[PA & OH] S&T Bank $600 Business Checking Bonus (Requires Payment Processing)

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Offer at a glance

  • Maximum bonus amount: $600
  • Availability: Must be a resident of Pennsylvania or Ohio. Need to live close to a branch (possibly within 25 miles)
  • Direct deposit required: None
  • Additional requirements: None
  • Hard/soft pull: Soft
  • ChexSystems: Unknown
  • Credit card funding:  Up to $100
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Household limit: None listed
  • Expiration date: June 30, 2022

The Offer

Direct link to offer

  • S&T Bank is offering a $600 bonus when you open a new business checking account and complete the following:
    • Deposit $1,000 within the first five days of account opening
    • Apply for, receive, and activate your debit card
    • Establish a new payment processing account through Elavon

The Fine Print

  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee

Previously accounts need to be kept open for six months.

Our Verdict

Unfortunately this requires payment processing, personally I don’t think these bonuses are worth doing.

Hat tip to alopez14

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