Deal has ended, view more bank account bonuses by clicking here.
Update 11/22/25: Deal is back until December 31, 2025. Valid until Dealgamer
Offer at a glance
- Maximum bonus amount: $500
- Availability: Accounts are available to residents of the State of Connecticut and residents of Putnam and Westchester county New York only
- Direct deposit required: No
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Yes, inquiry sensitive
- Credit card funding: $25
- Monthly fees: $10, avoidable
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: August 30, 2025
Contents
The Offer
- Newtown Savings Bank is offering a $500 bonus when you open a new business checking account and complete the following requirements:
- Open a new business checking account with a minimum of $1,500
- Maintain that $1,500 balance for 90 days
The Fine Print
- Offer is available for a new Cornerstone Business Checking account opened from June 16, 2025 through August 30, 2025.
- To be eligible for this offer, the business must not have had an opened Newtown Savings Bank business checking account within a 12-month period.
- To earn the $500 bonus, you must open the account with $1,500 (or more) and maintain the $1,500 balance daily for period of 90 days.
- The bonus will be credited to your Cornerstone Business Checking account by 12/1/2025.
- If your account balance is negative on or prior to 12/1/2025, the bonus will not be paid.
- Estate and political campaign accounts are not eligible for this offer.
- The required minimum balance to waive the $10 monthly maintenance fee for Cornerstone Business Checking is $1,000 minimum daily balance.
- All account applications are subject to approval.
- Your account will not qualify for the bonus unless you provide all required account documentation within 30 days of account opening.
- Maximum $500 bonus per business (per Tax ID Number) and may not be combined with other offers.
- You are responsible for any federal, state, or local taxes due on the bonus and we will report as income to the tax authorities if required by applicable law.
- Consult your tax advisor. Offer is subject to change and may be withdrawn at any time.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Cornerstone Business Checking has a $10 monthly fee this is waived with a $1,000 minimum daily balance.
Early Account Termination Fee
Unknown
Our Verdict
Much better than the personal bonus. Worth doing if you live in the area.
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
