# Waterstone Bank Business Checking: $700 bonus

Canonical: https://dealaka.com/offers/waterstone-bank-business-checking-sign-up-bonus

- Status: Limited reports
- Bonus: up to $1,000
- Requirement: Avg balance $5,000+ and 10 transactions in 90 days
- Expires: no published end date
- Availability: Nationwide
- Institution: WaterStone Bank
- Verified: Jul 21, 2026 against wsbonline.com
- Field reports: 0

## 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.

## Requirements
1. Open a new eligible Waterstone Bank business checking account with a $100 minimum deposit.
2. Complete 10 or more customer-initiated transactions within 90 days of opening.
3. Maintain an average daily balance of $50,000 or more during the third full statement cycle.
4. Optionally enroll in positive pay or merchant services within 90 to 180 days for an extra bonus.

## Fine print that matters
- 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.

## Sources
- wsbonline.com offer page <https://www.wsbonline.com/business/business-special-offers/> (checked Jul 21, 2026)

_This entry is reference information, not financial advice. Confirm current terms on the institution's site before you apply._