Update 6/7/26: Available again, this time $300-$1000. Hat tip to the reader snail
Update 10/19/25: Available again, no $500 tier. Hat tip to the reader Tikky
Offer at a glance
- Maximum bonus amount: 300 – 500 dollars
- Availability: TX only
- Direct deposit required: No.
- Additional requirements: See below
- Hard/soft pull: Gentle pull
- ChexSystems: Unknown
- Credit card financing: Up to $500
- Monthly fees: $12, avoidable
- Early account closure fee: $15 if closed within 90 days
- Family boundary: None listed
- Expiration date: None listed
Offers
- Broadway Bank is offering a business checking bonus of up to $500. The bonus is divided as follows:
- Open a new Advantage, Preferred or Essentials Business Checking account.
Deposit $2,000 or more in new money within 30 days of account opening. - Sign up for Business Online Banking1 and complete 10 qualifying transactions within 90 days of account opening.
- Maintain an average monthly balance of those listed below over the next 120 days to earn up to $500.
- Earnings will be deposited into your eligible Business Checking account within 90 days of meeting the requirements.
- Open a new Advantage, Preferred or Essentials Business Checking account.
Fine Press
- Account Requirements:
- Eligible accounts are qualifying Business Advantage Checking, Business Preferred Checking and Business Essentials Checking accounts.
Subject to approval. Other terms and conditions apply. - Eligibility Requirements:
- Offer is available for a maximum of one eligible Business Control account per Taxpayer Identification Number (TIN).
- Offer not available to existing businesses with Broadway Bank business checking accounts.
An eligible new Business Checking account is required and all other Broadway Bank accounts are excluded. - Excludes closed and reopened accounts, existing accounts, converted accounts and reused accounts.
- Broadway Bank employees are not eligible to participate in this incentive.
Offers are not cumulative, they are tiered offers with a maximum of $500. - Incentive requirements:
- Within 30 days of account opening, a cumulative deposit of at least $2,000 in new money is required to qualify for the incentive.
- The new money cannot be funds held by Broadway Bank.
- Average Monthly Balance is defined as the average balance accumulated over a monthly period within your eligible Business Checking Account.
- Within 90 days of account opening, must register for Business Online Banking and complete 10 qualifying transactions to qualify for the incentive.
- Qualifying transactions are debit card purchases, ACH transactions, checks and signature purchases at the point of sale, and online purchases.
- ATM withdrawals, cashier deposits and withdrawals, debit card wires and cash advances do not qualify for this promotion.
- Incentive payment:
- Within 90 days of meeting the incentive requirements, the winnings will be deposited into the new eligible Business Checking account.
- Qualifying accounts must be open and have a positive balance to receive earnings.
- The incentive payment may be subject to IRS reporting on Internal Revenue Service (IRS) Form 1099.
- This promotion is subject to change without notice and is subject to bank verification, eligibility and eligibility review.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
The Business Control Advantage has a monthly fee of $12. This is removed:
Early account termination fee
According to the fee schedule there is a $15 fee if closing within 90 days.
Our verdict
Only the $200 bonus is worth considering as you are losing significant interest at other levels compared to a 5%+ APY earning account (eg for $25,000 level you can earn ~$400 in interest only). The bottom tier is fine, though you’ll realistically need $3,000 there to avoid the monthly fee. It’s annoying that the retention period is so long, but we’ll add that our best bank bonus site.
Hats off to him Tikky
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