{"slug":"waterstone-bank-business-checking-sign-up-bonus","category":"bank","institutionSlug":"waterstone-bank","product":"Business Checking","title":"Waterstone Bank Business Checking: $700 bonus","bonus":"up to $1,000","unit":"cash","amount":300,"reqShort":"Avg balance $5,000+ and 10 transactions in 90 days","expiresOn":null,"status":"live","verifiedOn":"2026-07-21","reports":0,"openIssues":0,"states":null,"referralGated":false,"hardPull":false,"chex":"Pending verification","fee":"Monthly fee of $15-$25 if minimum balance requirements are not met","keep":"","posts":"","applyDomain":"wsbonline.com","applyUrl":"https://www.wsbonline.com/business/business-special-offers/","summary":"Waterstone Bank pays up to $700 to new business customers who open an eligible business checking account, complete at least 10 transactions in 90 days, and keep an average balance of $50,000 or more in the third statement cycle. Extra bonuses of up to $300 are available for enrolling in positive pay or merchant services.","reqSteps":["Open a new eligible Waterstone Bank business checking account with a $100 minimum deposit.","Complete 10 or more customer-initiated transactions within 90 days of opening.","Maintain an average daily balance of $50,000 or more during the third full statement cycle.","Optionally enroll in positive pay or merchant services within 90 to 180 days for an extra bonus."],"finePrint":["Closing the account within 180 days triggers a payback fee equal to all bonuses received.","Bonus is credited on the third full statement cycle, or the sixth if tied to merchant services.","Bonus amounts may be reported to the IRS on Form 1099.","Monthly minimum balance fees of $15 to $25 apply if balance requirements are not met.","An inactive account fee of $10 per month applies after 60 days of inactivity."],"tiers":[{"threshold":"$5,000 to $24,999 average balance","reward":"$300"},{"threshold":"$25,000 to $49,999 average balance","reward":"$500"},{"threshold":"$50,000 or more average balance","reward":"$700"},{"threshold":"Add Positive Pay within 90 days","reward":"$125 to $150"},{"threshold":"Add Merchant Services within 180 days","reward":"$125 to $150"}],"listedOn":"2026-07-21","audience":"business","memberReports":[],"history":[],"ruleIds":[],"sources":[{"label":"wsbonline.com offer page","url":"https://www.wsbonline.com/business/business-special-offers/","checkedOn":"2026-07-21"}],"needsVerification":false}