[OH only] Westfield Bank, FSB $100 Visa Gift Card Checking Promotion – No Bonus Requirements

Offer at a glance

• Maximum bonus amount: $100 Visa gift card
• Availability: OH only [Branch Locator]
• Direct deposit required: None
• Additional requirements: Initially open with at least $100
• Hard/soft pull: Unknown
• Credit card funding: Unknown 
• Monthly fees: $4, waivable
• Early account termination fee: 180 days, otherwise bonus is forfeit
• Expiration date: April 8th, 2016

The Offer

Direct link to offer

• Receive a sign up bonus of a $100 Visa gift card when you open a new reserve checking account with Westfield Bank, FSB in Ohio and do the following:
  • Open the account with a $100 minimum

The Fine Print

• To obtain the $100.00 prepaid VISA gift card (bonus), you must open a new Reserve Checking account with an initial deposit of at least $100.00 on or before April 8, 2016
• The new account must be opened with money not currently on deposit with Westfield Bank, FSB
• The new account must remain open for at least 180 calendar days, or the amount of the bonus will be deducted from the account at closing
• The bonus will be given at the time the account is opened and the required minimum opening deposit is made.
• There is a limit of one bonus per household (same address)
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

$100 Early Account Termination Fee

There is an early account termination fee of $100 if the account is closed within 180 days (they take back the bonus)

$4 Monthly Fee

This account comes with a $4 monthly fee that is waived if you have a minimum balance of $1,000 or receive a direct deposit (no minimum specified).

Our Verdict

Always nice to see bonuses with no bonus requirements and pretty easy to keep fee free as well, shame it’s a Visa gift card instead of straight cash but worth doing if it’s a soft pull (even moreso if you can initially fund with a credit card). If anybody has any experience/data points please share them in the comments. We’ll probably add this to the list of the best bonuses if we can confirm it’s a soft pull.

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• How To Use Our Direct Deposit Page For Bank Bonuses Page
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