(FL, MA, NJ, NY, VT, in branch?) Trustco Bank $350 Business Check Bonus

Update 5/9/26: New $350 bonus, requires branch opening and a $10,000 deposit, but significantly larger than the previous $150 and $200 offers. Hat tip to the reader snail

Update 3/12/22: The deal is back, this time it’s $150 instead of $200.

Offer at a glance

• Maximum bonus amount:150 dollars
• Availability:FL, MA, NJ, NY, VT, must be opened in branch (Branch finder)
• Direct deposit required:ANY
• Additional requirements:ANY
• Hard/soft pull:Soft
• ChexSystems: Unknown
• Credit card financing:Unknown
• Monthly fees:$10, possible
• Early account closure fee:$26 if closed within three months + you lose the bonus
• Family boundary:None listed
• Expiration date:July 31, 2019 September 14, 2019 30.4.2022

Offers

Direct link to the offer

• Trustco Bank offers a $350 bonus when you open a new business checking account. You must meet the following requirements:
  • Deposit a minimum of $10,000 not currently on deposit at Trustco Bank
  • Qualify by making 15 debit card purchases within the first 3 months and maintain a balance of $10,000 within the first 3 months

Fine Press

• Promotional offer valid from 3.6.19 to 31.07.19.
• To receive the $200, you must open a new Home City Business Checking Account.
• $50 minimum to open a home city business checking account.
• Bonuses will be paid within 30 days of account opening.
• All bank account bonuses are treated as income/interest and as such you must pay tax on them

Avoidance of fees

Monthly fees

This account has a monthly fee of $5, which is waived with a minimum balance of $500+ or ​​if your merchant services direct deposit repeats

Early account termination fee

If the account is closed within three months, you have to pay a fee of $26, you also lose the bonus (this is the EATF for the personal account, not sure if it’s the same for the business account)

Our verdict

There is also a personal $100 checking/$50 savings bonus. This business check bonus is much better as there are no requirements. It is not clear what kind of business documents are required. We will add this to our list the best checking account bonuses.

Hats off to him IS250

Useful posts about bank bonuses:

• A Beginner’s Guide to Bank Account Bonuses
• Bank Account Quick Reference Table (Calculated Sheet) (very useful for ranking bonuses according to different parameters)
• PSA: Don’t call the bank
• Login to ChexSystems
• Banks and credit unions that are sensitive to ChexSystems requirements
• What Banks and Credit Unions Do/Don’t Attract ChexSystems?
• How to use our direct deposit site for banking bonuses site
• Common Bonus Bank Misconceptions + Why You Should Give Them a Go
• How many bank accounts can I safely open in a year for the purposes of the bank bonus?
• Affiliate links and bank bonuses – We will not use them
• Complete list of ways to close bank accounts in each bank
• Banks that allow/disallow overseas check applications
• Bank bonus posting times

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