[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

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.

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

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

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

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