[CO, NM, AZ, In Branch Only] Bank of Colorado $750 Business Checking Bonus

Update 6/6/26: Bonus is now $750. 

Offer at a glance

• Maximum bonus amount: $500
• Availability: CO, NM, AZ, in Branch only
• Direct deposit required: No, but $5,000+ in ACH deposits
• Additional requirements:
• Hard/soft pull: Soft
• ChexSystems: Unknown
• Credit card funding: Up to $1,000
• Monthly fees: $5-$8
• Early account termination fee: Bonus forfeit, 90 days
• Household limit: One per bustomer
• Expiration date: 5/31/2026

The Offer

Direct link to offers: CO | NM | AZ (Not offered at NE, KS, MO or WY or TX)

• Bank of Colorado is offering a $500 bonus  when you open a new business checking accounts with promo code GROW and complete the following requirements within 90 days:
  • Receive $5,000 or more in ACH deposits or
  • Initiate 15 debit card purchases

The Fine Print

• Offer valid for new customers only.
• Limit one $500 bonus per customer.
• All checking accounts have a $100 minimum opening deposit.
• Bonus will be deposited into the account 90 days after account opening.
• Treasury Management services 60-day trial will start after setting up service during consultation.
• All accounts include free eStatements, additional fee applies for paper statements.
• Offer valid for new business accounts listed that are opened between 1/15/2026 – 5/31/2026 at any Bank of Colorado location.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

• Business growth has a $8 fee that is waived with an average daily balance of $3,500 ($5 paper statement fee as well). 
• Business analyst has $5 fee (with another $5 paper fee) that can’t be waived

Early Account Termination Fee

You must keep the account open for a minimum of 90 days otherwise you will forfeit the bonus. There is also an early account termination fee of $75.

Our Verdict

Annoying that it needs to be opened in branch. Not sure we have seen a business bonus from them before (although I feel like I just wrote these post a few weeks ago so I might be wrong). 

Hat tip to reader FunFix17

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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