Offer at a glance
- Maximum bonus amount: $100
- Availability: NC only, must open in branch [Branch locations]
- Direct deposit required: Yes, $1,000+
- Additional requirements: 15 debit card transactions + eStatements
- Hard/soft pull: Soft
- ChexSystems: UnknownÂ
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Expiration date: November 1st, 2016
The Offer
- Receive a sign up bonus of $100 when you bring new money or be a new customer to Select Bank & Trust and complete the following requirements within 60 days of account opening:
- Sign up for eStatements
- Have at least 15 debit card transactions (signature or PIN)
- Have at least $1,000 in qualifying direct deposits
- You can also earn an APY of 1.01% APY when you do the following:
- Have at least one external direct deposit or auto draft post to your account each statement cycle
- Make 15 debit card purchases that post to your account each statement cycle
- Sign up for eStatements (must enroll in online banking)
The Fine Print
- Direct deposits need to be electronic deposit of your paycheck, pension or government benefit.
- After the 60 day period and if all requirements are met the bonus will post within two statement cycles
- Only one checking account related bonus percustomer per calendar year
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
The easy green checking account does not have any monthly fees or minimum balance requirements. I wasn’t able to find the fee schedule, so I’m unsure if there is any early account termination fee or not.
Our Verdict
Too many requirements for a small bonus that requires in branch opening if you ask me. If anybody does go for this bonus, please let us know if it’s a soft/hard pull in the comments. You can view better checking bonuses by clicking here.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- 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
