California Bank & Trust (CBT) Bonus: $250 Business Checking Offer [CA] – Ends 12/31/23

California Bank & Trust offers a $250 bonus for opening a qualifying business checking account with a $10,000 deposit, maintaining that balance for the first 90 days, and completing at least five qualifying transactions within the same period.

• Update 9/11/23: The offer is back through 12/31/2023.

California Bank & Trust $250 Business Checking Bonus

Earn a $250 bonus with a new Business Checking account with this offer.

• You’ll have to deposit at least $10,000 when opening the account.
• Keep that $10,000 balance for the first 90 days.
• During the same 90 days, make sure to complete at least five qualifying transactions.
• Qualifying transactions include Mobile Remote Deposit, Remote Deposit Capture, debit card purchases, ACH credits, or wire transfers (credit or debit).

Fine Print

• All tax liabilities, if any, associated with the benefits are the responsibility of the recipient, and the recipient may receive an IRS interest tax reporting statement that includes the retail value of the benefits.
• Offer is not available to existing CB&T business checking customers, public agencies, Political Action Committees, fiduciary accounts or campaign accounts.
• Offer subject to change at any time. Mobile Banking requires enrollment in online banking.

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.

My Impression Of This Offer

This offer from California Bank & Trust is a pretty appealing deal. Essentially, they’re offering a $250 bonus in exchange for depositing $10,000 and maintaining that balance for 90 days (though to avoid monthly fees and an early account termination fee, you’ll need to keep $1,000 in there for another 90 days). It calculates to roughly a 10% annual percentage yield (APY), but remember, that’s only for the initial 90-day period.

In my experience, this kind of savings bonus is actually quite attractive. It’s a nice little boost to your savings, provided you have the necessary funds to meet the deposit and balance requirements.

TRENDING DEAL:

Axos Bank Business Bonus: Earn $200 with a Basic Business Checking Account!

Axos Bank’s Basic Business Checking stands out with no monthly fees, unlimited transactions, and nationwide access, plus the chance to earn up $200 in cash bonuses. New...Show More

Axos Bank’s Basic Business Checking stands out with no monthly fees, unlimited transactions, and nationwide access, plus the chance to earn up $200 in cash bonuses. New businesses can claim $200 with promo code START200 by maintaining just a $3,000 balance. Whether you’re just starting out or scaling fast, Axos gives your business the freedom to grow with fewer fees and bigger rewards. Show Less

Earn $200

Go to the deal