Update 7/5/26: Bonus used to be $500 per $7,000 deposit. Now it’s either $400-$800 for the $4,000-$20,000 deposit and maintenance period.
Added until 30.6.2026
Update 10/29/25: Now available in ND due to Bremer Bank acquisition
Offer at a glance
- Maximum bonus amount: 500 dollars
- Availability: IL, IN, KY, MI, MN & WI, In branch only
- Direct deposit required: No.
- Additional requirements: See below
- Hard/soft pull: Soft
- ChexSystems: Unknown
- Credit card financing: Up to $500, can be financed with American Express, Visa & Mastercard
- Monthly fees: ANY
- Early account closure fee: $25, 180 days
- Family boundary: ANY
- Expiration date: 30.9.2025
Offers
- Old National Bank offers a $400 bonus when you open a new business checking account and meet the following requirements:
- Deposit a total of $4,000 or more within 30 days of account opening
- Maintain a minimum balance of $4,000 for 31-90 days of account opening
- Log in to Small Business Digital Banking within 30 days of account opening
- $800 bonus when you meet the following requirements:
- Deposit a total of $20,000 or more within 30 days of account opening
- Maintain a minimum balance of $20,000 for 31-90 days of account opening
- Log in to Small Business Digital Banking within 30 days of account opening
Fine Press
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
Free Business Checking There are no monthly fees to worry about (available in all states except Wisconsin). Essential business checking account is required in Wisconsin, not sure if this has a monthly fee or not.
Early account termination fee
There is an early account termination fee of $25 if closed within 180 days.
Our verdict
It seems much easier than the previous business check bonuses from Old National (here & here). Think it’s worth doing, but unfortunately has to branch out. Added to best business check bonuses.
Hat tip to the reader Mike
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