Offer at a glance
- Maximum bonus amount: $125
- Availability: NY [Bank Locator]
- Direct deposit required: No
- Additional requirements: Deposit $1,500 within three months
- Hard/soft pull: Soft
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: None
- Expiration date: April 16th, 2016
The Offer
- Earn a $125 bonus when you open a Business Classic Checking Account with ESL when you complete the following requirements:
- Deposit at least $1,500 within three months of account opening
The Fine Print
- Limit one offer per business
- Cash bonus will be deposited to the new business checking account by 8/31/16
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
$50 Referral Bonus
You can also receive $50 for every friend you refer, I’m not sure if these stack but there is nothing say they don’t. Feel free to share your link in the comments below.
Avoiding Fees
This account has no monthly fees and there is no mention of an early account termination fee in their fee schedule either.
Our Verdict
This is a pretty good bonus if you live near a branch. If you have any experiences with this bonus, please share them in the comments below. We haven’t put it in our best of list due to having to open the account in branch and them having a relatively small footprint.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- PSA: Don’t Call The Bank
- Introduction To 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
No hard pull, no monthly fees, and no credit card funding.
Thanks, Charlie.
That’s my bank! :). You cannot fund with a credit card. But, for the other questions, I will check with my sister. She works there. Will let you know.
Thanks, Charlie. Nice piece in Skrift today with you as well!
Thanks, Will – same to you! Haven’t heard back from her yet but will let you know when I do!
Hey DoC! Just wanted to let you know that- as you speculated may happen soon- today there is a 5x eBay Bucks Offer that just came out, I got the email this morning. Great way stack with the gift card deals you posted recently.
A small question about the 5x eBay Bucks deals- in the fine print, it says you must pay with PayPal to qualify. Does that mean you can’t use a Credit Card directly on the eBay site to pay, and still get 5x Bucks? Or do you need to use your PayPal balance? I haven’t seen this mentioned anywhere, which is why it surprised me. Thanks!