Advertiser Disclosure
Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card companies and banks from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. MoneyCrashers.com does not include all banks, credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, Chase, U.S. Bank, and Barclaycard, among others.

9 Best Business Bank Account Promotions & Offers – June 2022


FEATURED PROMOTION


Dig Deeper

Additional Resources

Most of the best bank account promotions on the market right now cater exclusively to consumers. Indeed, many of the United States’ best online banks seem to favor personal account holders rather than business owners.

But not all banks give business owners short shrift. If you’re a small-business owner, solopreneur, or freelancer, you just need to know where to look to find potentially lucrative credit union and bank account bonuses and referral opportunities.

Let this list guide you to entrepreneur-friendly banks and credit unions hungry enough for your business to pay you for it.

Best Business Bank Account Bonuses (June 2022)

These are the best business bank promotions this month. Unless otherwise noted, all are available to businesses of all sizes, including sole proprietors and freelancers without formal incorporation.

However, business checking and savings accounts impose minimum balance requirements, monthly maintenance fees, and other requirements or restrictions that can impact their suitability.

And all accounts must be open and in good standing when the bonus is paid.


1. Chase Business Complete Banking (Chase Business Complete Checking) – $300 Bonus

Chase Bank Logo

A very attractive offer awaits Chase-curious entrepreneurs, including sole proprietors new to Chase Business Complete Banking: $300 for new Chase Business Complete Checking customers who open an account online or in-person and complete qualifying activities. This offer is valid through July 21, 2022.

It’s not difficult to qualify for this opportunity. All you need to do is open a new Chase Business Complete Checking account with qualifying activities (described at the link above).

No minimum opening deposit is required. Once your Chase business checking account is open, you’ll have multiple ways to waive the $15 monthly service fee.

Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI. This offer is available online nationwide, except for residents of AK, HI, and Puerto Rico.

Apply Now


2. Huntington Unlimited Plus Business Checking — $750 Bonus Cash

Huntington Bank

Through July 7, 2022, you can earn a bonus worth $750 when you open a new Huntington Bank Unlimited Plus Business Checking account and complete qualifying activities. Here’s how it works: 

  • Open a new Unlimited Plus Business Checking account between March 1, 2022, and July 7, 2022
  • Make cumulative new money deposits of at least $20,000 within 60 days of account opening
  • Keep your account open for a minimum of 90 days

After completing these qualifying activities, you should receive your $750 bonus in your account within 14 business days.

Moving forward, enjoy these great Unlimited Plus Business Checking benefits:

  • Unlimited transactions§ and up to $25,000 in cash or currency deposits monthly in-branch or at an ATM at no charge; $0.30 fee for each $100 after
  • Waived monthly maintenance fee with $50,000 in combined deposit relationship balances (otherwise, $40/month)#
  • Your choice of two additional bonus services, such as up to 25 returned deposit items per month and two free incoming domestic wires

Apply Now

Disclosures:

o To be eligible for the $750 cash bonus, business customer must open a new Huntington Business Checking 100, Unlimited Business, Unlimited Plus Business, Business Analyzed, Business Non Profit Analyzed, or Business Non Profit Interest Checking account by March 7, 2022 then make a minimum cumulative new money deposit into the new checking account of at least $20,000 within 60 days of account opening.
o “New money” is defined as money that is not currently on deposit in any Huntington account (except maturing business CDs). Account must maintain an open status for at least 90 days before it is eligible for the bonus payment. All new accounts subject to account opening approval and account conversions are not eligible. An Early Account Closing Fee will apply to accounts closed within 180 days of opening.

o Your $750 bonus will be deposited into your new checking account within 14 days of meeting the above requirements. Your business checking account must remain in an open status to receive the bonus.
o This offer is only available to new business checking customers. All existing Huntington business checking customers, including those with business checking accounts closed within the last six months, are not eligible. Public Fund/Government Banking dollars and Brokers are not eligible for this offer.
o Cash bonus does not count towards the deposit requirement. This offer cannot be used in combination with any other offer. For tax purposes, the bonus will be reported on IRS Form
1099-INT for the year in which you receive your bonus. Huntington reserves the right to limit an individual business owner with multiple businesses to one account-related gift incentive per rolling 12-month period across all deposit account relationships.

