[GA, NC, SC, VA, FL, AL, TX, CO, TN] South State Bank $600 Business Checking Bonus

Update 5/2/26: Bonus now up to $1,000. Only really $600 is worth considering as $400 requires merchant services/Treasury Management services. The $200 for $50,000 is difficult as you need a large amount of liquid cash but only needs to be in the account day 90. Hat tip to reader Kiwi

Offer at a glance

Maximum bonus amount: $400
Availability: GA, NC, SC, VA, FL, AL, TX, CO, TN
Direct deposit required: No
Additional requirements: See below
Hard/soft pull: Soft pull
ChexSystems: Yes
Credit card funding: Up to $250
Monthly fees: None
Early account termination fee: $25, 90 days
Household limit: None
Expiration date: None

Contents

1 The Offer
2 The Fine Print
3 Avoiding Fees
- 3.1 Monthly Fees
- 3.2 Early Account Termination Fee
4 Our Verdict

The Offer

Direct link to offer

SouthState Bank is offering a $400 bonus when you open a new business checking account and complete the following requirements:
- Use promo code LEVELUP
- Complete one of the following:
  - Make a minimum of 15 debit card purchases/payments, OR
  - Have cumulative ACH credits of at least $5,000.
You can get another $600:
- Get another $200 with $50,000 or more in your new business checking account at the end of the 90-day qualifying period
- Get an extra $200 plus streamline and secure your business’s cash flow operations when you enroll in SouthState’s Treasury Management service
- Earn another $200 when you choose one of our industry-leading payment equipment options through SouthState Merchant Services and process $200 in transactions to your new business checking account

The Fine Print

Promotional offer applies to new business checking accounts (excluding IOTA/IOLTA and Association Checking) opened during the promotional period with the promo code SB400. To open an account at a branch location, a $50 minimum deposit is required. Location and business type restrictions may apply and offer not available to employees of SouthState Bank, N.A. or its subsidiaries. Offer is limited to one per business, cannot be combined with any other business checking or deposit offer, or reproduced, purchased, sold, transferred or traded. SouthState reserves the right to modify or discontinue the offer at any time without notice.
- Eligibility & Qualifications: To receive the $400 bonus, you must meet the following criteria:
  At account opening, the business cannot have another SouthState business/commercial checking account, or have had a SouthState business/commercial checking account in the past 12 months.
- Within 90 calendar days of either the date the account is opened or the next business day if opened on a non-business day, you must have:
  - – 15 or more posted and cleared debit card purchases/payments from the account; OR
  - – Cumulative ACH credits of at least $5,000. (Note: Internal account transfers, mobile deposits, debit card deposits, and deposits made at a banking location or ATM do not qualify as an ACH Credit for purposes of this promotion.
Your account must be open with no changes to the product type (i.e. Small Business Checking, Business Gold Checking, Community Checking, Commercial Checking, etc.) at the time of payment.
Promotional Bonus Payment: If you meet all of the Eligibility and Qualifications above, we will post the $400 bonus to your account within 2 business days of the completion of the 90 calendar day qualifying period. The bonus will be reported to the appropriate taxing authorities, as required by law or regulation.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Small business checking account has no monthly fees.

Early Account Termination Fee

$25 if closed within 90 days.

Our Verdict

There is also a $200 personal checking bonus as well that doesn’t require a direct deposit. Definitely worth doing but not sure what business documents are required.

Hat tip to reader Gadget

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