Bank of America Small Business Checking $200 Bonus

I logged out of my Bank of America business account and saw this $200 bonus for new business customers with relatively achievable requirements. (New means you don’t have an existing business account, and must have closed your old account at least 90 days ago.)

• Earn $150 when you deposit at least $750 per month into your new small business checking account for 3 consecutive months between September 20, 2010 and November 21, 2010.
• Earn another $50 when you pay at least 2 bills during one of those same 3 months through Online Bill Pay, accessed through Online Banking. You can pay virtually anyone, anytime, anywhere in the United States.

Offer expires 11/21/2010 and is available only when you open a new business checking account using SBESP10. The $17.00 monthly maintenance fee can be avoided with one of the following:

* Enrolling in Business Fundamentals and making a monthly qualifying purchase with your Business Check Card
* $3,000 minimum balance
* $10,000 average balance
* $10,000 combined minimum balance with other biz accounts
* $20,000 combined average balance with other biz accounts

By the way, the same rules about sole proprietorships being valid businesses here also apply to business checking accounts.