[CA only] KeyPoint Credit Union $500 Business Checking Bonus

Offer at a glance

• Maximum bonus amount: $500
• Availability: CA
• Direct deposit required: None
• Additional requirements: Use promo code
• Hard/soft pull: Soft pull
• ChexSystems: Unknown, sensitive
• Credit card funding: $500
• Monthly fees: $15, avoidable
• Early account termination fee: None
• Household limit: None
• Expiration date: None

The Offer

Direct link to offer

• KeyPoint Credit Union is offering a $500 bonus when you open a new business elite checking account and complete the following requirements:
  • Use promo code BUS25
  • maintain an average daily balance of at least $2,000
  • Use your new debit card(s) to make 20 purchases

The Fine Print

• Offer may be cancelled at any time.
• May not be combined with any other promotion.
• KeyPoint Membership required.
• To qualify for bonus, Business Member must (a) maintain minimum average daily balance of $2,000 for 90 days following account opening date and (b) use account business debit card to make a minimum of 20 POS purchases of at least $5.00 within 90 days following account opening date.
• Deposits, Payments, Returns, and Miscellaneous transactions do not count toward the required purchases.
• $500 bonus credited to checking account within 90 days of meeting requirements.
• Offer good for new Business Members only—former Business Members who closed an account within two years of new account open date are not eligible for bonus.
• KeyPoint officials and employees are not eligible.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has a $15 monthly fee, this is waived with a minimum $2,000 average daily balance

Early Account Termination Fee

I wasn’t able to find an early account termination fee in the fee schedule.

Our Verdict

There is also a $300 personal checking bonus as well. This business bonus is worth doing as well as the requirements are easy. Will add this to our list of the best bank account bonuses.

Hat tip to reader Davis

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