Advertiser and Editorial Disclosures The content below is NOT endorsed by the bank, and you should make sure to verify all terms and conditions with the bank itself before opening an account.
Axos Bank has an easy bonus for business owners out there, and this account comes with no fees to boot. To earn the bonus, you need to open your Basic Business Checking account using promo code NEWBIZ200 if you incorporated after June 1, 2020 or NEWAXOSBIZ if incorporated before. In the first two months after account opening, the average daily balance of the account must be at least $2,500 in order to qualify for the bonuses of either amount. Once you have completed this, the bonus will be deposited to your account within 5 business days. Be sure to keep the account open for at least 180 days (6 months) to avoid the $50 early closure fee. Let us know what you think of this bonus in the comments below!
Eligible states | Nationwide |
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Specific geography | - |
Exceptions | - |
Expiration date | Thursday, June 30, 2022 |
Direct deposit - Amount | Frequency | No |
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Savings requirement | time | $2,500 for 60 days |
Bill pay | - |
Debit card | - |
Other requirements | - |
Account type | CHECKING |
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Account features | FDIC Insured |
Apply online | Yes |
Monthly fees | No |
How to avoid monthly fees | - |
Wait for reward (expected) | 95 days |
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Hard pull | No |
Leave account open | 180 days |
Other fine print | Account must remain open for 180 days or an early closure fee of $50 may apply. Must be new funds to receive bonus credit. Terms and conditions subject to change without notice. Bonus may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year. NOTE: “New Funds” is defined as funds that did not originate from another Axos Bank brand account. |
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