Mercer Savings Bank is offering residents of Ohio up to a $400 bonus when you open a Business Checking Account and meet the requirements.
To get started, open a Strictly Business Checking Account at Mercer Savings Bank. Alternatively, Non-Profits are eligible to open a Community Checking Account. In order to earn the bonus you will have to fund the account at the time of opening the account. If you fund the Business Checking Account with up to $10,000 you are eligible for a $400 bonus. Additionally, you will have to set-up a direct deposit to the account and the account must remain in good condition for 90 days to earn the bonus.
Once all the requirements are met, you will have access to a range of features to better your banking experience. If you are interested, be sure to check out this promotion as well as other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Credit goes to Lindsay for letting us know about this bank promotion. If you’d like to participate in our Rewards Program, simply contact us when you find a new bank promotion and get paid up to $15!
Editor’s Note: Additionally, Mercer Savings Bank is also offering a $200 Bonus when you open and fund a Consumer Checking Account. Check out our $200 Checking Bonus Review.
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Mercer Savings Bank $400 Bonus Info
- Direct Link to Offer
- Mercer Savings Bank $400 Business Checking Bonus PDF Printout
- Account Type: Checking Account
- Availability: OH (Bank Locator)
- Expiration Date: None listed
- Credit Inquiry: Unknown, Let us know
- ChexSystems: Unknown, Let us know
- Opening Deposit: $3,000 – $10,000
- Credit Card Funding: Unknown, Let us know
- Direct Deposit Requirement: Yes
- Monthly Fee: $0 – $7.50; See below
- Additional Requirements: See below
- Household Limit: None listed
- Closing Account Fee: Unknown
What Triggers Direct Deposit? Alternative Methods
Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus.
Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary(YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.
How To Earn Mercer Savings Bank $400 Bonus
- Open a ezChecking or NOW Checking Account at Mercer Savings Bank.
- You will have to fund the account at the time of opening. You will be eligible for a bonus based on your opening deposit:
- $3,000- $200 bonus
- $5,000 – $300 bonus
- $7,500 – $350 bonus
- $10,000 – $400 bonus
- Additionally, you will have to set up a direct deposit to your new account within 90 days of account opening.
- After 90 days, Mercer Savings Bank will verify if you completed these requirements and give you a bonus.
How to Avoid Monthly Fees
Strictly Business: The $7.50 monthly service fee is waived if you maintain a daily balance of $500, which you have to do anyways to receive the bonus.
Community Checking: There are no monthly service fees for this account.
Bottom Line
Make sure you check out Mercer Savings Bank to learn more about the $400 bonus promotion. Don’t forget, the $400 bonus will be reported on IRS Form 1099-INT.
Feel free comment below and let us know about how it went and if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, check out our full list of Bank Promotions for all your banking needs.
PROMOTIONAL LINK | OFFER | REVIEW |
U.S. Bank Silver Business Checking Package | $900 Cash | Review |
U.S. Bank Gold Business Checking Package | $900 Cash | Review |
U.S. Bank Platinum Business Checking Package | $900 Cash | Review |
Chase Business Complete Checking® | $300 Cash | Review |
Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $100 Cash | Review |
Axos Bank Basic Business Checking | $400 Cash | Review |
Axos Bank Business Interest Checking | $400 Cash | Review |
Regions Bank Business Checking | $150 Cash | Review |
NorthOne Business Checking | $20 Credit | Review |
Novo Business Checking | $75 Cash | Review |
BlueVine Business Checking | 2.00% APY | Review |
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