[Expired] [MA only] Cambridge Savings Bank $200 Business Checking Bonus

This bonus is now no longer available. Click here to view the best current business checking bonuses.

Offer at a glance

• Maximum bonus amount: $200
• Availability: Can only open accounts in branch. All branches are in MA. [Branch locations]
• Direct deposit required: No
• Additional requirements: 15 transactions
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: None mentioned
• Household limit: None
• Expiration date: May 6th, 2017

The Offer

Direct link to offer

• Cambridge Savings Bank is offering a bonus of $200 for Small Business Week when you open a new business checking account and complete the following requirements:
  • Open a new BizFree, BizPro or BizPlus Checking Account
  • Make 10 transactions within the first 60 days of account opening

The Fine Print

• Offer good for new to bank business checking customers only.
• Open a new BizFree, BizPro or BizPlus Checking Account Monday, May 1, 2017 through Saturday, May 6, 2017 and make 10 transactions within the first 60 days after your account is opened and we will credit your account within 90 days of account opening.
• The value of this credit is $200.00 and will be reported as interest.
• Offer is valid as of 5/1/17 and may be withdrawn at any time.
• Cannot be combined with any other offer(s).
• The BizFree, BizPro and BizPlus Checking Accounts have a $50 minimum account opening deposit.
• All other rules and regulations for business checking accounts apply.

Avoiding Fees

The BizFree checking account has no monthly fee to worry about and you can make up to 125 transactions fee free as well. I wasn’t able to find any mention of any early account termination fee in the fee schedule.

Our Verdict

Difficult to know if this is a good or bad deal without knowing what business requirements there are. If anybody goes for it, please share your experiences in the comments. For now I won’t be adding it to our list of the best business checking bonuses.

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