Business Checking Account Promotions
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View list of the current top business checking deals and promotions. Earn cash bonuses for opening a new account.
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Bank of America® Business Advantage Banking Checking Account - $200 Bonus Offer
- The $200 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
- The offer is for new eligible business checking customers only.
- Offer expires 12/31/2025.
- To qualify, deposit $5,000 or more in New Money* directly into a new eligible Bank of America Business Advantage Banking account within thirty (30) days of account opening.
- Maintain an average balance of $5,000 in that new Business Advantage Banking account during the Maintenance Period**.
- Once all requirements are met, Bank of America will attempt to pay bonus within 60 days.
- Additional terms and conditions apply. See offer page for more details.
- *New Money is new funds deposited into your business checking account that are not transfers from other Bank of America deposit accounts or
Merrill investment accounts.
- ** The Maintenance Period begins thirty-one (31) calendar days after account opening and ends ninety (90) calendar days after account opening.
- Bank of America, N.A. Member FDIC
U.S. Bank Business Essentials - $400 Bonus
Promo code Q4AFL25 MUST be used when opening a U.S. Bank Business Essentials®, or Platinum Business Checking account. Limit of one bonus per business. A $100 minimum deposit is required to open one of the referenced accounts.
Earn your $400 Business Checking bonus by opening a new U.S. Bank Business Essentials account between 10/01/2025 and 1/14/2026. You must make deposit(s) of at least $5,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $5,000 until the 60th day after account opening. You must also complete 5 qualifying transactions within 60 days of account opening.
Qualifying transactions include debit card purchases, ACH credits, Wire Transfer credits and debits, Zelle credits and debits, U.S. Bank Mobile Check Deposit or Bill Pay or payment received via U.S. Bank Payment Solutions. Other transactions such as (but not limited to) other Person to Person payments, transfers to credit card or transfers between U.S. Bank accounts are not eligible.
New money is considered money that is new to U.S. Bank. Funds must come from outside U.S. Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate. For accounts opened on non-business days, weekends or federal holidays, the open date is considered the next business day. Account fees (e.g., monthly maintenance, paper statement fee, etc.) could reduce the qualifying daily balance, therefore you must make deposit(s) to cover the fees to maintain the daily balance during the qualifying period to be awarded the bonus. Refer to the Business Pricing Information or Business Essentials Pricing Information Document for a list of fees.
Bonus will be deposited into your new eligible U.S. Bank Business Checking account within 30 days following the last calendar day of the month you complete all of the offer requirements, as long as the account is open and has a positive available balance.
Offer may not be combined with any other business checking account bonus offers. Existing customers (businesses) with a business checking account or customers (businesses) who had an account in the last 12 months, do not qualify.
All regular account-opening procedures apply. For a comprehensive list of checking account pricing, terms and policies, reference your Business Pricing Information or Business Essentials Pricing Information and YDAA disclosure. These documents can be obtained by contacting a U.S. Bank branch or calling 800.872.2657.
Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. Current U.S. Bank employees are not eligible. U.S. Bank reserves the right to withdraw this offer at any time without notice. Member FDIC
Free Business Checking - Earn $300 Bonus
To earn the $300 bonus, customers must apply for a Bluevine Business Checking account anytime between now and 12/31/2025 using the referral code CD300.
After opening the account, customers must add funds within 30 days, then meet at least one of the following eligibility requirements every 30 days for the next 90 days from account funding:
- Deposit at least $5,000 from eligible merchant services to your Bluevine account OR
- Make at least $5,000 of outbound payroll payments from your Bluevine account using eligible payroll providers OR
- Spend at least $2,000 with your Bluevine Business Debit Mastercard® and/or Bluevine Business Cashback Mastercard®
Banking services provided by Coastal Community Bank, Member FDIC
U.S. Bank Platinum Business Checking - $1,200 Bonus
Promo code Q4AFL25 MUST be used when opening a U.S. Bank Business Essentials®, or Platinum Business Checking account. Limit of one bonus per business. A $100 minimum deposit is required to open one of the referenced accounts.
Earn your $1,200 Business Checking bonus by opening a new U.S. Bank Platinum Business Checking account between 10/01/2025 and 1/14/2026. You must make deposit(s) of at least $25,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $25,000 until the 60th day after account opening. You must also complete 5 qualifying transactions within 60 days of account opening.
Qualifying transactions include debit card purchases, ACH credits, Wire Transfer credits and debits, Zelle credits and debits, U.S. Bank Mobile Check Deposit or Bill Pay or payment received via U.S. Bank Payment Solutions. Other transactions such as (but not limited to) other Person to Person payments, transfers to credit card or transfers between U.S. Bank accounts are not eligible.
