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Tag: oh bank bonuses

  • [OH only] CODE Credit Union $400 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $200
    • Availability: Limited to the OH counties: Montgomery, Darke, Preble, Warren, Miami, Clark and Greene.
    • Direct deposit required: Yes, no minimum
    • Additional requirements: See below
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: $2 avoidable
    • Early account termination fee: Unknown
    • Household limit: None listed
    • Expiration date: 10/31/25

    The Offer

    Direct link to offer

    • CODE Credit Union is offering a $400 bonus when you open a new checking account and complete the following requirements:
      • Open a Cash Back Checking account by 10/31/25
      • Enroll in eStatements
      • Obtain a CODE VISA Debit Card
      • Maintain an average daily balance of $1,000
      • Set up and receive direct deposits totaling $1,000 or more within 60 days

    The Fine Print

    • To receive a $400 cash bonus, open a new Cash Back Checking account with select services (estatements, debit card and direct deposits totaling at least $1,000 within 60 days of account opening) by October 31, 2025.
    • To receive a $300 cash bonus, open a new Smart Saver Checking account with select services (estatements, debit card and direct deposits totaling at least $500 within 60 days of account opening) by October 31, 2025.
    • The cash bonus will be deposited upon verification of select services. Offer valid for new checking accounts only.
    • Must not have had a previous checking account with CODE Credit Union within the last 12 months. Limit one promotional bonus per member.
    • Bonus may be reported on IRS Form 1099-INT.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Cash back checking has no monthly fee with eStatements +$1,000 balance. Otherwise there is a $5 paper fee and $5 monthly service fee. 

    Early Account Termination Fee

    I wasn’t able to find a fee schedule so unsure if there is an early account termination fee or not.

    Our Verdict

    Better than the previous $100 referral bonus and $200 bonus. We will add this to our list of the best checking bonuses. 

    Hat tip to ShawntheShawn

    Useful posts regarding bank bonuses:

    William Charles

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  • [OH] Buckeye State Credit Union $300 Checking Bonus – Doctor Of Credit

    [OH] Buckeye State Credit Union $300 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: Buckeye State Credit Union is a financial services provider with branches currently located in Akron, Shaker Heights, Canton, Alliance, Hartville, and Mansfield, Ohio. Buckeye State was founded in 1933 as Akron Postal Employees Credit Union and eventually evolved into the credit union it is today which serves a field of membership that includes: Lake, Cuyahoga, Summit, Stark, Wayne, Ashland, Medina, and Richland counties.
    • Direct deposit required: Yes, $750+
    • Additional requirements: None
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: Unknown
    • Household limit: None
    • Expiration date: 10/31/24

    The Offer

    Direct link to offer

    • Buckeye State Credit Union is offering a bonus of $300 when you open a new checking account and complete the following requirements:
      • Have a direct deposit post to the account within 90 days of account opening of at least $750

    The Fine Print

    • Bonus will be paid out by January 29, 2025
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    The free checking 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 or not.

    Our Verdict

    If anybody sign ups then please share your experiences in the comments below.

    Useful posts regarding bank bonuses:

    William Charles

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  • [OH only] Kemba Financial Credit Union $300 Money Market Bonus – Doctor Of Credit

    [OH only] Kemba Financial Credit Union $300 Money Market Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: OH
    • Deposit required: $10,000
    • Deposit length: 180 days
    • APY: 4.25%
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: None listed
    • Insured: NCUA

    The Offer

    Direct link to offer

    • Kemba Financial Credit Union is offering a $300 bonus when you open a new money market account and complete the following requirements:
      • Deposit $10,000
      • Maintain that balance for at least 180 days

    The Fine Print

    • Bonus requires $10,000 minimum deposit in the first thirty days and balance must be maintained throughout the first 180 days to be eligible for cumulative $300 bonus.
    • Offer valid on new money only (new money defined as money not on deposit with KEMBA in the past 12 months and/or has been deposited only within the prior 5 business days).
    • Member must be Advantage status at the 90-day mark and have maintained at least $10,000 in the Money Market account to receive the $100 bonus.
    • Member must be Advantage status at the 180-day mark and have maintained at least $10,000 in the Money Market account for the $200 bonus.
    • Bonus will be paid into Money Market Account on day 90 and day 180 for eligible members.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Account has no monthly fees

    Early Account Termination Fee

    As far as I can see there is no EATF.

    Our Verdict

    If you put the $30,000 into a 5% APY earning account you’d earn $750. With this bonus you’d earn the $300 bonus and then $637.5 in interest for $937.5 total. Definitely worth considering if you have uninvested cash laying around.

