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Tag: tx bank bonuses

  • [LA, MS, FL, AL, TX] Hancock Whitney Bank $600/$1,000 Checking & Savings Bonus – Doctor Of Credit

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    Update 9/10/25: Reader Harrison Logan points out that there is a $1,000 bonus, seems like the only difference is the savings account requires $10,000 instead of $5,000. 

    Offer at a glance

    • Maximum bonus amount: $600
    • Availability: LA, MS, FL, AL, TX
    • Direct deposit required: Yes, $300+
    • Additional requirements: None
    • Hard/soft pull: Soft
    • ChexSystems: No
    • Credit card funding: None
    • Monthly fees: $12, avoidable
    • Early account termination fee: $20, 180 days (bonus forfeit)
    • Household limit: Limit of one consumer checking-related bonus per household every 2 calendar years. (this is enforced),
    • Expiration date: 10/31/2025

    The Offer

    Direct link to offer

    • Hancock Whitney Bank is offering a bonus of up to $600. Bonus is broken down as follows:
      • $300 cash bonus when you open a Freestyle Checking account and set up $500 or more in monthly direct deposits
      • $100 cash bonus when you open a Freestyle Savings account and deposit $5,000 or more by 11/30/25 and maintain until 2/28/26
      • $200 extra cash bonus when you open both and meet all requirements

    The Fine Print

    • Use the promo code referenced above when opening your new checking account with money not currently on deposit at Hancock Whitney Bank by the offer expiration date of 10/31/2025. Set up and receive qualifying direct deposits totaling at least $500 each month by 12/31/2025. Your account and direct deposits must remain open and active during the entire promotional period which includes up to when the bonus is paid by 2/28/2026. If you meet all requirements, we will deposit the earned bonus into your new personal checking account by 2/28/2026. 
    • Offer available to new Hancock Whitney checking clients 18 years of age or older. This includes new to bank clients and existing Hancock Whitney clients who currently do not have a checking account, or have not recently closed a checking account in the past 90 days, or did not have a checking account closed with a negative balance in the past 3 years.
    • 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. Account transfers, mobile deposits, payments from Zelle, PayPal, Cash App or other similar providers, tax refunds or deposit made at a branch or ATM are not qualifying direct deposits.
    • Important details and required qualifying activities for the $100 Freestyle Savings Offer: Use the promo code referenced above when opening your new Freestyle Savings account by the offer expiration date of 10/31/2025. You must deposit $5,000 or more into your Freestyle Savings account by 11/30/2025. Your account must remain open and active and you must maintain a minimum daily balance of $5,000 or more during the entire promotional period which includes up to when the bonus is paid by 2/28/2026. If requirements are met, we will deposit the earned bonus into your new Freestyle Savings account by 2/28/2026.
    • 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 a $12 monthly fee. This is waived if you do any of the following:

    • primary account holder under 18 or age 64 and over or
    • make one or more client-initiated debit or credit transactions per statement cycle to waive the service charge.

    Early Account Termination Fee

    $20 fee is charged for each account if the account is closed within 180 days. Looks like you might also forfeit the bonus.

    Our Verdict

    Previously this was only $200 for the checking bonus or a $500 bonus that was more difficult to keep fee free. I think this $300 + $100 + $200 bonus is all worth doing. The hold period for the savings bonus is 90 days and works out to be 8% APY. We will add this to our best bank bonus page. 

    Hat tip to reader Scooter

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    William Charles

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  • [TX, Travis County] Star of Texas Credit Union $100 Checking Bonus – Doctor Of Credit

    [TX, Travis County] Star of Texas Credit Union $100 Checking Bonus – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount: $100
    • Availability: Lives, works, worships, or attends school in Travis County.
    • Direct deposit required: Yes
    • 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: None listed

    The Offer

    Direct link to offer

    • Star of Texas Credit Union is offering a $100 bonus when you open a new checking account and complete the following requirements:
      •  Join Us: Visit any Star of Texas Credit Union branch or apply online.
      • Get $25 to Start! At the time of joining, you will receive a $10 Savings deposit to activate your Membership Account + $15 to your Checking
      • Set Up Direct Deposit: Have your paycheck, pension, or government benefits directly deposited into your new account
      • Use Your Debit Card: Make at least (10) purchases with your new Star of Texas Credit Union debit card.
      •  Go Paperless: Enroll in eStatements to keep your account information secure and reduce paper waste.

