Update 5/2/26: Bonus now up to $1000. Only $600 is worth considering as $400 requires trading/Treasury Management services. $200 for $50,000 is difficult as you need a large amount of liquid money, but it should only be on account day 90. Tip to the reader kiwi
Offer at a glance
- Maximum bonus amount: 400 dollars
- Availability: GA, NC, SC, VA, FL, AL, TX, CO, TN
- Direct deposit required: No.
- Additional requirements: See below
- Hard/soft pull: Gentle pull
- ChexSystems: yes
- Credit card financing: Up to $250
- Monthly fees: ANY
- Early account closure fee: $25, 90 days
- Family boundary: ANY
- Expiration date: ANY
Offers
- SouthState Bank offers a $400 bonus when you open a new business checking account and meet the following requirements:
- Use promo code LEVELUP
- Complete one of the following:
- Make at least 15 debit card purchases/payments, OR
- Have cumulative ACH credits of at least $5,000.
- You can get another $600:
- Get an additional $200 with $50,000 or more in your new business checking account at the end of the 90-day qualifying period
- Get an extra $200 plus simplify and secure your business cash flow operations when you sign up for Southern State’s Treasury Management service
- Earn an additional $200 when you choose one of our industry-leading payment device options through Southern State Merchant Services and process $200 in transactions to your new business checking account
Fine Press
- Promotional offer applies to new business checking accounts (excluding IOTA/IOLTA and Association Checking) opened during the promotional period with promo code SB400. To open an account at a branch location, a minimum deposit of $50 is required. Location and type of business restrictions may apply and offer not available to employees of SouthState Bank, NA or its affiliates. Offer is limited to one per business, may not be combined with any other checking or business deposit offer, or reproduced, purchased, sold, transferred or traded. SouthState reserves the right to modify or discontinue the offer at any time without notice.
- Eligibility and Qualifications: To receive the $400 bonus, you must meet the following criteria:
At account opening, the business cannot have another business/commercial checking account in the Southern State, or have had a business/commercial checking account in the Southern State in the past 12 months. - Within 90 calendar days of the account opening date or the next business day if opened on a non-business day, you must have:
- – 15 or more debit card purchases/payments posted and cleared from the account; OR
- – Cumulative ACH credits of at least $5,000. (Note: Domestic account transfers, mobile deposits, debit card deposits, and deposits made at a bank location or ATM do not qualify as an ACH credit for purposes of this promotion.
- Eligibility and Qualifications: To receive the $400 bonus, you must meet the following criteria:
- Your account must be open with no changes to product type (eg Small Business Checking, Gold Business Checking, Community Checking, Commercial Checking, etc.) at the time of payment.
- Promotional Bonus Payment: If you meet all of the eligibility and qualifications above, we will post the $400 bonus to your account within 2 business days of the end of the 90 calendar day qualifying period. The bonus will be reported to the relevant tax authorities as required by law or regulation.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
The small business checking account has no monthly fees.
Early account termination fee
Our verdict
There is also one $200 personal check bonus also that does not require a direct deposit. Definitely worth doing, but I’m not sure what business documents are required.
Hat tip to the reader TOOL
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