Offer at a glance
- Maximum bonus amount:
- Availability: MA, NH, ME, RI, CT, VT
- Direct deposit required: No
- Additional requirements: Average monthly balance of $2,500 for three full consecutive statement cycles
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: None
Contents
The Offer
- Country Bank is offering a $500 business checking bonus when you open a new checking account and complete the following requirements:
- Average monthly balance of $2500 or more for three full consecutive statement cycles following account opening
- Must not have an account for the last 12 months
- Can also get a $100 check order credit
The Fine Print
- Eligibility: Business entity cannot have had a business DDA account within the last calendar year (365 days). Limited to one offer per entity as identified by Employer Identification Number (EIN). Upon opening the account, the business account must keep an average monthly balance of $2,500 or more for three consecutive statement cycles following account opening.Bonus Offer: Within 90 days of meeting the requirements listed above, a $500.00 credit will be deposited into the business account with a $100.00 check order credit provided for your next order. If applicable, Cash Management credits will also be provided:
- Check Positive Pay, ACH Positive Pay, Wire Module, ACH Origination Module – First three months free
- Free statements when enrolled in eStatements
- Free Mobile Deposit
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Community business checking has no monthly fees to worry about.
Early Account Termination Fee
Unsure if there is any EATF.
Our Verdict
Not sure how strict they are on businesses on what the approval process is like. Some people may have done the previous $400 personal bonus (not currently valid). Will add this to our list of the best business checking bonuses.
Hat tip to reader springfield
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- 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 Calculate And Share Your ChexSystems Datapoints
- 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
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- Bank Bonus Posting Times
