SkyOne Federal Credit Union is offering a hefty bonus for businesses, up to a whopping $50,000! Here's the deal: you can snag a 1% bonus on qualified deposits, but you have to maintain a balance of at least $100,000 for 90 days. The offer's good until October 31, 2025, giving you plenty of time to consider.

Now, why should you care? Well, if you're a business owner with some serious cash reserves sitting around, this could be a lucrative opportunity. The bonus is essentially an extra 4% APY on top of whatever interest the account already earns. For existing SkyOne business members, the bonus only applies to amounts above your average balance from the previous 90 days. Also, remember the bonus is considered interest, so you'll owe taxes on it.

Finally, it's worth noting that while there aren't any monthly fees, you'll need to tie up a significant chunk of change for those 90 days. As "Doctor Of Credit" notes, a high-yield savings account might offer a better APY without the deposit requirements.