    Hat tip to ShawntheShawn

    Useful posts regarding bank bonuses:

    William Charles

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  • [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL, In Branch] Citizens Bank $700 Checking & Savings Bonus – Doctor Of Credit

    [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL, In Branch] Citizens Bank $700 Checking & Savings Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $700
    • Availability: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL
    • Direct deposit required: Yes, $500+
    • Additional requirements: See below
    • Hard/soft pull: Soft pull as long as you opt out of over draft protecton.
    • ChexSystems: Mixed data points
    • Credit card funding: None
    • Monthly fees: $9.99, avoidable
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: 9/7/24

    The Offer

    Direct link to offer

    • Citizens Bank is offering a $700 bonus when you open a new checking & savings account. Bonus broken down as follows:
      • Open your first new personal checking account and set up and make at least one single direct deposit of $500 or more within 60 days of account opening
      • Open a savings account on the same day and earn a bonus of up to $600 (funds must be maintained until December 31, 2024):
        • $200 bonus: make a single or multiple deposits totaling $5,000
        • $400 bonus: make a single or multiple deposits totaling $10,000
        • $600 bonus: make a single or multiple deposits totaling $15,000

    The Fine Print

    • To Earn Bonus: To earn a $100 Checking bonus, open your first new personal checking account between 8/30/24 and 9/7/24 and have at least one single direct deposit of $500 or more post into your new checking account within 60 days of account opening. To earn a Savings bonus, open your first new personal savings account on the same date as the above new checking account (direct deposit not required) and have the required minimum total deposit (with money not currently on deposit with Citizens) post into your new savings account within 10 days of account opening and remains on deposit until date stated in the table below. Deposits between $5,000.00-$9,999.99 will receive a $200 bonus, or deposits between $10,000.00-$14,999.99 will receive a $400 bonus, or deposits equaling $15,000 or more will receive a $600 bonus.
    • To earn the total bonus up to $700, you must qualify for both the Checking and one of the Savings bonuses noted above. Qualifications: Primary signer on the new checking and savings accounts may not be or have been a signer on any Citizens personal checking or savings account within the previous six months.
    • Your new account(s) must have a balance greater than zero and remain open and active through the payout date stated in the table below to qualify for this offer.
    • Direct deposit is recurring income electronically deposited into your Citizens checking account and may include salary, pension, and other regular income. Certain forms of electronically deposited funds may not be considered eligible direct deposits, including those originating from peer-to-peer money transfer applications such as Zelle®, CashApp®, Venmo® or PayPal®. Eligibility: Customer will only be paid a one-time bonus for this program. Only one checking account and one savings account are eligible for a bonus.
    • Offers may be withdrawn without notice and cannot be combined with any other checking offer.
    • Offer eligibility is determined at Citizens’ sole discretion.
    • Payout: Bonus will be deposited to the new checking account by the date stated in the table below and will be labeled as “Balance Builder Bonus”. If your new checking account is closed prior to payout date stated in the table below, then your new savings account will also no longer be eligible for this offer.
    • Bonus will be reported to the IRS for income tax purposes.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Need to sign up for online statements otherwise there is a $3 fee.

    Citizens Bank One Deposit Checking Account $9.99 Monthly Fee

    The One Deposit checking account comes with a $9.99 monthly fee. Fee is waived by making one deposit each statement period. (According to this comment they really do count any deposit – even a transfer from another Citizens Bank account will trigger this.)

    Early Account Termination Fee

    As far as we know there is no early account termination fee.

    Our Verdict

    Normally there is a $400 checking bonus, so this is an extra $300 if you max out the bonus. Basically need to tie the funds up for 3 months, if you put $15,000 into an account for 3 months that earned 5% you’d earn $187.5 so this bonus is worth doing if you can spare the $15,000 for that long. The smaller bonuses aren’t worth doing as you are better off sticking to the standard $400 checking bonus that is frequently available. We will add this to our list of the best bank account bonuses.

    Hat tip to reader Alex

    Useful posts regarding bank bonuses:

    William Charles

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  • [SC, OH] Park National Bank $200/$400 Checking Bonus, Direct Deposit Optional – Doctor Of Credit

    [SC, OH] Park National Bank $200/$400 Checking Bonus, Direct Deposit Optional – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $400
    • Availability: SC & OH, maybe NC & KY as well but can’t links
    • Direct deposit required: Optional
    • Additional requirements: See below
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown 
    • Monthly fees: $10 – $25, avoidable
    • Early account termination fee:
    • Household limit: None listed
    • Expiration date: None

    The Offer

    Direct link to offers: (SC & OH)

    • Park National Bank is offering a bonus of $200/$400 when you open a new checking account. Bonuses are broken down as follows:
      • Open a VIP Checking Account and earn a $200 bonus when you:
        • Use promo code VIP200SU24
        • Have direct deposits totaling $500 or more or maintain a balance of $1,000+
      • Open a VIP All-Access Checking Account and earn a $400 bonus when you:
        • Use promo code VIP400SU24
        • Maintain a balance of $25,000 or more

    The Fine Print

    • To qualify to receive the $200 bonus, you must be a new personal deposit customer and your VIP Checking Account must (1) be open and in good standing and (2) have electronic deposits totaling $500 or more made to the account within 90 days of opening OR maintain a current monthly average available balance of $1,000 or more in this account. Your current monthly average available balance must be $1,000 or more by the end of your second statement cycle and maintain that average balance through the 90-day promotional period.
    • To qualify to receive the $400 bonus, you must be a new personal deposit customer and your VIP All-Access Checking Account must (1) be open and in good standing and (2) maintain a current monthly average available balance of $25,000 or more in this account. Your current monthly average available balance must be $25,000 or more by the end of your second statement cycle and maintain that average balance through the 90-day promotional period.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    • VIP Checking Account, this has a $10 monthly fee. Waived with:
      • $500 or more in qualifying direct deposits or
      • $1,000 or more on deposit with Park
    • VIP All-Access Checking Account, this has a $25 monthly fee. Waived with:
      • $25,000 or more on deposit with Park

