Banks are always competition for your business - especially for business banking. That's why many offer new business bank account bonus offers to encourage you to switch!
Business banking is one of the most lucrative parts of banking. Banks value their business customers way more than their personal customers. That's why you'll typically see much higher business bank account promotions compared to personal banking offers.
If you're looking for an incentive offer to switch business banks accounts, see our list below!
Quick Summary
Here are the offers for business checking accounts:
Bank | Bonus | Expiration |
|---|---|---|
$600 | 1/31/2027 | |
Up to $500 | 10/15/2026 | |
$500 | 9/30/2026 | |
$200 | 1/31/2027 |
Best New Business Bank Account Offers And Promotions
The offers below are for business banking products. They are typically a bit higher than personal bonus banking offers given the nature of business banking.
$600 with AXOS Business Premium Savings And Basic Checking Bundle
Axos Business Premium Savings is an business savings account.
Right now, you can earn up to 3.60% APY on your money with the Axos Business Premium Savings account (which is better than most business savings accounts). The interest on this account is tiered, but all tiers are currently the same rate:
- $0 - $23,999.99: 3.60%
- $24,000.00 - $249,999.99: 3.60%
- $250,000.00 - $499,999.99: 3.60%
- $500,000.00 - $999,999.99: 3.60%
- $1,000,000+: 3.60%
There are also no minimum balance requirements and no monthly maintenance fees.
Plus, right now discover the Axos Business Bundle, combining flexible checking with high-yield savings and earn an exclusive bonus up to $600. Use promo code SBB600 by January 31, 2027 and complete the qualifying activities.
Get a $600 bonus offer!
Up To $500 With Chase Business Complete Banking®
The Chase Business Complete Banking® is one of the more popular business checking account options because Chase has a huge number of branches and great service. It isn't truly free unless you meet the minimum monthly requirements to make it so, but we list it as a top business checking account because it's available nationwide, has branches nearly everywhere, and is one of the most robust banking products out there currently. Plus, the minimum requirements are super easy to meet - check it out.
Plus, Chase is the largest bank in the nation. Given the changes in recent years, we think it's nice to have your funds at a nationwide bank versus a banking service.
Chase Business Complete Banking® has a $15 per month fee that's easily waived if you simply do the following in the month:
- Keep a minimum daily balance of $2,000 or more in your account
- Receive $2,000 in deposits from Quick Accepts transactions or other eligible Chase Payment Solutions transactions
- $2,000 in eligible purchases from your Chase Ink Business Card
- Maintain a linked Chase Private Client Checking℠, JPMorgan Classic Checking, Private Client Checking Plus account
- Meet Chase Military Banking requirements
Bonus: Right now, you can earn up to $500 when you open a new Chase Business Complete Checking® account. For new Chase business checking customers with qualifying activities.
Read our full Chase Bank Review here.
Earn up to a $500 bonus!
$500 with Bluevine
Bluevine has been a lender for small businesses for almost a decade, and it recently launched a business banking product that provides free business checking.
They offer free business checking with unlimited transactions per month. They also have no minimum balance requirements and free online statements.
Bonus Offer: Right now, you can earn a $500 sign up bonus with a new business checking account.
To earn the $500 bonus, customers must apply for a Bluevine Business Checking account anytime between now and 9/30/2026 using the referral code CA500. After opening the account, customers must add funds within 30 days, then meet at least one of the following eligibility requirements every 30 days for the next 90 days from account funding:
- Deposit at least $5,000 from eligible merchant services to your Bluevine account
- Make at least $5,000 of outbound payroll payments from your Bluevine account using eligible payroll providers
- Spend at least $2,000 with your Bluevine Business Debit Mastercard and/or Bluevine Business Cashback Mastercard
Read our full Bluevine Review here.
Earn a $500 bonus!
$200 with AXOS Basic Business Checking
AXOS is an online bank that focuses on simple business banking online. It's free, but it does have some higher requirements compared to other banks.
