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sparkle pony
sparkle pony

anybody get tax docs for this one?

Michael
Michael

Is this a once per lifetime bonus? I did it back in December 2019…closed in July 2020…would like to do again.

But this seems to suggest a no go: “Limit one business checking bonus per company.”

TDD
TDD

There are also paper statement fees which are turned on by default, $2 each. First statement fee is waived. Gotta turn it off in the app. I got hit with the second month fee on my personal account after i got the $400 bonus.

abe
abe

Please remove Ky. No branches anymore.

Holly G
Holly G

It doesn’t specify how long you have to leave the $5000 in checking or $2500 in savings. Anyone know if you could transfer most it out of there a few days later? You can get the value checking for $5 a month with no minimum balance requirement.

Don Reynaldo
Don Reynaldo

Pretty easy bonus, but you have to go in branch. Only branch now in GA is in Dahlonega.

Went in 11/30/20 to open the account.

Lady was busting my balls about the Secretary of State thing.

For a sole prop you don’t need that in GA- you need to be registered with the Department of Revenue/Department of Taxation. Sec of State is only for LLCs and such.

Luckily I brought a copy of my DBA from Hawaii when I started my business there. Lady had to call corporate and check if this was acceptable. They printed me a debit card in branch, a first for me.

I think having a federal EIN for my legit sole prop helped my case as well. It’s easy to get, do it!

But they want new customers and deposits, so they signed me up.

Deposited $5100 and then reloaded my amazon GC 6 times.

12/14/20 Bonus posted.

Also got the $150 gift card in the mail that week. You’re supposed to open a Biz Savings acct for the $150, but I had the lady in branch apply the coupon code to my biz checking acct. So I forgot to open the savings and deposit $2500 there, but still got it!

Never take no for an answer, always politely escalate the situation.

arch
arch

This bank now requires sole proprietors to have a dba listing with the secretary of state. Only bank that I’ve found that won’t just open as a sole proprietor with SS#. Called several branches to confirm. Screw them. Anybody have counter data points? thanks

Christopher Robin
Christopher Robin

@arch Back when they were Capital Bank, I was able to open as a sole prop with a DBA fictitious name certificate listing on the state website. They required this back in January 2019. I am in FL and from my experience, almost all of the banks require this for business accounts.

arch
arch

I opened when they were First Tennessee in Aug ’18 with no such nonsense. I tried again after they became Capital and failed. I thought that by this time with all the pandemic changes they might have loosened up but no. They’re the only bank in NC that has this that I have opened, and that’s quite a few. I just opened yesterday with Suntrust online, whereas in the past I had to go in branch to complete. Just curious, was your DBA just made specifically to open this account or is it legit? How much hassle to get one? Thanks

Christopher Robin
Christopher Robin

@arch Mine is legit. In FL, it costs $50 to get one and from what I recall it was an easy process.

David
David

Called local branch today to see if I needed an appointment and he asked if biz was sole prop, llc, etc… I’m sole prop w/just ssn. He said here in TN you have to have a business license to open the account.. lame

slut
slut

extended 12/31/2020 William Charles

cuartin
cuartin

only offline (in branch) if u r new customer (same for personal or biz accounts), and u ll need to call beforehand for setting up an appointment on branch… so, no easy…

AD
AD

I opened a personal online. But when I emailed customer service about this one, they said all Biz accounts need to be opened in person.