Back for 2024, Seacoast Bank is offering small business owners $600 cash to open a Business Checking or Business Checking Plus account. Users used to have the option to go for $600 or $250; however, this iteration is just $600. To earn $600 you'll need to deposit $10,000+, maintain it for 90 days and also making 15 qualifying electronic transactions.
Premium Business accounts are also now eligible. If you'd like to try for a $200 bonus which requires less deposits, visit: https://www.seacoastbank.com/business-checking-bonus
How To Earn The Bonus
The Seacoast Business Checking promotion requires you to optionally, deposit and maintain a minimum balance, make purchases using the account's card and set up bill pay in order to earn the $600 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
- Offer may not be combined with any other checking bonus offers.
- Limit one bonus per business.
- All new Seacoast Business Checking account applications are subject to approval.
- Offer applies to Seacoast Business Checking products EXCLUDING Public Funds Checking.
- New Business Checking accounts will not qualify for the promotional bonus offer until all information required to open the account is provided.
- Business must have a current and active registration with the Florida Department of State.
- You are not eligible for this offer if you were an owner or signer on any Seacoast Bank Business Checking account in the last twelve (12) months.
- Individuals who have closed Seacoast Checking accounts in the last 12 months are not eligible for the new customer bonus.
- New Money is new funds deposited into your Seacoast Business Checking account that are not transfers from other Seacoast Bank deposit accounts or investment accounts. A transfer completed by ATM, online or teller, or transfer from a Seacoast account or Seacoast brokerage account is not considered New Money. A cash withdrawal from an existing Seacoast Bank account and a deposit into the new Seacoast Business Checking account is not considered New Money.
- Electronic payments include debit card purchases, online bill pay, outgoing automated clearinghouse (ACH) and outgoing wires.
Open a Business Checking account before the bonus expires on December 31, 2024
How does this business checking offer from Seacoast 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
- 29 days
- Requires
- Min Balance
- Card Spend (optional)
Axos
Business Interest Checking
- Bonus
- up to $400
- Account Type
- Business Checking
- Expires In
- 15 days
- Requires
- Min Balance
- Bill Pay
- Card Spend
Bank of America
Bank of America® Business Advantage Banking
- Bonus
- $200
- Account Type
- Business Checking
- Expires In
- 378 days
- Requires
- Min Balance
Why Seacoast Bank?
Business Checking
The Business Checking account from Seacoast Bank has no monthly fee (assuming you opt into eStatements) and no minimum balance requirements. You'll have access to 1,100 fee-free ATMs thanks to their partnership with Publix, online and mobile banking, and 150 free transactions each month.
Seacoast Bank also offers premium add-on services like remote deposit capture, lockbox services, account reconcilement services, and wire transfers.
Fees
Business Checking does charge a monthly maintenance fee of $3, but there are ways to get this waived:
- Opt to receive eStatements.
- OR, opt to not receive check images with your printed monthly statement.
Business Checking Plus
The Business Checking Plus account from Seacoast Bank includes all of the features from Business Checking except that the number of free transactions each month is increased from 150 to 600. You'll also receive a 50% discount on a safe deposit box.
The trade off is that the monthly fee is raised to $15, but that can be waived by maintaining a certain balance in your account, or by using your debit card 15 times each month.
Like their Business Checking account, Seacoast Bank offers premium add-on services for the Plus account like remote deposit capture, lockbox services, account reconcilement services, and wire transfers.
Fees
Business Checking Plus does charge a monthly maintenance fee of $15, but there are ways to get this waived:
- Maintain a $2,500 minimum daily balance.
- OR, maintain a $5,000 average monthly balance.
- OR, perform at least 15 debit card transactions (not including ATM transactions) each statement cycle.
Apply now for a Business Checking account to earn the $600 bonus offer
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