[CA only] KeyPoint Credit Union $500 Business Checking Bonus

Update 8/15/26: Deal is back with promo code BUS26. 

Offer at a glance

• Maximum bonus amount: $500
• Availability: CA
• Direct deposit required: None
• Additional requirements: Use promo code
• Hard/soft pull: Soft pull
• ChexSystems: Unknown, sensitive
• Credit card funding: $500
• Monthly fees: $15, avoidable
• Early account termination fee: None
• Household limit: None
• Expiration date: None

The Offer

Direct link to offer

• KeyPoint Credit Union is offering a $500 bonus when you open a new business elite checking account and complete the following requirements:
  • Use promo code BUS26
  • maintain an average daily balance of at least $2,000
  • Use your new debit card(s) to make 20 purchases

The Fine Print

• Offer may be cancelled at any time.
• May not be combined with any other promotion.
• KeyPoint Membership required.
• To qualify for bonus, Business Member must (a) maintain minimum average daily balance of $2,000 for 90 days following account opening date and (b) use account business debit card to make a minimum of 20 POS purchases of at least $5.00 within 90 days following account opening date.
• Deposits, Payments, Returns, and Miscellaneous transactions do not count toward the required purchases.
• $500 bonus credited to checking account within 90 days of meeting requirements.
• Offer good for new Business Members only—former Business Members who closed an account within two years of new account open date are not eligible for bonus.
• KeyPoint officials and employees are not eligible.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has a $15 monthly fee, this is waived with a minimum $2,000 average daily balance

The required business membership savings has a $500 average daily balance requirement to waive the $5/month fee.

Early Account Termination Fee

I wasn’t able to find an early account termination fee in the fee schedule.

Our Verdict

There is also a $300 personal checking bonus as well. This business bonus is worth doing as well as the requirements are easy. Will add this to our list of the best bank account bonuses.

Hat tip to reader Davis

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?
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