Update 7/16/23: Extended until 9/30/23.
Update 11/19/22: Extended until December 31, 2022.
Offer at a glance
The Offer
- Receive a sign up bonus of $350 when you open a new checking account with TruStone Financial and complete the following requirements within 45 days:
- $100 cash back for direct deposit of at least $1000 within 45 days of account opening. Cash back increases to a total of $200 if direct deposit reaches $2,500 within 45 days of account opening, and increases to a total of $300 if direct deposit reaches $5,000 within 45 days of account opening.
- $50 for enrolling in eStatements
The Fine Print
- Member must not have had prior checking account with TruStone.
- 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
A $20 fee is charged if the account is closed within 6 months of opening according to their fee schedule.
Our Verdict
This is a significantly better offer than before as previously it was only for $150 (although without a direct deposit requirement). Worth doing if you can easily change your payroll to trigger the direct deposit requirement and earn enough to get the full $350 bonus. Will add this to our list of the best checking account bonuses.
Hat tip to reader Ethan
Useful posts regarding bank bonuses:
William Charles
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