If you’re opening a business bank account, a generous sign-up bonus can provide an immediate boost to your cash flow. Many banks are offering cash incentives worth hundreds of dollars to attract new business clients.
Earning an account bonus usually requires maintaining a minimum balance, making qualifying deposits and completing a certain number of transactions. While these promotions can be highly valuable, it’s important to look at the account holistically, beyond just the short-term gain. Are you losing most of your bonus to fees? Does the account serve the needs of your business?
CNBC Select has chosen the best business bank account bonuses and promotions based on cash incentives, eligibility requirements, account features, user benefits and other criteria. For more on how we made our selections, read our methodology.
Best business bank account bonuses
BMO: Earn up to $1,500
BMO Simple Business Checking account
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Annual Percentage Yield (APY)
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Monthly maintenance fee
$10 (can be waived if you maintain an average collected balance of $100 or more per statement period)
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Minimum opening deposit
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Minimum balance
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Small business perks
100 free transactions and $2,000 in fee-free cash deposits per statement period
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Free ATM network
40,000+ BMO and Allpoint® ATMs nationwide
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ATM fee reimbursement
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Overdraft fees
$20 per item, up to three items per business day. No fee if the transaction is $5 or less or your account is overdrawn by $20 or less.
Pros
- $10 monthly fee can be waived with $100 average deposits
- Generous overdraft grace period
- Free access to over 40,000 ATMs nationwide
Cons
- $0.40 for every extra transaction over 100 per statement cycle
- Only $2,000 in cash deposits for free, then $0.25 for every $100
- Charges a $3 fee for using out-of-network ATMs
Canadian banking giant BMO has the largest business bonus on the market: The BMO Simple Business Checking account comes with a cash incentive of up to $1,500 — but it requires a hefty deposit.
- $400 bonus: $4,000 to $24,999 in new money
- $750 bonus: $25,000 to $49,999 in new money
- $1,000 bonus: $50,000 to $99,999 in new money
- $1,500 bonus: $100,000+ in new money
The offer is also available with BMO Premium, Elite and Digital Business Checking accounts.
How do you earn the cash bonus?
- Open a new BMO business checking account online or in person and have the qualifying balance on the 30th day after account opening.
- Maintain that balance for another 60 days.
Monthly fee: $10 fee is waived if you maintain an average collected balance of $100.
Offer expires: Aug. 31, 2026
M&T Bank: Earn up to $1,500
M&T Bank Business Plus Checking
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Special offer
Earn a cash bonus of up to $1,500 when you open a new account and complete qualifying transactions. Use promo codeBO before Sept. 30, 2026.
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Annual Percentage Yield (APY)
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Monthly maintenancefee
$15, waived for first three months (wavied permanently with qualifying activities)
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Minimum opening deposit
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Minimum balance
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Free ATM network
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ATM fee reimbursement
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Small business perks
Up to $5,000 in fee-free cash deposits and access to Positive Pay fraud protection
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Overdraft fee
$15 per day(maximum one per day)
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Mobile check deposit
Pros
- Generous welcome bonus for new accounts
- $5,000 in fee-free cash deposits
Cons
- Small ATM and branch networks limited to 13 states
- Doesn’t reimburse out-of-network ATM fees
- Low limit of 250 free monthly transactions
M&T Bank has a tiered reward system when you open a Business Plus, Business Essential or Business Premium Checking account.
- $300 bonus: Average ledger balance between $5,000 and $14,999
- $500 bonus: Average ledger balance between $15,000 and $29,999
- $750 bonus: Average ledger balance between $30,000 and $99,999
- $1,500 bonus: Average ledger balance of $100,000+
How do you earn the cash bonus?
- Open a new M&T Business Checking account with promo code BO.
- Maintain an average ledger balance of at least $5,000 in the third full month after you open your account.
- Your account will be credited by the end of the fourth month.
Monthly fee:Monthly maintenance fee can be waived by completing qualifying activities.
Offer expires: Sep. 30, 2026
U.S. Bank: Earn up to $1,200
U.S. Bank Business Essentials® Business Checking Account
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Monthly maintenancefee
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Minimum deposit to open
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Minimum balance
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Annual Percentage Yield (APY)
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Free ATM network
13,000 U.S. Bank ATMs nationwide
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ATM fee reimbursement
None. $2.50 fee for using out-of-network ATMs
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Small business perks
Unlimited free electronic deposits and withdrawals
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Overdraft fee
$36 per item, with a maximum of three per day. No fee on transactions under $5 or if the account is withdrawn $50 or less.
