Offer at a glance
- Maximum bonus amount: $150
- Availability: IL
- Direct deposit required: Yes, no minimum mentioned
- Additional requirements: None
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: One
- Expiration date: None listed
Contents
The Offer
- Republic Bank is offering a $150 checking bonus when you complete the following requirements
- Complete a direct deposit (no minimum mentioned)
The Fine Print
- Offer of $150 bonus is not available to existing Republic Bank of Chicago checking clients.
- Setup and complete a direct deposit to the checking account within 60 days of account opening to receive the $150 bonus.
- The $150 bonus will be deposited to your checking account 30 business days after adding direct deposit.
- The $150 is considered interest and may be reportable for tax purposes.
- If account is closed within 6 months of opening, bonus will be deducted before account closing.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Account has no monthly fees to worry about
Early Account Termination Fee
Bonus is forfeit if closed within six months of account opening
Our Verdict
Previous there was also a $250 savings bonus as well. Need to know if it’s a hard or soft pull.
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
