Offer at a glance
- Maximum bonus amount: $150
- Availability: All branches are in AL
- Direct deposit required: None
- Additional requirements: 5 debit card transactions and online banking
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: None listed
Contents
The Offer
- Bank Independent is offering new customers a bonus of $150 visa gift card when they open a new business checking account via referral and complete the following requirements:
- Completes five (5) or more business debit card transactions (excluding ATM withdrawals), AND
- Enrolls in online banking
- Person that refers them will also receive a $50 bonus
The Fine Print
- Please allow 4-6 weeks for delivery of your Reward Card after completing all requirements of this offer.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Micro business account has no monthly fees to worry about
Early Account Termination Fee
I wasn’t able to find a fee schedule so I’m unsure if there is an early account termination fee or not.
Our Verdict
Seems like an easy bonus to meet the requirements for, we just need somebody to find out if it’s a soft pull and share their referral information in the comments below.
Hat tip to reader EW
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- 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
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