    Early Account Termination Fee

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

    Our Verdict

    I couldn’t seem to find what interest rate the VIP All-Access Checking Account earns, if it’s significant it might be better than the $200 bonus but otherwise the $200 bonus will be the better option. Share if it’s a hard or soft pull and if credit card funding is possible below.

    Hat tip to Jesse

    Useful posts regarding bank bonuses:

    William Charles

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  • [OH] TruPartner Credit Union $100 Checking Bonus – Doctor Of Credit

    [OH] TruPartner Credit Union $100 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $100
    • Availability: Hamilton County Ohio, Cincinnati Area
    • Direct deposit required: Yes, $500+
    • Additional requirements: See below
    • Hard/soft pull: Unknown 
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: Unknown
    • Household limit: None listed
    • Expiration date: None

    The Offer

    Direct link to offer

    • TruPartner Credit Union is offering a $100 bonus when you open a new checking account and complete the following requirements:
      • Use promo code: BONUS100
      • Set Up Direct Deposit: Arrange for a qualifying direct deposit of $500 or more
      • Complete (3) TruPartner Debit Mastercard transactions and
      • Maintain account opening for 60 days

    The Fine Print

    • Offer valid for new checking accounts.
    • Must set up a direct deposit of $500 or more within 60 days of account opening and complete (3) TPCU Debit Mastercard transactions.
    • Bonus will be credited to TPCU savings account within 60 days after completing the qualifying requirements.
    • Cash incentive is considered a bonus and may be subject to 1099 reporting.
    • TPCU does not offer tax advice; consult your tax advisor.
    • Not available to existing TPCU checking accounts and those whose accounts have been closed within the last 12 months.
    • Minimum $5 savings opening for membership.
    • Promo code: BONUS100
    • 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 was unable to find a fee schedule so unclear if there is any EATF.

    Our Verdict

    If anybody signs up please share your experiences below.

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [LA] Fidelity Bank (Bank With Fidelity) $225 Checking Bonus – Doctor Of Credit

    [LA] Fidelity Bank (Bank With Fidelity) $225 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $225
    • Availability: LA
    • Direct deposit required: Yes, $500
    • Additional requirements: Use promo code
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: $5, avoidable
    • Early account termination fee:$25, 180 days
    • Household limit: One
    • Expiration date: September 30, 2024

    The Offer

    Direct link to offer

    • Fidelity Bank (Bank With Fidelity) is offering a $225 bonus when you open a new checking account and complete the following requirements:
      • Use promo code BONUS225
      • Within 90 days of opening your account, make a direct deposit of $500 or more

    The Fine Print

    • Account holder has 90 calendar days to meet the requirements to receive bonus. Fidelity Bank will deposit the $225 bonus into the account holder’s new checking account within 15 business days after the completion of the 90 calendar day qualification period, so long as the account holder fulfills each of the following qualifications:
    • Open a new On The Geaux personal checking account with Fidelity Bank.
    • You must deposit $50 to open this account.
    • On The Geaux checking incurs a $5 service charge per statement cycle.
    • The monthly service charge can be avoided by having a single direct deposit of at least $500 or more during the statement cycle. Current fees and rates are determined at the time of account opening and will be displayed in the Truth in Savings provided.
    • Visit bankwithfidelity.com for additional terms and conditions applicable to personal checking accounts.
    • Have a qualifying direct deposits greater than $500 or totaling greater than $500 into your new checking account with in the first 90 days of account opening.
    • A “qualifying direct deposit” is a recurring electronic deposit, including a salary, pension, social security, other government benefit or other recurring, monthly income amount, made by your employer or outside agency.
    • Transfers from one account to another do not qualify. Qualifying direct deposit does not include payments received from apps such as PayPal or Cash App, and other similar payment providers. Deposits made at a financial center, via ATM, online transfer, mobile device, debit card/prepaid card number or the mail do not qualify. 
    • Only one bonus of $225 will be paid to the primary checking account owner. This must be your first Fidelity Bank personal checking account to qualify for this bonus. Clients under the age of 18 are not eligible to receive this bonus. Account must be in good standing and the qualifications satisfied to receive bonus. Good standing means you have a positive balance in the account. Bonus may be subject to IRS reporting as interest earned on IRS form 1099-INT and recipient is responsible for any applicable taxes. Fidelity Bank expressly reserves the right to terminate this promotion at its discretion at any time and without further notice provided to you. Limit of one consumer checking-related bonus per household.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    On The Geaux has a $5 monthly service charge, OR $0 with at least one qualifying direct deposit of $500 or more each statement cycle

    Early Account Termination Fee

    There is a $25 fee if the account is closed within 180 days according to the fee schedule.

