Posted by William Charles on February 16, 2019
Bank Account Bonuses

Published on February 16th, 2019 | by William Charles


[IL only] Home State Bank $300 Checking Bonus

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: In branch only, all branches are in IL [Branch locations]
  • Direct deposit required: Yes, recurring $500+
  • Additional requirements: See below
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: Six months, bonus forfeit
  • Household limit:  None
  • Expiration date: March 31st, 2019

The Offer

Direct link to offer

  • Home State Bank is offering a bonus of $300 when you open a new checking account and complete the following requirements:
    • Print off voucher and bring it to any home state bank full service lobby
    • Open a free express checking account
    • Set up regular recurring direct deposits ($500 minimum per month) and eStatements

The Fine Print

  • Express Checking offer is not available to existing Home State Bank consumer checking account customers, those with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance.
  • To receive the $300 offer, open a new checking account, which is subject to approval; deposit $100 or more at account opening; and have a $500 minimum monthly direct deposit made to this account within 60 days of account opening.
  • Your ongoing monthly $500 minimum direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as social security) from your employer or the government.
  • After you have completed all the above checking requirements, we’ll deposit $300 in your new account within 30 business days
  • . You can receive only one new checking account opening related promotional offer per calendar year.
  • Offer ends March 30th, 2019.
  • 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, but you need to opt it to paperless statements or you will be charged a $5.27 paper statement fee.

Early Account Termination Fee

If the account is closed within six months the $300 bonus is forfeit

Our Verdict

Nice sized bonus, we obviously need to know if it’s a hard or soft pull but you should be able to ask this before opening the account. If anybody goes for this bonus then please share your experiences in the comments below.

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brandon r
brandon r

any idea if you’re from chicago (cook county) they’ll let you open in branch and get the bonus? dont wanna waste the trip out there. i see most of the branches are only in the northern IL suburbs so not sure how strict they are?


Same, I’m willing to try but this is a 1+ hour drive for me from cook county suburbs.


Please report back! I’d have to take the UP-NW out to Cary.

Brandon R
Brandon R

Did you try?


does anyone know if they are chex sensitive or not? i live 45min away and might drive to try to open in branch but hoping its not a waste of my time and there’s no risk of getting denied..

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