§A “transaction” is any combination of checks paid, deposit tickets, deposited checks (except those you process through a remote deposit scanner), incoming ACH debits and credits, debit card purchases and bill payment transactions made through Huntington’s Online Bill Pay service.

#The business can avoid the monthly checking maintenance fee ($20.00 for Unlimited Business Checking and $40.000 for Unlimited Plus Business Checking) for any statement period on this checking account when the business keeps a total deposit relationship balance of at least $10,000 for the Unlimited Business Checking account and $50,000 for the Unlimited Plus Business Checking account in a combination of deposits held directly by us. Eligible deposits are this checking account and any other checking, money market, savings, or certificate of deposit (CD) account(s) owned by the business, but deposits owned by separate legal entities (even those that share EINs or TINs) are not eligible. We figure the total relationship deposit balance each month by adding the average daily balance for all eligible deposit account balances of the business for the applicable statement period. We calculate the average daily balance by totaling the balances in your account from the end of each day in the applicable statement period and dividing that amount by the number of days in that period. However, for new accounts or closed accounts, we only count the number of days that the account was open during the applicable statement period for purposes of determining the average daily balance.


3. Huntington Unlimited Business Checking — $400 Bonus Cash

Huntington Bank

Now through July 7, 2022, you can earn a bonus worth $400 when you open a new Huntington Bank Unlimited Business Checking account and complete qualifying activities. Here’s how it works: 

  • Open a new Unlimited Business Checking account between March 1, 2022, and July 7, 2022
  • Make cumulative new money deposits of at least $5,000 within 60 days of account opening
  • Keep your account open for a minimum of 90 days

After completing these qualifying activities, you should receive your $400 bonus in your account within 14 business days.

Moving forward, enjoy these great Unlimited Business Checking benefits:

  • Unlimited transactions§ and up to $10,000 in cash or currency deposits monthly in-branch or at an ATM at no charge; $0.30 fee for each $100 after
  • Waived monthly maintenance fee with $10,000 in combined deposit relationship balances (otherwise, $20/month)#
  • Your choice of one additional bonus service, such as two incoming domestic wire transfers per month

Apply Now

Disclosures:

o To be eligible for the $400 cash bonus, business customer must open a new Huntington Business Checking 100, Unlimited Business, Unlimited Plus Business, Business Analyzed, Business Non Profit Analyzed, or Business Non Profit Interest Checking account by March 7, 2022 then make a minimum cumulative new money deposit into the new checking account of at least $5,000 within 60 days of account opening.
o “New money” is defined as money that is not currently on deposit in any Huntington account (except maturing business CDs). Account must maintain an open status for at least 90 days before it is eligible for the bonus payment. All new accounts subject to account opening approval
and account conversions are not eligible. An Early Account Closing Fee will apply to accounts closed within 180 days of opening.

o Your $400 bonus will be deposited into your new checking account within 14 days of meeting the above requirements. Your business checking account must remain in an open status to receive the bonus.
o This offer is only available to new business checking customers. All existing Huntington business checking customers, including those with business checking accounts closed within the last six months, are not eligible. Public Fund/Government Banking dollars and Brokers are not eligible for this offer.
o Cash bonus does not count towards the deposit requirement. This offer cannot be used in combination with any other offer. For tax purposes, the bonus will be reported on IRS Form 1099-INT for the year in which you receive your bonus. Huntington reserves the right to limit an individual business owner with multiple businesses to one account-related gift incentive per rolling 12-month period across all deposit account relationships.

§A “transaction” is any combination of checks paid, deposit tickets, deposited checks (except those you process through a remote deposit scanner), incoming ACH debits and credits, debit card purchases and bill payment transactions made through Huntington’s Online Bill Pay service.

