Replace 10/19/25: Out there once more, no $500 tier. Hat tip to reader Tikky

Supply at a look

• Most bonus quantity: $300 – $500
• Availability: TX Solely
• Direct deposit required: No
• Extra necessities: See beneath
• Laborious/smooth pull: Delicate pull
• ChexSystems: Unknown
• Bank card funding: As much as $500
• Month-to-month charges: $12, avoidable
• Early account termination price: $15 if closed inside 90 days
• Family restrict: None listed
• Expiration date: None listed

The Supply

Direct hyperlink to supply

• Broadway Financial institution is providing a enterprise checking bonus of as much as $500. Bonus is damaged down as follows:
  • Open a brand new Benefit, Most popular or Necessities Enterprise Checking account.
    Deposit $2,000 or extra in new cash inside 30 days of account opening.
  • Enroll in Enterprise On-line Banking1 and full 10 qualifying transactions inside 90 days of opening account.
  • Keep a mean month-to-month steadiness of these listed beneath over the subsequent 120 days to earn as much as $500.
    • Earn $300 with a steadiness of $2,000 – $24,999
    • Earn $400 with a steadiness of $25,000 or better
  • Earnings will likely be deposited to your eligible Enterprise Checking account inside 90 days of assembly necessities.

The Positive Print

• Account Necessities:
• Eligible accounts are qualifying Enterprise Benefit Checking, Enterprise Most popular Checking, and Necessities Enterprise Checking accounts.
  Topic to approval. Different situations and restrictions apply.
• Eligibility Necessities:
• Supply is offered for a most of 1 eligible Enterprise Checking account per Taxpayer Identification Quantity (TIN).
• Supply just isn’t obtainable for present companies with Broadway Financial institution Enterprise Checking accounts.
  A brand new eligible Enterprise Checking account is required, and all different Broadway Financial institution accounts are excluded.
• Excludes closed and reopened accounts, present accounts, transformed accounts, and repurposed accounts.
• Broadway Financial institution staff are ineligible to take part on this incentive.
  The presents are usually not stackable, they’re tiered presents with a most of $500.
• Incentive Necessities:
• Inside 30 days of account opening, a cumulative deposit of a minimum of $2,000 in new cash is required to qualify for the inducement.
• New cash can’t be funds held by Broadway Financial institution.
• Common month-to-month steadiness is outlined as the typical collected steadiness throughout a month-to-month timeframe inside your eligible Enterprise Checking account.
• Inside 90 days of account opening, should enroll in Enterprise On-line Banking and full 10 qualifying transactions to qualify for the inducement.
• Qualifying transactions are debit card purchases, ACH transactions, checks, and signature Level of Sale purchases and on-line purchases.
• ATM withdrawals, teller deposits and withdrawals, wires, and debit card money advances don’t qualify for this promotion.
• Incentive Fee:
• Inside 90 days of assembly incentive necessities, earnings will likely be deposited to the eligible new Enterprise Checking account.
• Qualifying accounts have to be open and have a optimistic steadiness to obtain earnings.
• The inducement fee may very well be topic to IRS reporting on Inner Income Service (IRS) Type 1099.
• This promotion is topic to alter with out discover and is topic to financial institution verification, eligibility, and qualification assessment.
• All checking account bonuses are handled as earnings/curiosity and as such it’s a must to pay taxes on them

Avoiding Charges

Month-to-month Charges

Benefit Enterprise Checking has a $12 month-to-month price. That is waived:

Early Account Termination Payment

Based on the price schedule there’s a $15 price if closed inside 90 days.

Our Verdict

Solely the $200 bonus is price contemplating as you’re shedding out on vital curiosity on the opposite tiers when in comparison with a 5%+ APY incomes account (e.g for the $25,000 tier you would earn ~$400 in simply curiosity). The underside tier is OK though realistically you’ll want $3,000 in there to keep away from the month-to-month price. It’s annoying the holding interval is so lengthy however we are going to nonetheless add this to our greatest financial institution bonus web page.

Hat tip to Tikky

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