Offer at a glance
- Maximum bonus amount: $300
- Availability: CT only (previously has been available to NY, CT, VT, RI, MA, ME, NH under old ‘Guilford Savings Bank’ name)
- Direct deposit required: None
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: $100, 180 days
- Household limit: None listed
- Expiration date: June 28, 2026
Contents
The Offer
- Ascend Bank is offering a $300 bonus when open a new checking account using promo code 450Biz26. Requirements to keep account fee free must be met for 180 days.
- Get an extra $100 for a loan or line within same period
- Get an extra $50 when you open a CD with new funds
The Fine Print
- Get a $300 statement credit when you open a new Business Checking account and meet account terms and conditions for 180 days.
- Get a $100 statement credit when you are approved for an Express Business Loan or Line within that same period. Get a $50 statement credit when you open a new 6-month Business Certificate of Deposit (CD) with new funds within 60 days of checking account. You must enter promotion code 450Biz26 if opening online or mention the promotion to a banker when opening at any Ascend Bank branch.
- Accounts subject to approval. Current Ascend Bank business checking customers are ineligible for this offer, and funds must come from a non-Ascend Bank account.
- Minimum requirements to avoid monthly service fees must be continually met, and the Business Checking account must remain open for 180 days to receive the $300 statement credit. Limit one offer per business owner.
- May be subject to 1099 reporting.
- Account holder is responsible for all applicable taxes.
- Offer valid through June 28, 2026, and may be withdrawn at any time.
- Promotional offers will be paid within 30 days of completing the 180-day qualifying requirements.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Business checking has no monthly fees
Early Account Termination Fee
Account must be kept open for 180 days
Our Verdict
If you open business checking there is no monthly fee that needs to be met so no requirements for the bonus other than entering promo code? Personal version says CT only, but this one doesn’t I’m still marking as as CT only for now.
Hat tip to snailrock
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