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Mobile check deposit
Pros
- No monthly fee
- Welcome bonus for new customers
- Low $25 minimum opening deposit
- Unlimited free electronic deposits and withdrawals
- Freemobile card readerwithnosoftware fee
- Same-day access to funds
Cons
- Only 25free teller and paper transactions per statement cycle
- $2.50 fee for using out-of-network ATMs.
- Overdraft fee is higher than many others
Open a U.S. Bank Business Essentials to earn a $400 bonus or a Platinum Business Checking Package to earn the full $1,200.
How do you earn the cash bonus?
- Open a business checking account with promo code Q3DIG2.
- For the $400 Business Essentials bonus, deposit at least $5,000 within 30 days of account opening. For the $1,200 Platinum Business Checking reward, you must have at least $25,000.
- Maintain the same daily balance through Day 60 after account opening.
- Complete six qualifying transactions within 60 days, including debit card purchases or ACH transactions.
- Your bonus will be deposited within 30 days after the month-end in which the requirements are met.
Monthly fee: U.S. Bank doesn’t charge a monthly maintenance fee.
Offer expires:Sep. 27, 2026
Huntington Bank: Earn up to $1,000
Huntington Unlimited Business Checking
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Special offer
Get a cash bonus of up to $1,000 when you open a new account and complete qualifying activities.
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Annual Percentage Yield (APY)
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Monthly maintenancefee
$20 (can be waived with a $10,000 balance or a qualifying personal checking account)
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Minimum opening deposit
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Minimum balance
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Free ATM network
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ATM fee reimbursement
None. $3.50 fee per transaction at non-Huntington ATMs
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Small business perks
Customers can choose one extra bonus service, including a fraud prevention tool, payroll services discount, or a desktop check scanner.
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Overdraft fee
$36 overdraft fee per item (up to three per business day). No fee if account is overdrawn by $50 or less. Fee is refunded if funds are deposited by midnight on the next business day
Pros
- Welcome bonus for new accounts
- Unlimited checks, incoming ACH transfers and debit card purchases
- High $10,000 fee-free cash deposit limit
- 24- hour grace period on overdrafts
- Bonus perks include payroll services discount and waiver on returned item fees
Cons
- $20 monthly service fee requires a $10,000 balance to waive
- No national ATM partner network and limited physical footprint
Get a cash bonus of up to $1,000 when you open a higher-tier business checking account with Huntington Bank, plus unlimited transactions and free integration with business management software.
How do you earn the $400 cash bonus?
- Open a Huntington Unlimited Business Checking, Unlimited Plus Business Checking, Business Analyzed, Nonprofit Analyzed or Nonprofit Interest Checking account anddeposit at least $5,000 in new money within60 days.
- Maintain that balance for at least 90 days.
How do you earn the $1,000 cash bonus?
- Open an Unlimited Plus Business Checking account and deposit at least $20,000 within 30 days.
- Maintain a daily balance of $20,000 or more for 60 days after meeting the initial deposit requirement.
Monthly fee:The $20 fee can be waived with a $10,000 balance or a qualifying personal checking account.
Offer expires: Oct. 14, 2026
Wells Fargo: Earn up to $825
Wells Fargo Initiate Business Checking
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Special offer
Earn up to $850 when you open a new Initiate Business Checking account by Sept. 8, 2026, and complete qualifying activities
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Annual Percentage Yield (APY)
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Monthly maintenancefee
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Minimum opening deposit
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Minimum balance
None (monthly fee waived with $2,000 daily balance.)
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Free ATM network
More than 11,000 Wells Fargo ATMs nationwide
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ATM fee reimbursement
None. Wells Fargo charges a $3 fee for transactions at out-of-network ATMs
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Small business perks
Free incoming wire transfers and up to 100 transactions and $5,000 cash deposits per month with no fee
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Overdraft fee
Pros
- Cash bonus of up to $825
- Up to $5,000 cash deposits per month with no fee
- 4,200 branch locations and 11,000 Wells Fargo ATMs
Cons
- $2,000 minimum daily balance needed to get the monthly fee waived
- Each transaction over the first 100 is $0.50
- Account lacks integrated invoicing or business management software tools
Wells Fargo Initiate Business Checking comes with a bonus of up to $825 for eligible new account holders who meet the opening deposit, balance and transaction requirements.
- Earn a $400 bonus with a deposit of $2,500
- Earn a $550 bonus with a deposit of $10,000
- Earn an $825 bonus with a deposit of $25,000
How do you earn the cash bonus?
- Open a new account with the bonus code sent via email.
- Deposit at least $2,500 in new money by Day 30 from account opening and maintainthe account balance through day 60.
- Complete five or more qualifying transactions within the 60-day qualification period.
- If you meet the requirements, the bonus will be deposited within 30 days of the 60-day qualification period.
