Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $2,000
- Availability: Must open in branch (Oklahoma and Missouri areas)
- Direct deposit required: None
- Additional requirements: Yes, see below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Yes, up to $10,000, unsure if possible in branch Card funding is generally not possible in-branch
- Monthly fees: Avoidable
- Early account termination fee: Unknown
- Expiration date: Unknown
The Offer
- Regent Bank is offering a $2,000 when you open a business checking bonus in a branch (Oklahoma, Missouri):
- Open any Regent Business Checking Account with a minimum opening deposit of $200, but maintain a minimum balance of $50,000 for 90 days.
- Make at least 10 debit card transactions within the initial 90 day period.
- Bonus will be deposited into your Regent Business Checking Account within 10 days after the initial 90 day period.
The Fine Print
- One bonus per client.
- Account must be opened after 7/10/23
- Applies to business accounts only, including Regent Free Business Checking, Regent Account Analysis & Regent Cares Non-Profit Business Checking & Cannabis Business Checking. View Business Checking Options.
- This is a limited time promotion.
Avoiding Fees
Open the Simple Business Checking and it’s completely fee-free.
Our Verdict
You are locking up $50,000 for 90 days to get this bonus. Overall it still could be a nice deal: if we assume you’re forgoing a 5.5% interest rate account, you’ll lose around $700 in interest and get $2,000 instead. Another way of looking at it is that you’ll be earning around 16% interest on the 90 days that the funds are locked up.
And who knows – maybe you’ll like the bank and decide to keep them long term as well for your business banking needs.
Hat tip to reader PW
