 30, 2024
• How to get your bonus:
  • Open a new account through the PNC Bank website.
  • Deposit $5,000 in a Business Checking or Business Checking Plus account and maintain that balance for the first three statement cycles, or deposit $30,000 in an Enterprise Plan or Analysis Business Checking account and maintain that balance for the first three statement cycles, or deposit $100,000 in an Analysis Business Checking account and maintain the balance for the first three statement cycles.
• Qualifying transactions: For the smaller bonus, make at least 20 qualifying debit card transactions within the first three statement cycles. That includes any debit card purchase made at the point of sale using your signature or PIN or a purchase made electronically or online using your debit card number, including recurring payments.
• When you'll get your bonus: Once you’ve met the requirements, the bonus will be deposited into your account within 90 days

Huntington Bank Business Checking Accounts: $100-$1,000 Bonus Offers

With three business checking options, Huntington Bank offers a range of accounts that could fit the needs of startups, small businesses and larger companies. New customers can earn a bonus for a limited time by opening an eligible account and meeting a handful of requirements. (These offers are only available to residents of Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia and Wisconsin.)

• Bonus offer: $100-$1,000
• Offer expiration: April 30, 2024
• How to get your bonus:
  • Open a new account online or in-branch
  • Open an eligible business checking account and deposit new money that meets the account’s bonus requirement (within 30 or 60 days of account opening, depending on account).
  • You will also need to maintain that balance for 90 days.
• When you get it: The bank will send your bonus within 14 days of meeting requirements
• Eligible Huntington business accounts:
  • Business Checking 100: Deposit $2,000 to earn a $100 bonus
  • Unlimited Business Checking: Deposit $5,000 to earn a $400 bonus 
  • Unlimited Plus Business Checking: Deposit $20,000 to earn a $1,000 bonus

How to Pick the Right Business Bank Bonus

Business bank account bonuses can provide you with cash you can use to build your business, but it's crucial to read the fine print before you sign up. Here are some tips to help you compare and qualify for bank bonuses:

• Read the fine print: Some bonus requirements are very specific.You may even want to take screenshots of the terms and conditions to refer back to later, especially if the bonus is set to expire before your qualifying period ends.
• Review the bonus timing: Many banks require you to keep your account open for a set period of time. If you cancel too early, you could lose the bonus even if you've already transferred it out of your account. 
• Report your bonus to the IRS: Bank account bonuses typically get reported to the IRS as interest income, so expect to receive a 1099 form at the start of tax season. You'll need to report this income when you file your tax return.
• Figure out if you qualify: Consider which bonuses have requirements you can easily meet. For example, if you sign up for an account that requires you to maintain a minimum balance for a few months, make sure you won't need that money during that time. 
• Watch out for fees: Check if your new account will have monthly or other service fees that will eat into the value of your bonus and potentially make the account not worth your time.

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