Monthly fee: The $15 monthly service fee can be waived with a $2,000 minimum daily balance or a $5,000 combined account balance.
Offer expires: Sep. 8, 2026
Truist Bank: Earn up to $800
Truist Simple Business Checking
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Special offer
New accounts are eligible for a cash bonus of up to $800. Use promo codeLP03B4DFC28701B by March 24, 2027 and complete qualifying activities.
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Annual Percentage Yield (APY)
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Monthly maintenancefee
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Minimum opening deposit
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Minimum balance
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Free ATM network
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ATM fee reimbursement
None. $3 out-of-network ATM fee
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Small business perks
Access to a customizable Truist business debit card, integration with accounting software like QuickBooks and cash back and statement credits on debit card purchases
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Overdraft fee
$36 per item, up to a maximum of three per day
Pros
- No monthly fee
- Can send and receive payments via Zelle
- Special benefits for non-profit businesses
Cons
- You only get 50 fee-free transactions per month
- Free cash deposits are limited to $2,000 per month
How do you earn the cash reward?
- Open a new account with promo codeLP03B4DFC28701B.
- Deposit at least $2,500 within 30 days of account opening to earn $400 or at least $10,000 to earn an $800 bonus and maintain that balance from days 30 through 90.
- Your cash reward will be deposited within 10 business days of completing the qualification requirements.
Monthly fee: No monthly maintenance fee.
Offer expires: Mar. 24, 2027
Bank of America: Earn up to $750
Bank of AmericaBusiness Advantage Relationship Banking
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Special offer
Tiered Offer: Earn $400 bonus when you deposit $5,000+ in New Money within 30 days of account opening, and maintain that balance for the next 60 days or earn $750 bonus when you deposit $15,000+ in New Money within 30 days of account opening, and maintain that balance for the next 60 days. Offer expires 12/31/2026*
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Monthly maintenancefee
$29.95, with options to waive*
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Minimum deposit to open
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Minimum balance
$15,000 to waive the monthly fee (or $5,000 for the lower-tier Bank of America Business Fundamentals account)
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Annual Percentage Yield (APY)
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Free ATM network
15,000+ Bank of America ATMs
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ATM fee reimbursement
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Small business perks
Easy QuickBooks® integration
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Overdraft fee
$10 per item (up to two per day). Accounts can be set to decline transactions if there are insufficient funds.
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Mobile check deposit
Terms apply. Bank of America is a Member FDIC.
Pros
- Access to 3,500 branches and 15,000+ ATMs
- No monthly fee for first 12 statement cycles
- Unlimited free ACH, debit card, electronic debits and check deposits
- Cash deposits up to $20,000 per statement cycle are free
Cons
- Doesn’t earn interest
- $29.95 monthly maintenance fee
- Monthly limit on free cash deposits and “non-electronic” transactions
How to avoid the monthly fee:
Meet one of the following requirements each statement cycle.
- Maintain a $15,000 combined average monthly balance across your linked Bank of America accounts
- Qualify for and enroll in thePreferred Rewards for Businessprogram (first four checking accounts per enrolled business)
* Offer is available only to applicants who apply for a new account online. This offer is intended for new customers only; your business is not eligible for this offer if you were an owner or signer on a Bank of America Business Advantage account within the last twelve (12) months. Bank of America employees are not eligible for this offer. Only one Business Advantage Banking bonus offer per business owner, regardless of the number of businesses owned or operated by the customer. Offer may not be combined with any other offers. Offer expires December 31, 2026. Bank of America may change or discontinue this offer at any time without notice. The value of this bonus may constitute taxable income; Bank of America may issue an IRS Form 1099 to reflect the value of the bonus. Bank of America, N.A. Member FDIC.
The largestsmall business lender in theU S., Bank of America has a tiered incentive, offering a $400 bonus with a $5,000 deposit of new money and a $750 bonus with a deposit of at least $15,000. Account holders have access to a network of more than 3,500 branches and 15,000 fee-free ATMs, a real asset if you handle cash or need hands-on customer support.
How do you earn the cash bonus?
- Open a new Business Advantage Fundamentals™ or Bank of America Business Advantage Relationship Banking account.
- Deposit the required amount of new money within 30 days of account opening.
- Maintain a daily balance of at least $5,000 to be eligible for a cash bonus.
Monthly fee: The $15 monthly service fee is waived for the first 12 months and can be permanently waived with a minimum $2,000 balance.
Offer expires: Dec. 31, 2026
Axos Bank: Earn up to $600
Enjoy a $200 cash bonus with an Axos Basic Business Checking account or boost your reward to $600 with the Axos Bank Business Bundle.
