Offer at a glance

  • Maximum bonus amount: $100
  • Availability: IA, IL
  • Direct deposit required: Yes, ach counts
  • Additional requirements: Below
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Household limit: None
  • Expiration date: None listed

The Offer

Direct link to offer

  • Blackhawk Bank & Trust is offering a $100 bonus when you open a new checking account and complete the following requirements:
    • Maintains the account for 180 calendar days from account opening.
    • Has at least sixty (60) total posted and settled debit card transactions (or at least ten (10) per monthly statement cycle).
    • Has at least six (6) total posted and settled direct deposits or automatic payments (ACH) (or at least one (1) per monthly statement cycle).
    • Remains enrolled in E-statements during each monthly statement cycle. Minimum balance to open account is $50.

The Fine Print

  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any EATF.

Our Verdict

A lot of requirements for only a $100 bonus, don’t think this is worth doing personally (especially the debit card requirement) but might be worth it for some people. We won’t add it to the best bank account bonuses.

Useful posts regarding bank bonuses:

William Charles

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