[Expired] [IL] Better Banks $200 Checking Bonus

Deal has expired, view more checking bonuses by clicking here

Offer at a glance

• Maximum bonus amount: $200
• Availability: To open an account at Better Banks you must reside within the Illinois areas of Peoria, Dunlap, Bartonville, Wyoming, Chillicothe, Morton, and Astoria
• Direct deposit required: Yes, two direct deposits. No minimum mentioned
• Additional requirements: No
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: $25, 90 days
• Household limit: One
• Expiration date: March 31st, 2020

The Offer

Direct link to offer

• Better Banks is offering a checking bonus of up to $200 when you open a new checking account.
  • Receive $100 within 15 days of account opening
  • Receive an additional $100 when you receive at least two payroll direct deposits

The Fine Print

• You will receive a $100 credit to your new account within 15 days of opening your new personal checking account. To qualify for the additional $100 the account must receive at least 2 payroll direct deposits.
• The $100 credit will be posted within 60 days of second direct deposit.
• We may report value of any premium to the IRS.
• Limit one per household.
• Offer expires on March 31, 2020.
• 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

There is a $25 fee if the account is closed within 90 days of opening according to the fee schedule.

Our Verdict

Seems like a relatively good bonus, we just need to know if it’s a hard or soft pull to open. If anybody goes for it, share your experiences below.

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