How do you earn the $200 cash bonus?
Open an Axos Basic Business Checking accountwith promo codeSTART200and maintain an average daily balance of $3,000 per month. You’ll earn $50 cash per calendar month, up to$200.
How do you earn the $600 cash bonus?
- Open a Business Premium Savings and Basic Business Checking account with a single application bundle, using promo code SBB600.
- Deposit at least $1,000 in new money into your Basic Business Checking account and make two or more $50 debit card purchases.
- Maintain an average daily balance of at least $1,500 in your Basic Business Checking account and at least $50,000 in theAxos Business Premium Savings account.
- The bonus is paid out in $100 increments. You can earn up to six payouts over the first seven statement cycles, for a total bonus of $600.
- Each bonus is paid within the first 15 business days following the end of the statement cycle in which the eligible business qualified.
Monthly fee: Axos Bank doesn’t charge a monthly fee for its Basic Business Checking account.
Offer expires: Jan. 31, 2027
Chase: Earn up to $500
Chase Business Complete Banking®
Chase Bank is a Member FDIC.
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Special offer
Earn up to $500 when you open a new Chase Business Complete Checking account. For new Chase business checking customers with qualifying activities.
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Annual Percentage Yield (APY)
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Monthly maintenancefee
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Minimum opening deposit
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Minimum balance
None (Minimum daily balance of $2,000 waives the monthly maintenance fee)
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Free ATM network
More than 15,000 Chase ATMs
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ATM fee reimbursement
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Small business perks
Multiple owners can get debit cards, PINs, online account access and employee debit cards (owners control daily limits)
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Overdraft fee
Terms apply. Chase Bank is a Member FDIC.
Pros
- Earn up to a $500 welcome bonus when you open a new account with qualifying activities.
- Access to over 5,000 branches and 15,000+ ATMs nationwide
- Accept credit card payments on the spot with Chase QuickAccept℠,
- Same-day access to cash deposits
- Multiple owners and employees can get debit cards with customizable daily spending limits
Cons
- $15 monthly maintenance fee requires a minimum daily balance of $2,000 to waive.
- Fee for cash deposits over $5,000
- Only 20 free in-person transactions per month,
How to avoid the monthly fee:
Meet one of these conditions during your monthly statement period.
- $2,000 minimum daily balance
- $2,000 in purchases on your Chase Ink®Business Card(s)
- $2,000 in deposits from QuickAccept℠ and/or other eligible Chase Merchant Services transactions
- Link a Chase Private Client Checking℠ account
How overdraft fees are waived:
- If your account balance at the end of the business day is overdrawn by $5 or less
- If the item that caused the overdraft was $5 or less, even if your account balance at the end of the business day is overdrawn
- If you made a debit card transaction and your available balance was sufficient at the time it was authorized
- If a merchant submitted the same check or ACH item submitted multiple times, resulting in a Returned Item Fee and an Insufficient Funds Fee
- Insufficient Funds Fees do not apply to withdrawals made at an ATM
Chase has more than 5,000 branches, the most of any bank in the U.S. Business customers can earn $400 with a minimum deposit of $2,000 in new money in a new Chase Business Complete Checking account or $500 with a minimum deposit of $10,000.
How do you earn the cash bonus?
- Open a new Chase Business Complete Checking account online or at a local branch.
- Deposit the minimum amount in new money within 30 days and maintain that balance for at least 60 days.
- Complete five qualifying transactions within 90 days of offer enrollment, including debit card purchases, ACH credits and Chase QuickAccept®.
- Your bonus will be deposited within 15 days of completing the requirements.
Monthly fee: A minimum daily ending account balance of $2,000 will also waive the monthly $15 service fee.
Offer expires: Oct. 15, 2026
Bluevine: Earn up to $500
Bluevine Business Checking
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Special offer
A *$500 bonus by applying for a Bluevine Business Checking account using the referral code CNBC500 before 9/30/2026. Minimum qualifications must be fulfilled in order to be eligible for this bonus.
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Monthly maintenancefee
Standard $0; Bluevine Plus $30 (with options to waive); Premier $95 (with options to waive)
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Minimum opening deposit
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Minimum balance
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Annual Percentage Yield (APY)
Standard 1.3% APY on balances up to $250,000 if you meet a monthly activity goal*; Bluevine Plus 1.75% on balances up to $250,000; Premier 3.0% APY on balances up to $3 million
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Free ATM network
No fees at over 38,000 ATM locations nationwide
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ATM fee reimbursement
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Small business perks
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Overdraft fee
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Mobile check deposit
Terms apply. Bluevine accounts are FDIC insured up to $3 million per depositor through Coastal Community Bank, Member FDIC
Pros
- High APY available for eligible accounts
- No monthly fees or charges for ACH payments, overdrafts or incoming wire transfers
- Deposits are FDIC-insured up to $3 million
- Access to 37,000+ free ATMs in the MoneyPass network
Cons
- No physical branches
- Fee for cash deposits, which are handled through a third-party network
- No refunds for out-of-network ATM transactions
- Outgoing domestic wires cost $15.
