Banner Bank is offering a combo business checking and savings deal. Earn up to a $400 cash bonus for opening new accounts and meeting deposit requirements.
See the Posts History below for all offers from this institution.
Banner Bank Up To $400 Business Checking & Savings Or Money Market
- What you’ll get: Up To $400
- Where it’s available: CA, ID, OR, WA
- How to earn it: Banner Bank is offering a $300 business checking bonus & $100 business savings bonus.
- $300 bonus when you open a qualifying business checking account:
- 1) Open a new Banner Bank Basic Checking, Complete Business Checking (with or without interest) or Complete Plus Business Checking account, which requires a minimum opening deposit of $100, AND;
- 2) Deposit a total of $2,000 or more in new money (not held at Banner Bank) into your new checking account within 60 days of account opening; AND
- 3) Maintain at least a $2,000 minimum daily balance for an additional 60 days.
- $100 bonus when you open a qualifying business savings account:
- 1) Open a Banner Bank Business Savings, Business Money Market or Banner’s Best Business Savings account, which requires a minimum opening deposit of $100, at the same time your Banner Bank business checking account is opened; AND
- 2) Deposit a total of $1,000 or more in new money within 60 days of account opening; AND 3) Maintain a $1,000 minimum daily balance for an additional 60 days.
- $300 bonus when you open a qualifying business checking account:
- When it expires: 6/30/23
READ MORE: WELCOME OFFERS FROM CHASE, AXOS, BANK OF AMERICA, TD BANK AND U.S. BANK.
Waive The Monthly Fee
- Basic Business Checking – $10 monthly service fee waived with $800 minimum daily balance; or $2,500 average monthly balance; or $5,000 average daily checking/savings relationship deposit balance
- Complete Business Checking – $18 monthly service charge waived with $5,000 minimum daily balance; or $10,000 average monthly balance; or $20,000 average daily checking/savings relationship deposit balance
- Complete Plus Business Checking – $75 monthly service charge waived with $75,000 minimum daily balance
Fine Print
- To receive the offer, you must open your account online at bannerbank.com or at a Banner Bank branch and use the promo code at account opening that was provided to you by Banner Bank.
- Banner Bank is not responsible for, and will not honor, promotional offers that appear on non-Banner Bank websites or that are not authorized by Banner Bank. Standard account opening requirements apply.
- You can receive only one bonus per business entity with a unique tax ID.
- Offer is not available to existing business entities with tax ID already on file with Banner Bank.
- Offer also not available for local, state or Federal Government entities or agencies, Not for Profit organizations, Political Action Committees, or those with campaign accounts, or whose accounts have been closed within 90 days or closed with a negative balance within the last 3 years .
- Employees of Banner Bank, its affiliates and subsidiaries are not eligible for this offer.
- Offer is available to businesses with addresses in OR, WA, CA or ID only.
- Offer is subject to change without notice and may not be combined with any
- Minimum balance of $100 at account opening is required for business checking, savings and money market accounts.
- Deposits are subject to verification and not available for immediate withdrawal. Deposit limits and other restrictions apply.
- Account Closing: Business checking, savings or money market account must be in an open status and in good standing at the time of payout.
- If the business checking, savings or money market account is closed within six months of account opening and after bonus payment, we will deduct the bonus amount at closing.
- Bonus is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
- Please consult your tax advisers concerning the reporting to Internal Revenue Service of bonus payments as interest on accounts.
Bottom Line
Good deal for businesses within their service area.
Posts History:
- Banner Bank Up To $200 Checking & Savings Promotion [CA, ID, OR, UT, WA] – Ends 6/30/2023
- Banner Bank $100 Checking Bonus [CA, ID, OR, UT, WA] – Ended
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.