Offer Details
Written by: RJ
Requirements
- Open a new business checking account
- Earn $300
- Deposit $4k within 30 days of opening and maintain from days 31-90
- Earn $750
- Deposit $25k within 30 days of opening and maintain from days 31-90
- Bonus posts within 14 days of completion
Eligibility
- AZ, FL, IL, IN, KS, MN, MO, OK, WI
- Can’t have had an account in the past 12 months
Fees
- Simple checking – $10 monthly fee
- Waived with $100 balance
Account Closure
- No rule listed
Chex
- Probably not
Valid through: 10/31/24
Thoughts
Tricky part is the terms specify the average daily balance requirement is day 1 – day 90. It’s not possible to get money into an account that fast (may even take a day to post if in branch) meaning you’ll want to pad out your first month so the average daily balance meets the tier you’re going after.
What number you padding it at if you want the 30K average daily? The 10 electronic tansactions is easy, debit card transactions work there.
Just some napkin math in case it takes time to transfer in, but its like if you only keep the last 87 days its 31,034.48…