    The Fine Print

    • This offer is available to new members only.
    • Direct deposit must be an electronic deposit of your paycheck, pension, or government benefits.
    • Debit card transactions must be purchases; ATM withdrawals and transfers do not count.
    • The $25 will be credited to your account after successful activation and eligibility of membership account. The remaining $75 bonus will be credited to your account within (30) days after completing all required activities.
    • The account must remain open and in good standing for at least (90) days to receive the bonus.
    • Limit one bonus per new member and per account.
    • The offer is subject to change and may be discontinued at any time without notice.
    • Star of Texas Credit Union employees and their immediate families are not eligible for this promotion.
    • 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 mention of any EATF in the fee schedule.

    Our Verdict

    Share any datapoints you have in the comments below.

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    William Charles

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  • [CA & TX only] Premier America Credit Union $100 Checking Bonus – Doctor Of Credit

    [CA & TX only] Premier America Credit Union $100 Checking Bonus – Doctor Of Credit

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    Update 9/28/24: Now requires a Premier Plus checking account. This has no monthly fee. Hat tip to reader snailrock

    Offer at a glance

    • Maximum bonus amount: $100 for both parties
    • Availability: Locations in California & Texas [Branch locator]. In branch only (maybe not)
    • Direct deposit required: Yes, $200+
    • Additional requirements: See below
    • Hard/soft pull: Soft (make sure you opt out of overdraft protection)
    • ChexSystems: Unknown
    • Credit card funding: Yes, varies by product (at least $500)
    • Monthly fees: None
    • Early account termination fee: None
    • Household limit:  None mentioned
    • Expiration date: December 31, 2021

    The Offer

    Direct link to offer

    • Premier America Credit Union is currently offering a $100 checking bonus when you open a new checking account and receive a direct deposit of $200 or more

    The Fine Print

    • $100 Head Start Savings Bonus is a promotional offer available 09/07/21 – 12/31/21.
    • Monthly ACH Direct Deposit (minimum $200) must be added to account in first 45-days from account opening to qualify. Offer subject to change or end without notice.
    • A deposit of $5 into a Smart Savings account is required to join Premier America Credit Union.
    • For businesses, a deposit of $250 into a Business Savings account is required to join Premier America Credit Union. Federally Insured by NCUA.
    • 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 an early account termination fee in their fee schedule.

    Our Verdict

    Previously they offered a $100 referral bonus for both parties, but that didn’t require a direct deposit. That was a great offer, but hasn’t been back since 2018. Because of that I think if you’re interested in this offer I think it’s worth doing. We will add this to our list of the best bank account bonuses.

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    William Charles

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  • [TX Only] Texas Trust Credit Union $100-$500 Checking Bonus – Doctor Of Credit

    [TX Only] Texas Trust Credit Union $100-$500 Checking Bonus – Doctor Of Credit

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    Update 9/7/24: Valid until 12/31/2024.

    Offer at a glance

    • Maximum bonus amount: $500
    • Availability: TX only. You must (or be a family member of a person) live, work or worship in one of the following counties: Dallas, Tarrant, Henderson, Ellis (Midlothian), Johnson, Denton (Flower Mound), or Tom Green (San Angelo)
    • Direct deposit required: Yes, $3,000-$10,000+
    • Additional requirements: See below
    • Hard/soft pull: Hard pull
    • ChexSystems: Unknown
    • Credit card funding: None
    • Monthly fees: $10, avoidable
    • Early account termination fee: 180 days, bonus forfeit
    • Household limit: None listed
    • Expiration date: July 31, 2024

    The Offer

    Direct link to offer

    • Texas Trust Credit Union is offering bonus of up to $500. Bonuses are as follows:
      • With qualifying direct deposits totaling $3,000 within the first 90 days of account opening get $100
      • With qualifying direct deposits totaling $5,000 within the first 90 days of account opening get $300
      • With qualifying direct deposits totaling $10,000 within the first 90 days of account opening get $500

