Axos Bank, Get $100 with New Basic Business Checking

Axos Bank, Get $100 with New Basic Business Checking

Axos Bank has a promotion for new business customers. Open a business checking account and get $100 when you keep a balance of $2,500 for two months. The bonus is available online and nationwide, but your business must be incorporated after 6/01/2020 to qualify.

Offer

Here’s how this offer works:

• Open a new Basic Business Account
• Just use promo code NEWBIZ100 on your application.
• 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 $100 bonus.

Bonus will be deposited into your new account within 5 business days of your statement cycle date. Must be new funds to receive bonus credit. Bonus may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor.

Eligibility

• Business must be incorporated after 6/01/2020 and application must be submitted before 11:59pm on 3/31/2021 to qualify.
• Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year.

Fees

• No monthly fees
• Account must remain open for 180 days or an early closure fee of $50 may apply.

Guru’s Wrap-Up

We have seen this $100 bonus from Axos in the past, but now the balance requirement is lower, at $2,500. However your business must be incorporated after 6/01/2020 and application must be submitted before 11:59pm on 3/31/2021 to qualify. It is a small bonus, but also has easy requirements, if you are eligible.

If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.

Offer Details

• Offer Page
• Promo Code: NEWBIZ100
• Account Type: Basic Business Checking
• Availability: Nationwide
• Expiration Date: 3/31/2021
• Inquiry Type: Soft pull
• Opening Deposit Credit Card Funding: Unknown
• Direct Deposit Requirement: No
• Additional Requirements: $2,500 balance for two months
• Monthly Fee: No
• Closing Account Fee: $50 if closed within 180 days