Update 10/22/25: Deal is back until 10/31/25. doesn’t require business card anymore
Offer at a glance
Maximum bonus amount: Up to $1,000
Availability: nationwide
Direct deposit required: No
Additional requirements: Use promo code
Hard/soft pull: Soft (overdraft protection no longer being offered)
ChexSystems: Mixed.EWS sensitive according to the comments
Credit card funding: None
Monthly fees: $15, avoidable
Early account termination fee: None
Household limit: None listed
Expiration date: September 15, 2025
The Offer
Direct link to offer
Capital One is offering a bonus of up to $1,000 when you open a new business checking account with promo code BIZBONUS1000.There are two tiers:
Earn $500 with at least a $5,000 balance
Earn $1,000 with at least a $30,000 balance.
Maintain the minimum required end of day balance for at least 60 days during the first 90 days of account opening
Make 10 qualifying electronic transactions within 90 days of account opening.Qualifying transactions include electronic wire, electronic ACH, and remote check deposit.
The Fine Print
Apply for a new Basic or Enhanced checking account online by 11:59 p.m.ET on September 15, 2025, with the promo code Q3BONUS1000.Promo code MUST be used when completing the online application.
To become eligible for the offer bonus, you must have an existing Capital One Business credit card for 90 days prior to account opening and should login when filling out the application for business checking account.You must also complete the following qualifying activities on the newly opened Basic or Enhanced checking account:
To earn $500 bonus—1) Within 30 days of account opening, deposit between $5,000-$29,999.99 from an external source (cash deposits and funds sourced from an account with another financial institution that was not affiliated with Capital One prior to January 1, 2025, qualify; transfers between Capital One accounts do not qualify); 2) maintain a minimum end-of-day balance between $5,000-$29,999.99 for at least 60 days within 90 days of account opening; 3) make 10 qualifying electronic transactions within 90 days of account opening.Qualifying transactions include electronic wire (credits or debits), electronic ACH (credits or debits) and electronic remote check deposit.
To earn $1,000 bonus—1) Within 30 days of account opening, deposit at least $30,000 from an external source (cash deposits and funds sourced from an account with another financial institution that was not affiliated with Capital One prior to January 1, 2025, qualify; transfers between Capital One accounts do not qualify); 2) maintain at least $30,000 as minimum end-of-day balance for at least 60 days within 90 days of account opening; 3) make 10 qualifying electronic transactions within 90 days of account opening.Qualifying transactions include electronic wire (credits or debits), electronic ACH (credits or debits) and electronic remote check deposit.
Capital One will deposit the bonus into your new business checking account within 45‑60 days of meeting all the offer requirements.The bonus will be reflected on your monthly statement.The amount of the bonus will be reported to the IRS (and state revenue authorities, where required) on IRS Form 1099‑INT for tax year in which you receive the bonus.If at any time during the offer period your account is in default, closed, suspended, or otherwise not in good standing, you will not receive the bonus.
Offer restrictions: 1) Capital One reserves the right to stop taking applications for this offer at any time without notice.2) Only applicants having an existing Capital One Business credit card for at least 90 days at the time of account opening will qualify for the offer.3) Applicants who are users on Capital One Business checking accounts open in the last 180 days are ineligible for the bonus.5) All applications are subject to approval.6) Only one account per business will be eligible for the bonus offer.7) Each account will be eligible for either $500 or $1,000 bonus, depending on the requirements met.
Qualifying accounts will only be eligible to earn one bonus.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Basic business checking has a $15 monthly service fee, waived with $2,000 minimum balance
Early Account Termination Fee
There is no early account termination fee
Our Verdict
Previously there was a $600 bonus but that required $10,000.Think this $500 bonus is significantly better as you’re only tying up $5,000.For the two tiers if you put the money into an account earning 5% APY you’d earn the following over 60 days:
$500 bonus ($5,000): ~$41
$1,000 bonus ($30,000): ~$369
Both bonuses worth doing but really the $500 bonus that provides outsized value.This will be added to our list of the best business checking bonuses.
Hat tip to reader DougieChurns
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