Offer at a glance
- Maximum bonus amount:Â $100
- Availability: Account holder must have a Tennessee mailing address.
- Direct deposit required:Â No
- Additional requirements:Â See below
- Hard/soft pull:Â Unknown
- ChexSystems: Unknown, sensitive
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit:Â None
- Expiration date:Â None listed
Contents
The Offer
- SouthEast Bank is offering a $100 gift cardreferral bonus to both parties when the person being referred opens and uses a new business checking account. Must complete these requirements:
- Register at www.tellyourfriendsrewards.com/southeastbank
- Enroll in eStatements
- Complete at least 5 debit card transactions within 90 days of account opening.
The Fine Print
- Limit one gift card per referral.
- Offer available to current SouthEast Bank customers that refer new business or personal customers to SouthEast Bank.
- The new and referring customer will receive (1) $50 gift card for each personal customer referral and (1) $100 gift card for each business customer referral.
- A new customer is defined as an individual or business without a checking account and has not held any SouthEast Bank accounts within the past six months.
- The new customer is required to register online at www.tellyourfriendsrewards.com/southeastbank (or present a referral card at account opening), open an account within 90 days of registration, enroll in eStatements, and complete at least 5 debit card transactions within 90 days of account opening. The minimum balance required to open the account and obtain the bonus is $50.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
They offer a free checking account with no monthly fees.
Early Account Termination Fee
I wasn’t able to find a fee schedule so I’m unsure if there is an early account termination fee.
Our Verdict
SouthEast has offered $150 personal checking bonuses in the past. This is the first business checking bonus we’ve seen. Feel free to share your referrals in the comments below.
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
