Deal has ended, view more checking offers by clicking here.
Update 12/15/21: Terms now state ‘One offer per person; cannot have previously received a checking account bonus.’
Update 12/1/21: Extended until 12/31/21.
Update 10/27/21: Deal is back and will run from 11/1/21 and 11/30/21. Make sure you wait until 11/1/21 before signing up. Hat tip to reader REJECTION
Update 7/30/21: Looks like it’s available nationwide. Available nationwide with a $5 donation to their foundation, as the option is available on the online application
Update 7/5/21: Deal is back and good through 07/31/21. Hat tip to Brandon B.
Offer at a glance
- Maximum bonus amount: $300
- Availability: Must live or work in an eligible eligible Minnesota or Wisconsin county
- Direct deposit required: Yes, $300+
- Additional requirements: eStatements & use promo code
- Hard/soft pull: Hard pull
- ChexSystems: Yes
- Credit card funding: Can fund up to $500 per account
- Monthly fees: None
- Early account termination fee: None listed
- Household limit: None
- Expiration date:
December 31st, 2019July 31st, 2020December 31, 2020
Contents
The Offer
- Wings Financial is offering a $300 bonus when you open a new checking account and complete the following requirements:
- Use promo code 300CHECKING
- Must have a direct deposit of at least $300 within 60 days of account opening
- Five net (5) debit card transactions of $5+
- Enroll in eStatements
The Fine Print
- To qualify for the bonus, checking account must be opened in-branch or online using promo code between 10/21-12/31/19.
- Membership must be established by opening a Share Savings account with a $5 minimum opening deposit.
- Must have direct deposit of at least $300 and enroll in eDocuments within 45 days of account opening.
- If requirements are met, bonus will be paid no later than 2/17/20 in the form of a deposit to the Wings checking account; account must be in good standing to receive deposit.
- Valid for new members only.
- Not available for business checking.
- One offer per person.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
First class checking account has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find an early account termination in the fee schedule
Our Verdict
Probably not worth doing for most people due to the hard pull. Because of that I won’t be adding this to our list of the best checking bonus.
Hat tip to reader John
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
Post history:
- Update 10/17/20: Deal is back and valid until December 31, 2020.
- Update 7/11/20: Deal is back and valid until July 31st, 2020.
For those who have churned Wings before..
I’m wondering, to avoid a future hard pull, can you leave the member savings open.. but close the checking? then churn the bonus in the future?
Pretty sure it’s not possible to churn Wings. But yeah, that would be a good strategy, if someone can get it to work.
thanks! if no churn then I guess I’ll just leave the accounts open at $0..do you know if Wings is one of those auto-account-close banks if balance is $0? i don’t have any use for the accounts
I’m not sure. I’d leave a $1 or a penny.
I wouldn’t recommend that you ever leave $0 in any account going forward for any FI.
I only leave 0 is I’m absolutely OK with the account closing and wouldn’t care or cry if it closed. Now usually I do try to put some thought to determine whether I need the account for any reason or if it makes sense to close. Since Wings can’t be churned AND it’s a hard pull.. well I guess it makes sense to leave $1 and keep it open. Unless there was a member deposit which at some point, I might to close to get that back.
Even if you received a bonus, a FI can still take back the bonus if your account closes due to it having a $0 balance, depending on the terms of the offer. Some people went through that scare recently with BOH.
DP Funded $1510 with US Bank Triple Cash Biz. Coded as Purchase. Like others mentioned: call US Bank to turn on CA option. I funded a little less than 22% of CL.
I am not finding the CA discussion that you reference in this mountain of comments. Do you have US Bank enable CA for the card, but then set it to a low amount, under your intended funding amount, e.g. Trying to fund for $1,500 per Wings account, so set the CA amount with USB to something < $1,500?
Funded checking and savings with $1500 each using Capital One Venture X
It seems that you mistakenly posted your DP in an old Wings post.
Just applied for the HY Savings, Shared Savings, Free Checking, and HY free checking and got this message:
“Thank you for applying, we’ve received your application and will email you in 2 business days to finalize the process”
Is this normal? I saw that the last step was to fund my account, however, it redirected me to the message above instead. Each account above had a limit of $1500 for funding, so 6k total if you open all 4.