New money is considered money that is new to U.S. Bank. Funds must come from outside U.S. Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate. For accounts opened on non-business days, weekends or federal holidays, the open date is considered the next business day. Account fees (e.g., monthly maintenance, paper statement fee, etc.) could reduce the qualifying daily balance, therefore you must make deposit(s) to cover the fees to maintain the daily balance during the qualifying period to be awarded the bonus. Refer to the Business Pricing Information or Business Essentials Pricing Information Document for a list of fees.
Bonus will be deposited into your new eligible U.S. Bank Business Checking account within 30 days following the last calendar day of the month you complete all of the offer requirements, as long as the account is open and has a positive available balance.
Offer may not be combined with any other business checking account bonus offers. Existing customers (businesses) with a business checking account or customers (businesses) who had an account in the last 12 months, do not qualify.
All regular account-opening procedures apply. For a comprehensive list of checking account pricing, terms and policies, reference your Business Pricing Information or Business Essentials Pricing Information and YDAA disclosure. These documents can be obtained by contacting a U.S. Bank branch or calling 800.872.2657.
Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. Current U.S. Bank employees are not eligible. U.S. Bank reserves the right to withdraw this offer at any time without notice. Member FDIC
Basic Business Checking - Up to $400 Bonus
- Business owners get up to $400 welcome bonus!* Open a business checking account by June 30, 2026 and get up to $400 when you use promo code NEW400 on your application.*
- No initial deposit requirement
- No minimum balance requirement
- No monthly maintenance fees
- Free domestic incoming wires. Two (2) outgoing domestic wire fees reimbursed per month.
- Unlimited domestic ATM fee reimbursements
- Unlimited item processing (debits, credits, and deposited items)
- Cash deposits via MoneyPass and AllPoint networks
Business Interest Checking - 1.01% APY
- Interested in a $400 welcome bonus? Start growing your business and get up to $400 when you open a Business Interest Checking account by June 30, 2026. Just use promo code NEW400 on your application.**
- Up to 1.01% APY**
- $100 minimum opening deposit
- Pay no monthly maintenance fee with an average daily balance of at least $5,000
- Unlimited domestic ATM fee reimbursements
- Up to 100 free items per month, $0.50 per item thereafter (includes debits, credit, and deposited items)
- Up to 60 items per month for Remote Deposit Anywhere (includes monthly per item processing limitation)
- Free online banking, image statements, and Bill Pay
Business Checking Account - $400 Bonus
- Open a new Truist Simple Business Checking or Dynamic Business Checking account online, via phone, or in a branch from 10/1/2025 through 4/2/2026 and earn $400 by making Qualifying Deposits* of $2,000 or more into your account within 30 days of account opening. Must be a new Truist business checking client, Terms Apply.
- Enrollment in the promotion is required at the time of account opening using promo code SB25Q4BIZAFL to be eligible for a promotion reward. Please refer to the Account Opening & Promotion Enrollment sections below for instructions.
- *Qualifying Deposits for new business checking accounts exclude debit card credit transactions and NSF fee refunds. Deposits can be made on a one-time basis or cumulatively over the 30 days.
Free Checking Account for Small Business Owners
- Sign up in 3 minutes; no credit check
- No account fees - $0 monthly fee, overdraft fee, foreign transaction fee, or ATM fees at approximately 40,000 locations
- Automatic Savings
- Get paid up to 2 days early
North One Free Business Banking - Up to 2.50% APY
- 2.50% APY on balances up to $250,000 for eligible customers
- Business banking for teams
- Automatic invoice ingestion and payments
- Sales and revenue analytics
- Unlimited account envelopes
- Close to 100 integrations
- Over $5000 in perks for new customers
- No monthly fees, no application fees, no minimum balance
North One is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.
Free Business Checking - Up to 1.3% APY
- 1.3% APY on your balance up to $250,000 for customers that meet monthly eligibility requirements
- $0 minimum opening deposit
- $0 monthly service fee
No-Fee Business Checking
- $0 monthly service fee
- $0 minimum opening deposit
- Open up to 20 individual business checking accounts
- Earn up to 3% APY with automated savings
- Issue up to 50 Visa® debit cards to your team
Free Business Banking for the Self-Employed
- Banking, taxes, bookkeeping – all in one place
- Automatically find tax write-offs and save for taxes
- Track and categorize expenses with custom rules
- Free unlimited custom invoices
- Easy sign up; no credit check
Free Business Checking
- $0 monthly service fee
- $50 deposit to unlock all features
- ATM fee refunds up to $7 per month
Business Advantage Relationship Banking
- No fee for first 500 transactions per statement cycle
- No fee for first $20,000 in cash deposited per statement cycle
- Multiple ways to avoid the $29.95 monthly fee
Small business owners—take notice. Many banks are offering incentives and cash bonuses for opening new business checking accounts.
