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[PA & OH, In Branch] S&T Bank $900 Business Checking Bonus

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Update 7/20/24: Extended until November 8, 2024

Update 5/8/24: Extended until June 28, 2024.

Update 1/7/24: Deal is back. Bonus now up to $900. Hat tip to reader NBG

Update 12/2/23: Deal is back and valid until 12/30/21. Hat tip to 14lopeza

Update 1/2/23: Extended until 3/31/23.

Update 10/12/22: Deal is back and valid until December 31, 2022.

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 December 31, 2022

The Offer

Direct link to offer

  • S&T Bank is offering a $900 bonus when you open a new business checking account and complete the following:
    • $300 bonus when deposit $1,000 within the first five days of account opening
      • Apply for, receive, and activate your debit card
    • $600 bonus when you deposit $25,000 within the first five days of account opening
      • Apply for, receive, and activate your debit card
    • $300 bonus 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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