Best $500 Business Checking Offers for January 2026
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Need a $500 boost for your small business? Business checking accounts may offer this amount as a sign-up bonus. Find out which banks have them.
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Opening a business checking account can feel like just another to-do task. But what if it came with a $500 bonus?
Whether you're a startup or a growing company, this extra cash is a nice touch. It comes with strings attached though.
Explore these generous offers and see if one fits your needs.
Here are some business accounts with $500 bonuses worth checking out:
- Chase Business Complete Banking®:
Up to $500 Bonus - Bluevine:
Free Business Checking - Earn $500 Bonus - M&T Tailored Business Checking Account:
$500 Bonus - Columbia Bank (WA):
Business Checking Account - $500 Bonus - KeyPoint Credit Union:
Business Checking Account - $500 Bonus - Independent Bank:
Business Checking Account - $500 Bonus - Fidelity Bank (PA):
Business Checking Account - $500 Bonus - Fulton Bank:
Business Checking Account - $500 Bonus - Banner Bank:
Business Checking Account - $500 Bonus - Central Bank:
Business Checking Account - $500 Bonus - First Commonwealth Bank:
Business Checking Account - $500 Bonus - North Shore Bank:
Business Checking Account - $500 Bonus - EagleBank:
Business Checking Account - $500 Bonus
Best $500 Business Checking Offers
These business checking accounts are currently offering a limited-time $500 bonus:
Chase Business Complete Banking® - Up to $500 Bonus
- Earn up to $500 when you open a new Chase Business Complete Checking® account. For new Chase business checking customers with qualifying activities.
- Get added features at no additional costs. Choose Chase Business Complete Banking® to get a fully integrated business solution that can help you control costs. Waive the $15 Monthly Service Fee in multiple ways like keeping a minimum $2,000 balance, plus use built-in offerings such as card acceptance, invoicing, Chase Customer Insights and Tap to Pay on iPhone at no additional cost.
- Bank with confidence. Feel confident knowing we have the largest branch network in the U.S. with 5,000 branches that provide personalized service and can help with your complex banking needs. You can also benefit from our account protection services, which provide safeguards by overseeing employee account activity, monitoring checks, and offering additional protection for your business.
- Access top-rated online business banking. Take advantage of our #1-ranked online small business banking platform with a comprehensive set of features designed for small business owners like you. Our tools enhance your ability to manage cash flow, accept and make payments, create invoices and plan for growth, so you can streamline processes and gain greater control of your finances.
Bluevine: Free Business Checking - Earn $500 Bonus
To earn the $500 bonus, customers must apply for a Bluevine Business Checking account anytime between now and 03/31/2026 using the referral code CD500.
After opening your account, deposit a total of $5,000 within the first 30 days. After 30 days, maintain a minimum daily balance of $5,000 while also completing at least one of the following eligibility requirements every 30 days for 90 days:
- Deposit at least $5,000 from eligible merchant services to your Bluevine account OR
- Make at least $5,000 of outbound payroll payments from your Bluevine account using eligible payroll providers OR
- Spend at least $2,000 on eligible transactions with your Bluevine Business Debit Mastercard® and/or Bluevine Business Cashback Mastercard®
Banking services provided by Coastal Community Bank, Member FDIC
M&T Tailored Business Checking Account - $500 Bonus
Open a new M&T Tailored Business checking account. Use promo code BD at account opening. Maintain an average ledger balance of $15,000 - $29,999.99 in the third full calendar month after opening the account.
Columbia Bank (WA): Business Checking Account - $500 Bonus
Open a new business checking account. Deposit $10,000 or more at account opening. Maintain a daily balance of at least $10,000 for 60 days after funded or an average daily balance of $15,000 for 60 days from account open date. Complete at least 5 qualifying transactions within 60 days of account opening. Enroll in online banking within 60 days of account opening.
KeyPoint Credit Union: Business Checking Account - $500 Bonus
Open a new eligible business checking account. Use promo code BUS25 at account opening. Maintain minimum average daily balance of $2,000 for 90 days following account opening date. Complete at least 20 POS purchases of $5 or more using your business debit card within 90 days of account opening.
Independent Bank: Business Checking Account - $500 Bonus
Open a new business checking account. Deposit $3,000 or more in new money into the account within 30 days of account opening. Maintain a minimum daily balance of $3,000 for 90 calendar days. Make 20 debit card transactions within 90 calendar days of account opening.
Fidelity Bank (PA): Business Checking Account - $500 Bonus
Open a new business checking account online. Sign up for business online banking and EZ statements. Maintain a minimum daily balance of $10,000 for 3 consecutive months.
