Heads up, Wisconsin residents! WaterStone Bank is offering a sweet $300 bonus for opening a new business checking account. The deal is pretty straightforward: open a new Business Checking account and maintain a $2,500 average balance, plus enroll in Check or ACH Positive Pay. It's important to note that this offer is only available in Wisconsin. To avoid any snags, remember a few key details. You need $100 to open the account, and to snag the bonus, you'll have to keep the account open and active for the entire statement cycle. The bonus will be paid at the end of the first full statement cycle. Also, if you've closed a WaterStone Bank checking account in the last 180 days or received another incentive in the past 5 years, you're out of luck. You will also be charged a $30 early account termination fee if you close the account within 180 days. Why should you care? Bank bonuses are essentially free money! This is an easy way to pad your travel fund or cover some of those pesky travel expenses. Just make sure you read the fine print and understand the requirements to avoid any fees and make sure you qualify! Remember that the bonus is considered income, so you'll have to pay taxes on it.