[Expired] [IL, In Branch only] Byline Bank $325 Checking & $125 Savings Bonus

Deal has expired, view more bank account bonuses by clicking here.

Offer at a glance

• Maximum bonus amount: $450
• Availability:  In branch only, all branches are in IL
• Direct deposit required: Yes, for full bonus. Minimum of $1,000
• Additional requirements: None
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: $0-$3
• Early account termination fee: $25, six months
• Household limit: None listed
• Expiration date: December 31st, 2019

The Offer

Direct link to offer

• Byline bank is offering up to $450 when you open personal accounts. Bonuses are as follows:
  • Up to $325 when you open a checking account. Bonus is broken down as follows:
    • $25 when you enroll in eStatements within your first statement cycle
    • $75 when you make at least 10 debit card transactions per cycle during the first three statement cycles ($25 bonus per cycle)
    • $75 when you direct deposit at least $1,000 into your account in the 2nd, 3rd and 4th statement cycles ($25 bonus per cycle)
    • $150 bonus when you maintain an average monthly balance of $2,500 for the first three statement cycles ($50 bonus per cycle)
  • $125 personal savings bonus when you maintain an average monthly ledger balance of $2,500 per statement cycle ($25 bonus per cycle for up to five statement cycles)

The Fine Print

• Offer valid until December 31, 2019. Byline Bank reserves the right to change or terminate this offer at any time.
• Social Security Number or ITIN required.
• Customers who currently have, or have had the same personal account type with Byline in the past 12 months are ineligible for bonus.
• Bonus will be deposited into your newly opened account within 30 days of bonus qualification, per qualifications listed below. B
• onus will be listed on your statement as a rebate and may be tax reportable.

Avoiding Fees

Monthly Fees

Freedom checking has no monthly fee to worry about. Statement savings has a $3 monthly fee if the balance requirement of $200 is not met

Early Account Termination Fee

There is an early account termination fee of $25 if the account is closed within six months according to the fee schedule.

Our Verdict

Last year they offered a $200 bonus. This is a much bigger bonus and the requirements are fairly similar. This one should be worth doing if it’s a soft pull to open and as you need to open in branch it should be possible to ask if it’s a soft pull before opening. There is also a $1,200 business bonus as well. If you go for this bonus then please share your experiences below.

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