Arc Business Account: A Straightforward $500 Bonus for Keeping $10,000

If you've got a business and some cash sitting around, Arc is offering a pretty clean bonus opportunity. The old $600 deal is gone, but the new $500 offer is still worth a look, especially since there are no monthly fees to worry about. Here's what you need to know to decide if this one fits your situation.

How the Bonus Works

The requirements are pretty straightforward. You open a new Arc Business account, then you need to get $10,000 into that account within 10 days of opening. That first day your balance hits $10,000 is called your "Promo Funding Date."

From there, you've got to keep an average daily balance of at least $10,000 over the next 90 days. And on the very last day of that period, your balance still needs to be at $10,000 or more. Pending transfers don't count, so make sure the money has fully settled.

Once you've met all three conditions, Arc will drop the $500 into your account within 10 business days after the 90 days are up. Not bad for parking money you might already have earmarked for operating expenses.

• Open a new Arc Business account through the offer page.
• Deposit $10,000 within 10 days of account opening.
• Maintain an average daily balance of $10,000 for 90 days.
• Keep at least $10,000 in the account on the final day of the 90-day period.
• Receive $500 bonus within 10 business days after the period ends.

What Makes This Offer Stand Out

First off, there's no direct deposit requirement. That's a big plus if your business doesn't use direct deposit or if you just want to move money over from another account. Also, Arc doesn't charge any monthly maintenance fees, minimum balance fees, or usage-based fees on the Business account. So you won't lose part of your bonus to hidden costs.

Another nice touch: the bonus is paid in a lump sum after the holding period, not in installments. And since there's no early account termination fee listed, you could theoretically close the account after the bonus posts — though I'd recommend leaving it open for a bit to avoid any clawback risk. Always read the fine print.

Things to Watch Out For

The biggest gotcha is the balance requirement. You need to hit $10,000 within 10 days, then maintain that average over 90 days. If your business has seasonal cash flow, make sure you can commit to keeping that money in the account for three months. Also, pending transfers don't count toward the balance, so plan your deposits carefully.

This offer is only for new Arc customers. If you've already got an Arc account, you're out of luck. And you can't combine it with any other promotions. The offer might also change or end without notice, so don't sit on it too long.

One more thing: Arc is a fintech platform, not a traditional bank. Your funds are held at partner banks, but it's worth understanding how their FDIC insurance works and what customer support is like before you move a big chunk of cash.

Bottom Line

• Earn $500 by depositing and maintaining $10,000 for 90 days.
• No monthly fees, no direct deposit requirement.
• Only for new Arc customers — apply through the offer page.
• Bonus paid within 10 business days after the 90-day period ends.
• Offer may change without notice, so act soon if interested.

Common Questions