*The requirements to earn the $500 bonus:
Customers must apply for a Bluevine Business Checking account by using the referral code above before 1/31/2026. 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 fromeligible merchant servicesto your Bluevine account
- Make at least $5,000 of outbound payroll payments from your Bluevine account usingeligible payroll providers
- Spend at least $2,000 with your Bluevine Business Debit Mastercard® and/or Bluevine Business Cashback Mastercard®
*The requirements to earn interest are either:
- Debit Card Spend: Spend $500 per month with Bluevine Business Debit Mastercard® issued by Coastal Community Bank pursuant to a license from Mastercard inc, which can be used everywhere Mastercard® is accepted.
- Incoming Payments: Receive $2,500 per month in customer payments into Bluevine Business Checking account via ACH, wire transfer, mobile check deposit, or directly from merchant payment processing provider
With a Bluevine Business Checking account, you enjoy no monthly fees, no minimum balance, a competitive APY and unlimited transactions. All that, plus a $500 sign-up bonus.
How do you earn the cash bonus?
- Open a Bluevine Business Checking account with promo code CNBC500.
- Deposit at least $5,000 within the first 30 days and maintain that balance for 90 days.
- Complete a qualifying transaction every 30 days during the promotional period.
Monthly fee: There is no monthly fee with Bluevine Business Checking.
Offer expires: Sep. 30, 2026
Capital One: Earn up to $500
Capital One Business Basic Checking
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Special offer
Earn $500 with a Capital One business checking account. Open with codeSBOFFER500 and meet requirements.
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Monthly maintenancefee
$15, waived if your prior 30- or 90-day account balance averages $2,000or more
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Minimum opening deposit
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Minimum balance
None ($2,000 to waive fee)
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Annual Percentage Yield (APY)
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Free ATM network
70,000+ fee-free ATMs through Capital One, MoneyPass, and Allpoint® networks
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ATM fee reimbursement
None. $2 fee per out-of-network ATM transaction
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Small business perks
Unlimited electronic transactions, ACH payments, mobile deposits and online bill pay
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Overdraft fee
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Mobile check deposit
Terms apply. Capital One is a Member FDIC.
Pros
- $5,000 in fee-free cash deposits per month
- No minimum opening deposit
- 70,000+ fee-free ATMs and 750 Capital One branches nationwide
Cons
- No interest earned
- Doesn’t offer out-of-network ATM fee reimbursements
- International wires can cost up to $50 per transaction
In addition to unlimited free digital transactions and up to $5,000 fee-free teller transactions per month, new Capital One Basic Business Checking account holders can qualify for a tidy $500 cash incentive.
How do you earn the cash bonus?
- Apply for a new Basic or Enhanced business checking account with promo code SBOFFER500.
- Deposit at least $5,000 in new money within 30 days of account opening.
- Maintain an end-of-day balance of $5,000 for at least 60 days within 90 days of account opening.
- Make 10 qualifying electronic transactions.
- Capital One will deposit the bonus within 90 days of meeting all the offer requirements.
Monthly fee: The $15 monthly service fee can be waived with a minimum balance of $2,000.
Offer expires: N/A
Provident Credit Union: Earn up to $475
Provident Credit Union Dividend Business Checking
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Monthly maintenancefee
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Minimum opening deposit
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Minimum balance
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Annual Percentage Yield (APY)
Up to 0.85% APY, depending on your balance
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Free ATM network
60,000+ ATMs nationwide in the CO-OP,MoneyPassand Alliance Onenetworks
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ATM fee reimbursement
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Small business perks
No cash or transaction limits and free overdraft transfer protection. Debit card with Visa Savings Edge discounts on qualifying purchases.
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Overdraft fee
$14 overdraft fee and $14 non-sufficient funds (NSF) fee
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Mobile check deposit
Pros
- Promotional cash bonus for new account holders
- No monthly fee or minimum balance
- Offers tiered dividend rates
- No check or transaction limits
- Multiple users on one account with debit card access
- Free Overdraft Transfer Protection
Cons
- Few physical branches
- Must have a balance of $125,000+ for top APY
- Eligibility criteria to join Provident Credit Union can be restrictive
Business owners can earn a$475 bonuswhen they open a Dividend Business Checking account with Provident Credit Union and meet the promotional requirements.