A business checking account is important to keep your funds separate from your personal banking. It helps organize your accounting and will save you a lot of headache during tax time. LLCs, corporations, and DBAs are required to have a separate business bank account.
Just remember to keep your business needs in mind. For LLCs, check out the best business bank accounts for LLC to make sure you're picking one that fits your needs.
- Taxpayer Identification Number (SSN or EIN)
- Current business license
- DBA name registration (for sole proprietors, if applicable)
- Partnership agreement (for partnerships)
- Articles of Organization (for LLCs)
- Articles of Incorporation (for corporations)
Checking Account Promotions for October 2025
Here are the top business checking bonus for new business checking customers:
- Truist Bank:
Business Checking Account - $400 Bonus - Bank of America® Business Advantage Banking Checking Account:
$200 Bonus Offer - U.S. Bank Business Essentials:
$400 Bonus - Bluevine:
Free Business Checking - Earn $300 Bonus - Axos Bank:
Basic Business Checking - Up to $400 Bonus - PNC Bank:
Business Checking Account - $1,000 Bonus - Chase Business Complete Banking®:
Up to $500 Bonus - Huntington:
Business Checking Account - $1,000 Bonus - Wells Fargo:
Business Checking Account - $400 Bonus - BMO:
Business Checking Account - $1,000 Bonus - Blue Foundry Bank:
Business Checking Account - $1,000 Bonus - KeyPoint Credit Union:
Business Checking Account - $500 Bonus - Independent Bank:
Business Checking Account - $500 Bonus - North State Bank:
Business Checking Account - $450 Bonus - SouthState Bank:
Business Checking Account - $400 Bonus - MIDFLORIDA Credit Union:
Business Checking Account - $300 Bonus - America First Credit Union:
Business Checking Account - $250 Bonus - Red Canoe Credit Union:
Business Checking Account - $250 Bonus - Valley Strong Credit Union:
Business Checking Account - $250 Bonus - Ballston Spa National Bank:
Business Checking Account - Up to $240 Bonus - Consumers Credit Union (Michigan):
Business Checking Account - $200 Bonus - Community First Credit Union:
Business Checking Account - $200 Bonus - TBK Bank:
Business Checking Account - Up to $200 Bonus - Freedom Federal Credit Union:
Business Checking Account - $100 Bonus - BrightStar Credit Union:
Business Checking Account - $100 Bonus - 1st United Credit Union:
Business Checking Account - $100 Bonus - S&T Bank:
Business Checking Account - Up to $900 Bonus - Banner Bank:
Business Checking and Savings Account - $600 Bonus - Newtown Savings Bank:
Business Checking Account - $500 Bonus - Achieva Credit Union:
Business Checking Account - $400 Bonus - Dedham Savings:
Business Checking Account - $300 Bonus - Hancock Whitney Bank:
Business Checking Account - $200 Bonus - Republic Bank:
Business Checking Account - $200 Bonus - American Airlines Credit Union:
Business Checking Account - $100 Bonus - Fulton Bank:
Business Checking Account - $500 Bonus - Simmons Bank:
Business Checking Account - Up to $900 Bonus - Central Bank:
Business Checking Account - $500 Bonus - First Horizon Bank:
Business Checking Account - $800 Bonus - Westfield Bank (OH):
Business Checking Account - $250 Bonus - Wintrust Bank:
Business Checking Account - $300 Bonus - Central Pacific Bank:
Business Checking Account - $1,200 Bonus
PNC Bank: Business Checking Account - $1,000 Bonus
PNC Bank: Business Checking Account - $400 Bonus
Chase Business Complete Banking® - Up to $500 Bonus
- Minimum Deposit to Open: $0
- Direct Deposit Required: No
Huntington: Business Checking Account - $1,000 Bonus
Huntington: Business Checking Account - $400 Bonus
Wells Fargo: Business Checking Account - $400 Bonus
BMO: Business Checking Account - $1,000 Bonus
BMO: Business Checking Account - $750 Bonus
BMO: Business Checking Account - $400 Bonus
Blue Foundry Bank: Business Checking Account - $1,000 Bonus
KeyPoint Credit Union: Business Checking Account - $500 Bonus
Independent Bank: Business Checking Account - $500 Bonus
North State Bank: Business Checking Account - $450 Bonus
- Direct Deposit Required: No
- Minimum Deposit Required: $500 at account opening
SouthState Bank: Business Checking Account - $400 Bonus
MIDFLORIDA Credit Union: Business Checking Account - $300 Bonus
America First Credit Union: Business Checking Account - $250 Bonus
Red Canoe Credit Union: Business Checking Account - $250 Bonus
Valley Strong Credit Union: Business Checking Account - $250 Bonus
Ballston Spa National Bank: Business Checking Account - Up to $240 Bonus
Consumers Credit Union (Michigan): Business Checking Account - $200 Bonus
- Direct Deposit Required: $1,500 or more monthly ACH
- Minimum Deposit Required: $1,500 or more monthly ACH