    Our Verdict

    There are a lot Fidelity Banks so just including the website for clarity. If anybody goes for this then please share your experiences below.

    Useful posts regarding bank bonuses:

    William Charles

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  • [OH] Superior Credit Union $200 Checking Bonus – Doctor Of Credit

    [OH] Superior Credit Union $200 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $200
    • Availability: OH
    • Direct deposit required: Yes, $1,000+
    • Additional requirements: See below
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees:
    • Early account termination fee: Unknown
    • Household limit: None listed
    • Expiration date: June 30, 2024

    The Offer

    Direct link to offer

    • Superior Credit Union is offering a $250 bonus when you open a new checking account and complete the following requirements:
      • Use promo code SUMMER24
      • Set up eStatements
      • Receive a direct deposit of $1,000+

    The Fine Print

    • Valid only at Superior Credit Union. New checking account must be set up with E-statements and Direct Deposit with a minimum of $1,000/month to qualify for $200 cash bonus. Bonus will be deposited to the new account within 30 days from date of first direct deposit.
    • One discount or coupon per transaction.
    • Not valid with other discounts or offers. COUPON CODE: SUMMER24.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Free checking account has no monthly fees to worry about.

    Early Account Termination Fee

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

    Our Verdict

    If anybody goes for this then please share your experiences in the comments below including whether it’s a hard or soft pull.

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL] Citizens Bank $300 Savings Bonus – Doctor Of Credit

    [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL] Citizens Bank $300 Savings Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL
    • Deposit required: $15,000
    • APY: 0.07% APY
    • Hard/soft pull: Soft pull as long as you opt out of over draft protecton.
    • ChexSystems: Mixed data points
    • Credit card funding: None
    • Monthly fees: Avoidable
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: 4/16/24

    The Offer

    Direct link to offer

    • Citizens Bank is offering a $300 bonus when you open a new savings account and complete the following requirements:
      • Deposit a minimum of $15,000 not already on deposit with Citizens within 10 days of account opening and maintain balance until:
        • June 30, 2024 for accounts opened in March
        • July 31, 2024 for accounts open in April
      • You must also have an existing Citizens Quest Checking account or open a new Citizens Quest Checking account between 3/26/24 and 4/16/24

    The Fine Print

    • To earn a $300 bonus, open your first new savings account between 3/26/24 and 4/16/24 and have a minimum of $15,000 not already on deposit with Citizens post within 10 days of account opening and remains on deposit until date stated in the table below.
    • You must also have an existing Citizens Quest Checking account or open a new Citizens Quest Checking account between 3/26/24 and 4/16/24.
    • Qualifications: Primary signer on the new savings account may not be or have been a signer on any Citizens personal savings account within the previous six months.
    • Your new savings account and your new or existing checking account must have a balance greater than zero and remain open and active through the payout date stated in the table below to qualify for this offer.
    • Eligibility: Customer must open their first new savings account via Citizens’ online account opening system accessed by clicking on one of the links on this page.
    • Customer should print this screen for their records. Customer will only be paid a one-time bonus for this program. Only one savings account is eligible for a bonus. Offers may be withdrawn without notice and cannot be combined with any other savings offer. Offer eligibility is determined at Citizens’ sole discretion. Payout: Bonus will be deposited to the checking account by the date stated in the table below and will be labeled as “Balance Builder Bonus”. If your checking account is closed prior to payout date stated in the table below, then your new savings account will also no longer be eligible for this offer. Bonus will be reported to the IRS for income tax purposes.
    • 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 fee as long as you have a Quest checking account.

    Early Account Termination Fee

    As far as we know there is no early account termination fee.

    Our Verdict

    You can get a $400 checking bonus if you don’t already have a checking account with Citizens Bank. Just keep in mind you need a Quest checking account and that’s more difficult to keep fee free. At minimum you’d need the funds in the account for 3 months, this works out to be an annualized return of 8%. Slightly better than high yield savings accounts but probably not worth it for most people due to the harder to keep fee free account.

    Hat ti to Phil P

    Useful posts regarding bank bonuses:

    William Charles

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  • [AZ, CA, FL, IN, MI, NJ, NY, OH, WI] Flagstar Bank $250-$350 Checking Bonus – Doctor Of Credit

    [AZ, CA, FL, IN, MI, NJ, NY, OH, WI] Flagstar Bank $250-$350 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $350
    • Availability: Arizona, California, Florida, Indiana, Michigan, New Jersey, New York, Ohio, and Wisconsin
    • Direct deposit required: Yes, $500+
    • Additional requirements: $500 average balance
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: None
    • Monthly fees: $0-$15
    • Early account termination fee: 180 days, bonus forfeit
    • Household limit: One
    • Expiration date: April 30, 2024

    The Offer

    Direct link to offer

    • Flagstar Bank is offering a checking bonus of up to $350.
      • $250 when you open a Flagstar Ready Checking and complete the following requirements:
        • Maintain an average daily balance of $500+
        • Have one or more direct deposits totaling $500 or more
      • $350 when you open a Flagstar Elite Checking and complete the following requirements:
        • Maintain an average daily balance of $500+
        • Have one or more direct deposits totaling $500 or more

