Update 8/30/25; Deal is back. Hat tip to reader 14lopeza
Update 7/12/25: Deal is back until Sep 30, 2025. Hat tip to reader NBG.
Update 5/4/25: Deal is back until June 30, 2025. Hat tip to reader Frazz
Update 1/19/25: Extended to March 31, 2025
Extended to Dec 31, 2024
Update 7/20/24: Extended until Sep 30
Update 5/8/24: Extended until June 28, 2024.
Update 1/7/24: Deal is back. Bonus now up to $900. Hat tip to reader NBG
Update 12/2/23: Deal is back and valid until 12/30/21. Hat tip to 14lopeza
Update 1/2/23: Extended until 3/31/23.
Update 10/12/22: Deal is back and valid until December 31, 2022.
Offer at a glance
- Maximum bonus amount: $600
- Availability: Must be a resident of Pennsylvania or Ohio. Need to live close to a branch (possibly within 25 miles)
- Direct deposit required: None
- Additional requirements: None
- Hard/soft pull: Soft
- ChexSystems: Unknown
- Credit card funding: Up to $100
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date:
June 30, 2022December 31, 2022
Contents
The Offer
- S&T Bank is offering a $900 bonus when you open a new business checking account and complete the following:
- $300 bonus when deposit $1,000 within the first five days of account opening
- Apply for, receive, and activate your debit card
- $600 bonus when you deposit $25,000 within the first five days of account opening
- Apply for, receive, and activate your debit card
- $300 bonus Establish a new payment processing account through Elavon
- $300 bonus when deposit $1,000 within the first five days of account opening
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees to worry about.
Early Account Termination Fee
Previously accounts need to be kept open for six months.
Our Verdict
Unfortunately this requires payment processing, personally I don’t think these bonuses are worth doing.
Hat tip to alopez14
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- 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 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
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
Please note that ACTIVATION of a debit card, means you need to use it, or you won’t likely be paid
For some reason, clicking on this link doesn’t take you to the right page.
If you copy paste the link it works.
just rec’d $600 promo. opened 5/20, deposited 25k within 5 days. took 24k out a week later. Left only 1k until early August, redeposited the 24k on 8/2 for the 8/12 daily balance cut off. Did use debit card once to ensure activation meant actually using it. Short story is that you can deposit 25k within the 5 days opening requirement and don’t need to maintain it to the end, only the last day, AND use your card once. GL
Thanks for your DP. Did you receive your bonus? If yes, when did it post?
Yes. 8/21
Thanks!
Anyone else NOT get their bonus? Opened 3/28/25 in branch, transferred $25k within 5 business days (4/3/25), held until 5/5/25. Also activated debit card. Bonus was suppose to post 5/15/25.
You have to use the debit card at least once from what i remember (their definition of activation).
Looks like it expired
It is the same link and for some reason it isnt going to it from here. If u navigate to business and click learn more on the offer, it takes to the same link with details
From the terms: To qualify for the $600 incentive, a new Basic Business Checking Account must be funded with $25,000 within the first five business days of account opening. The account must remain open, never be overdrawn and have a daily balance of $25,000 or more on August 11, 2025.
It seems like the terms imply you don’t have to maintain the 25k balance. You can withdraw the money after the initial funding period and then deposit the money again by 8-11-25.
Confirmed that is what I did and got the $600. Just make sure to use your debit card, don’t just activate it..
I’m really glad this comment helped someone. Thanks for replying Dave !
I was able to open both the personal checking account and this business checking account in branch as a sole prop with just my SSN, a form of ID, and a proof of address (I used a recent utility bill.)
Do you live within 25 miles of a branch?
Just saw this, sorry. Yes, there are several branches nearby to me. I’m in southwestern Pennsylvania.