    The Fine Print

    • Account holder must make 2 or more qualifying direct deposits totaling a minimum of $10,000 or more within 90 days of account opening to receive $500. Only new Bonus Checking account holders are eligible for this offer. Incentive Reward tiers are based on total qualified direct deposit amount. Account holder must deposit $3,000 to $4,999.99 to earn the $100 bonus, $5,000 to $9,999.99 to earn the $300 bonus or $10,000 or more to earn the $500 bonus.
    • Incentive Reward tiers cannot be combined. Eligible members will receive their incentive deposited into their Bonus Checking account within 30 business days after the 90-day period has lapsed. A qualifying direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, from your employer, or the government. Other electronic deposits or person-to-person payments, including but not limited to: Zelle, PayPal, cash, check, and ATM deposits are not considered a qualifying direct deposit for this offer. Accounts must be open and in good standing to receive incentive reward. Account must remain open for 180 days from account opening. Closing the account before the 180-day period may result in incentive reward being withdrawn. Incentive reward may be reported as interest earned on IRS form 1099-INT, and recipient is responsible for any applicable taxes. Offer limited to one member per account and may not be used for multiple bonus checking accounts. Offer and terms subject to change without notice. Offer expires July 31, 2024
    • 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 a $10 monthly fee, this is automatically waived for the first two months.

    • Eigible fee discounts include:
    • Active debit card Use: $2 (Active Debit Card is 10 non-ATM Point-of-Sale transactions per month totaling at least $100);
    • Online Communication and Banking: $2 (must be actively enrolled);
    • Senior age 55+: $2 (discount applied beginning on month of primary member’s 55th birthday);
    • Public Servant: $2 (Public Servant is any full time employee of a local public or private school district, or municipality including city, county, state, or federal. Must present a recent check stub to qualify or a letter of intent for new employees. Must also fulfill other membership requirements);
    • Active Bill Pay Use: $1 (Active Bill Pay Usage is paying three or more bills through Texas Trust’s Online Bill Pay in the previous month);
    • Membership 5+ Years: $1 (The 5+ Year Membership discount is applicable if today’s date is greater than five years from the day the member initially opened their Texas Trust share account);
    • Direct Deposit: $1 (A direct deposit or mobile deposit [or any combination of the two] totaling $500 or more per month is required to earn the Direct Deposit discount.

    Early Account Termination Fee

    Bonus is forfeit if the account is closed within 180 days of account opening

    Our Verdict

    Keep this account fee free is basically impossible, but you do get the first two months fee free. You need to keep account open for 180 days so expect to pay 4-5 months of fees ($40-$50 but can be reduced somewhat). Unfortunately it’s also a hard pull and we don’t have data points on what works as a direct deposit. Might be worth it for the $300 and $500 tiers but too much hassle for the $100 tier.

    Hat tip to reader Avi

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    William Charles

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  • [Magnolia, TX In Branch] 5Point Credit Union $200 Checking Bonus – Doctor Of Credit

    [Magnolia, TX In Branch] 5Point Credit Union $200 Checking Bonus – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount: $200
    • Availability: TX
    • 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: Unknown
    • Household limit: None listed
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • 5Point Credit Union is offering a $200 bonus when you open a new checking account at the Magnolia branch and complete the following requirements:
      • Receive a direct deposit, no minimum mentioned

    The Fine Print

    • 200 cash bonus, loan rate discount, and CD rate bump limited to one per person.
    • Cash bonus requires a direct deposit from a payroll provider or government benefit.
    • The cash bonus will be deposited into the account within 45 days from the date the first direct deposit is posted.
    • Cash bonuses are considered taxable income by the IRS and will be reported on IRS Form 1099-MISC.
    • This limited-time offer begins July 15, 2024, and may be discontinued at any time without prior notice.
    • Insured by NCUA.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Absolutely free checking 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

    Should be able to ask in branch if it’s a hard or soft pull before opening the account.

    Hat tip to reader Bockrr

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    William Charles

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  • [AZ, AR, NM, TX] First National Bank of Texas: $250 Checking Bonus For Military + Family Members – Doctor Of Credit

    [AZ, AR, NM, TX] First National Bank of Texas: $250 Checking Bonus For Military + Family Members – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount: $250
    • Availability: Arizona, Arkansas, New Mexico, and Texas. Must be military or family member
    • Direct deposit required: Yes, $600+
    • Additional requirements: None
    • 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 listed

    The Offer

    Direct link to offer

    • First National Bank of Texas is offering a $250 bonus when you open a new Service 1 or Service 1 High Yield account and complete the following requirements:
      • Receive a Direct Deposit of at least $600 to your new Service 1 or Service 1 High Yield account within 45 calendar days of account opening. This must be a single ACH transaction and cannot be combined with other deposits and receive a $50 bonus
      • Receive another Direct Deposit of $600 within the 33 days leading up to your account’s six-month milestone, and we’ll credit another $50 into your account
      • Receive another Direct Deposit of $600 within the 33 days leading up to your account’s twelve-month milestone, and we’ll credit a final credit of $150 into your account

