Bank Promotions for Small Business in Washington: August 2026
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Washington has no state income tax, so business bank bonuses go further. Compare the best checking promotions for Washington businesses.
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Washington State has a dynamic banking market driven by the Seattle-Tacoma metro area.
Chase, Bank of America, Wells Fargo, and U.S. Bank all maintain extensive branch networks across the state.
Washington Federal, Banner Bank, and Columbia Banking System are prominent Pacific Northwest regional banks. BECU, a large credit union headquartered in Tukwila, also serves a significant share of Washington's small business community.
Here are some of the best business bank offers in Washington:
- Chase Business Complete Banking®:
Up to $500 Bonus - Bank of America® Business Advantage Banking:
$400 or $750 Cash Bonus Offer - BMO:
Business Checking Account - $1,500 Bonus - Wells Fargo:
Business Checking Account - $825 Bonus - U.S. Bank Platinum Business Checking:
$1,200 Bonus - KeyBank:
Business Checking Account - $500 Bonus - Red Canoe Credit Union:
Business Checking Account - $250 Bonus - Hanmi Bank:
Business Checking Account - $2,000 Bonus - Banner Bank:
Business Checking and Savings Account - $1,000 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.
- 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
- 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 online banking for small businesses. Take advantage of our digital 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.
- More small business owners choose Chase than any other bank
- The #1 choice for small business banking.
Washington Business Bank Promotions
These promotions are from regional banks and credit unions based in Washington. Washington has a strong credit union sector and several well-established community banks that offer competitive terms for small business owners.
In the Seattle-Tacoma metro area, Chase, Bank of America, Wells Fargo, and U.S. Bank have the widest branch coverage. Banks in the Puget Sound region occasionally send targeted mailers with enhanced bonus offers, especially in competitive areas like Bellevue, Redmond, and the Eastside tech corridor.
For businesses in Spokane, the Tri-Cities, Olympia, and other areas of central and eastern Washington, Banner Bank, Washington Federal, and local credit unions are notable options alongside the national banks.
Bank of America® Business Advantage Banking - $400 or $750 Cash Bonus Offer
- The $400 or $750 cash bonus offer is an online only offer and must be opened through the Bank of America promotional page.
- The offer is for new eligible business checking customers only.
- Offer expires 12/31/2026.
- To qualify, open a new Business Advantage Relationship Banking or Business Advantage Fundamentals™ Banking account through the promotional page and deposit New Money* directly into that new eligible account within thirty (30) days of account opening (“Deposit Period”). At the
end of the Deposit Period, all New Money deposits made directly into new eligible Business Advantage Banking account will be totaled to determine which Balance Requirement you have met and which corresponding Cash Bonus Tier you
are eligible for.
Balance Requirement Cash Bonus Tier $5,000 $400 $15,000 $750 - Maintain a daily balance in that new Business Advantage Banking account that meets the applicable Balance Requirement during the Maintenance Period**
- After you satisfy all of the requirements, Bank of America will attempt to deposit your earned bonus directly into your new eligible Bank of America Business Advantage Banking account within 60 days.
- Additional terms and conditions apply. See offer page for more details.
- *New Money is new funds deposited into your Business Advantage Banking account that are not transfers from other Bank of America accounts or Merrill investment accounts.
- ** The Maintenance Period begins thirty-one (31) calendar days after account opening and ends ninety (90) calendar days after account opening.
- Bank of America, N.A. Member FDIC
BMO: Business Checking Account - $1,500 Bonus
Open a new BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account online or at a branch. Account balance must be $100,000 or more on the 30th day after account opening. Balance in the account must be $100,000 or more from the 31st to the 90th day after opening the account.
BMO: Business Checking Account - $1,000 Bonus
Open a new BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account online or at a branch. Account balance must be $50,000 or more on the 30th day after account opening. Balance in the account must be $50,000 or more from the 31st to the 90th day after opening the account.
BMO: Business Checking Account - $750 Bonus
Open a new BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account online or at a branch. Account balance must be $25,000 or more on the 30th day after account opening. Balance in the account must be $25,000 or more from the 31st to the 90th day after opening the account.
BMO: Business Checking Account - $400 Bonus
Open a new BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account online or at a branch. Account balance must be $4,000 or more on the 30th day after account opening. Balance in the account must be $4,000 or more from the 31st to the 90th day after opening the account.
Wells Fargo: Business Checking Account - $825 Bonus
Open a new Wells Fargo Initiate Business Checking®, Navigate Business Checking®, or Optimize Business Checking® account. Use promo code at account opening. Promo code can be obtained by providing your email address. Make a deposit of $25,000 or more by day 30 and maintain a minimum daily collected balance of $25,000 through day 60 after account opening.
The information for Business Checking Account has been collected independently by CreditDonkey. The details on this page have not been reviewed or provided by the bank.
Wells Fargo: Business Checking Account - $550 Bonus
Open a new Wells Fargo Initiate Business Checking®, Navigate Business Checking®, or Optimize Business Checking® account. Use promo code at account opening. Promo code can be obtained by providing your email address. Make a deposit of $10,000 or more by day 30 and maintain a minimum daily collected balance of $10,000 through day 60 after account opening.
The information for Business Checking Account has been collected independently by CreditDonkey. The details on this page have not been reviewed or provided by the bank.
Wells Fargo: Business Checking Account - $400 Bonus
Open a new Wells Fargo Initiate Business Checking®, Navigate Business Checking®, or Optimize Business Checking® account. Use promo code at account opening. Promo code can be obtained by providing your email address. Make a deposit of $2,500 or more by day 30 and maintain a minimum daily collected balance of $2,500 through day 60 after account opening.
