Checking Account
Business

M&F Bank

M&F Bank $500 Business Checking Bonus

$500bonus
~19.21% APY equivalent

$500 bonus / $10,000 deposit × 365 / (90d hold + 5d float)

Required Deposit

$10,000

Time to Complete

90 days

Requirements

Required Deposit: $10,000

Deposit required to qualify for bonus

Maintain at least a $10,000 daily balance for the first 3 full statement cycles after account opening.

Bonus Timeline

Bonus Posts Within28 days after meeting requirements
Keep Account Open90 days minimum
Monthly RequirementsMaintain at least a $10,000 daily balance for the first 3 full statement cycles after account opening.

Fine Print

Credit PullUnknown
Household Limitnone
New Customers OnlyYes — no account in last 6 months

Fees & Terms

Monthly Fee$20.00
Fee WaiverMaintain a $10,000 minimum daily balance.
Early Termination Fee$1000.00

Details

Open a new M&F Bank Performance Business Checking account between 2026-01-01 and 2026-06-30, deposit at least $10,000 in new money within 14 days, and maintain at least a $10,000 daily balance for the first 3 full statement cycles within 90 days of account opening to earn a $500 bonus. Bonus is paid within 4 weeks after requirements are met and verified, and the account must remain open and in good standing with at least $1,000 at bonus payout.

Availability

NC

Last updated: May 31, 2026