Find all the latest Cathay Bank promotions, bonuses, and offers here.
Currently you can take advantage of a $700 business checking bonus.
Table of Contents
About Cathay Bank Promotions
Cathay Bank offers their services in nine U.S. states, Hong Kong, Beijing, Shanghai, and Taipei. If you don’t live near a branch, you can see more bank bonuses that are available in multiple states and nationwide.
- Availability: CA, IL, MA, NJ, NY, NV, TX, WA (Bank Locator)
- Routing Number: 122203950
- Customer Service: 1-800-922-8429
I’ll review the current offers below.
Cathay Bank $700 Business Checking Bonus
Earn up to a $700 bonus when you meet all the requirements for this Cathay Bank promotion.
- Account Type: Business Checking Account
- Credit Inquiry: Unknown
- ChexSystems: Unknown
- Opening Deposit: $3,000
- Credit Card Funding: Unknown
- Direct Deposit Requirement: Yes
- Monthly Fee: $15, See below
- Household Limit: 1
- Closing Account Fee: None listed
(Offer Expires December 31, 2019)
|For other business checking accounts, take a look at our Chase Business Checking ($300 Bonus), Huntington Unlimited Plus Business Checking ($750 Bonus), Huntington Unlimited Business Checking ($400 Bonus), as well as the Huntington Business Checking 100 ($200 Bonus).|
How To Earn $350 Bonus
- Open an Advanced Business Checking account by December 31, 2019.
- Sign-up for Merchant Services and process at least one $10 transaction by January 15, 2020.
- Merchant Services
- Wire Transfers
- Online and Mobile Banking
- Bill Pay
- Treasury Management Tools
- FDIC Insured
- Business Debit card
The $15 monthly service fee is waived with at least a $3,000 daily average balance.
- Cathay Merchant Services are offered through Elavon, Inc.
- To qualify for credits, funding account must be a Cathay Bank business checking account and new merchant account must be established between September 16 and December 31, 2019, and activated by processing at least a $10 transaction by January 15, 2020.
- If either of these qualifiers is not completed by the required date, all credits will be forfeited. Applicable merchant account fees must be collected before account credits will be processed.
- $500 merchant statement credit applies toward the purchase or lease of new processing equipment/software solutions or setup costs.
- Peripherals, such as card readers and pin pads, do not qualify for the equipment credit.
- Merchant statement credits will be applied to the Elavon statement the month following account activation.
- $200 Cathay checking account statement credit will be applied within 90 days of activation. ©2019 Elavon Inc.
- Elavon is a registered trademark in the United States and/or other countries.
- All rights reserved. Offer subject to change without notice.
This Cathay Bank promotion may seem interesting on the outside, but $500 of the bonus must be used on new equipment, etc. This promotion is thus more fit for new businesses.
Feel free to leave a comment below informing us about your experience with this bank. Your feedback is highly appreciated and makes our site even better!
*Check back for updated Cathay Bank promotions, bonuses and offers.
The best bank bonuses are updated here. Check the below pages to get started with some of the best offers:
• Chase Bank Bonuses. Read about several offers for their Checking, Savings and Business accounts. Chase usually offers the most sign-up bonuses of all the big banks.
• HSBC Bank Bonuses. HSBC Bank routinely has offers for several of their Personal Checking and Business Checking accounts. They also have a good referral program.
• TD Bank Bonuses. TD Bank consistently offers great Checking account bonuses all year long. Savings account offers are less frequently available.
• Huntington Bank Bonuses. Bonus offers for their Checking accounts are only available for limited periods throughout the year. They also have great options for those looking for a free Checking account (no monthly fees).
• Discover Bank Bonuses. Discover Bank offers top cashback, savings, money market accounts and CD rates for you to take advantage of. Discover has industry leading selections to cater to your banking needs.