Offer at a glance
- Maximum bonus amount: 300-750 dollars
- Availability: NJ, NY & PA. There is no way to open online, so only in branch or in branch and online?
- Direct deposit required: ANY
- Additional requirements: Up to $15,000 for two full statement cycles
- Hard/soft pull: Gentle pull
- ChexSystems: Unknown
- Credit card financing: Up to $2,500. Visa or Mastercard only. Cash in branch likely / not possible to finance with a credit card
- Monthly fees: ANY
- Early account closure fee: $15, six months
- Family boundary: None listed
- Expiration date: June 30, 2026
Offers
- Provident Bank is offering a business checking bonus of up to $750. The bonus you receive depends on the amount of funds you hold for two full statement cycles:
- $750 Bonus: $15,000
- $500 Bonus: $10,000
- $300 Bonus: $5,000
Fine Press
- 2Offer available until June 30, 2026.
- To get $750 in bonus cash: open a new small business checking account and maintain an average balance of $15,000 or more for two full statement cycles.
- To get the $500 cash bonus: open a new small business checking account and maintain an average balance of $10,000 or more for two full statement cycles.
- To get $300 bonus cash: open a new small business checking account and maintain an average balance of $5,000 or more for two full statement cycles.
- To qualify for the cash bonus: (1.) the business entity (per tax identification number) cannot have maintained any Provident Bank business checking accounts in the 12 months prior to the opening date of the new Small Business Checking account; (2.) the account must be opened with new money (funds not already deposited in Provident Bank). T
- a $750, $500 or $300 cash bonus will be credited to your account within 120 days of account opening and eligibility requirements are met.
- This bonus offer is limited to one cash bonus per Small Business Checking account and tax identification number.
- Any other promotional offers appearing on third party websites not authorized by Provident Bank will not be honored.
- The value of bonus cash for eligible account holders may constitute taxable income to you.
- To facilitate tax reporting, Provident Bank will issue you the required IRS Form 1099-INT reflecting the bonus value as of December 31, 2026.
- This cash bonus offer can be withdrawn at any time and without notice.
- 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 no monthly fees to worry about.
Early account termination fee
According to this comment there is an early account termination fee of $15 if closed within 6 months.
Our verdict
The holding period is short, as far as I can see these accounts earn no or minimal interest. If you put $15,000 into a 5% account for two months, you’d make $125, you’d probably have to budget for more than three months to be sure, but that’s still a great return on funds and we’ll be adding it to our list of best business check bonus.
Hat tip to the reader snail
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