[Expired] [NC, SC, TN, VA] HomeTrust Bank $100 Checking Bonus

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

Offer at a glance

• Maximum bonus amount: $100
• Availability: NC, SC, TN, VA
• Direct deposit required: No
• Additional requirements: See below
• Hard/soft pull:  Soft pull
• ChexSystems: Yes, not sensitive
• Credit card funding: None
• Monthly fees: $10, avoidable
• Early account termination fee: Bonus forfeit, 180 days
• Household limit: None listed
• Expiration date: November 15, 2020

The Offer

Direct link to offer

• HomeTrust Bank is offering a bonus of $100 when you open a new checking account and complete the following requirements:
  • Use promo code 100UP
  • Enroll in eStatements
  • Have a minimum of three automated clearing house (ACH) debits per statement cycle for two consecutive statement cycles within the first three statement cycles
  • Make at least 15 debit card purchases equal to or greater than $500 per statement cycle for two statement cycles within the first three statement cycles
• You can also get an additional $5 a month if the account you open is an everywhere connect checking account and complete the following requirements:
  • 10 or more signature debit card transactions per monthly statement cycle

The Fine Print

• To earn the $100 bonus, you must (1) Enroll in electronic statements (eStatements) through Online or Mobile Banking; (2) Have a minimum of three automated clearing house (ACH) debits per statement cycle for two consecutive statement cycles within the first three statement cycles; and (3) Make at least 15 debit card purchases equal to or greater than $500 per statement cycle for two statement cycles within the first three statement cycles. Transactions must post and settle to qualify. The $100 bonus will be credited to the new checking account on the 15th of the month after the account meets all requirements stated above.
• Checking account must be opened with the promotional code 100UP from August 15, 2020 through November 15, 2020.
• This offer applies to new customers and new checking accounts only and you must have a physical address within the HomeTrust Bank market footprint.
• Offer cannot be combined with other offers and is limited to two (2) incentives per household. HomeTrust Bank employees are not eligible to participate in promotion. Offer is not available to customers who have closed an account within the past 90 days.
• If your account is closed within 180 days, an account closing fee equal to the bonus payment ($100) will apply. Offer may be withdrawn at any time. Payments are subject to IRS tax reporting requirements.
• 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 $10 monthly fee, this is waived if you do either of the following:

• Five debit card transactions or
• One recurring Direct Deposit

Early Account Termination Fee

Bonus forfeit if closed within 180 days of account opening

Our Verdict

HomeTrust has had bigger bonuses in the past. This one doesn’t require a direct deposit, but the debit card requirements are still a lot for such a small bonus. We won’t be adding this to our best bank bonus page.

Hat tip to reader Shawn

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