    The Fine Print

    • You must be a new personal checking customer of Flagstar Bank.
    • You must open a Flagstar Ready Checking or Flagstar Elite Checking account.
    • Minimum $50 deposit to open checking account.
    • You will receive a $250 credit for Flagstar Ready Checking or a $350 credit for Flagstar Elite Checking into this account as a bonus 91-104 days after an initial deposit is made to the new account (account funding) opened, subject to the following conditions:
    • Within the first 90 days of the account funding (bonus period) you must maintain an average daily Balance of $500 or more and have one or more direct deposits (ACH credits) totaling $500 or more.
    • Additionally, (i) this offer is limited to one checking bonus per household, (ii)Flagstar Ready Checking account must be funded within 90 days of the account opening date, Flagstar Elite Checking account must be funded within 60 days of the account opening date, (iii) early account closure fee and reclamation of bonus may be imposed for accounts closed within 180 days, and (iv) Flagstar Bank employees are not eligible for the offer.
    • If you have been paid a checking cash bonus previously, you are ineligible to receive this offer.
    • For tax purposes, you will receive an IRS form from Flagstar Bank.
    • Offer subject to change or cancellation at any time without notice. Receiving this offer does not guarantee your eligibility. A
    • ll account applications are subject to our normal approval process. Area restrictions may apply.
    • Offer expires April 30, 2024.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    • Flagstar ready checking account has no monthly fee when you opt into eStatements
    • Flagstar Elite Checking has a $15 monthly service charge, waived when you maintain a $25,000 combined monthly average balance in your Flagstar personal deposit accounts

    Early Account Termination Fee

    Bonus is forfeit if account is closed within 180 days

    Our Verdict

    Previously there was a $250 bonus that didn’t require a direct deposit. Seems to be available in more states now. The $350 checking bonus isn’t worth considering due to the $25,000 deposit requirement to keep the account fee free (remember account needs to be kept open for 180 days to avoid the closure fee). If you put those funds into a high yield account earning 5% you’d earn $625. We will add this bonus to our best bank account bonuses.

    Hat tip to reader Jason S

    Useful posts regarding bank bonuses:

    William Charles

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  • [OH Only] MyUSA Credit Union $200 Checking Bonus – Doctor Of Credit

    [OH Only] MyUSA Credit Union $200 Checking Bonus – Doctor Of Credit


    Offer at a glance

    • Maximum bonus amount: $200
    • Availability: Live/work/learn in Butler, Clark, Greene, Miami, Montgomery or Warren County in OH only
    • Direct deposit required: None
    • Additional requirements: Unknown
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: 210 days, bonus forfeit
    • Household limit: None listed
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • MyUSA Credit Union is offering a $200 bonus when you open a new checking account and complete the following requirements:

    The Fine Print

    • Membership and account eligibility requirements must be met.
    • You must open and maintain a Main Share Membership Savings Account with a balance of $5.00 to open a Checking Account.
    • Offer eligible only for new consumer checking accounts with accountholders age 18 or over.
    • Other account types such as business, estate, trust, guardian, rep payee, etc. are not eligible to participate.
    • Offer not available for existing MyUSA Checking Accounts, those whose accounts have been closed in good standing within 12 months, or those closed with a negative balance at any time.
    • $200 bonus reward for opening a new MyUSA Checking Account will be deposited into member’s Savings Account within 120 days of new checking account opening.
    • Limit one bonus reward per member account.
    • MyUSA reserves the right to reclaim bonus payment if checking account is closed prior to 210 days after account opening.
    • Bonus is considered taxable income and recipient is responsible for reporting the amount to the IRS. Offer subject to end without notice
    • . Other terms, limits and fees may apply, speak to a MyUSA Associate for details.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Simple checking has no monthly fee

    Early Account Termination Fee

    Account needs to be kept open for 210 days to avoid bonus being forfeit.

    Our Verdict

    Says that Membership and account eligibility requirements must be met but it’s not clear what those actually are?

    Hat tip to reader snailrock

    Useful posts regarding bank bonuses:



    William Charles

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  • [PA & OH] S&T Bank $300/$400 Checking Bonus – Doctor Of Credit

    [PA & OH] S&T Bank $300/$400 Checking Bonus – Doctor Of Credit

    Update 1/22/24: Deal is back and valid until March 29, 2024.

