SouthEast Bank is offering a $400 business checking bonus for new business customers who open a Core Business Checking account and maintain a qualifying balance. The requirements are simple compared to many business bank promotions, with no transaction requirements, debit card usage, or direct deposits needed.
The offer is only available locally. If you’re looking for offers available nationwide, check out our top picks here—including huge offers from Chase, CIT Bank and Axos Bank that you won’t want to miss!
Bonus Overview
| Offer | $400 Bonus |
|---|---|
| Account | Core Business Checking |
| Bonus Amount | $400 |
| Expiration Date | June 30, 2026 |
| Promo Code | CORE400 |
| Availability | Tennessee businesses |
| Deposit Requirement | $5,000 in new money |
| Holding Period | Maintain through Day 60 |
Trending Checking Account Deal:
How to Earn the $400 Bonus
To qualify:
- Open a new Core Business Checking account by June 30, 2026.
- Mention promo code CORE400 when opening the account.
- Deposit at least $5,000 in new money within 30 days of account opening.
- Maintain a daily balance of at least $5,000 through the 60th day after account opening.
- Business must be licensed in Tennessee.
Once all requirements are satisfied, SouthEast Bank will deposit the $400 bonus within 30 days.
Eligibility Requirements
You qualify as a new customer if your business has not maintained a SouthEast Bank business checking account during the previous 12 months.
Additional requirements:
- Business must be licensed in Tennessee.
- Offer is limited to one bonus per customer.
- SouthEast Bank employees are not eligible.
Core Business Checking Features
The Core Business Checking account includes:
- No minimum balance requirement after account opening
- Up to 250 transaction items per statement cycle
- Up to $10,000 in coin and currency deposits per statement cycle
- Mastercard Easy Savings™ automatic rebate program
- Access to local business bankers and branch support
Effective Return
Because the bonus requires maintaining $5,000 for approximately 60 days, the promotion offers a strong short-term return:
- Bonus: $400
- Required balance: $5,000
- Holding period: About 60 days
That equates to an annualized return well above what most business savings accounts currently offer.
Fees and Account Details
Core Business Checking features:
- $50 minimum opening deposit
- No ongoing minimum balance requirement
- $3 monthly paper statement fee (waived with eStatements)
- $1 fee for each mobile deposit exceeding 20 per month
Things to Consider
- Account opening appears to require a branch visit or appointment with a business banker.
- Tennessee business licensing is required.
- Funds must be “new money” not currently on deposit with SouthEast Bank.
- Bonus earnings are taxable and may be reported to the IRS.
See the Best Checking & Savings Account Bonuses and Start Earning Free Cash Today
Bottom Line
The SouthEast Bank $400 Core Business Checking Bonus is a strong offer for Tennessee business owners. The requirements are refreshingly simple: open the account, deposit and maintain $5,000 for 60 days, and collect the bonus. For businesses that can comfortably park $5,000 for two months, this is one of the easier business checking bonuses currently available.
Discover more from MoneysMyLife
Subscribe to get the latest posts sent to your email.
