Posted by William Charles on September 26, 2018
Bank Account Bonuses

Published on September 26th, 2018 | by William Charles


[IL, MN & WI only] Associated Bank $175+ Promotion, No Direct Deposit Required + $50 Per Referral

Update 09/25/18: If you open a Brewers account by November 1st you get the standard $175 checking bonus but you also get an additional $5 bonus for every game the Brewers win in September. They are currently on 14 wins in September (extra $70) with an extra four games to come. This makes the deal better than it normally is. Looks like the extra $5 is in Brewers Bucks, not cash. More details here Hat tip to reader Lo.

Update 04/11/18: Deal has increased to $175 from $150. Hat tip to reader Jennifer.

Offer at a glance

  • Maximum bonus amount: $150
  • Availability: IL, MN & WI only 
  • Direct deposit required: Optional
  • Additional requirements: Three bill pays or a direct deposit of $300+
  • Hard/soft pull: Soft
  • Credit card funding: Up to $1,200, no American Express cards.
  • Monthly fees: $11, waivable 
  • Early account termination fee: Bonus forfeit if closed within 12 months
  • Expiration date: February 26th, 2016 March 31st, 2016 May 31st, 2016 December 31st, 2016 June 30th, 2017 or December 31st, 2017 June 30th, 2018 March 31st, 2019

The Offer

 Badgers Offer | Brewers | Packers

  • Open a Checking Account from AssociatedBank and receive a $175 bonus when you do the following:
    • Open your account with a minimum opening deposit of $100 by (date that changes based on the offer you go for)
    • Make three online bill payments OR add a direct deposit of $300 within 45 days of account opening
  • You can also get a $100 bonus when you open a money market account with a minimum opening deposit of $10,000. You must maintain that balance for 90 days to receive the bonus.


The Fine Print

$175 checking bonus:

  • Offer limited to qualifying checking accounts opened before March 31, 2019.
  • Minimum deposit required to open is $100.
  • Deposits from existing accounts do not qualify.
  • Customer must complete a minimum of three payments using online bill pay OR have one direct deposit of $300 or more to their account within 45 days of account opening.
  • Bonus will be deposited into their account within 75 days of account opening after meeting the qualifications.
  • Account must be open at the time the bonus is paid and must remain open for a minimum of 12 months.
  • If the account is closed within 12 months, Associated Bank reserves the right to deduct the monetary bonus from the account prior to closing.
  • Customers with an Associated Bank checking account in the last six months, joint owners on an existing Associated Bank checking account and Associated Bank colleagues are not eligible. Popmoney® and transfers to external accounts do not qualify for the required transactions to receive the monetary bonus. Exclusions apply. Primary owner on the account must be 18 years or older to qualify. Offer limited to one per household, cannot be combined with other offers and is subject to change (at Associated Bank’s discretion) at any time without notice. For tax reporting purposes, a 1099 may be issued at year-end for the year in which the bonus is given.

$100 money market bonus:

  • Offer expires March 31, 2019.
  • A minimum opening deposit of $10,000 is required to receive the bonus and at least such amount must remain on deposit for 90 days to receive the bonus.
  • Deposits from existing accounts do not qualify; funds must be from outside of Associated Bank. $100 bonus will be deposited into money market accounts within 120 days of account opening.
  • Account must be open at the time the bonus is paid and must remain open for a minimum of 12 months.
  • If the account is closed within 12 months, Associated Bank reserves the right to deduct the monetary bonus from the account prior to closing.
  • Primary owner on the account must be 18 years or older to qualify.
  • Offer not available to households who already have or have had a money market account at Associated Bank within the last six months. A
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

There is a $11 monthly maintenance fee which is waived if you meet any of the following requirements:

  • $1,000 minimum daily balance
  • $2,500 in combined deposits
  • Direct deposits combining $500 or more per month
  • Under the age of 24 and enrolled in paperless statements.

There is no early account termination fee, but the account needs to be open  for 12 months or the bonus is forfeit.

$50 Referral Bonus

You can also refer friends if you visit here. You’ll receive $50 Visa gift card per person you refer and they should still be able to sign up for the $150 bonus (if anybody successfully does this, please confirm). Feel free to share your referral links in the comments, but make sure you also let us know some useful information (e.g soft pull/credit card funding etc etc) or your referral link will be removed.

