[Expired] NYCB $250 Business Checking Bonus Available in NY, NJ, FL, AZ and OH

New York Community Bank is offering a $250 bonus for new business checking accounts. The offer is available in NY, NJ, FL, AZ and OH only. Must apply in branch. A similar offer is also available for personal checking  accounts, and it requires a smaller daily balance.

NYCB $250 Business Checking Bonus

Bonus Requirements

To qualify for the $250 bonus you must open a new My Community Business Checking account  with $100 by 5/31/2018 and complete the following requirements:

  • Within 10 calendar days after account opening, deposit a total of $25,000 or more not currently on deposit with the bank, and maintain an average daily balance of $25,000 for 90 consecutive calendar days from the date of deposit.
  • Within 90 calendar days after account opening, 10 debit card point of sale (POS) transactions of $10 or more must post to the account.

Additional Terms

  • Once all requirements are met, the bonus will be credited to your account within 10 business days, and may be reportable as income to the Internal Revenue Service
  • Account must remain open, in good standing, and in the same product type through the qualifying period to receive the bonus.
  • The other NYCB business checking account product types that are eligible for this promotion include: Business Solutions Checking with Interest, Business Solutions Analysis Checking, Business Solutions Analysis Checking with Interest, and Business Solutions Nonprofit Checking.
  • Offer available 3/1/2018–5/31/2018.


  • This offer is valid in NY, NJ, FL, AZ, OH only.
  • The new business checking account cannot include any signers who: (1) are on any existing NYCB business checking accounts (or accounts that have closed in the past 180 calendar days), or (2) have been paid a promotional premium on a business account in the past 12 months. Signer is defined by name(s) and Social Security number(s) on the account.


Business Solutions Checking is probably the best option. The monthly fee is as follows:

  • $15.00 with avg daily collected balance between $0 – $999.99.
  • $10.00 with avg daily collected balance between $1,000.00 – $2,999.99.
  • $0 with avg daily collected balance of $3,000.00.

Guru’s Wrap-Up

A decent bonus but limited to a few states only. It does require a large amount deposited, $25,000 or more for 90 days. I everything goes right and your able to take the $25K out after 100 days, the you’re getting a 3.65% annual return. Not that great, but not bad either. You also need to complete 10 debit transactions. You need to go into a branch to apply for this NYCB $250 business checking bonus. I would suggest going for the personal bonus instead.

If this bonus is not for you, then you can check our full list of available bank bonuses.

Offer Details

  • Offer Page
  • Bonus: $250
  • Account Type: Business Solutions Checking
  • Availability: NY, NJ, FL, AZ, OH
  • Inquiry Type: Unknown
  • Opening Deposit Credit Card Funding: No
  • Direct Deposit Requirement: No
  • Other Requirements: 10 debit transactions and balance of $25,000 or more for 90 days
  • Monthly Fee: $15 (can be waived)
  • Closing Account Fee: Must keep account open for 180 days
  • Expiration Date: 5/31/2018

HT: r/churning

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