Posted by William Charles on October 13, 2018
Bank Account Bonuses

Published on October 13th, 2018 | by William Charles


[NY, In Branch] Kinderhook Bank $500 Business Checking Bonus, No Requirements

Deal apparently ending this Saturday (October 27th, 2018). Hat tip to reader Upstate

Offer at a glance

The Offer

Direct link to offer

  • Kinderhook Bank is offering a bonus of $500 when you open a new business checking account. There doesn’t seem to be any requirements for the bonus.

The Fine Print

  • No monthly maintenance fee and 500 items allowed free per month including deposited/credited checks/debits paid and checks within a deposit.
  • Additional items are $0.35 cents each.
  • $100minimum deposit required to open.
  • One special offer per individual/business and is available on Basic Business, Value Business, and Regular Business checking accounts to new customers only.
  • Free starter kit includes 150 basic safety paper checks, 200 deposit slips, endorsement stamp, and binder with check register.
  • Offer cannot be combined with any other promotion.
  • Special offer may be discontinued or could change at any time.
  • $500 Bonus is valid for any new business checking account opened and will be deposited into new business account within 30 days of account opening date.
  • Penalty of $25.00 applies if account is closed within six months of account opening.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Basic business checking looks to be the easiest to keep fee free. The $10 monthly fee is waived with an average daily balance of $2,000 or more.

Early Account Termination Fee

$25 if closed within six months

Our Verdict

Previously they offered a $250 personal checking bonus. This $500 deal is insane, assuming it’s a soft pull to open. It’ll be interesting to see what sort of business documents they require to sign up (according to the reader who sent this in they do require a DBA certificate. You can get one at the Albancy County Court house for $25). If anybody goes for this deal, please share your experiences in the comments below. It will almost certainly be added to our best checking bonuses once we have more information.

Big thanks to reader, Kevin H who let us know. Learn how to find bonuses and contribute to the site here.

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Used to live in Columbia County, now I live across the country 🙁


I was about to go over to find out more until I realized its a 3 and a half hour drive from NYC and its actually closer for someone coming from Montreal…

Sean X
Sean X

Maybe Kinderhook? 2hrs, 21 min from downtown Manhattan, according to my GPS.


Yeah, then (s)he can go to Hudson (a once proud center of bootlegging & prostitution) and overpay for the schlock they are flinging at nycidiots.


I’m the original referrer, so here’s some additional information:

1) Requires $100 minimum deposit payable by check or cash only. (the $100 min. deposit is listed on the website)

2) No online application. In-branch only. Plan on spending an hour to get the app completed. (not sure why but they’re real slow–LOL)

3) Requires a CERTIFIED DBA (certified copy). $25 is the DBA fee at the Albany Count Court House. $5 for a certified copy. $30 total.

4) No hard pull (at least I’ve not gotten a hit from any of the 3 bureaus). I’m not sure if it’s Chex sensitive or not.

5) Online banking requires they set you up in branch and you wait 3-5 days for 2 pieces of mail before you can login.

Still, small price to pay for $500 bonus.

Sean X
Sean X

Does anyone know whether they will accept out-of-state licenses (like, oh, say, Massachusetts 🙂 ) for this promotion?


The deal ends this a Saturday according the the manager at a local branch.


Update here:
Initial deposit posted on 10/16/18.
$500 bonus posted on 10/22/18.


Sadly this is no longer valid. I actually need a business account and just moved to the area, but called and she said they have no special deals going on right now. I’m hoping they’ll bring it back! I’ll keep my eyes here for an update, since I don’t go into the branch since I don’t have an account there (yet)!

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