Wintrust Community Bank Bonus, $300 for New Business Checking

Wintrust Community Bank has an offer that get you a bonus of $300 for opening a business checking account. The offer is available in FL, IL, and WI only, through the end of the year. You must visit a bank location to open the account and mention the bonus. Check out the details of this Wintrust Community Bank bonus below.

Offer

To qualify for the bonus payment of $300, you must:

Open a new Entrepreneur Checking account;
tell us you are aware of this Entrepreneur Checking account bonus offer at account opening;
Maintain a minimum balance of at least $1,500.00 on each day of the last business day of the two (2) consecutive calendar months following the calendar month the account was opened (“Qualification Period”);
complete five (5) qualifying transactions, defined as ACH debit, ACH credit, wire transfer and debit card transactions, within the Qualification Period; and (v) enroll in online banking and activate e-statements within the Qualification Period.

After you have completed all the above bonus qualifications, we will deposit the $300.00 bonus payment to your new Entrepreneur Checking account within thirty (30) calendar days after the Qualification Period. A listing of WTFC locations can be found here: wintrust.com/locations. If you are a sole proprietorship or a single member LLC, the $300.00 bonus is subject to IRS 1099-INT reporting and may be considered income for tax purposes for the tax year in which the bonus was paid.

Eligibility

Offer available in FL, IL, WI.
This Entrepreneur Checking account bonus offer is not available to existing or closed checking account customers of Wintrust Financial Corporation and its subsidiaries (“WTFC”) or its active employees.
Limit one bonus payment per customer, regardless of the number of accounts opened.

Fees

The Entrepreneur Checking account has a $15 monthly fee, which you can avoid with an average daily balance of $1,500

Guru’s Wrap-up

This look like a good bonus for those who are in FL, IL, WI. You just need to maintain a minimum balance of at least $1,500.00 on each day of the last business day of the two (2) consecutive calendar months following the calendar month the account was opened. That $1,500 balance also waived the monthly fee. You then need to complete 5 transactions which should be easy enough. Definitely worth doing if you have a branch nearby.

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.