Update 7/7/24: Deal is back and valid through 11/22/2024. There is a $100 savings bonus as well.
Update 1/11/2020: Bonus is back and valid until February 29th, 2020. Hat tip to reader H.P.
This was originally listed as being VA, MD, NC but it’s actually for the Union Bank & Trust in NE, KS.
Offer at a glance
- Maximum bonus amount: $150
- Availability:NE, KS
- Direct deposit required: Yes, $2,500+
- Additional requirements: None
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: $25, 180 days
- Household limit: None listed
- Expiration date:
October 31st, 2019February 29th, 2020
The Offer
- Union Bank & Trust is offering a bonus of $150 when you open a new Simply Free Plus, Simply Free Platinum, or Premium Interest Advantage and complete the following requirements:
- Make $2,500 in direct deposits within 60 days
- enroll in paperless statements via online or mobile banking
- Receive a $100 bonus when you open a Simply Savings account and complete the following within 90 days of account opening
- maintain a $2,500 balance;
- enroll in paperless statements via online or mobile banking
The Fine Print
- To qualify for the promotion, you cannot be an owner on an existing Union Bank personal checking account.
- Receive $50 when you open a Simply Free Checking account and $150 when you open a Bonus or Journey Checking account and meet requirements.
- Limit one per person and cannot be combined with other offers.
- $50 opening deposit for Simply Free and Journey checking.
- $1,000 opening deposit for Bonus Checking.
- To receive the $150, you must have $2,500 in electronic Direct Deposits posted within 60 calendar days of opening a Bonus or Journey Checking account;
- $150 will be credited to your active account within 70 days of account opening if you meet the requirements. Various Annual Percentage
- Available through 10/31/19.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Bonus checking has no monthly fees to worry about.
Early Account Termination Fee
According to the fee schedule you’ll be charged an early account termination fee of $25 if the account is closed within 180 days of opening.
Our Verdict
Relatively easy bonus to meet the requirements for and no monthly fees to worry about. Considering it’s a soft pull I think this is worth doing if you live in an eligible area and have already done the larger bonuses available to you. Because of that I will be adding this to our list of the best checking bonuses.
Hat tip to reader Alex G
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