Business Value Program

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Frequently Asked Questions 

Reward Information 

1. New business checking account with new money only. Existing business checking account customers are not eligible. A new business checking account is defined as any new business checking account that does not have any authorized signatures in common with any other existing Flushing Bank business checking account(s). An existing checking customer is defined as anyone who currently has or has had a Flushing Bank checking account within the last 24 months. New money is defined as money not currently on deposit with Flushing Bank.

2. You must deposit a minimum of $100 to open a business checking account. No minimum balance required to be eligible for the Bonus. You will receive $100 for the completion of 5 debit card purchases. And $100 for the completion of 5 online banking bill-payments via Flushing Bank’s Online Banking portal. Each debit card purchase and each online bill-payment must be $25 or more and must be completed prior to 60 days after the account is opened. THE MAXIMUM AMOUNT A BUSINESS CHECKING CUSTOMER CAN RECEIVE IS $200. The compensation will be credited to the checking account on or about the end of the month following the completion of the qualifying transactions. A 1099 will be issued in the amount credited to your account. Other fees and restrictions may apply.

3. A minimum opening deposit of $15,000 is required in the Complete Business Checking account to qualify for the Value Program gift. The gift tier is based on the 90-day average balance of the new Complete Business Checking account. The minimum 90-day average is $15,000 to qualify for the minimum gift tier. Notwithstanding the Value Program, a minimum deposit of $100 is required to open the Complete Business Checking account.

4. You must maintain a daily balance of $15,000 for the statement cycle to receive the 90-day rate in the Complete Business Checking Plus. The 90-day rate will remain in effect for 90 days after account opening. At the end of this 90 day period the annual percentage yield will revert to the rate tier corresponding to the account balance. A minimum deposit of $100 is required to open the account, but a minimum daily balance of $15,000 is required  to earn interest. Rates may change at any time without notice.

All offers are subject to change and termination without prior notice at any time.
Speak with a Flushing Bank representative for more details.