Offer at a glance
- Maximum bonus amount: 400 dollars
- Availability: Only in branches and Colorado and Idaho
- Direct deposit required:
- Additional requirements:
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card financing: Up to $1,000. Not sure if it is possible in the branch
- Monthly fees: $5, avoidable
- Early account closure fee: $10, 90 days
- Family boundary: None listed
- Expiration date: June 30, 2026
Offers
- First Interstate Bank offers a $400 bonus when you open a new business checking account and meet the following requirements:
- Use promo code 26GROW400 in branch
- Deposit $2,500 within 30 days and keep balance for 60 consecutive days
Fine Press
- To qualify for the business account promotion, the business cannot have an existing First Interstate Bank checking, savings or CD account, must not have had a business checking, savings or CD account within the past 90 days, and must not have received a bonus from First Interstate for opening a new business checking and/or savings account within the past 12 months.
- All account applications are subject to approval. Eligible accounts for this promotion include Classic Business Control, Enhanced Business Control and Analyzed Business Control accounts.
- To receive the bonus, you must open a First Interstate Bank business checking account using the bonus code, 26GROW400, with a minimum deposit of $100 at a participating branch between May 4, 2026 – June 30, 2026.
- In addition, within 30 days of opening the account, you must deposit $2,500 or more in new funds at First Interstate Bank (“New Money”) and maintain a balance of no less than $2,500 for 60 consecutive days beginning on the 31st day after opening the account (“Qualifying Period”). Any reduction of the “new money” balance below $2,500, including due to fees or service charges, will result in loss of bonus eligibility.
- Transfers from another account or first interstate loan, as well as deposits made through person-to-person networks (eg Zelle), are not eligible to meet the “new money” deposit and balance requirement for the bonus.
- Finally, your new account must remain open while we attempt to deposit the bonus and must have a balance greater than $0.00 at that time.
- If you meet all the qualifying criteria, the business checking bonus will be credited to your new business checking account within 45 days after the end of the Qualifying Period.
- This offer may be discontinued or changed at any time without notice.
- The bonus may be reported as earned income on IRS Form 1099-INT, 1099-MISC or 1042-S, as required by law, and the recipient is responsible for any applicable taxes.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
Classic business checking is easier to maintain with no fees. It has a monthly fee of $10, which is waived if any of the following is done:
- You maintain a minimum daily balance of $500 during the Statement Cycle
- You maintain a minimum daily balance of $5,000 in combined business deposit account balances
Early account termination fee
$10 if closed within 90 days (at least that’s what it was for the personal check bonus)
Our verdict
Not available in as many countries as the last personal bonus unfortunately, and must be opened in the branch. However, the requirements are easy to meet and worth doing if you live close enough to a branch. Will add it to best business check bonuses.
Hat tip to the reader Davis
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