MB Financial Bank will give you a $350 bonus when you open an MB Small Business Checking account.
In order to qualify for this bonus, the account holder must reside in Illinois; Lake County, Indiana; or Philadelphia County, Pennsylvania.
There is also an MB Financial Personal Checking Account Bonus available if you don’t need a business account.
How To Earn $350 MB Business Checking Bonus
To get the $350 bonus, you must open and maintain an MB Small Business Checking account with an average monthly balance of $5,000 or more and do 1 of the following:
- Complete a minimum of 15 electronic transactions in the account, or
- Open a business money market or savings account with an average balance of $25,000 or more.
If you have any questions, just complete this Promotional Form, stop into a branch to speak with a banker, or call MB Financial directly at 1.888.ibankmb (1-888-422-6562).
You can open an MB Small Business Checking account either in person at an MB banking center, or an MB representative will come to your place of business to open your account at your convenience.
MB Financial Business Checking Promotional Terms
You must open and maintain a new MB Financial Bank Small Business Checking account and maintain a monthly average balance of $5,000 in the account to earn a credit of up to $350 by having 1 of the following activities post to the applicable account within the first 90 calendar days of its opening:
1. A minimum of 15 electronic transactions within 90 calendar days. These include debit card transactions, ACHs, bill payments, mobile remote deposits, and wire transfers.
2. Open and maintain a new MB Financial Bank business money market, statement savings, or passbook savings account and maintain a monthly average balance of $25,000 or more for at least 90 calendar days and at the time of payout.
Once you have completed either activity #1 or #2 within the first 90 calendar days after opening of the small business checking account, you will earn $350 contingent on the fact that the small business checking account maintains an average monthly balance of $5,000 at the time of payout.
Earned amounts will be paid by MB as a credit to the checking account within 60 calendar days of the transaction being verified, following the 90 calendar day period from opening.
Your account must be in good standing (open, with a positive balance) to receive payout.
Your account must remain open at least 6 months after the account opening, or the credit will be reversed.
- Offer may not be combined with any other promotion.
- Limit of 1 new checking related bonus per customer per 12 month period.
- Promotional credit may be subject to IRS 1099 Form Reporting.
MB Small Business Checking Account Details
The minimum balance to open an MB Small Business Checking account is $100.
Your opening deposit must be new money only with funds that have not been on deposit at MB for the past 90 calendar days.
- Avoid the monthly service charge and get added benefits by combining balances from your business and personal accounts to meet the minimum balance.
- Get up to 200 items processed free per statement cycle.
- No charge for depositing up to $10,000 in cash per statement cycle.
- Get up to 20 free online bill payments per statement cycle.
- No annual fee on a MB Business Debit MasterCard.
- Receive additional benefits with a $50,000 average balance in this account.
- The MB Small Business Checking account has a monthly service charge of $15.
You can avoid the $15 monthly service charge by meeting 1 of the following requirements:
- Make 4 or more signature-based debit card transactions per statement cycle.
- Maintain at least a $5,000 average balance each statement cycle.
- Have an account that is linked to other qualified MB accounts that have a combined average balance of $15,000 or greater.
You can review the MB Small Business Checking Account on their website for more details.
If you live in a qualifying region and need a new business checking account, take advantage of this $350 bonus from MB Financial Bank.
Once you become an MB Financial Bank customer, you can also participate in the MB Financial Referral Program to earn an extra $50 bonus for referring new customers.