Offer at a glance
- Maximum bonus amount: $350
- Availability: IL only
- Direct deposit required: Yes, no minimum mentioned
- Additional requirements: Yes, see below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date: None listed
The Offer
- United Trust Bank is offering a $350 bonus when you open a new checking account and complete the following requirements for three consecutive statement cycles:
- Set up a qualifying payroll or retirement direct deposits
- Activate debit card
- Complete at least 10 debit card/POS transactions
- Enroll in online banking and eStatements
The Fine Print
- To earn the $350 bonus, receive qualifying payroll or retirement direct deposits for 3 consecutive statement cycles, activate your debit card and complete at least 10 debit card/POS transactions, and enroll in Online Banking and eStatements. Meet all bonus requirements within 120 days of account opening. Account must remain open at least 180 days after opening or the bonus may be forfeited or charged back. See account disclosure for full details.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Free checking has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
Seems like you can’t open this specific checking product online, so not sure if you have to open in branch?
Hat tip to reader snailrock
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
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