Community First Credit Union: Business Checking Account - $200 Bonus
TBK Bank: Business Checking Account - Up to $200 Bonus
TBK Bank: Business Checking Account - Up to $150 Bonus
Freedom Federal Credit Union: Business Checking Account - $100 Bonus
- Direct Deposit Required: No
- Minimum Deposit Required: $100 within 90 days
Community First Credit Union: Business Checking Account - $100 Bonus
BrightStar Credit Union: Business Checking Account - $100 Bonus
1st United Credit Union: Business Checking Account - $100 Bonus
TBK Bank: Business Checking Account - Up to $100 Bonus
North State Bank: Business Checking Account - $50 Bonus
- Direct Deposit Required: No
- Minimum Deposit Required: $100 at account opening
Community First Credit Union: Business Checking Account - $50 Bonus
S&T Bank: Business Checking Account - Up to $900 Bonus
S&T Bank: Business Checking Account - $600 Bonus
Banner Bank: Business Checking and Savings Account - $600 Bonus
Banner Bank: Business Checking Account - $500 Bonus
Newtown Savings Bank: Business Checking Account - $500 Bonus
Achieva Credit Union: Business Checking Account - $400 Bonus
S&T Bank: Business Checking Account - $300 Bonus
Dedham Savings: Business Checking Account - $300 Bonus
Achieva Credit Union: Business Checking Account - $250 Bonus
Hancock Whitney Bank: Business Checking Account - $200 Bonus
Republic Bank: Business Checking Account - $200 Bonus
Banner Bank: Business Checking and Savings Account - $200 Bonus
Banner Bank: Business Checking Account - $100 Bonus
American Airlines Credit Union: Business Checking Account - $100 Bonus
Fulton Bank: Business Checking Account - $500 Bonus
Simmons Bank: Business Checking Account - Up to $900 Bonus
Simmons Bank: Business Checking Account - Up to $450 Bonus
Simmons Bank: Business Checking Account - Up to $300 Bonus
Central Bank: Business Checking Account - $500 Bonus
First Horizon Bank: Business Checking Account - $800 Bonus
Why Open a Business Checking Account?
A separate business banking account is required for LLCs and corporations. But even if you don't operate as one of these, here are some advantages of a business banking account:
- Easier Bookkeeping
It will get very hard during tax time if you mix your personal and business transactions. A separate business account will provide a clear trail of your business activities for yourself and the IRS.[1] - Professionalism
Your customers can make checks out to your business instead of to you. You can also pay for business expenses with a business card or checks. And when it's tax time, you can make the tax payment out of your business account. - Purchase Power
A lot of bank business accounts will also give you access to their business credit cards. This gives you more purchasing power if you have startup costs or need to make a large purchase. - Access to funding
You need a business bank account if you'll ever apply for a business loan. You never know when you might need a loan to expand your business or to keep it afloat during hard times.
Free Checking Account for Small Business Owners
- $0 monthly service fees
- $0 minimum opening deposit
- No minimum balance requirement
- No foreign exchange fee
- Get direct deposits up to 2 days earlier
Free Business Banking for the Self-Employed
- $0 monthly service fees or minimums
- Automatically find tax write-offs and track expenses
- Auto-save for taxes
- Photo receipt capture
- Free unlimited custom invoices
- Easy sign up; no credit check
Free Business Checking - Up to 1.3% APY
- 1.3% APY on balances up to $250,000 for eligible customers
- Unlimited transactions
- Free unlimited invoicing and payment links
- 5 free subaccounts with unique account numbers
- 1 free checkbook for the life of the account
- $0 monthly service fee
Free Business Checking
- $0 monthly service fee
- ATM fee refunds up to $7 per month
- Free ACHs, incoming wires, and mailed checks
- Up to 20 Reserves to manage multiple budgets
- Thousands of app integrations
Business Advantage Fundamentals™ Banking
- No fee for first 20 transactions per statement cycle
- No fee for first $5,000 in cash deposited per statement cycle at an ATM or Financial Center
North One Plus Business Banking - Up to 3.00% APY
- 3.00% APY on balances up to $250,000 for eligible customers
- Priority email/chat support
- Dedicated relationship manager
- Implementation and onboarding assistant
- $0 same-day ACH payments, bill payments, and physical checks
- Lowest transaction fees
- $50 minimum opening deposit
- $30 monthly fee
How to Get Business Account Bonuses
You can often find bank promotions for opening a new business checking account. These offers will usually be a cash bonus with a certain minimum deposit. The terms will usually be:
- Open a new account through a certain offer link.
