Find the best Cathay Bank bonuses, promotions, and offers here.
Currently, they are offering a generous $700 bonus when you open a Business Checking account.
Cathay Bank Bonuses Review
Cathay Bank is headquartered in Los Angeles, California and was established in 1962. Since then they have grown to 65 locations, offer money market rates are 14% higher than the national average, and they boast an A+ health rating.
- Promotion Links:
- $700 Business Bonus (12/31/2019)
- Account Type: Checking Account
- Availability: CA, IL, MA, NJ, NY, NV, TX, WA
- Branches: 65 (Bank Locator)
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Direct Deposit Options: Yes
Our Savings, Money Market, and CD Rates has other great promotions which I recommend you check out.
If you don’t live in this area, you can use our bank bonuses page to find other offers. Popular banks like Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more offer great promotions that you can take a look at.
I’ll go over the Cathay Bank offers below.
Cathay Bank $700 Checking Savings Bonus
First Home Bank is offering a $700 bonus when you open a checking and savings account.
- What you’ll get: $700 Bonus
- Eligible account: Advantage Business Checking Account
- Credit inquiry: Soft Pull or Hard Pull?
- Where it’s available: FL
- How to earn it:
- Open an Advanced Business Checking account by December 31, 2019.
- Sign-up for Merchant Services and process at least one $10 transaction by January 15, 2020.
- When you’ll receive it: You will receive the bonus within 30 days of the date your first direct deposit is received.
- Monthly fee: None
(Member FDIC)
I recommend checking out other great promotions such as ones from the following popular banks: Chase Bank offers $200 & $300 bonuses, TD Bank offers $150 & $300 bonuses, Huntington Bank offers $150 & $200 bonuses, Discover Bank offers $360 bonus, and HSBC Bank offers $350 & $750 bonuses.
How To Earn the $700 Bonus
- Open a Advanced Business Checking Account
- Account must be opened during the promotion period with new money only
- Advanced Business Checking: $3,000 minimum opening deposit
- Sign-up for Merchant Services and process at least one $10 transaction
- Merchant Services
- Wire Transfers
- Online and Mobile Banking
- Bill Pay
- Treasury Management Tools
- FDIC Insured
- Business Debit card
- The $15 monthly service fee is waived with at least a $3,000 daily average balance.
- Cathay Merchant Services are offered through Elavon, Inc.
- To qualify for credits, funding account must be a Cathay Bank business checking account and new merchant account must be established between September 16 and December 31, 2019, and activated by processing at least a $10 transaction by January 15, 2020
- If either of these qualifiers is not completed by the required date, all credits will be forfeited. Applicable merchant account fees must be collected before account credits will be processed
- $500 merchant statement credit applies toward the purchase or lease of new processing equipment/software solutions or setup costs.
- Peripherals, such as card readers and pin pads, do not qualify for the equipment credit
- Merchant statement credits will be applied to the Elavon statement the month following account activation
- $200 Cathay checking account statement credit will be applied within 90 days of activation. ©2019 Elavon Inc.
- Elavon is a registered trademark in the United States and/or other countries
- All rights reserved. Offer subject to change without notice
Conclusion
If you are a currently a resident within the participating locations of Cathay Bank, take full advantage of this great bonus and find your nearest branch today! Make sure to take note that $500 of the bonus must be used on new equipment.
Don’t hesitate to comment on this post with any questions you may have about Cathay Bank, their accounts they offer, or coupon codes.
Check back often for more Cathay Bank Bonuses, Promotions, or Offers!
The Best Bank Offers are updated here. See the below pages to get started with some of the best offers: • Chase Bank Offers. Chase offers a range of attractive Checking, Savings and Business Accounts. Chase has a great selection of sign-up bonuses in comparison to other big banks. • HSBC Bank Offers. HSBC Bank routinely has offers for several of their Personal Checking and Business Checking accounts. They also have a good referral program. • Huntington Bank Offers. Huntington Bank has high bonus amounts available through their Checking and Business Checking. Huntington also offers a Business Premier Money Market Account. • Discover Bank Offers. Discover Bank offers top cashback, savings, money market accounts and CD rates for you to take advantage of. Discover has industry leading selections to cater to your banking needs. • TD Bank Offers. TD Bank consistently offers a fantastic selection of checking accounts to cater to your banking needs. However, savings account offers are less frequently available. |