[IL, IN, KY, MI, MN & WI, ND In Branch Only] Old National Bank $400-$800 Business Checking Bonus
Update 7/5/26: Bonus used to be $500 for $7,000 deposit. Now it’s either $400-$800 for $4,000-$20,000 deposit and maintenance period.
Extended to 6/30/2026
Update 10/29/25: Now available in ND due to Bremer Bank acquisition
Offer at a glance
- Maximum bonus amount: $500
- Availability: IL, IN, KY, MI, MN & WI, In Branch Only
- Direct deposit required: No
- Additional requirements: See below
- Hard/soft pull: Soft
- ChexSystems: Unknown
- Credit card funding: Up to $500, can fund with American Express, Visa & Mastercard
- Monthly fees: None
- Early account termination fee: $25, 180 days
- Household limit: None
- Expiration date: 9/30/2025
The Offer
- Old National Bank is offering a $400 bonus when you open a new business checking account and complete the following requirements:
- Deposit a total of $4,000 or more within 30 days of account opening
- Maintain a minimum balance of $4,000 for days 31-90 of account opening
- Log in to Small Business Digital Banking within 30 days of account opening
- $800 bonus when you complete the following requirements:
- Deposit a total of $20,000 or more within 30 days of account opening
- Maintain a minimum balance of $20,000 for days 31-90 of account opening
- Log in to Small Business Digital Banking within 30 days of account opening
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
Free business checking has no monthly fee to worry about (available in all states apart from Wisconsin). Essential business checking account is required in Wisconsin, not sure if this has a monthly fee or not.
Early Account Termination Fee
There is an early account termination fee of $25 if closed within 180 days.
Our Verdict
Seems much easier than previous business checking bonuses from Old National (here & here). Think it is worth doing but unfortunately needs to be opened in branch. Added to best business checking bonuses.
Hat tip to reader Mike
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