Fulton Bank: Business Checking Account - $500 Bonus
Open a new business checking account. Use offer link when opening online or request coupon using your email address when opening in a financial center. Deposit $5,000 or more in new money within 60 days of account opening. Enroll in online banking within 60 days of account opening.
Banner Bank: Business Checking Account - $500 Bonus
Open a new business checking account. Use promo code 2026DP at account opening. Deposit $10,000 or more within 60 days of account opening. Maintain a minimum balance of $10,000 for 90 days.
Central Bank: Business Checking Account - $500 Bonus
Open a new eligible business checking account. Use promo code 500BB17 at account opening. Deposit at least $50 at account opening. Reach a balance of at least $3,000 within 90 days from account opening.
Other Business Checking Bonuses You May Like
The following bonuses might also work for you:
How to Get More Than $500 from Banks
Want more rewarding bonuses? See if you qualify for these business checking offers with even larger incentives.
U.S. Bank Platinum Business Checking - $1,200 Bonus
Promo code Q1AFL26 MUST be used when opening a U.S. Bank Business Essentials® or Platinum Business Checking account. Limit of one bonus per business. A $100 minimum deposit is required to open one of the referenced accounts.
To earn a business checking bonus, open a qualifying U.S. Bank business checking account between 1/15/2026 and 3/31/2026. Make the required deposit(s) in new money within 30 days of account opening, maintain the same required daily balance through the 60th day, and complete 6 qualifying transactions based on posted date within 60 days of account opening.
Platinum Business Checking: $1,200 bonus with $25,000 new money deposits, daily balance, and 6 qualifying transactions.
Qualifying transactions include debit card purchases, ACH and wire credits or debits, Zelle credits or debits, U.S. Bank Mobile Check Deposit, electronic or paper checks, Bill Pay (excluding payments made by credit card), and payment received via U.S. Bank Payment Solutions. Other transactions, such as person-to-person payments, credit card transfers, or transfers between U.S. Bank accounts, are not eligible.
New money is defined as funds from outside U.S. Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate. For accounts opened on non-business days, weekends or federal holidays, the open date is considered the next business day. Account fees may reduce the required daily balance during the qualifying period.
Bonus will be deposited into your new eligible U.S. Bank business checking account within 30 days after the month-end in which all offer requirements are met, provided the account remains open with a positive available balance.
Offer may not be combined with other business checking bonus offers. Existing businesses with a business checking account or had one closed within the past 12 months, do not qualify.
All regular account-opening procedures apply. For full checking account pricing, terms and policies, refer to your Business Pricing Information, Business Essentials Pricing Information, and YDAA disclosure. These documents are available at any U.S. Bank branch or by calling 800.872.2657.
Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. Current U.S. Bank employees are not eligible. U.S. Bank reserves the right to withdraw this offer at any time without notice.
Member FDIC
- Minimum Deposit to Open: $100
What Is A $500 Business Checking Bonus?
A $500 business checking bonus is a one-time reward given by a bank if you open a qualified business checking account.
You may need to meet criteria within a set period to earn it, like:
- Deposit a certain amount.
- Perform a number of transactions.
- Keep a minimum average ledger balance or hold a certain balance in your account.
The minimum opening deposit and balance in the eligible account are typically in the thousands. After all, $500 is no chump change.
Furthermore, you typically have to be a new account holder to qualify for bonuses. This usually means you haven't had an account with that bank for a certain period, often ranging from 6 to 12 months.
If you're going to open a business checking account anyway, and the bank is offering a bonus for doing things you'd normally do, it could be worth going for it—especially if the account also has other great features.
Why Banks Give Sign-Up Bonuses for Business Checking Accounts
Here are some reasons banks offer business checking account bonuses:
- Expand market reach.
Bonuses can entice businesses to open an account with them rather than with a competitor. - Build lasting relationships.
Account holders may also use other bank services, such as credit cards and loans. - Increase deposits and transactions.
Fulfilling minimum balance requirements or completing a specific number of transactions such as debit card purchases contribute to the bank's performance.
Ultimately, checking account bonuses can be a great way for the bank to get new customers and remain competitive. For you, there's that cash reward for opening a new account. It's a win-win.
The bank may issue an IRS Form 1099-INT by the end of January if you receive the bonus and any interest earnings from your account that meet the reporting threshold (typically $10 or more). But even if they don't, you're still required to report it on your tax return.
What Banks Offer $500 to open a Checking account?
Looking for personal checking as well? Check out these offers with $500 bonuses.
