Union Savings Bank Basic Business Checking $250 Bonus

This offer is expired and may no longer be available. Check out current offers from Union Savings Bank or all available offers instead.

Union Savings Bank : Basic Business Checking

Bonus Amount
$250
Account Type
Business Checking
Available In Your Area?
No
Offer Expired On
November 20, 2021
Bonus Requirements
  1. Open a new Basic Business Checking account in-branch.
  2. Within 30 days, deposit $2,500 and then maintain that balance for 90 days starting on the 31st day after account opening.
  3. Within that same 90 days, complete 10 qualifying electronic transactions.
  4. Bonus will be credited to your new checking account between March 1, 2022 and May 1, 2022.
Other Details
Hard Credit Pull?
Open Online?
Save for later
Share with a friend

Union Savings Bank is offering a $250 bonus for opening a new Basic Business Checking account.

To qualify, you'll need to both maintain a $2,500 balance and complete 10 qualifying transactions. The qualifying transactions include anything from debit card purchases, mobile check deposits, ACH credits or debits, wire transfers, or bill payments – so, a pretty easy requirement to hit.

All said, this seems like a solid offer for a free business checking account. So if you're a small business owner in Connecticut, check it out.

Tip: If your company has outgrown the Basic Business Checking account and you're able to maintain a higher balance, Union Savings Bank is also offering a $500 bonus for their premium business accounts.

How To Earn The Bonus

The Union Savings Bank Basic Business Checking promotion requires you to deposit and maintain a minimum balance, and optionally, set up direct deposits, make purchases using the account's card and set up bill pay in order to earn the $250 bonus. Full requirements to receive this bonus are:

  1. Open a new Basic Business Checking account in-branch.
  2. Within 30 days, deposit $2,500 and then maintain that balance for 90 days starting on the 31st day after account opening.
  3. Within that same 90 days, complete 10 qualifying electronic transactions.
  4. Bonus will be credited to your new checking account between March 1, 2022 and May 1, 2022.

The fine print

  • Qualifying electronic transactions include debit card purchases, mobile deposits, ACH (credits or debits), wire transfers (debit or credits) and online bill payments.
  • In order to be eligible, neither the business nor any of the authorized signers on the account may have an existing USB business checking account.
  • Limit one bonus per business and authorized signer.
  • Promotion may be canceled without notice.
  • Account must be open and in good standing to receive bonus.

Why Union Savings Bank?

Basic Business Checking

Basic Business Checking is the entry-level business checking account from Union Savings Bank. It includes 75 debit and credit transactions each month (transactions are everything from checks, ACH withdrawals including bill payments, point of sale, transfers, deposits, etc). After that, additional transactions are $0.50 each.

Fees

Basic Business Checking does charge a monthly fee of $7.5, but there are ways to get this waived:

  • Maintain a daily balance of $500