UPDATE: This offer has ended. Take a look at this alternative business bank bonus: Axos Bank Business Interest Checking.
Business Premium Savings Up To $375 Offer [ENDED]
How To Earn The Bonus:
- Business owners get up to $375 welcome bonus!*
- Choose smarter business banking by Mar. 8 and enjoy 4.01% APY* and a bonus of up to $375 when you maintain a minimum average daily balance of $75,000.†
- Just use promo code BPS375 on your application.
- $300 Bonus when maintaining an average daily balance of between $30,000 and $74,999.99.
- $375 Bonus when maintaining an average daily balance of a minimum of $75,000 or greater.
Offer Expires: March 8, 2024
How To Earn The Bonus
You can earn up to $375 for a new Business Premium Savings account.
Here’s how it works:
- Business owners get up to $375 welcome bonus!*
- Choose smarter business banking by March 8 and enjoy up to 4.01% APY* and a bonus of up to $375 when you maintain a minimum average daily balance of $75,000.† Just use promo code BPS375 on your application.
- Earn 4.01% APY
- No monthly maintenance fee
- No average daily balance requirement fee
- Free image statements
- Free online banking
- Remote deposit from anywhere
- $5,000 minimum opening deposit
The Monthly Fee
There is no monthly maintenance fee with the Business Premium Savings account.
READ MORE: GET TOP OFFERS FROM CHASE, BANK OF AMERICA, TD BANK AND BMO.
Fine Print
- To be eligible to earn all or a portion of the cash incentive as part of the promotional offer “BPS375,” a Business Premium Savings (BPS) account must be submitted between 09/13/2023 at 12:00 am PT and 03/08/24 at 11:59 pm PT.
- Axos Bank restricts each primary account holder to one (1) savings account promotional offer per year.
- Customers who have been primary owners of an Axos Bank, UFB, or Axos Bank for Nationwide checking or savings account in the last 12 months are not eligible for this offer.
- Promotional terms and conditions are subject to change or removal without prior notice.
- The incentive earned may be taxable and reported on IRS Form 1099-MISC. It is advisable to consult a tax advisor.
- To qualify for the Business Premium Savings bonus of $375, you must be approved for the new Business Premium Savings account and fund it within 60 days of account opening.
- Up to $375 can be earned as the incentive over the first four (4) statement cycles.
- Each statement cycle, $75 will be earned with an average daily balance between $30,000 and $74,999.99, and $100 will be earned with an average daily balance of $75,000 or greater.
- A maximum of three (3) payouts can be earned during the four (4) statement cycles, and the incentive will be deposited within 10 business days after meeting the balance requirement in each cycle.
- The Business Premium Savings account must remain open and in good standing at the time of payout to be eligible for the incentive.
- The account must also remain open for 120 days, or an early closure fee of up to $375 may be charged.
READ MORE: ALSO SEE THIS BUSINESS CHECKING OFFER FROM AXOS BANK
Bottom Line
This is a nice bonus value, but you’ll need to be ready to stash away at least $30,000 for at least three months. Keep in mind that you must fund your account within 60 days of approval and keep it open for 120 days to be eligible for the bonus.
So, consider if you’re willing and able to lock away that amount for the required time.
See more:
- Axos Bank Rewards Checking Up To $300 Welcome Bonus & 3.30% APY – Ends 6/30/24
- Best Axos Bank Bonuses, Promotions of April 2024 (Get $300+)
- Axos Bank Give $50, Get $50 Referral Program For Essential/Rewards Checking Accounts
- Axos Bank Business Interest Checking Up To $400 Bonus [Nationwide] – Ends 2/29/24
- Axos Bank Basic Business Checking Up To $400 Bonus [Nationwide] – Ends 2/29/24
- UFB Secure Savings & UFB Secure Money Market Accounts Earn Up To 5.25% APY
- Axos $250 Bonus for Managed Portfolios or Self-Directed Trading Investing Accounts – Offer Has Ended
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.