SouthState Bank has launched an attractive offer for business owners: open a new business checking account and earn a $400 bonus.
To get this offer, use the promo code SB400 and meet the following requirements: make at least 15 debit card purchases/payments, or accumulate ACH credits of $5,000 or more.
Established in 1934, South State Bank is headquartered in Columbia, South Carolina and has over 130 locations throughout Georgia, North Carolina, and South Carolina.
READ MORE: WELCOME OFFERS FROM CHASE AND BMO.
South State Bank $400 Business Checking Bonus
- What you’ll get: $400
- Where it’s available: GA, NC, SC, VA, FL, AL
- How to earn it:
- Open a New Business Checking Account:
- Initiate by opening a new business checking account with SouthState Bank.
- Use the Promo Code:
- During the account opening process, make sure to enter the promo code SB400.
- Complete One of the Following Requirements:
- Option 1: Make a minimum of 15 debit card purchases or payments.
- Option 2: Accumulate ACH credits totaling at least $5,000.
- Open a New Business Checking Account:
- When it expires: Not stated
TRENDING DEAL:
▶ GET UP TO 4.31% APY WITH THE UFB PORTFOLIO SAVINGS ACCOUNT
Waive The Monthly Fee
Their small business checking account has no monthly fees.
READ MORE: SEE THESE CASH BACK SHOPPING DEALS AND PROMOTIONS FOR BONUS CASH AND REWARDS
Fine Print
- Promotional offer applies to new business checking accounts (excluding IOTA/IOLTA and Association Checking) opened during the promotional period with the promo code SB400. To open an account at a branch location, a $50 minimum deposit is required. Location and business type restrictions may apply and offer not available to employees of SouthState Bank, N.A. or its subsidiaries. Offer is limited to one per business, cannot be combined with any other business checking or deposit offer, or reproduced, purchased, sold, transferred or traded. SouthState reserves the right to modify or discontinue the offer at any time without notice.
- Eligibility & Qualifications: To receive the $400 bonus, you must meet the following criteria:
At account opening, the business cannot have another SouthState business/commercial checking account, or have had a SouthState business/commercial checking account in the past 12 months. - Within 90 calendar days of either the date the account is opened or the next business day if opened on a non-business day, you must have:
- – 15 or more posted and cleared debit card purchases/payments from the account; OR
- – Cumulative ACH credits of at least $5,000. (Note: Internal account transfers, mobile deposits, debit card deposits, and deposits made at a banking location or ATM do not qualify as an ACH Credit for purposes of this promotion.
- Eligibility & Qualifications: To receive the $400 bonus, you must meet the following criteria:
- Your account must be open with no changes to the product type (i.e. Small Business Checking, Business Gold Checking, Community Checking, Commercial Checking, etc.) at the time of payment.
- Promotional Bonus Payment: If you meet all of the Eligibility and Qualifications above, we will post the $400 bonus to your account within 2 business days of the completion of the 90 calendar day qualifying period. The bonus will be reported to the appropriate taxing authorities, as required by law or regulation.
Bottom Line
As someone who closely follows bank offers, I find SouthState Bank’s $400 bonus for new business checking accounts quite noteworthy.
The bonus criteria is easy to meet (either through debit card usage or ACH credits) and the cash bonus amount is one of the most generous.
For nationwide banks, Chase offers a similar deal. Read about Chase Business Complete here.
See more:
READ MORE: GET CASH, REWARDS AND MORE WITH THESE REFERRAL DEALS
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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