Bank of America Advantage Banking - Up to $500 Cash Offer
- The cash offer up to $500 is an online only offer and must be opened through the Bank of America promotional page.
- The offer is for new checking customers only.
- Offer expires 05/31/2026.
- To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days.
Cash Bonus Total Qualifying Direct Deposits $100 $2,000 $300 $5,000 $500 $10,000+ - If all requirements are met 90 days after account opening, Bank of America will attempt to deposit your bonus into your new eligible account within 60 days.
- Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
- Additional terms and conditions apply. See offer page for more details.
- *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
- Bank of America, N.A. Member FDIC.
KeyBank: Key Select Checking® - $500 Bonus
- Open a Key Select Checking® account online by May 22, 2026.
- Make the minimum opening deposit of $50 and make a total of $5,000 or more in eligible direct deposits within the first 90 days of account opening.
- Your $500 cash bonus will be deposited into your account within 60 days of meeting requirements. Account must not be closed at the time of gift payment.
CommunityAmerica Credit Union: Personal Checking Account - $500 Bonus
Open a new Cashback Free Checking or Chiefs Checking account. Use promo code STL500 at account opening. Set up and receive at least two qualifying direct deposits totaling $2,500 or more within 90 days of account opening. Enroll in CommunityAmerica online banking or the CommunityAmerica Mobile App.
Canyon View Credit Union: Personal Checking Account - Up to $500 Bonus
Open a new eligible checking account. Set up and receive qualifying direct deposits totaling $1,000 or more per month for 3 consecutive months. Complete 25 or more credit or debit card transactions of at least $5 per month for 3 consecutive months. Open a new auto loan or refinance an auto loan. Keep the account open and in good standing for 6 months.
St. Mary's Bank: Personal Checking and Savings Account - $500 Bonus
Open a new checking account. Use promo code GET500 at account opening. Set up and receive at least 2 recurring direct deposits totaling $1,000 or more into the checking account within 90 days of account opening.
Open a new savings account. Use promo code GET500 at account opening. Fund the new savings account with at least $2,000 in new money within 30 days of account opening. Establish a monthly recurring deposit of at least $25 within 30 days of account opening and maintain for six consecutive months. Maintain at least a $2,000 minimum average daily balance for six consecutive months.
Trustone Financial Federal Credit Union: Personal Checking Account - $500 Bonus
Open a new TruStone Checking account. Set up and receive qualifying direct deposit of at least $5,000 within 60 days of account opening. Enroll in e-statements.
Hyde Park Bank: Personal Checking Account - $500 Bonus
Open a new Total Access Checking, Access Plus Checking, or Premier Checking account. Use promo code Builder at account opening. Set up and receive qualifying direct deposits totaling $2,000 or more per month for 2 consecutive calendar months after the calendar month the new account was opened. Enroll in online banking and estatements.
Elgin State Bank: Personal Checking Account - $500 Bonus
Open a new Total Access Checking, Access Plus Checking, or Premier Checking account. Use promo code Builder at account opening. Set up and receive qualifying direct deposits totaling $2,000 or more per month for 2 consecutive calendar months after the calendar month the new account was opened. Enroll in online banking and estatements.
Wintrust Bank: Personal Checking Account - $500 Bonus
Open a new Total Access Checking, Access Plus Checking, or Premier Checking account. Use promo code Builder at account opening. Set up and receive qualifying direct deposits totaling $2,000 or more per month for 2 consecutive calendar months after the calendar month the new account was opened. Enroll in online banking and estatements.
Beverly Bank & Trust: Personal Checking Account - $500 Bonus
Open a new Total Access Checking, Access Plus Checking, or Premier Checking account. Use promo code Builder at account opening. Set up and receive qualifying direct deposits totaling $2,000 or more per month for 2 consecutive calendar months after the calendar month the new account was opened. Enroll in online banking and estatements.
Wheaton Bank & Trust Company: Personal Checking Account - $500 Bonus
Open a new Total Access Checking, Access Plus Checking, or Premier Checking account. Use promo code Builder at account opening. Set up and receive qualifying direct deposits totaling $2,000 or more per month for 2 consecutive calendar months after the calendar month the new account was opened. Enroll in online banking and estatements.
Town Bank: Personal Checking Account - $500 Bonus
Open a new Total Access Checking, Access Plus Checking, or Premier Checking account. Use promo code Builder at account opening. Set up and receive qualifying direct deposits totaling $2,000 or more per month for 2 consecutive calendar months after the calendar month the new account was opened. Enroll in online banking and estatements.
