[YMMV, CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL] Citizens Bank $1,500 Business Checking Bonus

Update 5/19/26: Extended until 8/31.

Update 4/27/26: Back until 5/31/2026, has the targeted language again.It is being advertised in branch without the online link though, so you should be able to apply in branch for the offer and be eligible.

Update 5/25/25: Deal is back until 8/31/25.Hat tip to reader Tikky

Note: The terms state “Eligibility: This offer is non-transferable and is only available for those that received the offer at the address stated on the mailer.” so is most likely targeted online.It is being advertised in branch without the online link though, so you should be able to apply in branch for the offer and be eligible.

Offer at a glance

Maximum bonus amount: Up to $1,500

Availability: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL

Direct deposit required: None

Additional requirements: See below

Direct deposit required: No

Additional requirements: See below

Hard/soft pull: Soft pull

ChexSystems:Mixed data points

Credit card funding: None

Monthly fees: $0 – $25

Early account termination fee: None

Expiration date: 5/16/2025

The Offer

Direct link to offer (doesn’t show for everybody)

Citizens Bank is offering a business checking bonus of up to $1,500

Open a first new Business Advisor Checking® or Clearly Better Business Checking® account

Deposit and maintain funds until August 31, 2025:

Deposit $5,000 and earn $300

Deposit $15,000 and earn $500

Deposit $30,000 and earn $750

Deposit $100,000 and earn $1,500

Make five qualifying transactions within two months

The Fine Print

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

Avoiding Fees

Monthly Fees

Clearly Better Business Checking has no monthly fees to worry about.

Business Advisor Checking has a $25 monthly fee.

This is waived with either of the following:

$10,000 average daily balance -OR-

$35,000 monthly combined balance.

Early Account Termination Fee

As far as we know there is no early account termination fee.

Our Verdict

Update: Funds don’t need to be deposited until June 30, so the returns are more like:

$300, 30%

$500, 16.7%

$750, 12.5%

$1500, 7.5%

Hat tip to reader JD

Have to tie up funds for three and a half months, more likely to be closer to four months once everything is finished.Return gets worse the larger bonus you go after.For example the annualized returns are roughly as follows:

$300, 24% APY

$500, 13.3% APY

$750, 10% APY

$1,500, 6% APY

Bonus is worth doing but isn’t available for long.Added to best business checking bonuses.

Hat tip to NGB

Useful posts regarding bank bonuses:

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