Offer at a glance
- Maximum bonus amount: $250 + water bottle
- Availability: Florida
- Direct deposit required: No
- Additional requirements: 12 debit transactions
- Hard/soft pull: Soft
- ChexSystems: Yes
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: $50 if closed within 180 days
- Household limit: One
- Expiration date: None listed
Contents
The Offer
- Liberty Savings Bank is offering a $250 bonus (and an America250 water bottle) when you open a new checking or savings account and complete the following requirements:
- Deposit $5,000+
The Fine Print
- Bonus and Gift Eligibility: Offer valid for a limited time only and subject to change or cancellation without notice. To qualify for the $250 cash bonus and the Liberty Savings Bank Tervis America250® Bottle, you must open a new qualifying Liberty Savings Bank personal checking or savings account. This offer is intended for customers establishing a new checking or new savings relationship with Liberty and is not available for opening additional accounts when both account types are already maintained. Certificate of Deposit (CD) and Individual Retirement Accounts (IRA) are strictly excluded from this offer.
- Deposit Requirements: An opening deposit of $5,000 or more is required into the new account.
This deposit must consist of “new money” only. New money is defined as funds not currently held on deposit in any existing Liberty Savings Bank account or affiliated account within the last 90 days. - Bonus Fulfillment:
- $250 Cash Bonus: The $250 bonus will be deposited directly into your new eligible account within 30 days following the verification of the initial qualifying $5,000 deposit, provided the account remains open and in good standing.
- Tervis America250 Bottle: The promotional gift will be awarded at the time of account opening (in-branch) or shipped/distributed within a reasonable timeframe, while supplies last. Liberty Savings Bank reserves the right to substitute a gift of equal value. Limit one gift and one cash bonus per customer/household.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Freedom checking has a $4.95 monthly fee and this is waived with a $500 minimum balance. Savings accounts don’t have any monthly fees.
Early Account Termination Fee
According to this fee schedule there is a $50 fee if closed within 180 days.
Our Verdict
We’ve posted about liberty savings before when they had a higher than normal high yield account with easy requirements. Definitely think this bonus is worth doing if you have the money to spare and this will be added to our list of the best bank account bonuses.
Hat tip to reader bockrr
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- 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 Calculate And Share Your ChexSystems Datapoints
- 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
