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  • [IL, NE, KS, TX, CO, In Branch] FNBO Bank $500 Business Checking Bonus – Doctor Of Credit

    [IL, NE, KS, TX, CO, In Branch] FNBO Bank $500 Business Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $500
    • Availability: In branch only. Chicago, Omaha, Kansas City, Denver, and Dallas
    • Direct deposit required:No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown, sensitive
    • Credit card funding: None
    • Monthly fees: No
    • Early account termination fee: None
    • Household limit: No
    • Expiration date: 8/31/24

    The Offer

    Direct link to offer

    • FNBO Bank is offering a bonus of $200 or $500. Requirements are as follows:
      • Open your account at a branch and mention promo code BIZCHECKING.
      • Fund your account within 31 days of opening your account a qualifying deposit of $10,000 or more.
      • Maintain your balance for 93 days from account opening.
        • Deposit $10,000 – $19,999.99 and Earn $200
        • Deposit $20,000 and above and Earn $500

    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 to worry about.

    Early Account Termination Fee

    I wasn’t able to find a fee schedule.

    Our Verdict

    Unfortunately it’s in branch only. You need to maintain funds for 93 days, for the $500 bonus that works out to be ~10% annualized return. The $200 bonus works out to be ~8% annualized return. Looks like deposits need to be cash?

    Useful posts regarding bank bonuses:

    William Charles

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  • [IA, NE] Cobalt Credit Union $200 Checking Bonus – Doctor Of Credit

    [IA, NE] Cobalt Credit Union $200 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $200
    • Availability: Cobalt Credit Union is located in 15 counties across Nebraska and Iowa
    • Direct deposit required: Yes, no minimum
    • Additional requirements: See below
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees:None
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: 12/31/23

    The Offer

    Direct link to offer

    • Cobalt Credit Union is offering a $200 checking bonus when you open a new Cobalt Elite or Cobalt Blue checking account and complete the following requirements:
      • Have at least one recurring direct deposit
      • Enroll in e-statements
      • Have at least 15 debit card transactions totaling at least $500 post and clear within 90 days of account opening, and for the Cobalt Blue checking account, have at least 10 debit card transactions totaling at least $250 post

    The Fine Print

    • Offer available 11/14/23 – 12/31/23. In order to receive the $200 bonus, you must open a new Cobalt Elite or Cobalt Blue checking account and fulfill the following requirements: (1) have at least one recurring direct deposit in the form of payroll or government benefit deposited into a Cobalt account, (2) enroll in e-statements, and (3) for the Cobalt Elite checking account, have at least 15 debit card transactions totaling at least $500 post and clear within 90 days of account opening, and for the Cobalt Blue checking account, have at least 10 debit card transactions totaling at least $250 post and clear within 90 days of account opening. All qualifications must be met within the first 90 days of account opening.
    • The bonus will be deposited into your membership share account within 90 days of meeting all account requirements.
    • The bonus is not available for existing Cobalt Blue or Cobalt Elite Checking members who have closed a Cobalt Blue or Cobalt Elite Checking account within the past 90 days.
    • The bonus will be reported to the IRS as dividends earned.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Neither account has any monthly fees.

    Early Account Termination Fee

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

    Our Verdict

    Nice deal just need to know if it’s a hard or soft pull.

    Hat tip to reader Gadget

    Useful posts regarding bank bonuses:

    William Charles

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