Posted by William Charles on June 16, 2017
Bank Account Bonuses

Published on June 16th, 2017 | by William Charles


[IN] Centier $200 In Branch Checking Bonus

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: Must open in branch, all locations are in IN [Branch locator]
  • Direct deposit required: Yes, $500+
  • Additional requirements: None
  • Hard/soft pull: Unknown 
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: $2, avoidable
  • Early account termination fee: Unknown
  • Household limit: One
  • Expiration date: None mentioned

The Offer

Direct link to offer

  • Centier Bank is offering a $200 bonus when you open a Centier Checking, 50 Advantage Checking or Interest Checking account and complete the following requirements:
    • Receive a direct deposit of at least $500 within 60 days of account opening

The Fine Print

  • Offer is not available to existing Centier Checking clients.
  • A direct deposit of $500 or more must be received within 60 days of account opening to receive the $200.
  • Limit of one $200 bonus per household. Offer good on Centier Checking, 50 Advantage Checking and Interest Checking accounts only. Bank rules and regulations apply. M
  • inimum opening deposit is only $50 for personal accounts. Centier Checking and 50 Advantage $2 monthly fee without Direct Deposit or e-Statements or a $100 minimum daily balance.
  • Interest Checking $4 monthly fee without Direct Deposit or e-statements along with a minimum daily balance of $500 or average monthly balance of $1,000.
  • These offers are available at select Centier Bank locations. Centier reserves the right to discontinue offer at any time. Cannot be combined with any other checking bonus offer.
  • Cash incentives may be taxable as interest income and reported on IRS Form 1099-INT.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

I wasn’t able to find a fee schedule so I’m unsure if there is any early account termination fee or not.

Centier & 50 Advantage – $2 Monthly Fee

$2 fee is waived if you do any of the following:

  • Opt for eStatements
  • Receive a direct deposit
  • Have a minimum daily balance of $100

Our Verdict

This offer has come up before (they have also offered a lower $100 bonus). If it’s a soft pull then I definitely think it’s worth doing if you live near a branch as $200 is on the higher end of the bank account bonus scale. As always please share your data points in the comments below.

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2 Responses to [IN] Centier $200 In Branch Checking Bonus

  1. joE says:

    good lord Will, what you smoking back their bud? I can’t keep up with all these posts today, nor can Chuck from the looks of things. So much for slow Fridays lol

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