    Update 12/2/23: Deal is back and valid until 12/31/23. Hat tip to 14lopeza

    Update 6/6/23: Deal is back and valid until 6/30/23

    Offer at a glance

    • Maximum bonus amount: $400
    • Availability: Must be a resident of Pennsylvania or Ohio. Need to live close to a branch (possibly within 25 miles)
    • Direct deposit required: Yes, $500+
    • Additional requirements: eStatements & $1,000 debit card purchases
    • Hard/soft pull: Soft
    • ChexSystems: Unknown
    • Credit card funding:  Up to $100
    • Monthly fees: None
    • Early account termination fee: Six months
    • Household limit: None
    • Expiration date: March 31st, 2020 June 30th, 2020 September 30th, 2020 December 31, 2020 March 31, 2021 June 30, 2021 September 30, 2021

    The Offer

    Direct links to offer: East PA ($400) | West PA ($300) | OH ($300) |

    • S&T Bank is offering a bonus of up to $300 when you open a checking account and complete the following requirements:
      • Use promo code STEPA1Q24
      • Open with a minimum of $50 and maintain that until the bonus posts
      • Make at least two direct deposits of $500+

     

     

    The Fine Print

    • This offer is not available to current S&T Bank checking customers or those who have closed an S&T Bank checking in the past 12 months.
    • Offer applies to new consumer checking accounts (Preferred Banking, Select Banking, and Four Star Banking (also interest bearing for Preferred Banking and Four Star Banking)) opened from 3/2/20 – 3/31/20.
    • New accounts will not be eligible for offer if any signer has signing authority on an existing S&T Bank consumer checking account.
    • Signing authority will be defined by the customer name(s) and social security number(s) registered on the account.
    • Offer cannot be combined with any other checking offer and is subject to change or termination without notice.
    • One incentive payout per household.
    • To qualify for the first $100 offer, the initial deposit of $50 must be made within 10 days of account opening and the following conditions also must be met by 4/24/20:
      • (a) at least ten $10 S&T Bank Visa Debit card purchases (posted and cleared) must be made and
      • (b) enroll in online statements.
    • A $100 will be credited to the eligible account 5/8/20 for completing the 3 tasks listed above.
    • If checking account is opened online, you will receive an additional $50 bonus to your S&T Bank checking account on 5/8/20.
    • The additional $200 will be credited to the S&T account on or before 10/16/20 to signify the 6-month anniversary date of the account opening provided the account qualified for the debit card and online statement incentive.
    • The max incentive you can receive during this time is $350.
    • The account must not be overdrawn during the promotional period to receive any of incentives.
    • Subject to 1099 reporting. All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Select checking account has no monthly fees to worry about. People are being charged a $3 fee if no bill pay is used (you can remove bill pay from your account and the fee is not charged).

    Early Account Termination Fee

    Account needs to be kept open for six months

    Our Verdict

    Previously the bonus was $200. This $350 bonus seems incredible, no direct deposit or monthly fee to worry about. It’s annoying that you don’t get the full bonus for six months, but still hard to complain. This will be added to our best bank account bonus page.

    Hat tip to JL

    Useful posts regarding bank bonuses:

    Post history:

    • Update 1/12/23: Extended until March 31, 2023. Direct deposit is now required. I’d recommend waiting for the no direct deposit requirement to return.
    • Update 10/12/22: Extended until December 31, 2022.
    • Update 7/30/22: Extended until September 30, 2022. There is a $400 offer if in Eastern PA
    • Update 4/7/22: Extended until 6/30/22. There is a $400 offer if in Eastern PA
    • Update 1/5/22: Extended until 3/31/22, bonus now $300.
    • Update 10/13/21: Deal has been extended until 12/31/21.
    • Update 8/5/21: Bonus has been increased to $400 (previously was $300/$350). Hat tip to MoneyChaser
    • Update 5/17/21: Household limit has been removed. Hat tip to reader JP
    • Update 2/20/21: Deal is back, but now $300 instead of $350.

    William Charles

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  • [VA, WV, OH, In Branch only] City National Bank $200 Checking Bonus – Doctor Of Credit

    [VA, WV, OH, In Branch only] City National Bank $200 Checking Bonus – Doctor Of Credit

    Update 1/20/24: Deal seems to still be available, but only in branch. Advertised on their socials.

    Update 10/24/20: Bonus has been increased to $200. Hat tip to reader J Money

    Update: New link found works for branches in VA, WV, OH. Thanks to reader Gadget.

    Please note, this isn’t the same City National Bank that offers the Visa Infinite card.

    Offer at a glance

    • Maximum bonus amount: $100
    • Availability: VA WV OH in branch only. [Branch locator]
    • Direct deposit required: Yes, $200+
    • Additional requirements: None
    • Hard/soft pull: Soft pull
    • ChexSystems: Yes, not sensitive
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: $25, 180 days
    • Household limit: One
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • City National Bank is offering a bonus of $200 when you open a new city checking account with direct deposit of $200 or more

     

    The Fine Print

    • Bonus: Limited time offer. To earn the $200 direct deposit bonus, you must establish a qualified recurring direct deposit of $200 or more into the account.
    • The bonus will be deposited into the new account 91 days after account opening.
    • Limitations: The bonus cannot be used as the opening deposit.
    • Offer not available to existing checking account customers, those with fiduciary accounts or those whose account has been closed.
    • Limit 1 bonus per household.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    They offer a simply free checking account with no monthly fees to worry about. There is an early account termination fee of $25 if you close the account within 180 days.

