Update 6/6/26: New $500 business checking bonus. Hat tip to reader Jimmy Johns.
Offer at a glance
- Maximum bonus amount: $500
- Availability: LA, MS, FL, AL, TX
- Direct deposit required: No
- Additional requirements: See below.
- Hard/soft pull: Soft
- ChexSystems: No
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: $25, 360 days and bonus forfeit 180 days
- Household limit: None
- Expiration date: 7/31/26
Contents
The Offer
- Hancock Whitney is offering a $500 bonus when you open a new business checking account in branch and complete the following requirements:
- Use promo code 2034SBCK26
- Set up and make $5,000 or more in deposits within 30 days of opening and maintain a minimum daily balance of $5,000 or more for 60 days
The Fine Print
- $500 Business Checking Offer Requirements: Use the required promo code provided when opening a new Preferred Business Checking, Interest Business Checking, or Essential Business Checking account with new money not currently held by Hancock Whitney Bank before this offer expires on 7/31/2026. To meet requirements, you must enroll in online banking and make at least $5,000 in qualifying deposits within the first 30 days from opening your business checking account. You must continue to maintain the $5,000 or more balance for the next 60 days to receive the payout. If you meet the 90-day Requirements the Offer Payout will be deposited into your Business Checking Account within 45 days.
- This offer is available to new-to-bank or existing Hancock Whitney checking clients who currently do not have a business or commercial checking account; have not closed a business or commercial checking account in the past 90 days; or did not have a checking account closed with a negative balance in the past three (3) years.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Essential checking has no monthly fees to worry about.
Early Account Termination Fee
Bonus deducted if closed within 180 days, $20 fee if closed within 360 days.
Our Verdict
Last business bonus I remember from them was $400 but that was back in 2017 (highly possible I missed some in between). Requirements aren’t the worst but having to open in branch does kill a lot more time in my experience. Debatable if it’s worth it for $200 but will depend on your circumstances. Will still add to our best business checking bonuses.
Hat tip to reader ShawntheShawn
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
