There is now a better bonus for $150. More info here.
Offer at a glance
- Maximum bonus amount: $100
- Availability: In branch only, all locations are in OklahomaÂ
- Direct deposit required: Optional
- Additional requirements: None
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: UnknownÂ
- Monthly fees: $7.95, avoidable
- Early account termination fee: $100, six months
- Expiration date:
March 31st, 2017December 30th, 2017 - Household limit: One
The Offer
- Bank of Oklahoma are offering a checking bonus of $100 when you open a new checking account and do either of the following:
- Set up direct deposit ($250 minimum)
- Make 10 debit card transactions of at least $10 each
The Fine Print
- 100 offer is valid for personal checking accounts opened on 1/2/17 through 12/30/17.
- Offer is not available on account conversions, is not applicable to Student or Employee Checking accounts, and is limited to households that do not currently maintain a personal checking account.
- Accounts are subject to our standard eligibility and documentation requirements.
- $50 minimum opening deposit balance required.
- Bonus will not be considered part of the minimum opening deposit.
- Bonus cash is considered interest and is reportable on IRS Form 1099-INT.
- Limit one (1) per household.
- The $100 will be deposited ten (10) days after the conditions noted below have been met, if the account is open, active and in good standing.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
The easiest account to keep fee free is the choice checking account, this has a monthly fee of $7.95 and you can waive that when you do any of the following:
- Total of $300 direct deposit(s) (per statement cycle)Â OR
- $1,400 average monthly collected balance OR
- $5,000 average monthly collected balance in combined deposit balances (checking, savings or money market)
You’ll also forfeit the bonus if you close the account within six months of opening.
Our Verdict
Pretty good bonus as no direct deposit is required and it isn’t too difficult to keep it fee free. Because of the fact that no direct deposit is required, we will be adding this to our list of the best checking sign up bonuses.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
This offer is now $150:
http://response.bankofoklahoma.com/chk150b-tulsem?gclid=Cj0KEQjwmcTJBRCYirao6oWPyMsBEiQA9hQPbt07Bm7Cs3pZiCmSen7eRSYH8tBPWM1R-6MiL7Hatt0aAmOn8P8HAQ
Link to Coupon:
http://response.bankofoklahoma.com/150coupon17b-tulsem?elqTrackId=afc4000a754f434daa51bc43258fb7a3&elq=00000000000000000000000000000000&elqaid=637&elqat=2&elqCampaignId=
Valid 5/1/17 through 12/30/2017.
Opened an account about 2 years ago in a branch. Account opening was a soft pull
Correction: There was no pull (soft or hard). Only chex systems.
This offer has been extended to 12/30/17.
Doesn’t look like it to me – the fine print at http://response.bankofoklahoma.com/chk350-16 still says, “$100 offer is valid for personal checking accounts opened on 1/2/17 through 3/31/17.”
Try this page (I got this as a targeted google add when searching “bank signup bonus” within Oklahoma):
http://response.bankofoklahoma.com/chk350-16?source=sem&mkt=18&city=tulsa&gclid=Cj0KEQjwrYbIBRCgnY-OluOk89EBEiQAZER58ga2KCoZ20axkKsrLKbrGEkE-Oo7q-pbYOFIjz9NpjYaAlJ58P8HAQ
or the direct link to the coupon:
http://response.bankofoklahoma.com/sem16-coupon?elqTrackId=5494a0b2576e417b9fe8474bf8c775f6&elq=00000000000000000000000000000000&elqaid=223&elqat=2&elqCampaignId=
I signed up today, and they will need you to take the coupon in. I’ll report back when/if I receive the signup bonus.
I used Fidelity to fund my direct deposit ($300) and received the $100 bonus one week later.
It’s getting close to the expiration, but I wanted to give my data points for future use.
2/25 Signed up for Choice Checking (soft pull)
3/6 Transferred $300 from Bluebird to BOK (also avoids monthly fee)
3/15 $100 Bonus Posted (exactly 10 days after direct deposit posted, BOK is quick!)
BOK runs all credit cards as a cash advance in branch, but my banker didn’t know what the limit was for funding an account.
The bank said funding with a credit card for the opening deposit is coded as a CA. Thus, I did not try funding with a credit card.
Thanks for info, usually in branch is a CA.
From requirements:
Complete 10 eligible Debit Card transactions of at least $10.00 per transaction. ATM transactions are not eligible. We reserve the right to disqualify Debit Card transactions in circumstances where we reasonably believe they were not made in good faith.
Thanks, updated.