FNBO Bank – $250 CO, KS, NE, IA, SD, IL, KS, TX

Also available online now, no longer in branch only.

Update 7/12/26: Extended to 12/31/2026

Extended to 12/31/2025

Offer at a glance

• Maximum bonus amount: $500
• Availability: IL, NE, KS, TX, CO
• Direct deposit required:No
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Unknown, sensitive
• Credit card funding: None
• Monthly fees: No
• Early account termination fee: None
• Household limit: No
• Expiration date:  08/15/2025

The Offer

Direct link to offer

• FNBO Bank is offering a $250 bonus when you open a new free business checking account and complete the following requirements:
  • Use promo code 250BIZ
  • Deposit $1,000 in deposits OR complete 10 debit card transactions in 31 days from account opening

The Fine Print

• Get a $250 cash bonus offer when you open a new FNBO Free Business Checking Account and:
  • Have qualifying deposit(s)of $1,000. A qualifying deposit(s) is defined as new money2. To receive the bonus offer, a minimum qualifying deposit(s) totaling $1,000 must post to your Free Business Checking account within 31-day of the account open date. Transfers from a bank or brokerage account do not constitute as a deposit(s). The $250 bonus offer will be credited to your account with $1.00 at time of account opening and $249.00 within a 31-day period once the bonus offer requirements are fully met and the account is open and in good standing1 only. Accounts must be open by 08/15/2025 to be eligible. OR
  • Complete 10 or more qualifying debit card purchases that post and clear the account within 31 days of account opening date. Qualifying debit card purchases are made at point of sale using your signature or PIN, or electronically or online using your debit card number, including recurring payments within a 31-day period of the account being opened. The $250 bonus offer will be credited to your account with $1.00 at time of account opening and $249.00 within a 31-day periods once the bonus offer requirements are fully met and the account is open and in good standing1 only. Accounts must be open by 08/15/2025 to be eligible.
• The Free Business Checking Bonus Offer will be credited to your account within a 31-day period from the date we receive your total qualifying deposit(s) or qualifying debit card purchases1,2. The account must be open and in good standing1 to receive the bonus offer. 
• Account bonuses are subject to IRS reporting and will be reflected on a 1099-INT statement. 
• The customer is responsible for providing the received promo code “250BIZ” (not case sensitive) to a banker at time of account opening. Failure to do so may result in not receiving the bonus offer. 
• The account must be open and in good standing1 to receive the bonus offer. Offer valid only in FNBO branded branches in CO, IA, IL, KS, NE, SD, TX, and WY. Offer valid for new Free Business Checking customers, one new account and limited to only one opening bonus offer. A new Free Business Checking customer is defined as an applicant who does not have an open Free Business Checking, Premium Checking or Analyzed Checking account at the time of the campaign launch of 02/28/2025. FNBO has discretion to determine what constitutes a new Free Business Checking customer. Accounts must be open by 08/15/2025 to be 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 no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find a fee schedule.

Our Verdict

Previously there was a $500 bonus but that was much more difficult to meet the requirements for. I think this is a better bonus for most people and will add it to our list of the best business checking bonus accounts.

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?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times