WaterStone Bank is offering new business checking customers up to $1,000 through a balance-based bonus plus additional rewards for Positive Pay and Merchant Services. Availability: WaterStone Bank’s southeastern Wisconsin branch market.
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WaterStone Bank Business Bonus Overview
Bonus: Up to $1,000
Account: Eligible WaterStone Bank business checking account
Deadline: No public expiration date listed
Promo code: None listed
Availability: In branch in southeastern Wisconsin
How to Earn the Bonus
Trending Checking Account Deal:
- Open an eligible business checking account with at least $100 and complete 10 customer-initiated transactions within 90 days.
- During the third full statement cycle, maintain an average balance of $5,000–$24,999.99 for $300; $25,000–$49,999.99 for $500; or at least $50,000 for $700.
- Enroll in Check, ACH, or combined Positive Pay within 90 days for an additional $125 on the $300 tier or $150 on the $500/$700 tiers.
- Establish WaterStone Bank Merchant Services within 180 days for another $125 on the $300 tier or $150 on the $500/$700 tiers.
Who Is Eligible?
The published offer applies to new WaterStone Bank business customers opening an eligible business checking account. Account approval is required, and the offer is completed through a branch appointment.
Monthly Fees and Minimums
Eligible accounts require at least $100 to open. Depending on account type, monthly minimum-balance fees range from $15 to $25, and excess debit or credit item charges generally range from $0.15 to $0.35. Inactive accounts may be charged $10 monthly after more than 60 calendar days without activity.
When Is the Bonus Paid?
The balance-based and Positive Pay bonuses are credited on the third full statement cycle. The Merchant Services bonus is paid on the sixth full statement cycle. The account must remain open and active. Closing within 180 days triggers repayment of all bonuses received, in addition to the published $30 early-closing fee. Bonuses may be reported on Form 1099.
How to Apply
Use the official offer button to schedule a branch appointment. Ask the banker to confirm the eligible account, the 10-transaction definition, and enrollment deadlines before opening.
The Bottom Line
The maximum $1,000 requires a $50,000 average balance during the third full cycle plus both Positive Pay and Merchant Services. Businesses that do not need those services should compare the base bonus with the value of keeping the required balance at the bank.
Offer details rechecked September 28, 2026. No public expiration date was listed; confirm availability before opening.
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