    The Fine Print

    • The amount of the Bonus up to $250 will be reported to the Internal Revenue Service (IRS).
    • Customers without a Social Security Number or Taxpayer Identification Number are not eligible to receive the Bonus.
    • Bonus Limitations: One (1) per Social Security Number or Taxpayer Identification Number; One (1) per Service 1 or Service 1 High Yield Account; new customer checking account relationships only.
    • Existing customers with a checking account relationship are ineligible to receive the bonus if their new checking account relationship has been opened for more than 34 calendar days.
    • Cannot be combined with any other offer. Bonus offer can be modified or withdrawn at any time without notice.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    None

    Early Account Termination Fee

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

    Our Verdict

    Annoying that you need to keep the account open for so long and keep direct deposits coming as well. Still probably worth doing if it’s a soft pull, if anybody goes for it share your experiences in the comments below.

    Hat tip to Celia

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    William Charles

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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

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    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?

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    William Charles

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  • [OK & TX only] First United Bank $250 Checking Bonus – Doctor Of Credit

    [OK & TX only] First United Bank $250 Checking Bonus – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount: $100
    • Availability: Oklahoma & Texas only
    • Direct deposit required: Yes, no minimum specified
    • Additional requirements: eStatements & 10 debit card transactions
    • Hard/soft pull: Soft 
    • ChexSystems: Yes
    • Credit card funding: Yes, up to $500. Visa, Mastercard & Discover accepted.
    • Monthly fees: Avoidable
    • Early account termination fee: $10, 60 days
    • Household limit: One every two years
    • Expiration date: None listed but must be done by August 1, 2024

    The Offer

    Direct link to offer

    • First United Bank is offering a checking bonus of $250 when you use the promo code 250F24 and complete the following requirements:
      • Make Direct Deposits into the account by one or more deposits that, in the aggregate, are equal to or greater than $1,000 during at least one statement cycle during the first 90 days of the account opening

    The Fine Print

    • To qualify for the special offer, you must open a First United Bank Basic Checking Account, which is subject to approval
    • You must also make Direct Deposits into the account by one or more deposits that, in the aggregate, are equal to or greater than $1,000 during at least one statement cycle during the first 90 days of the account opening.
    • Direct deposit is the deposit of funds electronically into a bank account rather than through a physical paper check.
    • Qualifying direct deposits are deposits of regular monthly income via ACH deposit (such as your salary, pension, or Government benefits).
    • Non-qualifying direct deposits are ACH deposits such as check deposits, Peer to Peer (P2P) transfers (PayPal, Venmo, etc.) or other ACH transfers that are not from employers or payroll providers.
    • Offer applies to only one checking account per individual and is only valid for individual located in Texas or Oklahoma.
    • Offer not available to existing First United Bank checking customers or those who have closed a checking account within the last 180 days.
    • First United Bank Employees and family members are not eligible for offer.
    • All bonuses will be paid to qualified customers no later than August 1, 2024. 1099 reporting may apply, please consult your tax adviser.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Prestige checking has a $7.50 monthly fee, this is waived with a $1,000 balance.

    Early Account Termination Fee

    According to this comment it is $10 if closed within 60 days.

    Our Verdict

    Much better than the previous $100 bonus that was offered. Worth doing if you live in the target area. We will add  this to our list of the best bank account bonuses by clicking here.

    Hat tip to reader Bockrr

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    William Charles

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  • [LA, NY, SC, TX, TN, AR, MS, AL, GA, KY, FL, NC & VA] First Horizon Bank $400/$800 Business Checking Bonus – Doctor Of Credit

    [LA, NY, SC, TX, TN, AR, MS, AL, GA, KY, FL, NC & VA] First Horizon Bank $400/$800 Business Checking Bonus – Doctor Of Credit

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    Note: Terms state ‘Offer is only available to the addressee of the offer, is non-transferable, may not be combined with other offers’. You also have to request a code by filling in your information so should be able to get this bonus even if not targeted but YMMV.