How do you earn the cash bonus?
- Open a Dividend Business Checking account with promo code SEED475.
- Make at least $2,500 in deposits within the first 60 days of account opening and complete qualifying transactions.
Monthly fee: PCU doesn’t charge a monthly service fee.
Offer expires: N/A
PNC Bank: Earn up to $400
PNC Bank Business Checking
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Special offer
Earn $400 when you open a new PNC Bank Business Checking account by Sept. 30, 2026, and complete qualifying activities
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Annual Percentage Yield (APY)
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Monthly maintenancefee
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Minimum opening deposit
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Minimum balance
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Free ATM network
More than 60,000 fee-free ATMs nationwide
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ATM fee reimbursement
First two domestic or international out-of-network fees reimbursed each statement period
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Small business perks
Earn rewards and cash back on business debit card purchases, access built-in digital tools for cash-in/cash-out tracking, spend analysis and financial trends.
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Overdraft fee
$36 per item with a maximum of four per business day. Fees not applied if your account is overdrawn by $5 or less. You can link a secondary PNC account to automatically cover shortfalls.
Pros
- Generous welcome bonus
- Monthly fee waived with $500 average monthly balance, $500 spent on a linked PNC business credit card or $500 deposited through linked merchant services.
- Up to $5,000 cash deposits per month with no fee
- 4,200 branch locations and 11,000 Wells Fargo ATMs
Cons
- High overdraft fee
- Only 150fee-free transactions per month
Open a PNC Business Checking or Business Checking Plus account and enjoy a $400 cash reward.
How do you earn the cash bonus?
- Open a newPNC Business Checking or Business Checking Plusaccount and maintain a minimum balance of$2,000for the first three statement cycles.
- Make at least10qualifying transactions.
- Your cash reward will be deposited within 90 days after all the conditions have been met.
Monthly fee: The $12 monthly fee can be waived several ways, including with a $500 average monthly balance.
Offer expires: Sep. 30, 2026
Grasshopper Bank: Earn up to $300
Grasshopper Business Checking
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Special offer
1.00% cash back on qualifying purchases. Earn 3.00% APY on balances of $25,000 or more when bundled with an Innovator Savings Account.
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Monthly maintenancefee
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Minimum deposit to open
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Minimum balance
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Annual Percentage Yield (APY)
1.00% APY on balances of $0.01-$24,999.99 and $250,000.01; up to 1.35% APY on balances of $25,000-$250,000 with Innovator Checking & 3.00% APY on balances of $25,000 and above.
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Free ATM network
Enjoy fee-free withdrawals at 37,000+ MoneyPass and 8,500+ SUM ATMs nationwide
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ATM fee reimbursement
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Small business perks
Rewards debit card access & AI Integrations
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Overdraft fee
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Mobile check deposit
Pros
- No monthly fees, balance minimums or overdraft fees
- Offers a debit card that can be used to earn cash back
- Offers an APY
- Mobile check deposit
- Small minimum deposit amount to open the account
Cons
- Online only (not great if you prefer in-person banking)
- You need a higher account balance to earn the highest APY tier
Apply online in as little as five minutes to earn a $300 cash bonus with Grasshopper’s Innovator Business Checking account, plus an APY of up to 3.00% and 1% cash back on eligible debit-card purchases.
How do you earn the cash bonus?
- Open a Grasshopper Innovator Business Checking and Savingsaccount with promo codeBundle300.
- Fund your Innovator Savings Account with $25,000 or more and Innovator Business Checking Account with $2,500 or more within 30 days of account opening.
- Maintain an average daily balance of at least $25,000 in your Innovator Savings Account and at least $2,500 in your Innovator Checking Account throughout the maintenance period.
Monthly fee: Grasshopper Bank doesn’t charge a monthly service fee.
Offer expires: Aug. 31, 2026
First National Bank of Omaha (FNBO): Earn up to $250
First National Bank of Omaha (FNBO) Free Business Checking
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Special offer
Get a $250 cash bonus when you open a new account and complete qualifying transactions. Use promo code250BIZ before Dec. 31, 2026.
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Annual Percentage Yield (APY)
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Monthly maintenancefee
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Minimum opening deposit
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Minimum balance
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Free ATM network
Over 55,000 free ATMs worldwide with the Allpoint network
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ATM fee reimbursement
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Small business perks
Unlimited standard transactions, can bundle with Evergreen Business Credit Card, PayMaker integrated billing and invoicing tool and Merchant Services point-of-sale (POS) systems
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Overdraft fee
No overdraft fee or return-item fee
Pros
- Welcome bonus for new accounts
- No monthly fee or account minimum
- Unlimited monthly transactions
Cons
- Only has branches in nine states.
