This deal is no longer valid, you can view more bonuses here.
Offer at a glance
- Maximum bonus amount: $150
- Availability: NJ & PA only
- Direct deposit required: No
- Additional requirements: Fund with at least $1,000
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Not listed, but account must remain open for 90 days
- Expiration date: December 31st, 2014
The Offer
- Receive a $150 bonus when you open up a free business checking account with Unity bank and fund it with at least $1,000
The Fine Print
- Offer only available to new monies only, funds cannot have been held with Unity bank within the past 90 days
- Offer valid until December 31st, 2014
- One offer per business entity, cannot combine with other offers
- Checking account must remain open, active and good standing for 90 days
- $1,000 deposit must be received within 90 days of account opening
- $150 bonus will be paid out 10 days after this 90 day period (e.g 100 days after account opening)
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
There is no early account termination fee, but you’ll need to keep the account open for at least 100 days to get the bonus. The actual checking account does not have any fees associated with it, but there might be a joining fee for the credit union.
Our Verdict
Unity bank has previously offered a $200 bonus on this business checking account, so it might be worth holding out for that bonus to come back around. One of the reasons I like business checking promos more than personal promotions is that they usually do not have a direct deposit requirement.
I would recommend this bonus to business owners in PA & NJ, but we’re not sure if it’ll result in a hard credit pull or not. If you can confirm this, please let us know in the comments section below. Here is a list of the current best bank promotions.