    Offer at a glance

    • Maximum bonus amount: $800
    • Availability: Offer is only available to residents of LA, NY, SC, TX, TN, AR, MS, AL, GA, KY, FL, NC and parts of VA
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown, sensitive
    • Credit card funding: Up to $50
    • Monthly fees: None
    • Early account termination fee: Six months, bonus forfeit
    • Household limit: None
    • Expiration date: 06/30/2024

    The Offer

    Direct link to offer

    • First Horizon Bank is offering a bonus of $400 or $800 when you open a new business checking account.
      • $800 bonus:
        • Deposit $25,000 into the new BizEssentials Checking account within 15 days of the account opening.
        • Maintain at least a $25,000 collected daily balance for the first 3 full statement cycles.
        • Conduct 20 qualifying transactions within the first 3 full statement cycles.
      • $400 bonus:
        • Deposit $5,000 into the new BizEssentials Checking account within 15 days of the account opening.
        • Maintain at least a $5,000 collected daily balance for the first 3 full statement cycles.
        • Conduct 20 qualifying transactions within the first 3 full statement cycles.

    The Fine Print

    • Offer is only available to the addressee of the offer, is non-transferable, may not be combined with other offers, and is only available for new clients that have not had an account at First Horizon within the last 12 months. Opening deposit must be funds from a financial institution other than First Horizon Bank or its affiliates. Limit one bonus per company.

       

    • To qualify for the $400 bonus, open a new BizEssentials Checking, BizEssentials Plus Checking, or BizEssentials Interest Checking account by 06/30/2024, deposit at least $5,000 within fifteen (15) days of account opening and maintain an average daily collected balance of $5,000 for the first three (3) full statement cycles and conduct a minimum of twenty (20) qualifying client-initiated transactions within the first three full statement cycles in the eligible First Horizon Bank checking account.

       

    • To qualify for the $800 bonus, open a new BizEssentials Checking, BizEssentials Plus Checking, or BizEssentials Interest Checking account by 06/30/2024, deposit at least $25,000 within fifteen (15) days of account opening and maintain an average daily collected balance of $25,000 for the first three (3) full statement cycles and conduct a minimum of twenty (20) qualifying client-initiated transactions within the first three full statement cycles in the eligible First Horizon Bank checking account.

       

    • BizEssentials Checking, BizEssentials Plus Checking, or BizEssentials Interest Checking accounts require a $100 minimum opening deposit. A qualifying client-initiated transaction may include deposits, checks paid, ACH items, and signature and PIN-based purchases made with a First Horizon Debit Card. The cash bonus will be deposited into your account within 10 business days after qualifying activities are met. Bonus will only be paid to open accounts with a positive balance. Other terms and conditions of your account are disclosed in your depositor agreement Bonus will be reported as interest earned on IRS form 1099-INT and recipient is responsible for any applicable taxes. Offer and account opening subject to bank approval.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    BizEssentials Checking account has no monthly fees to worry about.

    Early Account Termination Fee

    Previous terms say account need to be kept open for six months, but I don’t see that in the terms this time.

    Our Verdict

    Need to lock up funds for ~90 days, this works out to be an annualized return of:

    • $400 bonus: 32%
    • $800 bonus: 12.8%

    Both offers are great. Best previous offer was for $300 but that had no hold period, still think this is a better bonus for most people. There is also a personal checking bonus for $450 that is worth doing. We will add this to the list of the best bank account bonuses.

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    William Charles

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  • [TX only] Broadway Bank $300-$500 Business Checking Bonus – Doctor Of Credit

    [TX only] Broadway Bank $300-$500 Business Checking Bonus – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount: $300 – $500
    • Availability: TX Only
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Up to $500
    • Monthly fees: $12, avoidable
    • Early account termination fee: $15 if closed within 90 days
    • Household limit: None listed
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • Broadway Bank is offering a business checking bonus of up to $500. Bonus is broken down as follows:
      • Open a new Advantage, Preferred or Essentials Business Checking account.
        Deposit $2,000 or more in new money within 30 days of account opening.
      • Enroll in Business Online Banking1 and complete 10 qualifying transactions within 90 days of opening account.
      • Maintain an average monthly balance of those listed below over the next 120 days to earn up to $500.
        • Earn $300 with a balance of $2,000 – $24,999
        • Earn $400 with a balance of $25,000 – $49,999
        • Earn $500 with a balance of $50,000 or greater
      • Earnings will be deposited to your eligible Business Checking account within 90 days of meeting requirements.