- Customer complaints about unhelpful customer service
Get a $250 cash bonus when you open a Free Business Checking with FNBO, and enjoy no monthly maintenance fee and unlimited standard transactions.
How do you earn the cash bonus?
- Open a new FNBO Free Business Checking account with promo code250BIZ.
- Deposit $1,000 or complete 10 debit card transactions in 31 days from account opening.
- Your bonus will be deposited within 31 days.
Monthly fee: No monthly maintenance fee.
Offer expires: Dec. 31, 2026
Found Business Checking: Earn up to $50
Found Banking
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Monthly maintenancefee
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Minimum opening deposit
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Minimum balance
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Annual Percentage Yield (APY)
None using the base version; Found Plus* subscribers earn 1.50% APY on balances up to $20K. Found Pro* subscribers earn 2.50% APY on all balances, with no cap.
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Free ATM network
Standard ATM fees will apply
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ATM fee reimbursement
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Small business perks
Access to built-in bookkeeping, invoicing and tax tools, integrations with Stripe and QuickBooks, unlimited customizable invoices. Found Plus and Found Pro subscriptions include APY and advanced tools*
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Overdraft fee
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Mobile check deposit
Pros
- Sign up in as little as five minutes
- No required monthly fees* or balance minimum requirements
- Built-in invoicing, bookkeeping, payroll and tax-planning tools
- Physical and virtual debit card
- Can receive direct deposits up to two days early**
Cons
- ATM withdrawal limit of $550
- Free version doesn’t offer APY
- Weekly check deposit limit of $3,000/week and weekly cash deposit limit of $2,000/week; monthly cash deposit limit of $4,000
Found is a financial technology company, not a bank. Found partners with Lead bank, member FDIC. The Found Mastercard Business debit card is issued by Lead Bank pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted.
*Optional subscriptions to Found Plus for $35/month or $315/year or Found Pro for $80/month or $720/year. Discount rates may apply. There are no monthly account maintenance fees, but other fees such as transactional fees for wires, instant transfers, and ATM apply.Read Found Fee Schedule
**Direct deposit funds may be available for up to two days before the scheduled payment date. Early availability is not guaranteed.
***Found Plus subscribers (for $35/month or $315/year) earn 1.50% Annual Percentage Yield (APY) on balances up to $20K. Found Pro subscribers (for $80/month or $720/year) earn 2.50% APY on all balances, with no cap.
Fin-tech platform Found’s business checking account and financial management tools target freelancers, contractors and sole proprietors. Its $50 bonus is more modest than others, but the requirements are much easier to meet.
How do you earn the cash bonus?
- Sign up for Found with offer code REVENUED.
- Receive $1,000 in earnings within 90 days of account opening.
Monthly fee: Found doesn’t charge a monthly service fee.
Offer expires: Dec. 31, 2026
American Express: Earn up to 30,000 points
American Express® Business Checking
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Special offer
Earn 30,000 Membership Rewards®points after qualifying activities.
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Annual Percentage Yield (APY)
1.30% APY on balances up to $500,000
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Monthly maintenancefee
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Minimum opening deposit
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Minimum balance
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Free ATM network
More than 70,000 fee-free Allpoint® and MoneyPass® ATMs nationwide
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ATM fee reimbursement
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Small business perks
Enjoy fee-free digital banking and earn points on everyday debit card purchases
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Overdraft fee
Does not approve transactions that exceed available balance
Pros
- Competitive APY on balances up to $500,000
- Unlimited transactions
- No monthly maintenance fee or minimum balance requirement
- Earn 1 Membership Rewards point for every $2 in eligible debit card purchases.
- Seamless integration with QuickBooks
- Around-the-clock customer service
Cons
- No physical branches for in-person banking
- No cash deposits or overdrafts
- Doesn’t allow multiple co-owners on a single business account
American Express Business Checking account holders can earn 30,000 Membership Rewards®points for business travel, cash deposits, statement credits, employee gifts and more. Plus, accounts earn 1.30% APY on balances up to $500,000.
How do you earn the bonus?
- Open an American Express Business Checking account and deposit at least $5,000 within 30 days.
- Maintain that average account balance and make at least five qualifying transactions within 60 days of account opening.
Monthly fee: There is no monthly maintenance fee.
Offer expires: N/A
What’s a business bank account and who can open one?
A business bank account is used for business transactions rather than personal finances. There are business checking and savings accounts, as well as merchant service accounts to accept credit and debit card payments from customers.
You don’t need an LLC to open a business checking or savings account: If you have substantial self-employment income, most banks will let you open an account as a sole proprietor with a Social Security number or EIN, a government ID and your business name (which can be your own legal name).
