Update 4/13/24: Bonus is back until June 30, 2024 but not requires a direct deposit. Hat tip to reader Bockrr
Offer at a glance
- Maximum bonus amount: $200
- Availability: They have branches in ND & MN. This promo is supposed to be for the Glendale branc, but there is an online code that can be used
- Direct deposit required: Yes
- Additional requirements: Use promo code
- Hard/soft pull: Soft pull
- ChexSystems: Unknown, not sensitive
- Credit card funding: Can fund up to $1,000 with a Visa or Mastercard
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: One
- Expiration date: August 31st, 2019
The Offer
- Bell Bank is offering a bonus of $200 when you open a new checking account and complete the following requirements:
- Use promo code GLENAZ200
- 2 or more recurring direct deposits totaling $1,500 or greater, excluding transfers from another bank
- 10 point-of-sale debit card transactions or a recurring automatic payment.
The Fine Print
- You will receive $200.00 after your new first-time personal checking account has been opened for 60 days and a direct deposit or an automatic payment has occurred.
- After qualifications are met, bonus will be deposited into account within 5 business days.
- Limit of one bonus per household and per account.
- This is available to customers with a current new market promo code opening a new first-time personal checking account.
- New customer must open the account at Bell Bank’s Woodbury location and will receive a 1099-INT form for the $200 deposited to the new account.
- Expires August 31, 2019. Member FDIC
- 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 to worry about
Early Account Termination Fee
I wasn’t able to find a fee schedule so I’m unsure if there is any early account termination fee or not
Our Verdict
Always nice to see bonuses with no direct deposit requirement. I’m not sure if you’ll need to live near the Woodbury branch to get approved or not . Will be added to the best checking account bonuses. Please share your experiences in the comments below.
Hat tip to reader Stevil
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