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2019 Business Banking Promotion

From your business idea to international expansion.

We’re ready to help you tackle what’s next – enjoy these limited time offers.

Open Advanced Business Checking, and for the initial 6 months

Sign up for Merchant Services 3 and enjoy up to $700 statement credit

Promotion period: September 16 to December 31, 2019

See important details below.


  1. Offer valid for Advanced Business Checking only. Account must be opened during the promotion period with new money only. Advanced Business Checking: $3,000 minimum opening deposit. $15 monthly maintenance charge and monthly activity fees may apply. $3,000 minimum balance required to waive monthly maintenance charge (waived for first six months after opening). Activity fees still apply.
  2. Rebate on 2 international outgoing wire fees OR 2 domestic outgoing wire fees when originated online. Offer valid for new customers opening Advanced Business Checking Account during the promotion period and maintaining a daily average balance of $25,000 or more in the month the wire(s) are sent. Rebate up to $40 will be credited to the account at the end of the month the wire(s) are initiated and sent.
  3. Cathay Merchant Services are offered through Elavon, Inc. To qualify for credits, funding account must be a Cathay Bank business checking account and new merchant account must be established between September 16 and December 31, 2019, and activated by processing at least a $10 transaction by January 15, 2020. If either of these qualifiers is not completed by the required date, all credits will be forfeited. Applicable merchant account fees must be collected before account credits will be processed. $500 merchant statement credit applies toward the purchase or lease of new processing equipment/software solutions or setup costs. Peripherals, such as card readers and pin pads, do not qualify for the equipment credit. Merchant statement credits will be applied to the Elavon statement the month following account activation. $200 Cathay checking account statement credit will be applied within 90 days of activation. ©2019 Elavon Inc. Elavon is a registered trademark in the United States and/or other countries. All rights reserved. Offer subject to change without notice.

Cathay Bank reserves the right to withdraw these offers at any time.


Also read "3 questions to ask before opening a business checking account." 

Interest Form

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