[DE, DC, MD, NJ, PA, & VA Only] Fulton Bank $225 Business Checking Bonus
Update 1/5/25: Deal is back, now $225 instead of $300.
Update 9/15/21: Deal is apparently still live, but you need to go in branch and ask for it (obviously don’t mention this site).
And deal is now dead. You can view the most bank account bonuses by clicking here.
Offer now live. Can see this deal being pulled early so sign up quickly if interested. Warning: According to the fine print the bonus doesn’t go live until September 7, 2021.
Offer at a glance
- Maximum bonus amount: $300
- Availability: DE, MD, NJ, PA, DC & VA only. May need to live in one of the counties
- Direct deposit required: None
- Additional requirements: See below
- Hard/soft pull: Soft. Make sure to opt out of overdraft protection
- ChexSystems: Yes.
- Credit card funding: Up to $500
- Monthly fees: None
- Early account termination fee: None
- Household limit: None listed
- Expiration date: November 30, 2021
The Offer
- Fulton Bank is offering a bonus of $225 when you open a new business checking bonus.
- Use promo code Biz225
- Deposit at least $1,500 of new money within 30 days of account opening
- Have a $1,500 minimum balance in your account on day 60 after account is opened
- Enroll in Small Business Online Banking within 60 days of account opening
The Fine Print
- To receive $300 cash bonus, your business must not currently have, nor have had, any business checking account with Fulton Bank in the last 12 months, and your business must do all of the following:
- (i) Open a new Business Checking, Business Premium Checking, or Business Interest Checking account between September 7, 2021 and November 30, 2021;
- (ii) Deposit a total of $2,000 or more in new money into your account within 30 days of opening the account. New money is defined as funds not currently on deposit with Fulton Bank by the account holder at time of account opening;
- (iii) Maintain minimum balance of $2,000 or more on day 60 after account opening;
- (iv) Complete a minimum of 10 business debit card purchases (includes in-store and online purchases), each totaling $10 or more, within 60 days after account opening (transactions must be posted to the account within the 60-day timeframe).
- The new business checking account must remain open, and account cannot have a negative balance at the time the bonus is credited.
- Bonus will be credited to the account within four to six weeks after meeting all offer requirements.
- We reserve the right to decline to open an account in our sole and absolute discretion.
- We will report the cash bonus amount to the IRS as interest for the year in which it was received.
- One cash bonus per business entity as identified by Taxpayer Identification Number (TIN).
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Business checking has no monthly fees to worry about.
Early Account Termination Fee
I can find no references to an early account termination fee on their website.
Our Verdict
Looks to be a good easy bonus with easy requirements, worth doing if you’re in an eligible area and you have a business. We will add this to our list of the best business checking bonuses.
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