If you are in the process of starting your own business, opening a business bank account is one of the most important undertakings you will be responsible for. That is why you want to be sure you are getting the best possible deal to set your business off on the right foot in addition to your already frugal living. There are always new business banking promotions being offered that can help you get a little more value out of your financial services. Learn the best business banking deals out now below.
Huntington Bank is a financial institution that perhaps not many business owners have heard of before. However, the Huntington Bank Accelerated Business Checking accounts offer some of the best sign-up bonuses in the country. When you open a business bank account with them, you get a signup bonus of $750 after meeting all the requirements. This offer is only available to business owners in Indiana, Kentucky, Michigan, Pennsylvania, Ohio, West Virginia, Illinois and Wisconsin, however. If you live elsewhere, you may want to look for other great business banking deals in your state.
Chase Bank offers some of the best banking promotions in the financial services industry, and their business bank accounts are no exception. Part of what makes their bank account promotions for both finance vs accounting so excellent is that they are available nationwide. No matter where your business is located, you can open up a Chase business bank account to gain access to a $200 signup bonus. While this may not be quite as much as other banking offers, it is available nationwide until the end of the year. This makes it one of the most accessible, and therefore one of the best, banking deals for business owners like you to take advantage of.
Citi Bank business accounts allow you access to an excellent sign up bonus without all the strict requirements in place at other business banks. Their accounts offer an incredible $300 signup bonus to all new business banking clients. As long as you have not had an open Citi bank account within 180 days, you can take advantage of the offer. You must also be able to deposit an initial $15,000 into the account, which should not be hard if you have startup capital all squared away. If you want to take advantage of one of these business banking promotions without having to jump through hoops, Citi Bank business is there for you.
Capital One Spark business accounts are some of the most well known business banking solutions. There is a reason for this. They offer a stellar sign-up bonus offered with their Capital One Spark Cash for Business card. In addition, business banking customers also get a one-time $500 cash bonus once they spend $4,500 on qualifying purchases. Then, business credit card holders earn 2% unlimited cash back on every single purchase made with the card. If you are looking for business credit card deals from one of the top business banks out there, Capital One is certainly one to consider.
Bank Of America
Bank of America offers one of the top small business banking solutions without even needing any introductory offers. But yet, they still offer one of the better introductory offers for business bank accounts. If you choose to open a business account with Bank of America, you will get a $200 sign up bonus with qualifying deposits. If you cannot meet the requirements for their Business Fundamentals account, you will have to pay a fee of $16/month, however. This could negate the introductory offer benefits. But, if you plan on keeping at least a $5,000 balance and meeting other similar cash flow requirements, this can be a nice bonus. Keep it in mind when trying to decide between the best banking deals for business.
If you are a new small business owner, finding the best business banking deals should be your number one priority so that you can avoid needing to find high risk loans further down the line due to poor financial standing. Opening a business bank account that offers a great sign up bonus or promotion will help get your business off on the right foot for healthy business finances for years to come. Consider the banking deals and bonuses mentioned above. These business banking offers will provide you with a couple extra dollars to re-invest right back into growing your business to reach success in your industry. Choose wisely.
Photo from https://www.pymnts.com/news/b2b-payments/2016/bill-com-sme-small-business-banking-connect-payments-platform-consumer-convenience-cash-flow-treasury/