Update: Just a reminder, you must open the account by 11/20 to get the cash!
Originally posted on 10/21:
Business Offer: Up to $275
You need to open the account by 11/20 and perform the required actions by 01/22/10.
Im my opinion the best account to open for this promotion is the Key Business Money Market Checking. You need to maintain $2,500 in the account to waive the $12 monthly fee. If you don’t have the $2,500 to lay out consider the Key Business Reward Checking account which has no fee for the first 2 months and a $15 fee thereafter. Expect having to keep the account open for about 3 months to receive the $275. If you close any account within 180 days from the date of opening there will be a $25 fee.
All you need to do for the business account is to open an account as a sole proprietor, no business documentation will be required. Then just sign up for online access and make 2 bill payments of just $1 each and you will get $275 in cash!
The terms say that you will get the $275 within 90 days of meeting the requirements, but when I performed a similar offer in April (I funded a Key Business Money Market Checking with $2,502, signed up for online banking, and made 2 bill payments for $1) it took less than 60 days to get the promotion.
You can only get 1 Key promotion per business account in a 12 month period.
You will get a 1099 tax form for the $275.
Offer is valid in “Alaska, Colorado, Connecticut, Florida, Idaho, Indiana, Kentucky, Maine, Michigan, New York, Ohio, Oregon, Utah, Vermont, and Washington.”