[Lincoln Square, Chicago, IL] Bridgeview Bank $300 Business Checking Bonus

Offer at a glance

• Maximum bonus amount: $300
• Availability: 4605 N Lincoln Ave, Chicago, IL
• Direct deposit required: None
• Additional requirements: Online banking
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: $18, avoidable
• Early account termination fee: Bonus forfeit, 180 days/6 months
• Household limit: None listed
• Expiration date: December 31st, 2017

The Offer

Direct link to offer

• Open a new business checking Bridgeview Bank’s Lincoln Square branch and receive a bonus of $300 when you do the following:
  • Set up online business banking

The Fine Print

• Offer redeemable for new Business Checking Accounts opened by 12/31/2017 and may be withdrawn at any time without notice.
• Account opening and award of bonus are subject to account opening requirements.
• A $250 Minimum Opening Deposit and Business Online Banking are required to obtain bonus.
• Offer is subject to change without notice, is non-transferable and cannot be combined with any other offer.
• Offer not available to existing Bridgeview Bank customers or those who have closed an account within the past 60 days.
• In order to receive the incentive, you must establish Business Online Banking at account opening.
• Bonus is automatically deposited into the qualifying business checking account during the first complete statement cycle after online banking is established.
• Checking account must remain open for at least 180 days (6 months) or the incentive will be debited from the account at closing.
• The bonus is not part of the opening deposit and will be regarded as interest income on IRS form 1099-INT.
• You are responsible for any applicable taxes.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

They have four checking accounts, the cheapest is $18 per month and you need a balance of $3,000 to avoid that fee. You need to keep the account open for 180 days/6 months to avoid any early account termination fees.

Our Verdict

Awesome bonus if it’s a soft pull to open, very easy to meet bonus requirements and you can just park $3,000 in the account to keep it fee free (or pay $108+ in fees, not the best option). This will be one of the best business checking bonuses if it’s a soft pull. They also have bonuses on their personal checking accounts.

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