[Expired] [KY only] Kentucky Bank $100 Checking Bonus, No Requirements

Deal has now ended, view more bank account bonuses by clicking here.

Offer at a glance

• Maximum bonus amount: $100
• Availability: KY only
• Direct deposit required: No
• Additional requirements: None
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: None
• Monthly fees: $4, avoidable
• Early account termination fee: $25, 90 days
• Household limit: None listed
• Expiration date: October 14, 2020

The Offer

Direct link to offer

• Kentucky Bank is offering a bonus of $100 when you open a new smart checking account

The Fine Print

• Offer only valid when opening one of our Smart eAccounts online.
• You must open your new account by 10/14/2020.
• After opening your Kentucky Bank checking account, we will deposit the bonus in your new account within 90 business days.
• Only valid for new Kentucky Bank checking customers.
• Limited time offer—may be discontinued without notice.
• The offer is not available to those whose accounts have been closed within 90 days of opening or closed with a negative balance. $25 minimum deposit required to open account.
• Bonus may be taxable as interest income and reported on IRS Form 1099-INT. Consult a tax advisor.
• 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 a $4 monthly fee. You can reduce it by the following amounts:

• Direct deposit refund – ($2.00)
• eStatement refund – ($2.00)
• Military refund (active & veteran) – ($4.00)
• Student refund (under age 23) – ($2.00)

Early Account Termination Fee

There is a $25 fee if closed within 90 days

Our Verdict

No requirements for the bonus, but a bit annoying to keep the account fully fee free. Although with just eStatements it’s only $2 a month so not that bad depending on how long the account needs to be opened/how long it takes for the bonus to post. Worth doing if it’s a soft pull.

Hat tip to reader Jordan

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