Posted by William Charles on August 25, 2018
Bank Account Bonuses

Published on August 25th, 2018 | by William Charles


[AZ only] VantageWest $200 Business Checking Bonus

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: Must live, work or worship in Pima, Pinal, Cochise, or Maricopa Counties, Gila River Indian Community Reservation, Arizona’s “Copper Basin” Area. Possibly in branch only as well? [Branch locations]
  • Direct deposit required: No
  • Additional requirements: 10 debit cards & deposit $1,000
  • Hard/soft pull: Soft pull
  • ChexSystems: Yes
  • Credit card funding: $2,000
  • Monthly fees:
  • Early account termination fee: Six months, bonus forfeit
  • Household limit: One per EIN/SSN
  • Expiration date: December 31st, 2018 March 31st, 2019 June 30th, 2019 December 31st, 2019 December 31st, 2020

The Offer

Direct link to offer

  • VantageWest is offering a $200 bonus when you open a new Select, Premier or Community checking business account and complete the following requirements:
    • Deposit $1,000 within 10 days into qualifying checking account.
    • Perform 10 debit or credit card transactions within 60 days.

The Fine Print

  • The $200.00 bonus will be credited to the qualifying checking account within 10 days of the date the last requirement is met.
  • Your account must be open and in good standing at time the bonus is awarded.
  • Limit one new Select Business Checking, Premier Business Checking or Community Business Checking, per membership and per EIN/SSN, will be eligible for the bonus.
  • Offer valid for new Select Business Checking, Premier Business Checking or Community Business Checking accounts only. The $200.00 is considered a bonus and is subject to IRS reporting.
  • The account must be opened between 04/01/2018 – 12/31/2018 and remain open for at least six months.
  • If it is closed within 6 months of the open date you may be responsible for reimbursement of any bonus awarded.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Community business checking looks to be the easiest to keep fee free. It has a $5 monthly fee that is waived with $500 average daily balance and eStatements

Early Account Termination Fee

Account needs to be kept open for six months, otherwise you forfeit the bonus

Our Verdict

They also offer a $200 personal checking bonus. Unlike that account/bonus, it doesn’t look like these can be opened online. If you live near a branch this still seems like an easy bonus to complete. I’ll be adding this to the best business checking bonuses because the requirements are easy and it’s not difficult to keep the account fee free either but again only really worth doing if you live near a branch.

Hat tip to reader EW

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I’ve banked with Vantage West since 2015. It’s a soft pull on EX to join, but definitely a Chex pull/inquiry for any new account. I joined with a pre-qual for a Visa and just opened the required share savings account, a year or so later I opened a checking account and it was a pull/inquiry on Chex even though I already had a savings account.


If you don’t want to keep $500 in the account to avoid the monthly fee, get the Select Business Checking account and use your debit card for purchases 10 times per month.

Ryan Thompson
Ryan Thompson

Strict with chex systems. Denied in branch today in Phoenix. Branch manager said that she can’t override the system. 550 score.


Has anyone received a 1099 from VW for this bonus? I haven’t, and support told me “The checking account bonus was simply a reward, it was not considered Dividends earned. At this time we are showing $0 was earned in dividends.”

King Kong

Community checking is only for non-profit organizations, barely a difference though.


Signed up for a business checking account with them just last Wednesday in-branch, would have done it online had there been an option, but all the promo page leads to is for a banker to call you. Was quite lengthy as expected for business account applications with the standard business questions e.g. what do you sell? what is your revenue? Oddly enough, I was not denied due to Chex despite having signed up for more than 6 bank accounts in the last 6 months, at least one was a business account with Chase. Perhaps they did not pull Chex as I was already a member with them for quite some time or I did not meet the denial threshold they had set for Chex denials. The community account I can confirm is for non-profits only per bank manager.

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