Published on August 29th, 2016 | by William Charles1
[Expired] [Northeastern PA only] Fidelity Bank $200 Business Checking Promotion
This deal has expired, you can view more great business checking bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $200
- Availability: Northeastern PA only
- Direct deposit required: No
- Additional requirements: Add check card and credit card processing service
- Hard/soft pull: Soft
- ChexSystems: Yes
- Credit card funding: Yes, unsure of amount (shows credit & debit card as option on first page of opening)
- Monthly fees: $2-$7, waivable
- Early account termination fee: 180 days, unknown fee
- Expiration date: None listed
- Receive a sign up bonus of $200 when you open a new Fidelity business checking account and complete the following requirements:
- Open a new account
- Add a free Visa business check card
- Open a new credit card processing service
The Fine Print
- You’re required to pay taxes on all bank account bonuses
- To receive the $200 bonus, customer must have opened a business checking account with a Visa® Debit Card and must have actively processed credit cards for 60 days.
- Credit will be made to the business checking account within 30 days after the 61st day of processing.
Free Checking Account
This account has no monthly fees, you do need to open it with a minimum of $100 though.
Early Account Termination Fee
There is a fee if closed within 180 days, but I’m unsure what this fee is.
The fact you need to set up credit card processing kills this deal for me, I’m not sure what the fees on that would be – but I don’t think it’s worth setting all that up (and dealing with any tax complications) unless you actually need it (and it’s the best pricing available). Because of that, we haven’t added it to our list of the best bank account bonuses. Fidelity Bank are also offering a $200 checking $100 savings bonus for personal accounts.