Offer at a glance
- Maximum bonus amount: $500
- Availability: WI + IL, In Branch Only
- Direct deposit required: None
- Additional requirements: 10 debit cards & $2,000 balance
- Hard/soft pull: Soft
- ChexSystems: Unknown
- Credit card funding: None
- Monthly fees: $10, avoidable
- Early account termination fee:
- Household limit: None listed
- Expiration date: 3/31/26
The Offer
Direct link to offer
- Northshore Bank is offering a $500 business checking bonus:
- Deposit $2,000 within 30 days of account opening
- Maintain a minimum daily balance of $2,000 or more between day 31 – 90
- Make 10 purchases with your North Shore Bank Business Debit Mastercard (ATM transactions do not qualify; transactions must post to account within 90 days of account opening)
The Fine Print
- Valid until 3/31/26
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Basic Business Checking has a $10 monthly fee, this is waived with a $500 average monthly collected balance
Early Account Termination Fee
$50 if closed within 180 days
Our Verdict
First time we’ve seen a business checking bonus from North Shore often we see a personal checking bonus of $400. Downside to this bonus is that it must be opened in branch. We will add this to our list of the best business checking bonuses.
Hat tip to reader RM
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
