Here's the text from an email I got:

Small business savings with big time benefits

Open an account by February 28, 2010 and make sure you use Reference Code BSA298 to be eligible for the $100.


PS: Don't have a business? Have friends with a business? Forward this offer to them.

ING DIRECT variable rate effective since 1/15/10. Source for national average for business savings account is Informa Research Services as of 1/12/10 and based on a balance of $2,500. Bonus is deposited at time of new account opening, and is available for withdrawal after 30 days.

I sell a few items on eBay every week. Does that count as a small business?

Looks like an easy 100 bucks. Green for you, OP.

SUCKISSTAPLES said:only easy if you have a legititmate business , business license or dba papers,and preprinted checks with your business name

This isnt as easy as opening a business credit card

Yes, I guess I should of prefaced my comment with that.

I think it's a hard pull Muoot.

treepuppy said:SUCKISSTAPLES said:only easy if you have a legititmate business , business license or dba papers,and preprinted checks with your business name

This isnt as easy as opening a business credit card

If you're a sole proprietor (yourself) though then all of this looks easy as far as I can tell.

What would prevent someone from using a self SSN and a personal checking account to sign up for this business account?

DreamKrusher said:This page shows what you will need in terms of documentation:

link

bonus is available for withdrawal after 30 days and the forms are required within a 60 day period??? LOL! Forms might not even be required to be sent in since the account can be closed and the bonus withdrawn after 30 days.

For SOLE PROPRIETORSHIP, ALL of the following are required:

After you have opened your account online, you must complete these documents and fax them to 1-866-487-7480 or email them to bizdocs@ingdirect.com to complete the account opening process.

1. Resolution Form

BOTH SECTIONS MUST BE COMPLETED IN ORDER FOR THIS FORM TO BE ACCEPTED
Date: _______________________________________________________________________________________
Full Legal Name of Business: _________________________________________________________________
State of Formation:__________________________________________________________________________
Business Phone Number (given in application) ( ) __ __ __ - __ __ __ __

Section A
This section is for the information of the individuals who will be authorized to conduct banking activities for the business.

By signing this form the above signatories agree to act on behalf of the business and to be bound by the terms and conditions, laws and regulations applicable to each Business Savings Account and/or Business Certificate of Deposit opened for the business.

Printed Name of Signatory
_____________________________________________
_____________________________________________
_____________________________________________

Signature of Signatory
_____________________________________________
_____________________________________________
_____________________________________________

Section B
This section is for the individuals who need to approve the individuals above to operate banking accounts on the business’s behalf. Depending on your type of business, the titles of these individuals are different.

*Use the following list to determine who needs to sign: Sole Proprietorship needs the Sole Proprietor to sign (needs to sign in section A as well), Corporations and Nonprofits need all Directors to sign, General Partnerships need all Partners to sign, Limited Partnerships need all General Partners to sign, LLCs need all Managing Members to sign. If there are more than 5 of these individuals, include the same information for the additional individuals on extra sheet(s) of paper.

Printed Name of Authorizer
_____________________________________________
_____________________________________________
_____________________________________________
_____________________________________________
_____________________________________________

Signature of Authorizer
_____________________________________________
_____________________________________________
_____________________________________________
_____________________________________________
_____________________________________________

By signing this form the individuals in Section B authorize the individuals in Section A to open a Business Savings Account and/or a Business Certificate of Deposit for the business and to authorize any and all transactions on the accounts/CDs.

This Authorized Signer Resolution replaces all prior Resolutions signed on behalf of the business relating to a Business Savings Account and/or a Business Certificate of Deposit. If any changes are made to the signatories for the business, a new Resolution must be sent to ING DIRECT to verify the changes.

2. Proof of Existence Document

ONE of the following is required:

* Copy of Current Business or Occupational License

-or-

* Copy of Current Tax Registration Certificate, Permit or Declaration for any State or Local Tax, for example:
o Sales Tax
o Use Tax
o Excise Tax
o Gross Receipts Tax
o Documentary Stamp Tax

-or-

* Copy of Fictitious or Assumed Name Certificate. Also known as:
o Trade Name Registration
o DBA (Doing Business As) Registration
o Fictitious Name Statement
o Statement of Trade Name

3. Voided Check with the Exact Business Name Preprinted

My experience opening Chase Buinsess account:

Chase Branch:: I have opened 3 in the last 3 years as a sole prop. using my ss#. Received $200 bonus each time.

Chase On-line: Requires similar proof of business as required by Ing. I have tried opening accounts on-line twice. I have never been sucessful in getting Chase to fully open the account. I Always received the initial account openign paperwork. However, Chase never acknologed receiving my proof docs. I admit, I did not send them exactly what they asked for.

Datapoint:-

Jan 30: Applied online.
Feb 1: E-mailed documentation for LLC.

Feb 1, 2010 Deposit from linked XXXXXXXXXXXXX BANK, N.A. checking account XXXXXXXXXXX 250.00 350.01 
This deposit will be available for withdrawal on Feb 16, 2010    
Jan 31, 2010 Monthly Interest Paid 0.01 100.01 
Jan 30, 2010 Account Opening Bonus 100.00 100.00

Easy $100. Thanks OP