Vectra Bank Bonuses: $2,500 Business Checking Promotion (CO)

Find the latest Vectra Bank bonuses, promotions, and offers here.

Update 7/22/24: Currently available is a business checking bonus up to $2,500 valid through 8/31/24.

Vectra Bank $2,500 Business Checking Bonus

• What you’ll get: Up to $2,500 bonus
• Eligible account: Checking
• Availability: CO (Locator)
• Credit Inquiry: Hard Pull or Soft Pull? Let us know.
• Direct Deposit Required: No
• Monthly Fees: See below; waivable
• How to earn it:
  • You can earn a cash bonus of up to $2,500 when you open a new Business Checking account.
  • To receive the cash bonus, the account must have at least an average ledger/current balance in the third full calendar month after account opening of $10,000 and perform ten (10) of any of the following transaction types by completion of the third full calendar month after the account opening: ACH Credit, Bill Pay, Checks Paid, Debit Card, Remote/Mobile Deposit, and Wires (Incoming/Outgoing).
    • $250 cash bonus: $10,000 Account Average Balance
    • $500 cash bonus: $25,000 Account Average Balance
    • $1,000 cash bonus: $50,000 Account Average Balance
    • $1,500 cash bonus: $100,000 Account Average Balance
    • $2,500 cash bonus: $250,000 Account Average Balance
  • Bonus of $250 – $2,500 will be deposited into open checking account within 60 days of completion of qualifications and is limited to one (1) bonus payment per customer tax-ID number.

(Expires 08/31/2024)

Fine Print

• Offer available to new Business Inspire, Business Growth, Business Connect, Community Checking, Business Interest, and Commercial Analyzed checking accounts opened with new money between March 1, 2024 – August 31, 2024.
• Minimum opening deposit of $50 required for all accounts except Commercial Analyzed Checking.
• To receive the cash bonus, the account must have at least an average ledger/current balance in the third full calendar month after account opening of $10,000 and perform ten (10) of any of the following transaction types by completion of the third full calendar month after the account opening: ACH Credit, Bill Pay, Checks Paid, Debit Card, Remote/Mobile Deposit, and Wires (Incoming/Outgoing).
• There may be a fee associated with these transactions.
• Bonus of $250 – $2,500 will be deposited into open checking account within 60 days of completion of qualifications and is limited to one (1) bonus payment per customer tax-ID number.
• All tax liabilities, if any, associated with the benefits are the responsibility of the recipient, and the recipient may receive an IRS tax reporting statement that includes the approximate retail value of the benefits.
• If tax documentation including a valid W-9 or W-8 is not completed, the prize may be forfeited.
• Offer is not available to existing Vectra business checking customers, public agencies, Political Action Committees, fiduciary accounts, or campaign accounts.
• Existing/Returning customers must have a period of 12 months without an open Vectra business checking account.
• Offer subject to change at any time.
• Please refer to the Deposit Account Agreement, Account Disclosure, and the Business Accounts Schedule of Fees or speak with a banker for more details.

How To Waive Monthly Fee

• Business Inspire Checking: $6, waived when you maintain a minimum daily balance of at least $1,000, or conduct $1,000 or more in transactions (debit or credit) each month.
• Business Growth Checking: $12, waived when you maintain a minimum daily balance of at least $2,500, or maintain a combined loan and credit card balance of at least $10,000.
• Business Connect Checking: $20, waived when you maintain a combined deposit balance of at least $10,000, or maintain a combined loan and credit card balance of at least $50,000 or pay $85 or more for other qualified banking services per statement cycle.
• Business Interest Checking: $10, waived when you maintain a minimum daily balance of at least $3,500
• Community Business Checking:
  • $7 ($1,000 minimum daily balance OR combined deposit balance of at least $10,000 OR pay greater than $100 in other qualified banking services.)
  • $3 (Waive this fee by opting out of paper statements through Online Banking)

Conclusion

Although these bank promotions are rather generous, you can also utilize our list of Savings, Money Market, and CD rates.

• Best Savings/Money Market rates
• Best CD Account rates

If you are not eligible for these promotions, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.

Check back often for more Vectra Bank Bonuses, Promotions, or Offers!