[TN only] SouthEast Bank $100 Checking Bonus, Direct Deposit Not Required

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: Account holder must have a Tennessee mailing address.
  • Direct deposit required: No
  • Additional requirements: None
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown, sensitive
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Household limit: None listed
  • Expiration date: August 31, 2022

The Offer

Direct link to offer

  • SouthEast Bank is offering a bonus of $100 when you open a new checking account and complete the following requirements:
    • Use promo code SWITCH100
    • Make 5 debit card transactions of $1 or more within 30 days of account opening

The Fine Print

  • This promotion begins on June 22, 2022, and the new account must be opened by August 31, 2022, to receive the $100 bonus.
  • The minimum deposit required to open a qualifying checking account and receive this bonus is $50.
  • The account holder must make 5 SouthEast Bank debit card transactions of $1 or more within 30 days of account opening and the account must remain open and in good standing within 90 days of funding in order to receive the bonus.
  • The bonus will be credited to the account within five (5) business days of meeting all qualifications. Bonus only available to new SouthEast Bank customers
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Bonus Rate Checking has no monthly fee as long as you don’t receive paper statements.

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

Unfortunately this bank is ChexSystems sensitive. There was also a $150 checking bonus in the past with similar requirements (e.g no direct deposit requirement).

Hat tip to reader midnight

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View Comments (2)

  • Received targeted mailer for $200 new account bonus. Applied and got to funding page. Only option was to input bank transfer information for funding the new Bonus Rate Checking account. No credit card option was provided.

  • I ama TN resident and had no problem opening an account online. Of course, they could come back and deny/close it, but I'm hoping not. Not so chex sensitive if they opened one for me.