Offer at a glance
- Maximum bonus amount: $300
- Availability: AR, TX, TN, OK, MO & KS
- Direct deposit required: Yes, $1,000+
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: November 30, 2025
Contents
The Offer
- Simmons Bank is offering a $300 bonus when you open a new checking account and complete the following requirements:
- Use promo code SB2
- Have active digital banking.
- Have direct deposits totaling $1,000 or more per statement cycle
The Fine Print
- To receive a Bonus, Eligible Customers must:First, open a new Classic Checking, Coin Checking or Simply Checking account online using the specified promo code or at a branch between September 22, 2025 and November 30, 2025.
- Second, enroll in Online Banking and access the Account via the Simmons Bank Mobile app or on our website at simmonsbank.com in the first statement cycle and again within ninety (90) days after the Account Opening Date.
- Third, maintain the Account as open and in good standing (as determined by Simmons Bank) from the date the Account is assigned an account number (“Account Opening Date”) until the Bonus is awarded.
- Fourth, meet all requirements for the following Bonus tier during one (1) (or more) of the first four (4) statement cycles after the Account Opening Date. A maximum of three (3) Bonuses may be earned within the first four (4) statement cycles after the Account Opening Date.
Tier 1 – Earn $100 for each statement cycle
Receive one (1) or more qualifying direct deposits in your Account totaling at least $1,000 during the statement cycle.1 - All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Simply checking has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find any mention of one in the fee schedule.
Our Verdict
Not as good as the recent $600 bonus that was recently offered. Because of that we won’t add it to our best bank account bonus page.
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
