Offer at a glance
- Maximum bonus amount: $100
- Availability: Illinois
- Direct deposit required: Optional
- Additional requirements: Six qualifying transactions
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Six months otherwise bonus is forfeit
- Expiration date: June 30th, 2015
The Offer
- Receive a $100 sign up bonus when open a new SBT and use the promotional code 7750. You must also initially deposit at least $50 and complete at least 6 qualifying transactions for the next two consecutive statement cycles
The Fine Print
- Qualifying transactions include direct deposit, payments made by check, third party payments, debit card purchases of $5.00 or more and electronic bill payments
- Bonus will be paid out within 90 days of requirements being met
- Payments to account holder, transfers, and consecutive debits from the same terminal within a 24 hour period will not qualify
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
This account has no monthly fees, but you must opt in for eStatements. You will forfeit the bonus if you closed the account within six months of opening.
Our Verdict
I swear I had posted about this offer before, but I couldn’t find anything so apologies if this is a repost. This bonus seems like a good one, as long as it’s a soft pull. 12 debit card purchases of over $5 each is pretty easy to meet and also means that we don’t have to worry about direct deposit requirements.
Keeping the account open for the six months required is also easy considering there is no account servicing fee. If I lived in this area I’d complete this offer if I could confirm that it was only a soft pull. If you have any experiences in with this offer then please share in the comments below.
As always, this offer has been added to our database of bank bonuses and you can find the best current bank bonuses here.
Direct link to offer | Screenshot of offer