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Dan
Dan

Got a personal checking with Town Bank before. Must be disqualified now.

E
E

Anyone know how to make a transfer out of this account? I can’t seem to find how to do that for some reason… I would think, with a business checking account, that would be easier than what it seems to be? I can’t even make a check deposit or anything…???

Miya
Miya

It’s been a couple years since I’ve had this account but IIRC, you can’t transfer out. I remember being incredulous when the CSR told me. You’ll have to push or pull from an external account or write a check.

Original Jack
Original Jack

I have set up external accounts for transfers via the website for my personal account. That’s crazy it can’t be done for business.

Michael
Michael

Would having received the $300 Lake Forest checking bonus previously disqualify someone from getting this bonus, per the terms?

adam d
adam d

did you find out?

esaphire3
esaphire3

Can this be opened online? I live right around several branches but not in chicago now and only going back in a month or so

Jack
Jack

in branch only as far as I’ve seen.

Stevenson
Stevenson

is Business Community Checking the same as Entrepreneur Checking account?

seems to be valid at ANY wintrust bank location, correct?

if i deposit a $5000 check on Tuesday 5/31, will that qualify as maintaining a $5k balance for month #1 or does it have to be a cash deposit (as checks take time to clear)?

Celia
Celia

The terms state: (iii) maintain a minimum balance of at least $5,000.00 on each day of the last business day of the 2 consecutive calendar months after the calendar month your new account was opened…

Reading that to me seems that if your account is opened in May, you have to have 5K of new money in the account on June 30 and July 31 to qualify (though it does suggest it needs to be a maintained balance). That’s my interpretation. Plus the other activities needed of course.

Stevenson
Stevenson

Celia i agree, but question is will a check deposited count towards minimum balance for month of May or will it not as money cant be withdrawn until it clears.

Celia
Celia

It doesn’t say that there is a minimum for the first calendar month: “…2 consecutive calendar months AFTER the calendar month your new account was opened”

So opening in May (first calendar month) and then have 2 consecutive calendar months (June and July) that have to have the 5K…

Again, that’s how I am reading that term.

TJ
TJ

If I apply today (Sunday) or tomorrow (Memorial Day), will my account be considered opened in May? Otherwise I will have to tie up $5000 for 3 months vs 2.

Celia
Celia

Have to open in branch I believe. Tuesday is 5/31.

EK
EK

P2 opened and closed wintrust personal, failed to get their bonus.
Will this work if he has a personal acct before?

TOm
TOm

From reading the terms, they don’t appear to differentiate between one type of checking account or another. So if you previously had a checking account you will not qualify even is you never received a bonus.

“This Business Community Checking account bonus offer is not available to existing or closed checking account customers of Wintrust Financial Corporation (‘WTFC’) and its subsidiaries or its active employees. Limit 1 bonus payment per customer, regardless of the number of accounts opened. “

EK
EK

Thank you

Burnout1749
Burnout1749

Looks like there’s a $500 offer now, right after I did the $300, fuck:
https://www.wintrust.com/lp/2021/business-community-checking.html

Sassenav
Sassenav

William Charles I found a slightly different $300 offer for Lake Forest Bank (FL). It requires $500 DD for 2 months after the account opening month and enroll in online banking and e-statements. Promo code is “Echecking300” and must apply from offer page.

FYI: This is no longer available to all of FL. We live in FL and I was able to do it last year but P2 cannot open this year because an error appears during application “the account you are attempting to apply for is not available in your area.” They must be tightening down on eligible zip codes.

https://www.lakeforestbank.com/personal/banking-and-borrowing/checking/total-access-checking.html

Jack
Jack

That one is for personal, this one is for business. There’s more info about the $300 checking plus $200 savings in this thread, expires 12/31/22: https://www.doctorofcredit.com/il-only-wintrust-bank-300-checking-bonus/

bicyclepp
bicyclepp

hi, are you sure this one is for business acccount? I dont see it written anywhere… it seems as its personal too, at least the one in FL: https://www.wintrustflorida.com/community.html

Olivia
Olivia

Can this be opened online or only in branch?