Citadel Credit Union: Personal Checking Account - $500 Bonus
Open a new checking account. Set up and receive a qualifying direct deposits totaling $2,000 or more within 90 days of account opening. Maintain a daily balance of $5,000 or more in your new checking account during days 61-90 after account opening.
Boeing Employees' Credit Union: Personal Checking and Savings Account - $500 Bonus
Open a new Member Advantage Savings and a Member Advantage Checking account with a debit card. Use promo code CKG500Q126 at account opening. Set up and receive direct deposits totaling $500 or more within the first 60 days of membership. Make at least 30 qualifying debit card purchases within the first 60 days of membership.
Banner Bank: Personal Checking Account - $500 Bonus
Open a new personal checking account. Use promo code 2026DP at account opening. Deposit $5,000 or more within 60 days of account opening. Maintain a minimum balance of $5,000 for 90 days.
Dedham Savings: Personal Checking Account - $500 Bonus
Open a new Free & Easy Checking account. Use promo code SELECT at account opening. Set up and receive direct deposits totaling $10,000 or more within 90 days of account opening. Complete at least 5 debit card or bill pay transactions totaling $100 within 90 days of account opening.
American Bank & Trust: Personal Checking Account - $500 Bonus
Open a new AB&T checking account. Set up and receive 2 qualifying direct deposits totaling at least $500 or more within 90 days of account opening. Complete 20 debit card transactions within 90 days of account opening. Enroll in eStatements.
Old National Bank: Business Checking Account - $500 Bonus
Open an Access Business Banking or Pro Access Banking Checking account. Deposit a total of $7,000 or more within 30 days of account opening. Maintain a balance of $7,000 or more in the account for days 31-90 after account opening. Enroll in Small Business Digital Banking and log in within 30 calendar days of account opening. Keep the account active and in good standing for 120 days.
Flagstar Bank: Personal Checking Account - $500 Bonus
Open a new Flagstar Elite Checking account. Maintain an average daily balance of at least $500 for the first 90 days after account opening. Set up and receive one or more direct deposits totaling at least $500 within 90 days of account opening.
- Bank of America Advantage Banking:
Up to $500 Cash Offer - HSBC Premier:
Earn Up to $7,000 - Wells Fargo Everyday Checking Account:
$325 Bonus - Chase Total Checking®:
$400 Bonus - KeyBank:
Key Select Checking® - $500 Bonus
How to Open a new Business Checking Account
To open a small business checking account, you will usually need the following information and documents:
- EIN or SSN
- Articles of organization for LLCs
- Partnership agreement for partnerships
- Articles of incorporation for corporations
- Business license
- Business tax ID
- Name, address, and state of business and business owners
Sole proprietors can usually apply for a business checking account online. Some online banks can even accommodate LLCs, partnerships, and corporations.
But if you're looking at a brick-and-mortar bank, you and any partners may need to sit down with a banker in person.
Bank churning refers to a strategy where an individual opens and closes a bank account after they receive their sign-up cash bonus. They will then go to another bank with a bonus offer and do the same.
How to Choose a Business Checking Account
While bank bonuses are quite attractive, don't forget to consider these factors when choosing the right business checking account.
- Type of bank
Large established banks often have a wide range of services, while credit unions may be better for local businesses that are looking for a community-focused banking experience. - Location
Unless you're OK with an online-only bank, in-person banking may be necessary for you. Especially if you expect to make over-the-counter transactions regularly. Availability of nearby ATMs is also ideal. - Fees and balance requirements
Some banks have monthly fees that could be waived if you keep a certain balance in the account. Others may charge for services like overdraft and cash deposits instead.
The minimum balance of a business checking account usually ranges from $500 to $5000 and varies by bank and business checking type.
- Transaction limits
Business checking accounts often come in variants based on the number of free electronic transactions you can make monthly, like deposits, withdrawals, and transfers. Choose one that has a realistic quota for you to avoid additional charges. - Financial tools
Aside from online and mobile banking, does the business checking account offer access to merchant services like payment processing and invoicing? This can streamline your transactions, saving you time and money. - Customer support
Ask friends for feedback and read reviews online. Better yet, call or visit the bank and see how their staff serves you.
Bottom Line
Scoring a $500 business checking bonus is a smart way to get extra cash while setting up your business banking.
When you do, your business will not only get a boost financially. You may also unlock features like low fees and access to merchant services that benefit your business.
Make sure to choose the account that best suits your needs.
Write to Penny Besana at feedback@creditdonkey.com. Follow us on Twitter and Facebook for our latest posts.
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