Deal has ended, view more bank account bonuses by clicking here.
Offer at a glance
- Maximum bonus amount:Â $300
- Availability:Â Must Reside in the State of Colorado or Texas
- Direct deposit required:Â Yes, $1,500+
- Additional requirements:Â None
- Hard/soft pull:Â UnknownÂ
- ChexSystems: Unknown
- Credit card funding:Â UnknownÂ
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit:Â One
- Expiration date:Â July 31, 2024
Contents
The Offer
- Independent Financial is offering a bonus of $300 when you open a new checking account and complete the following requirements:
- Receive $1,500 in qualifying direct deposits within the first 90 days
The Fine Print
- $300 bonus requirements: Offer applies to new customers only who open a consumer checking account with a $25 minimum opening deposit.
- During first 90 days from account opening, customer must make a total of $1,500 in qualifying automated direct deposits (salary, pension, social security or other regular income) in new account. Person-to-person payments and micro deposits are not eligible.
- One bonus per household. If qualifications are met, $300 will be credited to new consumer checking account within 120 days after opening.
- Bonus may be reported on a 1099-INT.
- Offer good through July 31, 2024.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees, there is a $2 paper fee.
Early Account Termination Fee
I wasn’t able to find the fee schedule so unsure if there is any EATF.
Our Verdict
Doesn’t seem to be working online but does seem to be working in branch. As always share any experiences in the comments below.
Hat tip to Nickelanddimeman
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- Introduction To ChexSystems
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