Independent Bank Business Checking up to $500 Bonus

Independent Bank logo

Independent Bank : Business Checking

up to $500

3.7

BankBonus.com score

Availability

Ease

Amount

Fees

Offer Expires In

Limited Time Offer

How To Earn The Bonus

  1. Open a new business checking account in-branch.
  2. Within 30 days, deposit at least $3,000 and maintain at least $3,000 minimum balance for 90 days, earn $250.
  3. Within the first 90 days, use your debit card at least 20 times, earn $250.
  4. Bonus will be paid out within 120 calendar days of qualification for each individual bonus.

Available in Your Area?

No

Monthly Fees?

Varies

Open Online?

No

Credit Pull?

Unknown

Independent Bank logo

Learn More

at Independent Bank

Independent Bank is offering up to $500 to business customers who open a new business checking account. This is a tiered bonus, allowing you to earn more by completing multiple actions.

Tip: Independent Bank also offers $50 for every friend/business you refer to the bank, up to $500. So you can potentially earn a lot more!

How To Earn The Bonus

The Independent Bank Business Checking promotion requires you to complete the following in order to earn the up to $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

  • Valid for new checking account customers only.

How does this business checking offer from Independent Bank 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
up to $500
Account Type
Business Checking
Expires In
78 days
Requires
  • Min Balance
  • Card Spend (optional)

Axos

Business Interest Checking

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

U.S. Bank

Business Checking

Bonus
up to $1000
Account Type
Business Checking
Expires In
62 days
Requires
  • Min Balance
  • Bill Pay (optional)
  • Card Spend (optional)

Why Independent Bank?

EagleAdvantage Checking

EagleAdvantage Checking from Independent Bank is their top-tier business checking solution that is designed for high-volume businesses.

You'll pay for most transactions, but this account is unique in that it allows the opportunity for an "earnings credit" that is based on the investable balance in the account, which can be used to offset fees.

Fees

EagleAdvantage Checking does charge a monthly maintenance fee of $15.

While you may not be able to avoid this fee, it can be reduced by doing the following:

  • Can offset with earnings credits

BusinessFlex Checking

BusinessFlex Checking from Independent Bank is their mid-level business checking account and their only business checking account that earns interest. At this level, you'll start to pay for deposits and payments made: Checks paid/debits: $0.25 per item, Deposits/credits: $0.50 per item, Deposited items: $0.15 per item. Cash deposits incur fees of $1.00 per $1,000

Fees

BusinessFlex Checking does charge a monthly maintenance fee of $15, but there are ways to get this waived:

  • Maintain an average daily balance of $25,000+

Business ONE Checking

Business ONE Checking from Independent Bank is their entry-level business checking account designed for small businesses, sole props and non-profits.

It's fee free and you'll get the first 500 items free each month then $0.50 per additional item. You can also deposit up to $25,000 in coin/cash each month fee-free, then it's tiered starting at $1.50 per $1,000.

Fees

Business ONE Checking does not charge a monthly maintenance fee.

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