    The Fine Print

    • Account Requirements:
    • Eligible accounts are qualifying Business Advantage Checking, Business Preferred Checking, and Essentials Business Checking accounts.
      Subject to approval. Other conditions and restrictions apply.
    • Eligibility Requirements:
    • Offer is available for a maximum of one eligible Business Checking account per Taxpayer Identification Number (TIN).
    • Offer is not available for existing businesses with Broadway Bank Business Checking accounts.
      A new eligible Business Checking account is required, and all other Broadway Bank accounts are excluded.
    • Excludes closed and reopened accounts, existing accounts, converted accounts, and repurposed accounts.
    • Broadway Bank employees are ineligible to participate in this incentive.
      The offers are not stackable, they are tiered offers with a maximum of $500.
    • Incentive Requirements:
    • Within 30 days of account opening, a cumulative deposit of at least $2,000 in new money is required to qualify for the incentive.
    • New money cannot be funds held by Broadway Bank.
    • Average monthly balance is defined as the average collected balance across a monthly timeframe within your eligible Business Checking account.
    • Within 90 days of account opening, must enroll in Business Online Banking and complete 10 qualifying transactions to qualify for the incentive.
    • Qualifying transactions are debit card purchases, ACH transactions, checks, and signature Point of Sale purchases and online purchases.
    • ATM withdrawals, teller deposits and withdrawals, wires, and debit card cash advances do not qualify for this promotion.
    • Incentive Payment:
    • Within 90 days of meeting incentive requirements, earnings will be deposited to the eligible new Business Checking account.
    • Qualifying accounts must be open and have a positive balance to receive earnings.
    • The incentive payment could be subject to IRS reporting on Internal Revenue Service (IRS) Form 1099.
    • This promotion is subject to change without notice and is subject to bank verification, eligibility, and qualification review.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Advantage Business Checking has a $12 monthly fee. This is waived:

    Early Account Termination Fee

    According to the fee schedule there is a $15 fee if closed within 90 days.

    Our Verdict

    Only the $200 bonus is worth considering as you’re losing out on significant interest on the other tiers when compared to a 5%+ APY earning account (e.g for the $25,000 tier you could earn ~$400 in just interest). The bottom tier is OK although realistically you’ll need $3,000 in there to avoid the monthly fee. It’s annoying the holding period is so long but we will still add this to our best bank bonus page.

    Hat tip to Tikky

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    William Charles

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  • [MN, WI, TN, TX] Altra Federal Credit Union $150 Checking Bonus – Doctor Of Credit

    [MN, WI, TN, TX] Altra Federal Credit Union $150 Checking Bonus – Doctor Of Credit

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    Update 11/11/23: Bonus is back but only in branch. [Branch locations]. Direct deposit is required this time ($150 or $250 depending on the account).

    Offer at a glance

    • Maximum bonus amount: $150
    • Availability: Says Rochester Public School District, but previously these offers have worked in MN, WI, TN, TX
    • Direct deposit required: No
    • Additional requirements: Promo code + 10 debit card purchases
    • Hard/soft pull: Hard pull
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: $15, 90 days
    • Household limit: None
    • Expiration date: December 31, 2021

    The Offer

    Direct link to offer

    • Altra Bank is offering a bonus of $150 when you open a new A+ checking or A+ Platinum account and complete the following requirements:
      • Use promo code RPSD_A+150
      • Make 10 debit card transactions within 30 days of account opening

    The Fine Print

    • $150 cash bonus available for new Altra members who open a new Altra membership and an A+ Platinum or A+ Checking account in person or online;
    • Offer void for current Altra members or if Altra membership has been closed within the last 30 days.
    • To receive offer, initial minimum ten (10) Altra debit card transactions must be posted within thirty (30) days of account opening. ATM transactions do not qualify; Only debit card transactions processed by merchants and received by Altra as Point of Sale (POS) transactions count towards qualifying debit card transactions. $150 will be deposited into new checking account within 30 business days of initial ten (10) debit card transactions posted. One A+ Checking or A+ Platinum account per member; one offer per member; personal accounts only; not available to Guardianship, Rep Payee, or UTMA accounts.
    • Offer valid for members age 16 and older.
    • A parent must co-sign if under age 18.
    • For tax purposes, cash bonus may be reported as dividends.
    • Membership eligibility required.
    • Limited time offer. Cannot be combined with any other checking bonus.
    • Contact Altra for complete details.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    A+ checking account has no monthly fees to worry about.

    Early Account Termination Fee

    There is a $15 fee if closed within 90 days of account opening.

    Our Verdict

    Pretty good bonus, main issue is knowing if you’re actually eligible or not. In the past there was a $190 bonus and up to $700. This bonus is nice and easy though with no direct deposit required, although there is a hard pull.

    Hat tip to Ashley R

    Useful posts regarding bank bonuses:

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    William Charles

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