With AXOS, you get no monthly maintenance fees, no minimum deposit requirement, and unlimited domestic ATM fee reimbursements.
Their free tier comes with unlimited transactions (deposits, transfers, ACH, etc) per month. Plus, you also get 2 free domestic wires monthly.
Bonus: Right now, business owners can get up to a $200 welcome bonus when you open a new business checking account by January 31, 2027 and use the promo code START200 on your application.
Read our full Axos Bank review here.
Why I Like It: Free mobile business banking.
Learn more about AXOS Basic Business Checking.
Get a $200 bonus offer!
Why Businesses Need A Good Bank Account
Too many small business owners don't think much about their banking needs, especially when starting out. When you're an independent contractor, you don't need much from your bank - other than no fees. But as your business grows, and maybe you start an LLC or S-Corp, you might need more from your bank.
And banks realize this! Business banking is one of the more lucrative areas of banking - so banks fight hard for business customers. As your business grows and you need a new bank account, you want to see if there are any business bank promotions or new account offers that you can take advantage of.
You still want to make sure that you have a great bank account - no fees (or easily waived fees), an account that has the features you need, and a bank that's easy to work with. But all that being equal, take advantage of a solid business bank bonus offer if you can!
Tips To Make Sure You Secure Your Business Bank Account Offer
Once you have your eyes on a business bank promotional offer, you need to make sure you're checking the requirements so you can secure the best deal.
If you notice in the list above, most of these offers come with one or more requirements. Typically, new business bank promotional offers will require some variation of:
- Minimum balance requirement
- Minimum deposit requirement
- Minimum transaction requirement
- Some type of timeline requirement (i.e. 60 or 90 days)
The bottom line is, if you're going to go through the effort of trying to get a bank bonus offer, you might as well make sure you meet all the requirements. So keep track to make sure don't miss anything!
Final Thoughts
Getting a great new business bank account offer or promotion is nice, but don't base your entire business decision around that. You still want to open a business account at a bank that has low fees, offers the services you need, and is easy to work with.
If you're curious about some options, read these guides:
And don't forget our Guide To Opening A Small Business Bank Account.
Common Questions
Here are some common questions about business checking and savings account promotional offers.
What is the best bank for a business account?
The best bank for your business depends on what your needs are. In general, though, you should look for an account that offers minimal or no fees, offers easy deposit options, and more.
What banks are offering promotions for new accounts?
Currently, you can find promotional offers from U.S. Bank, Chase, Axos, and more.
Are there free business checking accounts?
Yes, there are lots of free business checking accounts. However, many free checking accounts are limited in features, so make sure you understand what you need and whether a free business checking account offers it.
How can I get the best business checking account offer?
To get a business checking account promotional offer, you simply apply and make sure you meet all the requirements. These requirements could include minimum balances, minimum transactions, and more. Also, make sure you're watching the timeline, as many banks require these requirements to be met within a certain period of time.
What are the benefits of having a separate business bank account?
Keeping your business banking separate from your personal banking is great for making sure that your bookkeeping, accounting, and taxes are all separate for your business and personal life. Furthermore, once you incorporate, your business is it's own entity, and needs to be treated as such.
Editor: Chris Muller Reviewed by: Richelle Hawley
Robert Farrington is the founder of The College Investor and is widely recognized as one of the nation’s leading voices on student loan debt and saving for college. He holds an MBA from UC San Diego Rady School of Management and has spent over 15 years researching, writing, and advising on student loans, 529 plans, financial aid programs, and saving and investing for young professionals.
Robert has been featured in the The New York Times, The Wall Street Journal, The Washington Post, NBC News, and Forbes, where he has been a regular personal finance contributor for over a decade. His work combines both professional expertise and personal experience – he successfully navigated his own student loan repayment journey and has helped thousands of readers do the same.
He is committed to making the intersection of personal finance and education transparent and accessible. You can learn more about Robert on the About Page or on his personal site RobertFarrington.com.