[MD, PA, DE, WV, VA, D.C] SECU $350 Business Checking Bonus

Offer at a glance

Maximum bonus amount: $350

Availability:Business must be located in MD, PA, DE, WV, VA, or the District of Columbia

Direct deposit required: None

Hard/soft pull: Soft Pull

ChexSystems:Yes

Credit card funding: None

Monthly fees: None

Early account termination fee: None listed

Expiration date: December 31, 2026

The Offer

Direct link to offer

SECU is offering a $350 bonus when you open a new business checking account and complete the following requirements:

Use promo code BB350

Must maintain an average daily balance of $5,000 for the first two monthly statement cycles

Within 60 days sign up for eStatements and enroll in mobile and online banking

The Fine Print

To qualify, open a new eligible business checking account between July 01, 2026, and Dec 31, 2026, and enter promo code BB350 during online application or provide during in-branch application.Must maintain an average daily balance of $5,000 for the first two monthly statement cycles.  Within 60 days of account opening: sign up for e-statements and enroll in mobile and online banking.

Eligible business checking accounts include free business checking, interest-earning business checking, or nonprofit checking.If you are an existing or previous business member, you must not have had one of the eligible business checking account types within the last 24 months.

Offer is not available to estates.

Business must be located in MD, PA, DE, WV, VA, or the District of Columbia.Accounts opened without the promo code BB350 will not be eligible for the offer.

To open a business checking account, a business share savings account is required. Business share savings and business checking account opening subject to approval and membership eligibility requirements. The minimum balance to open a business share savings is $10.

The minimum balance to open a business checking account is $100.SECU will credit the $350 promotional bonus to the new SECU business checking account within 90 days of meeting qualifying conditions.

Business membership and accounts must be in good standing and actively enrolled in mobile and online banking to receive the bonus.Promotional period and offer are subject to change at any time without notice.The promotional bonus is limited to one per business membership (including related businesses and subsidiaries as determined at SECU’s sole discretion).

Advertised bonus cannot be combined with any other offer.Bonuses are considered miscellaneous income and may be reported as income to the IRS on Form 1099-MISC any applicable taxes are the responsibility of the member.SECU’s determination of offer eligibility is final.

All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee

There is no EATF in the fee schedule.

Our Verdict

There is also a $350 personal checking bonus, looks like you can do both.We will add this to our list of the best business bank account bonuses.

Hat tip to reader Tikky

Useful posts regarding bank bonuses:

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by mycardopinions.
Publisher: Source link

Your email address will not be published. Required fields are marked*

Frequently Asked Questions

Certainly. Unlike personal loans, you won't face any penalties for settling your balance ahead of schedule. However, it's crucial to keep in mind that if your credit card comes with a 0% introductory offer, it's essential to clear your balance completely before the 0% promotion expires and interest charges apply.

However, you can include additional cardholders, each with their own card. While sharing the single credit limit, the primary cardholder remains responsible for settling the debt.

Potentially, yes. Credit card APRs are typically variable, allowing lenders to change rates, impacting your monthly payments. Additionally, be mindful that introductory 0% offers can lead to higher interest rates once they expire. So, it's wise to clear your balance before that happens, if feasible.

Indeed, credit builder cards exist for those with less-than-ideal credit scores. These cards offer lower credit limits (typically £150 to £1,200) and higher interest rates. Responsible use, including full and on-time payments, can gradually boost your creditworthiness, potentially opening doors to better credit card offers down the line.