Earn up to $700 With a New Amex Business Checking Account [Targeted]

Updated: September 16, 2025, 9:48am CDT

Edited by:

Jump to Section

Table of Contents

How To Unlock the Amex $700 Business Checking Bonus
Final Thoughts

We may be compensated when you click on a link, when an application is approved, or when an account is opened from one or more of our advertising partners. Terms apply to the offers below. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. Opinions and recommendations are ours alone.

We don’t cover bank accounts often at Upgraded Points, but every so often a big enough offer comes along that we feel compelled to share it with you.

Right now, American Express is targeting some customers with a lucrative business checking welcome bonus worth up to $700 — one of the strongest cash bonuses we’ve seen from Amex. If you’re not targeted for the $700 offer, there are offers available hat might still be worth considering, depending on your cash flow and business needs.

Here’s what you need to know.

How To Unlock the Amex $700 Business Checking Bonus

If you’ve been targeted, there’s a nice little bonus waiting for you: up to $700 just for opening a new Amex Business Checking account and completing a few straightforward steps. While the requirements might sound like a lot at first glance, most are simple actions that many small business owners already do regularly.

Screenshot — Image Credit: American Express

Here’s the breakdown of how to claim this bonus:

Deposit at least $15,000 in eligible funds within 30 days of account opening
Maintain an average balance of $15,000 for the next 60 days
Make 5 or more qualifying transactions within 60 days

Qualifying transactions include mobile deposits, mailed check deposits, and electronic/online payments like ACH, wire transfers, and bill payments. Debit card purchases and transfers from another Amex Business Checking account won’t count.

It’s worth noting that this is a targeted offer. Some customers are seeing a smaller $300 bonus with easier requirements, while others may not be targeted at all. If you have an Amex account, check your offers page or click here to see if you’ve been targeted.

Hot Tip:

The $700 bonus is enticing, but you’ll need to keep $15,000 in the account for at least 2 months. The account earns 1.30% APY on balances up to $500,000. It’s not the highest rate out there, but your money can still grow a bit and stay accessible for your business needs — all while you meet the bonus requirements .

Final Thoughts

Bank account bonuses usually fly under the radar in the points and miles world, but this Amex Business Checking bonus, worth up to $700, is hard to ignore if you’re targeted. With simple requirements — deposit, maintain a balance, and make a few transactions — it’s one of the most generous business banking bonuses available today.

As with all targeted promotions, not everyone will see the same offer. Still, if you’re eligible and have the cash to commit, this could be a simple way to add a quick $700 to your business’ bottom line.