Offer at a glance
- Maximum bonus amount:Â $100
- Availability:Â All branches are in ND [Branch locator]
- Direct deposit required:Â No
- Additional requirements:Â Get referred
- Hard/soft pull:Â Unknown
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â $5, avoidable
- Early account termination fee:Â Unknown
- Household limit:Â None listed
- Expiration date:Â None listed
Contents
The Offer
- American Bank Center is offering a $100 referral bonus to both parties when the person being referred opens a new Community Rewards Checking Account
The Fine Print
- Referral must be from a current American Bank Center customer to a non-American Bank Center customer who opens a Community Rewards Checking account.
- Account must be open for 60 days and in good standing to receive $100.
- Bonus will be paid within 30 days of meeting this requirement.
- 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 $5 monthly fee. This is waived with a minimum balance of $100+
Early Account Termination Fee
I wasn’t able to find a fee schedule so I’m unsure if there is an EATF.
Our Verdict
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
