Offer at a glance
- Maximum bonus amount: $200
- Availability: Iowa, Minnesota, South Dakota, Nebraska, and North Dakota
- Direct deposit required: Yes, no minimum mentioned
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: 90 days, bonus forfeit
- Household limit: None
- Expiration date: None listed
Contents
The Offer
Direct link to offer (shows on homepage)
- Frontier Bank is offering a bonus of $200 when you open a BIG DEAL® Cash or Cash Back account online and receive $200. Must complete the following requirements:
- Have a minimum of 12 debit card transactions post and settle during the monthly qualification cycle;
- Have at least 1 direct deposit or automatic payment post and settle during the monthly qualification cycle
- Receive eStatements through our online banking platform.
The Fine Print
- Must be 18 years of age or older to qualify.
- $50 minimum deposit is required to open the account and obtain the bonus.
- Qualifications1 must be met within the first 60 days of account opening.
- The bonus will be deposited into your BIG DEAL® checking account with 70 days after the new account is opened.
- The bonus is considered interest.
- If your BIG DEAL® account is closed within 90 days of account opening, Frontier Bank may deduct the account opening bonus at closing.
- Limit of 1 bonus per account per calendar year.
- Offer not valid for switching from a current Frontier Bank account to a new BIG DEAL® account.
- Offer available for a limited time.
- All regular account opening procedures apply.
- 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 to worry about.
Early Account Termination Fee
Account needs to be kept open for 90 days or bonus will be forfeit.
Our Verdict
Nice bonus with relatively easy requirements as well. Will add this to our list of the best bank account bonuses.
Hat tip to reader JD
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- 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 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
How long does it take for the bonus to post after completing requirements?
Is it dead now? Cant find $200 offer at their home page. It was there 1-2 weeks ago
I was going to have my wife apply using the same link I used and it appears to be dead. Way too good of a deal.
At the bottom of the page, there’s still the requirements for the bonus. Let’s pray it comes back soon!
I generally steer clear of bonuses with a certain number of POS transactions, because they can be a pain. Direct deposit I can handle painlessly through my employer online. Any suggestions of how to hit the POS transaction requirement, especially considering that there will likely be a manual review by employees?
amazon reload or venmo. and while they are doing manual review, it seems like they don’t care if you make it obvious; they pay out regardless. And you can do a bill pay instead of the real DD if that’s easier.
Thanks! Doesn’t this stipulate you need to use POS? Amazon doesn’t seem to request a pin. How does this trigger?
no idea and that really doesn’t matter; it works
The appeal of this account isn’t just the bonus, but the fact that it pays 2.25%. That’s above average for a rewards checking account, and 12 no-minimum spend transactions + 1 DD or bill pay, are more reasonable targets than other CUs/banks, which typically required 15, $5+ transactions, logging in at least once a month, a DD, etc.
12x venmo debit txns and 1 bill pay triggered the bonus and I was sent a lovely handwritten note. Such nice people.
How does the Venmo debit transactions work? Did you transfer money to Venmo using your Frontier acct and routing #s?
You use the debit card as a funding source. Venmo doesn’t charge for sending money via debit card
Received a hand written letter that my bonus posted even before I met the requirements. The small town bankers are so nice it makes me feel bad taking their bonus money. I wonder if depositing $25K at their bank for 2.25% interest is worth the risk of having this much money at a bank that would be very hard to visit in person if there are issues???
I can’t imagine you’d have a problem with their reps. Very friendly on the phone from my experience.
I’m also seeing a $5 credit (likely for signing up for estatements).
You can see the image of the counter deposit slip for this credit. They are manually done by a bank employee. I’d guess the full bonus will be manually reviewed and applied the same way.
Has anyone received their debit cards yet?
nope. “The card and checks will be mailed to you within 10-12 business days.” I opened last week and expect to see the card sometime next week.
Just got mine today
I received the account opening package today and the Account number is nowhere to be found.
Emailed the banking agent where to find it. Waiting for the response.
Really? It was all over the pages that I had to sign and it was written on the little card included in the folder.
The application page seems to be down now
I got stuck at the last step, can’t check the box for disclosure to submit the application. How did you solve this?
I had a comment lower that I was stuck as well. I opened up saved application and went back as far as I could to the start and uncheck and rechecked everything. I also took out funding and said I would fund later and was able to get the disclosures to pull up after multiple attempts trying to get it to go through. Good luck!
Thank you! I saved and tried today, it worked!