Reposting this, we originally said the credit card funding was limited to $300. One reader (Thanks Tzvi) let us know that you can fund up to $5,000 with a credit card which makes this offer more attractive.
Offer at a glance
- Maximum bonus amount: $125 in gift cards
- Availability: NationwideÂ
- Direct deposit required:Â Optional, at least two direct deposits of $300 or more (+$15 amazon gift card)
- Additional requirements:Â Yes, see below
- Hard/soft pull:Â Hard pull
- Credit card funding:Â Up to $5,000, no AmEx
- Monthly fees: None
- Early account termination fee:Â $25 if closed within 180 days
- Expiration date: None listed
The Offer
- Receive a $100 NBAStore.com Gift card when you activate the Bill Play game and make three qualifying bill pays of $50 or more to unrelated third parties
- Receive a $15 Amazon.com gift card when you receive two or more direct deposits of $300 or more within 90 days of account opening
- Receive a $10 iTunes gift card when you use your NBA check card 40 times within 30 days
The Fine Print
- You must activate the games (Bill Play, Direct Deposit Dash & Swipe For Songs) in online or mobile banking before completing the requirements
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
The NBA checking account does not come with any monthly fees. There is also an early account termination fee of $25 if you close your account within 180 days of account opening
Our Verdict
They used to offer the same bonus, but you also got $25/$50/$75 for just opening the checking account (depending on your state). The majority of this bonus is in the form of NBAstore gift cards, which can only be resold for 66% of face value. Because of that I don’t really think this bonus is worth doing, especially when they are so many better bonuses out there. The only advantage of this bonus is that it’s available nationwide. It might be worth considering purely for the $5,000 in credit card funding you can do though, if you used a 2% card you’d earn $100 on the funding alone.
We’ve added it to our list of bank bonuses available nationwide.