Wow: Capital One Business Checking $1,000 Bonus Offer

Capital One is extending a welcome bonus of up to $1,000 to new customers who open a business checking account and deposit funds. Full details below.

For more current bank offers, see our bank bonuses page. The most popular offers are from Chase Bank, SoFi, KeyBank, BMO and Axos Bank.

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Capital One Business Checking Account $1,000 Offer

Open a new Capital One Basic or Enhanced Checking account and earn up to a $1,000 bonus. You’ll get one of two bonus amounts depending on how much you deposit into your new checking account.

Bonus Requirements

1. Open a Capital One business checking account using this link.
2. Add promo code BIZBONUS1000 during account registration.
3. Deposit $5,000 to earn a $500 bonus OR deposit $30,000 to earn a $1,000 bonus within 30 days of account opening AND maintain the minimum required balance for either bonus tier for at least 60 days during the first 90 days of account opening.
4. Make 10 qualifying electronic transactions within 90 days of account opening.
5. Receive the bonus within 60-90 days of completing all the steps above.

Qualifying electronic transactions include electronic wires, electronic ACHs, and remote check deposits.

Users who had any Capital One Business checking account open in the last 365 days are not eligible for the bonus.

Offer Overview

Availability: Nationwide
Expiration: 11/20/2025
Household Limit: None
Direct Deposit Required: No
Soft/Hard Pull: Soft
Chex Sensitivity: Pulls (EWS sensitive)
Early Account Termination Fee: None

Offer Terms & Conditions

• Apply for a new Basic or Enhanced checking account online by 11:59 p.m. ET of the promotion end date, with the promo code BIZBONUS1000. Promo code MUST be used when completing the online application.
• The amount of the bonus will be reported to the IRS (and state revenue authorities, where required) on IRS Form 1099‑INT for tax year in which you receive the bonus.
• If at any time during the offer period your account is in default, closed, suspended, or otherwise not in good standing, you will not receive the bonus.
• Applicants who are users on Capital One Business checking accounts open in the last 365 days are ineligible for the bonus.
• Only one account per business will be eligible for the bonus offer.

Business Checking Account Fees

Both business checking accounts will charge a monthly service fee beginning on the third statement cycle from account opening. However, the monthly fee can be waived if your balance reaches a specific amount as follows:

Basic Checking

There’s a $15 monthly service fee, which is waived if you have at least a $2,000 balance over the prior 30 day or 90 day period, whichever is higher.

Enhanced Checking

There’s a $35 monthly service fee, which is waived if you have at least a $25,000 over the prior 30 day or 90 day period, whichever is higher.

The Bottom Line

I plan on doing this deal. A $1,000 bonus for a $30,000 deposit for roughly two to three months is a great offer.

That’s an annualized return of 13.33%!

I recommend the Basic Checking account because it’s the easiest to avoid the monthly service fee. There are not a lot of differences between the accounts, but there are a few which may or may not be important to you.

For example, the Enhanced Checking account provides free incoming wires and waives the fee for the first five outgoing wires while the Basic Checking charges for both. It also allows for more cash deposits at a teller before charging a transaction fee applies ($40,000 vs $5,000).