That’s just one of several options, though. Others include:
- Member-managed or manager-managed LLC
- Partnership
- Corporation (C corporation or S corporation)
- Nonprofit organization
- Freelancer or independent contractor business
What’s a business bank account bonus?
A business bank account bonus is usually a one-time cash reward given to new customers who open an eligible business checking or savings account and complete qualifying activities, like depositing a minimum amount of new money and maintaining a balance for a specified time.
You may also have to complete a certain number of transactions, such as debit card purchases or ACH deposits.
How do business account bonuses differ from personal account bonuses?
Qualifying for a business bank account isn’t very different from opening a personal account, but how you earn the bonus is: Personal checking account promotions often require direct deposit or a minimum opening balance. For business accounts, banks want to see positive cash flow — you may need to maintain an average balance for a number of weeks, deposit a certain dollar amount or complete a number of qualifying transactions, like ACH transfers, debit card purchases or mobile check deposits.
What to consider before claiming a business account bonus
Before you try to take advantage of a sign-up bonus, there are several things to keep in mind:
- You must have a legitimate business. Opening a business bank account without genuine business activity can be considered a violation of terms and result in the account being closed before you receive the bonus.
- You must be a new customer. Bonuses are designed to attract new customers, so existing business account holders are usually ineligible. Many banks also exclude applicants who have closed a business account within the past 12 months, although you may still qualify if you have other products with the bank, like a personal checking account or credit card.
- You must meet the bonus requirements. Most promotions require you to complete specific qualifying activities, such as making a minimum deposit, maintaining a minimum balance or completing a certain number of transactions within a set time frame.
- The account has to suit your business. A large sign-up bonus isn’t worth much if the account doesn’t meet your long-term needs. Before signing up, compare fees, balance requirements, transaction limits, integrations with accounting software, digital banking tools, cash deposit options, customer support and other features.
- Bonuses are taxable. In most cases, the IRS considers business bank account bonuses taxable income. If your bonus is $600 or more, the bank may send you a Form 1099-INT or Form 1099-MISC. But even if you don’t receive a tax form, you’re generally required to report the income. Keep records of the payment and consult a tax professional if you have questions about reporting it on your business tax return.
Business bank account bonus pros and cons
Pros
- Business checking bonuses are often larger than incentives for personal accounts.
- A bonus can help offset startup or operating costs.
- Established businesses may be able to qualify with normal banking activity.
- Opening a new account may provide access to better banking features and services.
Cons
- Qualifying usually requires meeting strict deposit, balance or transaction requirements.
- Most offers are limited to new business customers.
- Monthly fees are higher on business accounts, which can reduce the value of the bonus.
- You may have to keep the account open for several months to receive the bonus.
- Business bank account bonuses are generally considered taxable income.
How to open a business bank account
To open an account, you’ll typically need to provide:
- Two forms of identification, including a government-issued photo ID
- Your business address and contact information
- Your Social Security number (for sole proprietors) or your business’s Employer Identification Number
- Business formation documents, such as articles of organization or incorporation
- A business license, DBA certificate or other documentation
Individual banks may have additional requirements based on the type of account you’re opening or your business structure.
FAQs
How long does it take to get a business bank account bonus?
Each bank sets its own parameters for business account bonuses, but in most cases, you must maintain a minimum balance for 60 to 90 days before the payment is deposited in your account.
Can I close the account after I get my bonus?
Yes, in most cases you can close an account after receiving a sign-up bonus, but you should check the terms to make sure. In some cases, closing the account within a certain time frame can result in an early closure fee or the bonus being clawed back.
Which banks are offering bonuses for opening a business bank account?
Why trust CNBC Select?
At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every business bank account list is based on rigorous reporting by our team of expert writers and editors. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics.
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Our methodology
To determine which business bank accounts have the best bonuses, CNBC Select analyzed more than 30 U.S. banks, credit unions and online financial institutions with cash incentives for business clients.
We reviewed each account on a range of features, including:
- Bonus amount
- Eligibility requirements
- Monthly maintenance fees and other charges
- Transaction limits
- Digital banking tools
- Cash deposit options
- Integrations with accounting software
- Other account benefits
- Branch locations and nationwide availability
- ATM network
- Availability of other financial products
- Customer support
- Trust and transparency
We also considered CNBC Select audience data when available, such as general demographics and engagement with our content and tools.
All of the accounts included on this list are FDIC- or NCUA-insured up to $250,000. This protects your deposit and ensures you’ll be reimbursed if your bank or credit union fails.
Product and feature availability vary by market, so some of these accounts and incentives may not be offered in your area.
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Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.
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