This bonus has expired, but there is a new bonus for $100 with no requirements.
Offer is no longer available in Texas and has been extended to May 31st in other states July 31st, 2015 September 15th, 2015 December 31st, 2015 January 31st, 2016 March 31st, 2016 June 30th, 2016 August 31st, 2016
Offer at a glance
- Maximum bonus amount: $100
- Availability: KS, MO, NE, IA, WY, CO only
- Direct deposit required: No
- Additional requirements: Minimum account opening of $100
- Hard/soft pull: Soft pull
- Credit card funding: Up to $1,000 see what is and isn’t coded as a cash advance. Visa & Mastercard only
- Monthly fees: None
- Early account termination fee: 90 days otherwise bonus is forfeited
- Expiration date:
December 31st, 2014February 28th, 2015Extended until May 31stJuly 31st, 2015 September 15th, 2015December 31st, 2015January 31st, 2016 March 31st, 2016August 31st, 2016
The Offer
- Open a free checking account with Pinnacle bank with a minimum opening deposit of $100 and receive a $100 bonus
The Fine Print
- Account must be opened online
- Minimum opening deposit is $100
- Maximum of one bonus per customer
- Valid for new checking account customers only
- To be considered a new checking account customer, you must not have had an account open in the previous 48 months with Pinnacle
- Money will be deposited within 90 days of account opening
- Offer valid until December 31st
- 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, you must keep the account open for a minimum of 90 days otherwise you will forfeit the bonus.
Our Verdict
Considering this bonus doesn’t have any requires and it’s fee free and you can fund up to $1,000 with a credit card, this is a very good offer. Especially if you don’t particular like the hassles of bank bonuses. I just wish it was open to more states, I’ve added it to our best bank bonus page.
Direct link to offer [For Kansas, Missouri Nebraska, Iowa, Wyoming, Colorado] | Screenshot of offer
8/8: Applied for account online; Funded with $1000 from Chase Freedom Unlimited
8/10: Account activated; applied for online access; online access granted; $1000 cleared (coded as purchase)
11/14: Called regarding the bonus not received yet; was told to call back during normal business hours when “that department” is open
11/15: Called again and was told that bonuses go out in weekly increments and to call back on 11/18 if bonus not received
11/18: Called again and was told that bonuses got out in batches a couple of times a month and to call back in a week if not received by then
11/30: Called again and was told that the bonus “should be in there by the end of this of week”
12/8: Called again and was told that there was a problem with the system and that I will have the bonus “by the end of the day”; $100 bonus received later in the day
12/13: Account withdrawn to $0
12/15: Attempted to close account via online chat but was told that it would close automatically in a few weeks because it had $0 balance
1/3: Logged into account and could see that it was closed
8/29: Opened account, funded with Citi Hilton (billed as purchase)
12/01: “Account opening bonus” $100 posted
Side note: I needed to finish off the initial spend on a card so I opened a savings account in October for $1000, funded with card (also billed as purchase). No bonus for this account obviously, but easy way to finish off the minimum spend for a card bonus.
Thanks DoC!
Opened 07/08/2016 $500.00 CC deposit. Used the account very modestly. Bank said they were MO deposit friendly crediting MO deposits same day. That advice has been true for the few times I have made MO deposits including today (10/10/2016).
10/10/2016 Account Opening Bonus $100.00 credited despite it being Columbus Day which is a bank holiday for much of the USA.
I got my new CSR card today. Called and lowered the CA limit to $100, then did some real grocery shopping, came home and opened the Pinnacle account. I funded it with 1K from the CSR and it’s pending. They said they are reviewing the account. Their questions were kind of funny because they were all about my family and not about me. Anyway, thanks a lot for this. I needed the 1K in spending. Also, I thought it was kind of strange that my CSR card came in the mail already activated.
Tried to open account on 8/25 with $1000 Citi Hilton, was denied due to “inability to verify identity.” Called rep, was advised to reapply. Reapplied today, funded with $400 on Citi Hilton. Approved 2 hours later. Charge shows as pending purchase with Citi. Original $1000 charge still showing as pending with Citi Hilton.
Deposited MO in B&M location today .. Bank indicated those funds post and available same day. Checked on line. Seems to be correct. Debit card action same day when thru normally.
Got shut down today. Wal-mart MoneyGram MO apparently was the trigger. 6 x $1000.00 the same day. No previous MS MO problems.
Funding DP: funded $1k with Fido 2% Visa, posted as purchase. 🙂
Anyone knows about maintenance of the account going forward after getting the bonus?
Is canceling /closing the account going to be tricky in the future?
90 days and no bonus. I’ll call them today.
Bonus added to account. Now how do I withdraw?
Anyone have issues getting past the funding page in the application? It just hangs without progressing. I can login to the app again and retry where I left off, but it does the same thing. I click Continue, and the button changes to the animated button and then never progresses. I’m using my Citi AAdvantage Business card and have set cash advance limit to $0. Could that be the issue? That’s it’s trying to do a cash advance (at least initially)? Others here have been using Citi Premier, so I was hoping this would work… Thanks!
I have tried different credit card and had the same issue. I called the bank and they said they are aware of it and working on it. Try back later.
Ah, thanks for sharing. I was assuming it was just because it was trying to do a cash advance and not going through. So they didn’t offer to take your credit card by phone or anything? Update us if you hear anything new or get it to go through! Thanks,
–Kyle
I tried to log in to complete the application tonight. It went through the funding page and completed the application. I funded $1000 with Chase UA with CA set to zero.
Awesome, thanks! I finally got it to go through for me as well – funded $1,000 with Citi AAdvantage Biz card. 🙂