Offer at a glance
- Maximum bonus amount: $400
- Availability: FL, NJ, NY.
- Direct deposit required: None
- Additional requirements: $2,500 for three months + 15 transactions
- Hard/soft pull: Soft
- ChexSystems: Unknown, sensitive
- Credit card funding: None
- Monthly fees: $15, avoidable
- Early account termination fee:$25, six months
- Household limit: None
- Expiration date: July 3, 2026
Contents
The Offer
- Popular Bank is offering a $400 business bonus when you open a business checking account and complete the following requirements:
- Open a Popular Primary, Preferred, or Platinum Business Checking account
- Fund and maintain an average of $2,500 for the first 3 months
- Complete 15 qualifying transactions* within the first 3 months (includes debit card withdrawals, bill payments, wires credits and debits, ACH credits, Zelle credits and remote deposits by mobile or scanner)
The Fine Print
- This offer (the “Offer”) is for a limited time to eligible customers only and may be terminated or discontinued at any time by Popular Bank, in its sole discretion. The Offer is not available to existing Popular Bank business checking account customers, or whose accounts have been closed on or after April 27, 2026.
- Your Popular Bank business checking account will be credited within 30 days following the end of the month in which you completed all Offer requirements. See details below on how to qualify.
- To qualify for the Offer, you need to:
- A. Beginning Monday, April 27, 2026 through and including Friday, July 3, 2026, open a qualifying business checking account product from one of our Popular Bank Business Packages (Primary, Preferred, or Platinum)**;
- B. Fund the account with monies not currently on deposit with Popular Bank within 30 days and maintain an average ledger balance of $2,500 through the first 120 days of account opening; and
- C. Starting the first of month after the account is opened, complete 15 qualifying transactions within three months. Qualifying transactions must be one or a combination of the following transaction types: debit card withdrawals, bill payments, wires credits and debits, ACH credits, Zelle credits, and remote deposits by mobile or scanner.
- IMPORTANT REQUIREMENT: Your new Popular Bank Business Checking account must be open and in good standing at the time the Cash Bonus (that may be earned as part of the Offer) is to be credited to you. The Cash Bonus will be credited directly to your new Popular Bank business checking account.
- To be eligible for the Cash Bonus, U.S. persons must furnish a valid IRS Form W-9 (Request for Taxpayer Identification Number and Certification).
- Foreign persons must furnish a valid IRS Form W-8BEN (Certificate of Beneficial Owner for United States Tax Withholding and Reporting (Entities)).
- Accounts subject to backup withholding are ineligible. Popular Bank will issue a 1099 INT and you are responsible for any taxes that may be due on the Offer.
- Only one per business entity. The Offer cannot be reproduced, purchased, sold, transferred or traded. Business entity shall not have closed an account with Popular Bank within the past twelve (12) months.
- Account opening is subject to Popular Bank’s sole review and approval, meeting all of Popular Bank’s new deposit account criteria and other applicable requirements and is not guaranteed. While we don’t require a minimum deposit to open, Popular Bank may consider your account closed if it has a zero balance for sixty (60) days.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Primary business checking is the easiest to keep fee free. This has a $15 monthly fee that is waived if $5,000 in average checking balances is maintained.
Early Account Termination Fee
There is an early account termination fee of $25 if closed within 6 months.
Our Verdict
Looks like you need to submit a form to sign up, not sure if it’ll require going in branch to open or if it can be done over the phone. We will add this to our list of the best business checking promotions.
Hat tip to reader ISAAC G
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?
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