SouthState Bank Business Checking $400 Bonus

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SouthState Bank : Business Checking

$400

4.7

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 from SouthState (they have 6 eligible accounts!) using promo code SB400.
  2. Within 90 calendar days, make 15 or more posted and cleared debit card purchases OR make at least $5,000 ACH credits to the account.
  3. Bonus will be paid within 2 business days of the completion of the 90 calendar day qualifying period.

Available in Your Area?

No

Monthly Fees?

Varies

Open Online?

No

Credit Pull?

Unknown

Available primarily in the SouthEast, SouthState Bank is offering a $400 welcome bonus when you open a new business checking account and complete qualifying activities. Don't worry, they're not egregious! You'll have your choice of making debit card purchases or ACH deposits.

This is a very easy bonus to earn, and we haven't seen a business bonus from SouthState before, so we'd recommend jumping on this if you're in the market.

What's more? SouthState regularly offers a $200 personal checking bonus as well so you can open up both and earn some solid cash!

How To Earn The Bonus

The SouthState Bank Business Checking promotion requires you to optionally, deposit and maintain a minimum balance and make purchases using the account's card in order to earn the $400 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 is limited to one per business, cannot be combined with any other business checking or deposit offer, or reproduced, purchased, sold, transferred or traded.
  • At account opening, the business cannot have another SouthState business/commercial checking account, or have had a SouthState business/commercial checking account in the past 12 months.
  • Internal account transfers, mobile deposits, debit card deposits, and deposits made at a banking location or ATM do not qualify as an ACH Credit for purposes of this promotion.
  • Your account must be open with no changes to the product type (i.e. Small Business Checking, Business Gold Checking, Community Checking, Commercial Checking, etc.) at the time of payment.

How does this business checking offer from SouthState 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
$300
Account Type
Business Checking
Expires In
35 days
Requires
  • Min Balance
  • Card Spend (optional)

U.S. Bank

Business Checking

Bonus
up to $800
Account Type
Business Checking
Expires In
74 days
Requires
  • Min Balance
  • Bill Pay (optional)
  • Card Spend (optional)

Axos

Business Interest Checking

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

Why SouthState Bank?

SouthState has 160 physical branches located throughout Georgia, North Carolina, South Carolina and Virginia. They offer banking, loans, credit cards, and investment accounts that cover personal, business and commercial customers.

Overall, they're a convenient choice if you live near their branches, but they have a small footprint, no ATM network partners or reimbursements, and their mobile app has mixed reviews.

Small Business Checking

First 150 debits, credits or deposit items per statement cycle at no cost; $0.35 per item thereafter.

Fees

Small Business Checking does not charge a monthly maintenance fee.

Business Gold Checking

First 350 debits, credits & deposited items per statement cycle at no cost; $0.40 per item thereafter.

Fees

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

  • Maintain a $2,500 average daily balance in checking
  • OR, Maintain a $10,000 minimum daily balance in other combined deposits
  • OR, Maintain a $10,000 minimum daily balance in outstanding combined loan balances
  • OR, Have 15 posted and cleared SouthState debit card purchases/payments

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