Offer at a glance
- Maximum bonus amount: $200/$500
- Availability: AZ
- Direct deposit required: No
- Additional requirements:
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: $2,000
- Monthly fees: $5, avoidable
- Early account termination fee: None
- Household limit: None listed
- Expiration date: October 31, 2025
Contents
The Offer
- Vantage West Credit Union is offering a $200/$500 bonus when you open a new business checking account and complete the following requirements:
- Deposit a total of $10,000 or more in new money within 30 days of account opening for $500 bonus or $2,000 for a $200 bonus
- Complete five (5) qualifying transactions within sixty (60) days
The Fine Print
- To qualify for the $500.00 cash bonus, you must open a new Vantage West Select Business Checking account, Premier Business Checking account or Community Business Checking account and complete each of the following: Deposit an aggregate total of $10,000.00 in new money within thirty (30) days of account opening; and complete five (5) qualifying transactions within sixty (60) days of account opening. Qualifying transactions include new money deposits, credit card and debit card purchases (transactions and purchases must be completed on the business account associated with the newly opened checking account). To qualify for the $200.00 cash bonus, you must open a new Vantage West Select Business Checking account, Premier Business Checking account or Community Business Checking account and complete each of the following: Deposit an aggregate total of $2,000.00 in new money within thirty (30) days of account opening; and complete five (5) qualifying transactions within sixty (60) days of account opening. Qualifying transactions include new money deposits, credit card and debit card purchases (transactions and purchases must be completed on the business account associated with the newly opened checking account).
- Promotion runs May 1, 2025 – October 31, 2025, and all qualifying activities must be completed within the stated time frames. New money is new funds deposited into the checking account that are not transfers from any other Vantage West account. A transfer done via ATM, online or teller, or a transfer from a Vantage West account is not considered new money. A cash withdrawal from an existing Vantage West account and deposited into the new business checking account is not considered new money. Purchases for debit card and credit card transactions do not include ATM transactions or inquiries, balance transfers, cash advances, interest, unauthorized or fraudulent charges, items returned for credit, or fees of any kind, if applicable. Your account must remain open for at least six (6) months. If it is closed within six (6) months of the open date you may be responsible for reimbursement of any bonus awarded. Minimum opening deposit of $100.00 is required. Limit one new Select, Premier or Community Checking account, per Membership and per EIN/SSN, will be eligible for the bonus. The combination of multiple checking accounts will not increase the bonus offer. Offer is only available to business members who have not had a business checking account with Vantage West in the past six (6) months. Offer valid for new Select, Premier and Community Checking accounts only. Members with any existing business checking account are not eligible for the bonus. Conversions between Select, Premier and Community Checking are not eligible for the bonus. Offer cannot be combined with any other offers associated with opening a business checking account. The cash bonus will be credited to your new business checking account within thirty (30) days of the date the last requirement is met. Your account must be open and in good standing at the time the bonus is awarded. IOLTA accounts are not eligible for the promotion. The value of this bonus may constitute as taxable income and is subject to IRS reporting. All applicable federal, state, and local taxes are the responsibility of each account owner. All accounts are subject to approval. Additional restrictions may apply. Offer subject to change without notice.
- 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
Better than the previous $200 bonus. We will add this to our list of the best business checking account bonuses.
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