    Our Verdict

    I generally don’t recommend $100 bonuses that must be opened in branch, but might be worth it for some if they live near a branch. Purely because it’s usually a lot of work for a $100 bonus that is also taxed. Because of this I won’t be adding it to our best bank bonus page.

    Big thanks to reader, KK who let us know. Learn how to find bonuses and contribute to the site here.

    Useful posts regarding bank bonuses:

    William Charles

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  • [VA, OH & PA only] Dollar Bank $300 Checking Bonus – Doctor Of Credit

    [VA, OH & PA only] Dollar Bank $300 Checking Bonus – Doctor Of Credit

    Update 11/19/23: Extended until 12/31/23.

    Update 11/13/23: Extended until 11/18/23.

    Update 9/11/23: Extended until 10/31/23.

    Update 6/5/23: Extended until 8/31/23.

    Update 3/1/23: Extended until 4/30/23.

    Update 1/25/23: Deal is back and valid until 2/28/23.

    Update 9/11/22: Extended through  10/31/22.

    Updated 7/4/22: Extended through 8/30/22.

    Update 5/2/22: Extended through 6/30/22.

    Update 3/27/22: Extended until April 30th, 2022.

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: OH, VA & PA
    • Direct deposit required: Yes, $5,000+
    • Additional requirements: See below
    • Hard/soft pull: Soft
    • ChexSystems: Unknown
    • Credit card funding: None
    • Monthly fees: $5, avoidable
    • Early account termination fee: Need to keep account open for one year to get full bonus
    • Household limit: One
    • Expiration date: March 31st, 2020 July 31st, 2020 September 30, 2020 December 31, 2020 March 31, 2021 April 30, 2021

    The Offer

    Direct link to offer : VA | OH | PA

    • Dollar Bank is offering a bonus of $300 when you open a new checking account with promo code CHK22 and complete the following requirements:
      • Get $200 in Mastercard debit card rebates with a total of $2,500 in direct deposits within 90 days of account opening.
      • And, get $100 after your one-year anniversary of account opening.

    The Fine Print

    • To qualify for the offer, an Everything Checking account must be opened by 3/31/20.
    • Offer is for new checking customers only.
    • Those who had an open checking account within the past 180 days are not considered to be new customers and are not eligible for the offer.
    • Up to $400 is available in one $100 Mastercard debit card rebate, one $200 credit, and one $100 credit. To receive the $100 Mastercard debit card rebate, the account must receive cumulative direct deposits of $1,000 or more within 90 days of account opening and the account must be in good standing.
    • The $100 Mastercard debit card rebate will be added to the new checking account within 40 days of the qualifying cumulative direct deposits.
    • To receive the $200 credit, the account must receive cumulative direct deposits of $5,000 or more within 90 days of account opening and the account must be in good standing.
    • The $200 will be credited to the new checking account within 40 days of the qualifying cumulative direct deposits.
    • The $100 credit will be applied within 2 months of the 1-year anniversary of account opening provided the account qualified for the $100 debit card rebate, is active, in good standing and is in a qualifying plan.  Maximum amount is $400 per account and one per household.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Everything Checking Account $5 Monthly

    The Everything checking account has a $5 monthly fee, it’s waived if either of the following conditions is met:

    • Six payments via check, Online Banking bill payments, Telephone Banking bill payments, ACH debit, or Point of Sale transactions (both signature or PIN based) posted to the account.
    • You have an average checking balance of $2,500 or more

    Early Account Termination Fee

    Need to keep account open for one year to get full bonus, but $25/180 EATF otherwise.

    Our Verdict

    Bigger bonus we’ve seen before is $400. This is a slightly different offer, but still very much worth doing in my opinion. It’s annoying you need to keep the account open for a full year to get the full bonus. I’ll be adding this to our list of the best checking bonuses.

    Hat tip to reader Derek D

    Useful posts regarding bank bonuses:

    Post history:

    • Update 8/9/21: Deal is back and valid until 9/30.
    • Update 6/5/21: Deal is back and valid until 7/31/21.
    • Update 4/24/21: $300 offers all dead, dollar.bank/ads/200-va.
    • Update 4/13/21: Extended until April 30, 2021.
    • Update 2/2/21: Deal is back and valid until March 31, 2021. Bonus is now only $300 instead of $400. Because of that I would recommend waiting. Hat tip to reader Gadget.
    • Update 11/3/20: Extended until December 31, 2020
    • Update 10/11/20: Deal available again until October 31. Hat tip to Xinqing W
    • Update 8/25/20: Deal available again until August 31. Hat tip to Gadget
    • Update 5/30/20: Extended until July 31st, 2020.
    • Update 3/28/20: Deal has been extended until 5/30/20. Hat tip to reader Don B

    William Charles

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  • [FL, GA, IL, IN, KY, MI, NC, OH, TN, WV, SC] Fifth Third $350 Checking Bonus – Doctor Of Credit

    [FL, GA, IL, IN, KY, MI, NC, OH, TN, WV, SC] Fifth Third $350 Checking Bonus – Doctor Of Credit

    Update 10/28/23: Bonus now $350. Hat tip to Etheostoma

    Update 5/1/23: Bonus now $225.