#The business can avoid the monthly checking maintenance fee ($20.00 for Unlimited Business Checking and $40.000 for Unlimited Plus Business Checking) for any statement period on this checking account when the business keeps a total deposit relationship balance of at least $10,000 for the Unlimited Business Checking account and $50,000 for the Unlimited Plus Business Checking account in a combination of deposits held directly by us. Eligible deposits are this checking account and any other checking, money market, savings, or certificate of deposit (CD) account(s) owned by the business, but deposits owned by separate legal entities (even those that share EINs or TINs) are not eligible. We figure the total relationship deposit balance each month by adding the average daily balance for all eligible deposit account balances of the business for the applicable statement period. We calculate the average daily balance by totaling the balances in your account from the end of each day in the applicable statement period and dividing that amount by the number of days in that period. However, for new accounts or closed accounts, we only count the number of days that the account was open during the applicable statement period for purposes of determining the average daily balance.


4. Axos Bank Basic Business Checking — Up to $200 Cash Bonus

Axos Bank Logo

Open a new Axos Bank Basic Business Checking account by the offer end date to earn a welcome bonus worth up to $200. Here’s how it works:

  • If you’re a new business incorporated after June 1, 2020, enter the promo code “NEWBIZ200” when you apply for your new Axos Bank Basic Business Checking account. Complete all required activities and you’ll earn a bonus worth $200.
  • If you’re an established business new to Axos Bank, use the promo code “NEWAXOSBIZ” when you apply and you’ll earn a bonus worth $100.

You’ll receive your $100 cash bonus in your new checking account within five business days of your third statement cycle date.

This is a truly free business checking account with great perks for account holders. For more information, read our Axos Bank review.

Learn More


5. U.S. Bank Business Checking — $300 Bonus With Qualifying Activities

Usbank Rgb

U.S. Bank is offering new customers the opportunity to earn a $300 bonus through Aug. 31, 2022.

To earn it, you must open an eligible new business checking account online with promo code AF49ZCB, then complete qualifying activities1. This offer is subject to certain terms and limitations.

Choose from one of three eligible accounts and open it by Aug. 31, 2022:

  • Silver Business Checking Package
  • Gold Business Checking Package
  • Platinum Business Checking Package

Then complete the following qualifying activities to earn the offer:

  • Within 60 days of account opening, enroll in online banking or the U.S. Bank Mobile App.
  • Within 30 days of account opening, complete at least $3,000 in new money deposits.
  • Maintain that balance for at least 60 days thereafter. 
  • Make at least five qualifying transactions into your new business checking account — including merchant deposits, ACH credits, wire credits or debits, debit card purchases, mobile check deposits, or bill payments.

Applicant must reside in AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY to be eligible for checking account. Member FDIC.

Deposit products offered by U.S. Bank National Association. Member FDIC.

Learn More


6. Brex Cash — Up to 50,000 Bonus Points

Brex Logo

Open a new Brex Cash account and spend $3,500 in purchases within 30 days to earn 30,000 bonus points. Or spend $9,000 in purchases within 30 days to earn 50,000 bonus points — it’s up to you.

This is a truly fee-free business account that earns cash back on eligible purchases. So, you can look forward to no account fees or minimum daily balance requirements, a generous ongoing rewards program, and value-added perks worth $150,000.

Learn More

*Brex Treasury LLC is not a bank; Brex Cash is not a bank account.


7. Huntington Business Checking 100 — $100 Bonus Cash

Huntington Bank

For a limited time, take advantage of this opportunity to earn a $100 bonus when you open a Huntington Bank Business Checking 100 account and complete qualifying activities. Here’s how it works:

  • Open a new Business Checking 100 account between March 1, 2022, and July 7, 2022
  • Make cumulative new money deposits of at least $2,000 within 60 days of account opening
  • Keep your account open for a minimum of 90 days

Complete these qualifying activities and you should receive your $100 bonus in your account within 14 business days.

