Central Bank of the Midwest Business Checking $500 Bonus

Central Bank of the Midwest logo

Central Bank of the Midwest : Business Checking

$500

4.6

BankBonus.com score

Availability

Ease

Amount

Fees

Expert Take

It doesn't get much easier than this. A relatively high bonus for a relatively low balance requirement. We recommend jumping on this offer if you're looking for a new business checking account.

Offer Expires In

How To Earn The Bonus

  1. Open any business checking account using offer code 500BB9
  2. At day 90 day from account opening, have a balance of at least $3,000.
  3. Bonus will be deposited into your account

Available in Your Area?

No

Monthly Fees?

No

Open Online?

Yes

Credit Pull?

Unknown

Central Bank of the Midwest logo

Apply Now

at Central Bank of the Midwest

Available in select midwestern states, Central Bank of the Midwest is offering a $500 welcome bonus when you open a new business checking account and maintain a minimum balance. Don't worry, the amount required isn't absurd like some other offers -- $3,000 is enough to score this $500 bonus...a pretty good ROI if you ask us!

How To Earn The Bonus

The Central Bank of the Midwest Business Checking promotion requires you to deposit and maintain a minimum balance in order to earn the $500 bonus (step-by-step breakdown is listed above!).

As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.

The fine print

Please refer to the institution's website for any terms and conditions that may apply.

How does this business checking offer from Central Bank of the Midwest compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

Chase

Chase Business Complete Checking®

Bonus
$300
Account Type
Business Checking
Expires In
93 days
Requires
  • Min Balance
  • Card Spend (optional)

U.S. Bank

Business Checking

Bonus
up to $900
Account Type
Business Checking
Expires In
92 days
Requires
  • Min Balance
  • Bill Pay (optional)
  • Card Spend (optional)

Axos

Business Interest Checking

Bonus
up to $400
Account Type
Business Checking
Expires In
16 days
Requires
  • Min Balance
  • Bill Pay
  • Card Spend

Why Central Bank of the Midwest?

Central Bank is headquartered in Lees Summit, MO and is the 8th largest bank in the state. Established in 1985, the bank has grown to 57 locations across Kansas and Missouri. Central Bank has an A+ health rating, with $2 billion in assets and deposits totaling $1 billion.

On average, Central Bank of the Midwest charges low fees compared to national averages, but also doesn't offer competitive returns for their savings products. So, if you're looking for a checking account that won't nickel and dime you, great! But if you're shopping for CDs, savings accounts, or MMAs, probably keep looking.

Small Business Checking

Small Business Checking is a basic business checking account that comes with up to 100 free combined paper and electronic transactions.

Fees

Small Business Checking does not charge a monthly maintenance fee.

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