- Earn a cash bonus after you complete a qualifying deposit within a certain number of days.
- Maintain that balance for a certain number of days.
- Receive your cash bonus after these qualifying activities are complete. The money will be deposited into your account.
We keep a list of the latest business promotions, so keep your eye out on our page. If you see a bonus offer, we will provide the promo code and details. Be aware of when the offer expires and act on it quick.
These banks often offer business checking bonuses:
- Truist Bank:
Business Checking Account - $400 Bonus - Bank of America® Business Advantage Banking Checking Account:
$200 Bonus Offer - U.S. Bank Business Essentials:
$400 Bonus - Bluevine:
Free Business Checking - Earn $300 Bonus - Axos Bank:
Basic Business Checking - Up to $400 Bonus - PNC Bank:
Business Checking Account - $1,000 Bonus - Chase Business Complete Banking®:
Up to $500 Bonus - Huntington:
Business Checking Account - $1,000 Bonus - Wells Fargo:
Business Checking Account - $400 Bonus - BMO:
Business Checking Account - $1,000 Bonus
What To Look for in a Business Account
What bank has the best business account? Picking the right bank for your business is important. Aside from just checking, your bank should be able to provide solutions to help your business grow (such as credit card offers and business loans).
Here are some factors to consider:
- Monthly fees and balance requirements
Most traditional banks have a monthly service fee. You'll have to maintain a minimum balance or complete deposit requirements in order to waive the monthly fees. Can you meet that requirement?What's the most you're willing to keep as a monthly balance? - Small or large bank
Large national banks are more convenient and may have more options. But small local banks or credit unions offer more personalized service.If you don't need in-person banking services, you may even want to consider an online bank, which often have less fees and lower requirements. - Number of transactions
How many transactions do you expect each month? Most banks offer a limited amount of free monthly transactions. See if the checking account meets your transaction and deposit needs. - Additional services and benefits
Will you potentially want a loan in the future? Or merchant services and payroll programs? If so, look for a bank that offers these services to small business owners. Having a personal relationship with your bank may help you obtain these services.
- Introductory offers
- Interest rates
- Transaction fees
- Early termination fees
- Account maintenance and minimum balance
- ATM access
- FDIC Insurance
Frequently Asked Questions
Can I use my personal bank account for business?
Sole proprietors are not legally required to have a business bank account. So technically, you can conduct both personal and business transactions from your personal account.
However, a separate business account will be helpful to keep expenses separate for tax reasons. LLCs, corporations, and DBAs are required to have a separate business bank account.
Do I have to be an LLC to open a business checking account?
Nope. Sole proprietors can open a business checking account with their SSN or tax ID.
As a sole proprietor, you can operate the business under your own name and don't even need to be registered. This works for self-employed individuals or small home businesses.
How long does it take to open a business checking account?
Many banks let you open a business checking account online, so you can fill out the application in minutes. You may then be required to send in additional supporting documents.
Once the application is approved, your new account could be up and running in as little as 3-5 business days. For the smoothest process, make sure to have all the required documentation ready when you apply.
How much money do I need to open a business checking account?
Each bank will have their own deposit requirements for their business checking accounts. It could be $0 or as low as just $25. More premium accounts may require higher opening deposits.
Watch out for any service fees. Some banks may require that you maintain a certain balance to avoid a monthly service fee.
Can I open a business bank account with bad credit?
Banks check your banking history and credit report when considering you for a new banking product. If you have a history of overdrafts or bank debts, it could be hard for you to get approved for a business bank account—especially as a sole proprietor.
For those with bad credit, forming an LLC could help. This action separates the business from your personal accounts.
There are banks that offer business accounts to those with bad credit. You'll need to ask around if there are options for you. Credit unions are also usually more lenient with their requirements.
What the Experts Say
As part of our series on small businesses and banking, CreditDonkey asked a panel of industry experts to answer readers' most pressing questions. Here's what they said:
References
- ^ IRS. FAQ Income & Expenses, Retrieved 3/19/2022
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