Moving forward, enjoy these great Business Checking 100 benefits:

  • 100 monthly transactions§
  • Deposit up to $5,000 in cash or currency monthly in-branch or at an ATM#
  • Free 120-day trial of a fraud tool: Reverse Positive Pay
  • No monthly maintenance fee

Apply Now

Disclosures:

o To be eligible for the $100 cash bonus, business customer must open a new Huntington Business Checking 100, Unlimited Business, Unlimited Plus Business, Business Analyzed, Business Non Profit Analyzed, or Business Non Profit Interest Checking account by March 7, 2022 then make a minimum cumulative new money deposit into the new checking account of at least $2,000 within 60 days of account opening.
o “New money” is defined as money that is not currently on deposit in any Huntington account (except maturing business CDs). Account must maintain an open status for at least 90 days before it is eligible for the bonus payment. All new accounts subject to account opening approval and account conversions are not eligible. An Early Account Closing Fee will apply to accounts closed within 180 days of opening.

o Your $100 bonus will be deposited into your new checking account within 14 days of meeting the above requirements. Your business checking account must remain in an open status to receive the bonus.
o This offer is only available to new business checking customers. All existing Huntington business checking customers, including those with business checking accounts closed within the last six months, are not eligible. Public Fund/Government Banking dollars and Brokers are not eligible for this offer.
o Cash bonus does not count towards the deposit requirement. This offer cannot be used in combination with any other offer. For tax purposes, the bonus will be reported on IRS Form 1099-INT for the year in which you receive your bonus. Huntington reserves the right to limit an individual business owner with multiple businesses to one account-related gift incentive per rolling 12-month period across all deposit account relationships.

§A “transaction” is any combination of checks paid, deposit tickets, deposited checks (except those you process through a remote deposit scanner), incoming ACH debits and credits, debit card purchases and bill payment transactions made through Huntington’s Online Bill Pay service.

#Deposit up to $5,000 in cash or currency monthly in-branch or at an ATM at no charge; $0.30 fee for each $100 after.


8. Nearside Business Checking — Up to $40 Bonus

Nearside Temp Logo

Open a new Nearside Business Checking account to take advantage of a limited-time bonus opportunity: up to $40 back on your first deposit.

To earn the bonus, simply open your account using the link above and make your first deposit within one week of signing up. You’ll get 20% back on that deposit, up to a maximum of $40 back.

Funds are added to your account after your first deposit is posted. See terms for more information.

Learn More


9. PNC Bank Business Checking — $200 Cash Bonus

Pnc Bank Logo

Open an eligible new PNC Bank business checking account (Business Checking or Business Checking Plus) by June 30, 2022, for the opportunity to earn a $200 cash bonus. Here’s how the bonus offer works:

  • Open an eligible account by June 30, 2022.
  • Maintain an average cycle balance (account balance) of $5,000 or more for each of the first three statement cycles.
  • Complete at least 20 total qualifying debit card transactions within the first three statement cycles.

Once you’ve completed the qualifying activities, you’ll receive a $200 cash bonus in your account within 90 days.

See the respective application pages for Business Checking and Business Checking Plus for more details on avoiding the monthly maintenance fees.

Alternatively, open a new Treasury Enterprise Plan or Analysis Business Checking account by Dec. 31, 2022, for the opportunity to earn a $500 bonus. All you need to do is maintain a minimum average balance of $30,000 throughout the first three statement cycles, and you’ll receive your bonus.

These offers are available nationwide. Limit one offer per customer.

Apply Now


Final Word

Most of the banks mentioned here do not cater to small-business owners exclusively.

They also offer consumer accounts — in some cases, generous and expansive lineups that include free checking accounts, rewards checking accounts, CDs with above-average rates, money market accounts, and high-yield savings accounts that might just keep your emergency fund on pace with inflation.

Others offer cash-back credit cards, among other types of rewards-laden spending aids for individuals.

This matters. After all, every business owner is a person too — one with personal money management needs. That means every business owner needs a personal checking account, among other key personal banking relationships.

If you’d like that relationship to involve the same bank you choose for your business banking needs, perhaps one of these promotions will seal the deal.

FEATURED PROMOTION

Sign up for a CIT Bank Savings Connect account and earn 1.20% APY. No monthly service fees.

Stay financially healthy with our weekly newsletter

Brian Martucci writes about credit cards, banking, insurance, travel, and more. When he's not investigating time- and money-saving strategies for Money Crashers readers, you can find him exploring his favorite trails or sampling a new cuisine. Reach him on Twitter @Brian_Martucci.

FEATURED PROMOTION