Unfortunately for small-business owners, solopreneurs, and freelancers, 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 and their lieutenants.
But not all banks give business owners short shrift. You just need to know where to look to find potentially lucrative bank account bonuses and referral opportunities. Let this list guide you to entrepreneur-friendly banks hungry enough for your business to pay you for it.
Best Business Bank Account Bonuses (February 2021)
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, some 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 Checking – $300 Bonus
A very attractive offer awaits Chase-curious entrepreneurs, including sole proprietors: $300 for new Chase Business Complete Checking customers who open an account and complete qualifying activities.
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 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 PR.
For a limited time, earn a $100 credit in your Wise account after you sign up and spend $1,000 on your Wise card within the first 30 days. All you need to do is open your account and make qualifying purchases totaling $1,000 or more during the 30-day offer period.
Moving forward, earn 0.5% incentive on base deposits (credited monthly) and 0.1% cash back incentive for every $1,000 in eligible monthly purchases with your card, up to 0.5% ($5,000 monthly spend)…Read more>>