Earn a $300 bonus from Town Bank when you open & use a qualifying Entrepreneur checking account.
To get $300, open a new Entrepreneur Checking account by 12/31/21, deposit and maintain $1,500 or more in new money, complete five qualifying transactions, enroll in online banking, and activate e-statements within the qualification period.
Town Bank $300 Business Checking Bonus
- Account Type: Entrepreneur Checking
- Availability: IL
- Credit Inquiry: Soft Pull
- Credit Card Funding: No – now codes as cash advance
- Opening Deposit: $100
- Direct Deposit Requirement: No
- Monthly Fee: $15; waive-able
- Household Limit: None listed
- Closing Account Fee: Unknown
(Offer Expires December 31, 2021)
- Entrepreneur Checking Bonus Information. This Entrepreneur Checking account bonus offer is not available to existing or closed checking account customers of Wintrust Financial Corporation (WTFC) and its subsidiaries or its active employees. Limit 1 bonus payment per customer, regardless of the number of accounts opened. If you qualify for this Entrepreneur Checking account bonus offer, you are ineligible to receive this Entrepreneur Checking account bonus offer from any other WTFC location. If you qualify for any other WTFC savings offer it may be combined with this Entrepreneur Checking account bonus offer. Your new account must be open, in the same product, and have a balance greater than zero to receive the bonus payment. If you are a sole proprietorship or a single member LLC, the $300.00 bonus payment is subject to IRS 1099-INT reporting and may be considered income for tax purposes for the tax year in which the bonus was paid.
- Entrepreneur Checking Account Information. Performing over 75 monthly transactions requires $1,500 minimum average collected balance to avoid a $15 monthly fee.
- Entrepreneur Checking Bonus Qualifications. (i) Open a new Entrepreneur Checking account from January 1, 2021 through December 31, 2021; (ii) tell us you are aware of this Entrepreneur Checking account bonus offer at account opening; (iii) Maintain a minimum balance of at least $1,500.00 on each day of the last business day of the 2 consecutive calendar months after the calendar month your new account was opened (“Qualification Period”); (iv) Complete 5 qualifying transactions, defined as ACH debit, ACH credit, wire transfer and debit card transactions, within the Qualification Period; and (v) enroll in online banking and activate e-statements within the Qualification Period. After you have completed all the above bonus qualifications, we will deposit the bonus payment into your new account within 30 calendar days after the Qualification Period.
Make sure you check out Town Bank to earn the business checking bonus promotion. Keep in mind that the offer may be extended, modified or discontinued at any time. The value of the reward may be reported on Internal Revenue Service (IRS) Form 1099, and may be considered taxable income to you
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