Offer Details
Written by: RJ
Requirements
- Open a new business checking account
- Deposit $5k within 30 days of opening
- Maintain balance for 90 days
- Complete two debit card transactions
- Bonus posts within 30 days of completion
Referral – There’s a $40 referral that may be stackable
- Deposit $100 within 30 days of opening and maintain the balance for 30 days
Eligibility
- Nationwide
- New accounts only
- Not clear if they mean customer or literally open a new account
Fees
- Novo business checking is fee free
Account Closure
- No rule listed
Chex
- No
Valid through: No end date listed
Referral code: RyanJohnson12
First reported by DoC
Thoughts
This is another Nerd Wallet affiliate link. I don’t receive anything for this. As for the terms, I’m going to assume it’s new customers only but it doesn’t specify. I may try again with my actual business to see. The terms specify ‘new account’ not new customer.
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Editorial Note:
Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
I don’t understand the Stackable Bonuses. If there is a Stackable Bonus, do we click on the Referral Bonus Link to open the account, or do we click on the Direct Offer Link to open the account? Obviously, nobody is going to want to take the $40 Stackable Bonus and exclude themselves from getting the $300 Bonus.
How do you stack offers? I got in on the $300 Bonus, how do I also get the $40 Bonus?
Getting about a 23.7% effective APY on this deal. Pretty nice.
https://cashbackcow.io/calculators/effective-apy-calculator/?invest=5000&sub=300&daysreq=90&daysbuf=10&fees=0&interest=0
I applied for this one as a sole prop using an EIN, application pending. We shall see
Can you reside in CA and get the offer?
says it is nationwide
denied as they said I was risky