Broadway Bank is offering up to $400 for new business checking accounts with their “Bank Local” campaign, combining competitive rewards with the personal touch of a family-owned Texas institution.
This San Antonio-based bank has structured their bonus around two tiers, making it accessible for businesses of different sizes while rewarding larger account relationships with maximum payouts.
Want the best bank bonuses nationwide? Check out our top picks here—including huge offers from BMO, CIT Bank and Axos Bank that you won’t want to miss!
The $400 Bonus Structure
Two-Tier Reward System:
- $300 bonus: Maintain $2,000-$24,999 average monthly balance for 90 days
- $400 bonus: Maintain $25,000+ average monthly balance for 90 days
Additional Requirements:
- Use promo code BCPR at account opening
- Deposit $2,000+ in new money within 30 days
- Complete 10 qualifying transactions within 90 days
- Must be Texas-based business
Qualifying Transactions Include:
- Debit card purchases and online purchases
- ACH transactions and checks
- Signature point-of-sale purchases
- ATM withdrawals, wire transfers, and cash advances don’t count
The tiered structure rewards larger balances while still offering substantial value for smaller businesses.
TRENDING DEAL:
Disclaimers:
The Annual Percentage Yield (APY) is accurate as of 12/5/2025. The base and promotional interest rate and corresponding APY for Axos ONE® Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE® Savings is variable and is set at our discretion. Axos ONE® Savings is a tiered variable rate account. Axos ONE® Checking is a non-tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. After the accounts are opened, the amount of incentive earned will depend on meeting the additional requirements outlined below.The Axos ONE® Checking account will earn a base rate of 0.00% APY. The Axos ONE® Savings account will earn a base rate of up to 1.00% APY.Axos ONE® accounts are eligible to receive a promotional APY for each statement cycle where the promotional criteria are met during the Qualification Period. To receive the promotional APY on both Axos ONE® Checking and Axos ONE® Savings, the Axos ONE® Checking account must meet both of the requirements in either Option 1 or Option 2 below during the Qualification Period:Option 1Your Axos ONE® Checking account has received monthly qualifying direct deposits of at least $1,500 in total.The average daily balance of your Axos ONE® Checking account is at least $1,500.Option 2Your Axos ONE® Checking account has received monthly qualifying deposits of at least $5,000 in total.The average daily balance of your Axos ONE® Checking account is at least $5,000.If both of the requirements in either Option 1 or Option 2 above are met during the Qualification Period:The Axos ONE® Checking account will earn a promotional rate of 0.51% APY for the statement cycle in which the requirements are met.The Axos ONE® Savings account will earn a promotional rate of up to 4.31% APY for the statement cycle in which the requirements are met.The Qualification Period begins on the first business day of the month and runs through the 25th of the month. If the 25th of the month is followed by a non-business day, the average daily balance will be calculated including the following non-business day(s). Any qualifying deposits or qualifying direct deposits received after the 25th of the month will count toward the next Qualification Period. The Qualification Period for new accounts will begin on the day the account is approved. New accounts opened on or after the 25th of the month will be eligible to earn the promotional APY starting in the following month.A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, Disability, etc. International paychecks, international government benefits, other deposits (i.e., online banking transfers, ATM and mobile check deposits, etc.), or person-to-person payments are not considered a direct deposit.Qualifying deposits only include deposits from the following eligible sources: (i) ACH transfers from external accounts, (ii) inbound wire transfers from external accounts, (iii) check deposits. Qualifying deposits do not include: (i) transfers internal to the bank (i.e., transfers between an account holder’s Checking and/or Savings account), (ii) interest payments, (iii) promotional bonuses, (iv) credits, reversals, and refunds.Both accounts must be in an open and active status on the 25th of the month and on the date the interest is paid to receive the promotional APY for that statement cycle. If either account closes during the Qualification Period, neither account will be eligible to earn the promotional APY for that statement cycle. Account transactions may take one or more business days from the transaction date to post to the account. Show Less
Three Business Checking Options
Essentials Business Checking:
- $4 monthly maintenance fee
- First 150 items included ($0.50 each after)
- Designed for low-activity businesses
- Fee waived with active credit card processing account
Advantage Business Checking:
- $12 monthly maintenance fee
- First 300 items included ($0.35 each after)
- Fee waived with $3,000 daily minimum or $15,000 combined balance
- Alternative: active credit card processing account
Preferred Business Checking:
- $22 monthly maintenance fee
- First 500 items included ($0.25 each after)
- Fee waived with $10,000 daily minimum or $30,000 combined balance
- Interest option available, designed for high-activity businesses
All three accounts qualify for the same bonus structure, so choose based on your transaction volume and balance preferences.
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The Family-Owned Difference
Broadway Bank’s 75+ year history as a family-owned institution creates advantages that larger banks can’t match:
Local Decision-Making:
- Business bankers live in the communities they serve
- Faster loan approvals and flexible policies
- Personal relationships with staff who know your business
Community Investment:
- Deep roots in Texas business community
- Understanding of local economic conditions
- Commitment to supporting Texas business growth
Customer Testimonial:
Skytex Construction praised their experience: “The business bankers are local and live in our community. We know we can contact them every day if we need to, and they’ll always answer our questions.”
Texas-Only Limitation
This bonus is exclusively for Texas-based businesses, which significantly limits eligibility but provides advantages for qualifying companies:
Benefits of Geographic Focus:
- Specialized understanding of Texas business environment
- Local regulatory knowledge and compliance
- Network of Texas business relationships
- Investment in state economic development
Service Area:
While Texas-only, Broadway Bank has multiple locations throughout the state, providing accessibility for most Texas businesses.
Credit Card Processing Integration
Unique feature: monthly fees can be waived by maintaining an active credit card processing account through Broadway Bank’s partner. This creates potential value for businesses that process credit cards regularly, essentially eliminating checking account fees while earning the bonus.
Value Analysis
Maximum Bonus: $400 for businesses maintaining $25,000+ balances
Fee Avoidance: Up to $264 annually (Preferred account with fee waiver)
Total First-Year Value: $664+ for businesses using fee waiver strategies
The combination of bonus plus ongoing fee savings creates substantial value for qualifying Texas businesses.
Who This Works For
Ideal for:
- Texas-based businesses with $2,000+ monthly cash flow
- Companies seeking personal banking relationships
- Businesses that process credit cards (fee waiver opportunity)
- Organizations wanting local decision-making and flexibility
The family-owned structure and community focus make this particularly appealing for businesses that value personal relationships over purely transactional banking.
See the Best Checking & Savings Account Bonuses and Start Earning Free Cash Today
The Bottom Line
Broadway Bank’s $400 business checking bonus combines competitive rewards with the personal service advantages of family-owned banking. The two-tier structure accommodates different business sizes while the Texas-only focus ensures specialized local expertise.
For Texas businesses seeking more than just transactional banking, Broadway Bank offers the rare combination of competitive bonuses, reasonable fees, and genuine personal relationships. The 75+ year track record and family ownership provide stability that many newer institutions can’t match.
The credit card processing fee waiver option adds ongoing value beyond the promotional period, making this attractive for businesses that can utilize that feature.
Texas businesses only. Must use promo code BCPR. Account opening subject to approval. Bonus tiers not stackable. Maximum $400 per business.
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