Our Verdict

This seems like a pretty good bonus, especially because there is no direct deposit required. It’s a shame that you can only fund $200 with a credit card, but $175 is still a good bonus. This is worth completing if you live in the target area and it’s one of the better checking bonuses out there. The money market bonus is basically $100 for depositing $10,000 for 90 days, that works out to be about 4% APY. Good but not great, there are better high yield accounts out there that are ongoing.

Useful posts regarding bank bonuses:


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I’m in the target area- here’s the fee schedule and exemptions (

There’s an option to fund via CC, so I’ll give that a try and report back.

Update: CC Funding is limited to $200

Works for address in Chicago area. They use popmoney for bill payments, which has citi, discover, chase, wells fargo on as payees. There are also utilities along with mortgage etc. No AMEX bill pay unfortunately.

As for CC funding I used my Citi DC and it posted as a purchase.

Here is my referral link if anyone wants to sign up.

Added the data point, thanks

Couldn’t apply with a northern VA zip code “not in service area”

The expiration date at the top of the post should be February 26th, 2016.

The offer page now says the offer expires March 31, 2016

Is this a soft pull it hard pull I did not see that listed

DisRegard it was listed, My Bad..

Also no Amex for funding. Most of my other cards were tied up with other things, so used Freedom. Will report back if it was purchase or CA.

I’d like to think that the Packers purposely run this promo in the State of Purple (MN)… it’s yet another attack on our home football team…. just saying.

If the Packers aren’t your thing and the Brewers are, there’s a $100 bonus for Brewers checking with similar requirements.

I am a Vikings fan and I will gladly take the $150 bonus and then run the Packers debit card through my credit card shredder.

I’m doing the same – I’m from Chicago and went to school in MN – Packers are the devil!

Hum. Step two of the application, Account Selection, does not let you deselect “Debit/ATM Card Overdraft Service” under the “Additional Products and Services” section! I assume that means hard pull? Going to save my app for later until someone confirms.

I signed up for both this offer and business checking within the last couple weeks, I have not been hit with any hard pulls for this bank.

Thanks for the reply, Douglas. Do you recall if you selected the ATM overdraft option?

I always try to decline that option if possible to avoid a hard pull. I want to say I did but unfortunately I don’t remember for sure.

I went ahead and pressed on to finish my app. After that screen, you are taken to another screen to agree to the overdraft terms. There you can opt out. Totally not obvious from the previous screen, but I did it and assume not hard pull was involved.

Came here for this. still valid. thanks

[…] special thank you goes out to Doctor Of Credit for posting about this […]

Any data points on what works as a direct deposit? Figure that’s the easiest way to keep it free and meet requirement.

For the 3 “bill pays”, would paying credit card bills count for this?

Referral link for you to use! $50 for me. Much appreciated!

Can confirm what Brandon said in his comment for fee schedule. I did try going over stated limit for cc funding, but the system wouldn’t let me. Thought it was worth a try! I was not dinged with a hard pull (declined overdraft service).

Just opened up an account today. Funded with bank account online. Called in to confirm the $150 offer was indeed applied.

Note that you can (and should) apply for the basic “Associate Checking,” not the “Associate Elite Checking” (unless, of course, you want to be subjected to a higher monthly fee and, thus, higher requirements to waive the fee).

My referral link (in both short and long forms):

Short form:

Long form:

Thanks, DoC!


Note that the link I provided specifically references the $150 offer. Whether you use my link or a different one, I would probably try for the $150 verbiage to be safe…

Strange, I called and rep told me you can open the Packers account online but are not eligible for the bonus unless opened in a branch.

You are definitely eligible for the $150 bonus through an online application. Like I said, I called and verified that everything was applied correctly. It might help to reference the offer code that gets auto-populated on the bottom of the application (9500?).

Im going to sign up within 24 hrs with your referral. What kind of id verification did they need while signing up. I live in chicagoland but will apply from asia with a vpn proxy set to a US server.

also does ach transfer from other banks count as a dd?

I believe I used my MN driver’s license as the ID. Most all ACH transfers seem to work fine. Good luck!

Can anybody comments on the ability to remote/mobile deposit MOs with this bank? Thanks.

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