Offer at a glance
- Maximum bonus amount:Â $100
- Availability:Â WI, IA only
- Direct deposit required:Â No
- Additional requirements:Â None
- Hard/soft pull:Â Â Unknown
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â None
- Household limit:Â None
- Expiration date:Â September 1st, 2020
Contents
The Offer
- Peoples State Bank is offering a bonus of $100 when your a student and opening an eChecking account
The Fine Print
- Account must be opened as a joint account with a parent or guardian if student is under 18 years of age. Offer expires 9/1/20
- 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 no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find any early account termination fee in the fee schedule.
Our Verdict
Seems like a great bonus, just need to know whether it’s a hard or soft pull to open the account.
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
mark expired William Charles
William Charles As the other comments points out it is for Wisconsin and Iowa and appears there is no way to open it online so have to go to a branch.
10 transactions required: “The $100 bonus will be deposited into the account within 7 business days after the account has been active for 3 months. To be considered active, the account must have a minimum of 10 transactions that post and settle within the first 3 months of the account opening date.”
Seems like account must be opened in person. For anyone who’s wondering, the only branches are along the Iowa-Wisconsin border.
WIsconsin, not WAshington
Must be opened in branch?
Pretty sure this should be WI not WA. There is a different Peoples Bank in WA.
Fixed ty