    Update 2/27/23: Bonus reduced to $275.

    Update 12/2/22: Bonus now $325. Better to wait for $375 to return.

    Update 9/17/22: Bonus is now $250. We have removed this from the best bank bonus page as previously it was $375.

    Update 7/4/22: Extended through September 30, 2022.

    Update 6/11/22: Bonus has been increased to $375.

    Update 5/2/22: Bonus is now $350 instead of $300. Direct deposit requirement reduced to $500 from $1,000.

    Update 4/2/22: Extended until June 30, 2022.

    Update 1/6/22: Extended until 03/31.

    Update 9/8/21: Deal is back and valid until December 31, 2021.

    Update 7/25/21: Deal is back and valid until Sep 30.

    Update 4/12/21: Deal is back until June 30, 2021.

    Update 1/6/2021: Deal is back and valid until March 31, 2021. Online opening no longer offered. Hat tip to reader AllwaysLearning22.

    Update 9/16/20: Deal is back and now requires $2,000 (or $1,000) in direct deposits unfortunately. Better to wait for the no direct deposit deal to return.

    Offer at a glance

    • Maximum bonus amount: $375
    • Availability: Only in the following states: FL, GA, IL, IN, KY, MI, NC, OH, TN, WV, SC (may be only for those within a 50-mile radius of a branch). A lot of the time you’ll need to go in branch to complete the account opening.
    • Direct deposit required: $500+
    • Additional requirements: None
    • Hard/soft pull: Soft
    • ChexSystems: Yes
    • Credit card funding: None
    • Monthly fees: None
    • Early account termination fee: None listed
    • Household limit: None
    • Expiration date: September 30th, 2017 December 31st, 2017. March 31st, 2018 June 30th, 2018 September 30th, 2018 December 31st, 2018 March 31st, 2019 April 30th, 2019 June 30th, 2019 October 31st, 2019. August 31, 2020. September 30th, 2020 October 31, 2020 December 31, 2020 March 31, 2021 Note these offers are known to expire earlier than the expiration date so do not leave it to the last minute.

    The Offer

    Direct link to offer

    • Fifth Third is offering a $350 bonus when you open a new Fifth Third Essential checking account when you complete the following requirements:
      • Make direct deposits totaling $500 or more within 90 days of account opening

     

     

    The Fine Print

    • Offer not available to existing checking or Express Banking customers or to those with a Fifth Third Checking or Express Banking account that has been closed within the last 12 months.
    • Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year.
    • Essential Checking account must be opened between 1/1/2021 and 3/31/2021.
    • Bonus will be deposited into your new checking account within 10 business days of completing requirements.
    • Basic Checking, Express Banking and Business Checking accounts are excluded from this offer.
    • Bonus may be taxable as interest income and reported on IRS Form 1099-INT.

    Avoiding Fees

    Some states are able to open the Free Checking Account with Extra time (now called Momentum checking), that’s the best option if available. Kentucky, Ohio, Indiana, Illinois, and Michigan all have the free option. Other states have another free checking offer.

    Early Account Termination Fee

    This account does not have an early account termination fee

    Our Verdict

    Fifth Third used to to offer a $300 bonus with no direct deposit or a $500 bonus with a direct deposit but neither of those offers have been seen since 2019. The standard bonus has been $300, so this is an increased offer by $50. We will be adding this to our best bank bonus page.

    Useful posts regarding bank bonuses:

    Post history:

    • Update: Some offers now requiring direct deposit, make sure to triple check your offer.
    • Update 6/12/20: Deal is back and valid until August 31, 2020. It looks like they are split testing offers though as I’ve seen offers for $50, $150 and $250 depending on the device I used. Make sure you see the $250 offer before applying, the $150 also has a direct deposit requirement whereas the $250 offer does not.  You can try using a VPN or clearing cookies to get the $250 offer to show. Hat tip to reader newbie & Ben
    • Update 1/4/20: Deal is back and valid until April 30th, 2020. This replaces the $500 deal. A lot of people will prefer this deal as it only requires $500 to be deposited rather than $20,000.
    • Update 7/1/19: Deal has been extended until September 30th, 2019
    • Update 5/20/19: Deal has been extended until June 30th, 2019. Hat tip to YAR
    • Update 1/6/19: Bonus is $250, I’d still recommend waiting for a bonus of $300 instead. There was also a recent $200 + $200 deal as well.
    • Update  07/01/18: Bonus has been extended until September 30th, 2018 but reduced to $200. I’d recommend waiting for the bigger $300 bonus to come back.
    • Update 04/02/18: Bonus is now $250 instead of $200. Can be opened online (e-mail yourself a coupon and then follow the prompts)
    • Update 01/07/18: Bonus is back but is now only $200 instead of $300. Might be worth waiting for a bigger bonus to come along.
    • Bonus has been increased to $300 and can be opened online again! Hat tip to reader Yaobang. Looks like $300 offer is only showing for some people, try incognito mode or google search for ‘Fifth Third’ or ‘Fifth Third $300’ and see if there is an ad for the offer or look at the comments for more ideas.

    William Charles

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