[Expired: This offer has now expired, you can view more business checking bonuses here]
Offer at a glance
- Maximum bonus amount: $200
- Availability: Have to live, work or worship in Franklin County and the surrounding communities including Canal Winchester, Dublin, Galloway, Johnstown, London, Orient, Pataskala, Pickerington, Powell, Reynoldsburg, and Westerville
- Direct deposit required: No
- Additional requirements: See below
- Hard/soft pull: Hard (Equifax)
- Credit card funding: Unknown
- Monthly fees: None listed
- Early account termination fee: Account must stay open for six months or longer
- Expiration date: December 31st, 2014
Contents
The Offer
- You can receive up to $200 by opening a business checking account with Telhio Credit Union
- $75 cash bonus when you open a new premier business checking account and a Telhio VISA debit card
- $100 cash bonus when you open a new premier business checking account, electronic statements, and a Telhio VISA debit card
- $200 cash bonus when you open a new premier business checking account, electronic statements, Telhio VISA debit card and an approved business loan
The Fine Print
- Accounts must stay open for a minimum of six months
- Limit to one premier business checking account per member
- Must order checks when opening a new checking account
- All requirements must be completed within 90 days of account opening
- Bonus will be given upon verification
- All bank bonuses are treated as income, as such you’ll receive a 1099-INT form and have to pay taxes on them
Avoiding Fees
Unsure what the monthly fees are on the premier business checking account unfortunately.
$5 Membership Fee
You must pay a $5 membership fee to open share savings account which is required to open a checking account
Early Account Termination Fee
The fine print states that you must keep the account open for a minimum of six months to avoid any early account termination fees.
Our Verdict
The fact that this is a hard pull with Equifax make it a no go for me (coupled with the fact that I don’t live within the service area). We’ve been adding a lot more business checking promos recently, so check the other ones out. There are also a bunch of good personal checking promos, view the best here.
If you have any experience with Telhio Credit Union, let us know in the comments.
Direct link to offer | Screenshot of offer