They offered 4 types of accounts when I applied and each one allowed me to fund up to $2500 (total of $10K). I used Capital One Venture (not X) and purposefully tried to fund for more than my cash advance limit and it went through so i imagine it was a purchase. Still not posted yet but I can not imagine it being coded as cash advance and then allowing me to fund more than my cash advance limit.
Based on a comment in early 2022 for tax year 2021 it looks like Wings does not generate or mail 1099-INT forms for interest $1 – $599. I’m just starting to compile my records for tax year 2022.
Is it possible to open a referral page for Wings? Deal is back but only for $200 this time.
William Charles 
Chuck
https://www.wingsfinancial.com/july-22-bonus
To qualify for this special offer, join Wings and open the free checking account that’s right for you – First Class Checking with rewards or High-Yield Checking with competitive yields – by July 31st, 2022 using promo code “July22Bonus”. Then, within 60 days, complete these three steps.
Checking Account Bonus Requirements: Each of the following must be completed using the same checking account within 60 days of account opening:
1) Recurring ACH direct deposit(s) of at least $600 total or maintain an average daily balance of $2,0001;
2) eDocuments enrollment;
3) At least 5 net PIN or signature-based debit card transactions over $25.
If requirements are met, bonus will be paid on 10/1/22 as a deposit to the Wings checking account; account must be in good standing (positive balance for the last 30 days) and have active recurring direct deposit and eDocuments enrollment at time of the promotional payment (10/1/22).
Once you are a member have you been able to open any subsequent accounts with a credit card? Looks like funding is through internal transfer only. This is the message I get:
“At this time you do not have any eligible accounts to fund a new account. Eligible accounts must have available funds maintaining any minimum balance requirements and have not met the Regulation D limitation.”
I tried to get this bonus but failed miserably. I applied for this $300 bonus with Wings Financial on, I think, December 7th, 2021 but didn’t get approved right away. Wings told me to wait several days and didn’t say when I would get approved. I needed Wings to approve my application and open my accounts by December 10th to meet the 60-day DD deadline because my employer issues my paycheck only once per month (1st day of each month) and my employer requires me to submit the DD paperwork by the 10th day of the month two months before I want DD to start. In this case, I needed to submit DD paperwork to my employer by December 10th to have DD to my Wings account begin by February 1st. I needed DD to start by February 1st to meet the 60-day DD deadline required to qualify for $300 bonus. If Wings had approved my application by, say, December 11th, then my employer would not have begun DD into the Wings account until March 1st at the earliest, which would have been way past the 60-day DD deadline. Because I was uncertain if Wings would approve my application and open my accounts by December 10th, I applied for a checking account with Spiral Bank, who was running their own $250 bonus ($50 for opening the account and $200 for setting up DD and having DD in two consecutive months with the first DD occurring within 60 days of opening the account). Spiral Bank approved my application and opened my account on December 9th so I submitted the DD paperwork for the Spiral account to my employer on December 9th. Wings then approved my application and opened my accounts on December 10th. I then submitted DD paperwork for the Wings account to my employer on December 10th. My employer confirmed that they received the DD paperwork and confirmed that I wanted DD to go to my Wings account, not my Spiral account, so I thought everything was good to go for the Wings $300 bonus. instead, my employer set up DD into my Spiral account and started DD into the Spiral account on February 1st. I told them that they set up DD into the wrong account (Spiral) and told them to set up DD into the Wings account. My employer said they did not receive my DD paperwork to set up DD into my Wings account. I had to dig up my e-mail correspondence confirming that I did submit the DD paperwork for the Wings account. They then stopped the Spiral account DD beginning in March so I missed out on the Spiral bonus (DD in 2 consecutive months) because my employer did DD into my Spiral account only on February 1st and not for March 1st or thereafter. However, I also missed out on the Wings bonus because my employer never did set up DD into my Wings account. They have been issuing me my paycheck via paper… Read more »
Opened: 11/1/2021
Bonus: 1/12/2022
Closed: 5/6/2022 after 6 months per Doc’s best practices.
Sent secured message requesting closure. Very easy to close. Checking recently withdrawn to $0. Saving had $10 with $5 available to withdraw. Expect to see a check for $10 in a week or so.