The information for Business Checking Account has been collected independently by CreditDonkey. The details on this page have not been reviewed or provided by the bank.
U.S. Bank Platinum Business Checking - $1,200 Bonus
Open a new U.S. Bank U.S. Bank Platinum Business Checking account. Use promo code Q3AFL26 at account opening. Deposit at least $25,000 in new money within 30 days of opening your new Platinum Business Checking Package. You must maintain at least $25,000 balance for 60 days after account opening and complete six qualifying transactions within 60 days.
The information for U.S. Bank Platinum Business Checking has been collected independently by CreditDonkey. The details on this page have not been reviewed or provided by the bank.
U.S. Bank Business Essentials - $400 Bonus
Open a new U.S. Bank U.S. Bank Business Essentials® Checking account. Use promo code Q3AFL26 at account opening. Deposit at least $5,000 in new money within 30 days of opening your new Business Essentials account. You must maintain a $5,000 balance for 60 days after account opening and complete six qualifying transactions within 60 days.
The information for U.S. Bank Business Essentials has been collected independently by CreditDonkey. The details on this page have not been reviewed or provided by the bank.
KeyBank: Business Checking Account - $500 Bonus
Open a new KeyBank Basic Business Checking or Key Business Reward Checking account. Deposit a minimum of $25 at account opening. Make a total of $5,000 or more in deposits into your new qualifying checking account within 30 days of account opening. Maintain a balance of at least $5,000 for at least 90 consecutive days.
You must have received a personalized $500 Business Banking promotional offer letter directly from KeyBank to be eligible for this offer. This offer has been collected independently by CreditDonkey. The details on this page have not been reviewed or provided by KeyBank.
KeyBank: Business Checking Account - $1,000 Bonus
Open a new Key Business Reward Checking® account. Make a total of $25,000 or more in deposits into your new qualifying checking account within 30 days of account opening. Maintain a balance of at least $25,000 for at least 90 consecutive days.
This offer has been collected independently by CreditDonkey. The details on this page have not been reviewed or provided by KeyBank.
Red Canoe Credit Union: Business Checking Account - $250 Bonus
Open a new business checking account. Complete one qualifying transaction within 45 days of account opening. Enroll in eStatements.
Hanmi Bank: Business Checking Account - $2,000 Bonus
Open a new business checking account. Enroll in uChoose Rewards within 30 days of account opening. Earn 200,000 uChoose Rewards® points when you maintain a 3-month average daily balance of $100,000 for the first three full months to qualify for the bonus points. Cash value of 100 uChoose Rewards® points is $1.
Hanmi Bank: Business Checking Account - $1,000 Bonus
Open a new business checking account. Enroll in uChoose Rewards within 30 days of account opening. Earn 100,000 uChoose Rewards® points when you maintain a 3-month average daily balance of $50,000 for the first three full months to qualify for the bonus points. Cash value of 100 uChoose Rewards® points is $1.
Banner Bank: Business Checking and Savings Account - $1,000 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.
Open a new Business High Yield Relationship Savings account. Use promo code 2026DP at account opening. Deposit $25,000 or more within 60 days of account opening. Maintain a minimum balance of $25,000 for 90 days.
Banner Bank: Business Checking and Savings Account - $750 Bonus
Open a new business 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.
Open a new Business High Yield Relationship Savings account. Use promo code 2026DP at account opening. Deposit $25,000 or more within 60 days of account opening. Maintain a minimum balance of $25,000 for 90 days.
Banner Bank: Business Checking and Savings Account - $750 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.
Open a new business savings or money market 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.
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.
Banner Bank: Business Checking and Savings Account - $500 Bonus
Open a new business 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.
Open a new business savings or money market 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.
Banner Bank: Business Checking Account - $250 Bonus
Open a new business 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.
U.S. Bank Basic Business Savings Account - $300 Bonus
Open a new U.S. Bank Basic Business Savings account. Use promo code Q3SAV26 at account opening. Make deposits totaling $10,000 or more in new money within 30 days of account opening and maintain a minimum daily balance of at least $10,000 until the 60th day after account opening.
The information for U.S. Bank Basic Business Savings Account has been collected independently by CreditDonkey. The details on this page have not been reviewed or provided by the bank.
Nationwide Business Bank Promotions
These offers from national banks are available to Washington business owners statewide. National banks offer extensive branch and ATM networks across Washington and throughout the country, which may be useful for businesses that operate across state lines, though they often have higher fees or stricter account requirements than local community banks.
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.
- 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
- 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 online banking for small businesses. Take advantage of our digital 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.
- More small business owners choose Chase than any other bank
- The #1 choice for small business banking.
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 09/30/2026 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
Frequently Asked Questions
Are business bank promotions in Washington taxable?
Yes. Business bank promotions in Washington are generally taxable at the federal level. Washington State does not have a state income tax. However, bank bonuses earned through business checking promotions are still considered taxable income at the federal level. Washington does impose a Business & Occupation (B&O) tax on gross receipts. Check with a tax professional and the Washington Department of Revenue for guidance specific to your situation.
What do I need to open a business bank account in Washington?
Most banks require your EIN or Social Security number, a government-issued photo ID, and your business formation documents. If your business is registered with the state, you can verify your filings through the Washington Secretary of State. Exact documentation requirements vary by bank, so confirm directly before visiting a branch.
How do business bank promotions typically work in Washington?
Banks usually require you to open a qualifying business checking account, make a minimum opening deposit, and complete specific activities — such as maintaining a balance or making a number of debit transactions — within a set timeframe. The bonus is then deposited into your account. Always read the full terms and conditions, as requirements and timelines differ between banks.
Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.
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