Posted by William Charles on July 7, 2019
Bank Account Bonuses

Published on July 7th, 2019 | by William Charles


[Expired] [WA only] 1st Security Bank $150 Checking Bonus (Personal or Business)

Deal has expired, view more bank account bonuses by clicking here

Offer at a glance

  • Maximum bonus amount: $150
  • Availability: WA only
  • Direct deposit required: Yes for consumer account
  • Additional requirements: See below
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: $7
  • Early account termination fee: Unknown
  • Household limit: None listed
  • Expiration date: December 31st, 2019

The Offer

Direct link to offer

  • 1st Security Bank is offering a bonus of $150 when you open a new 1st Options consumer or Premier business account and complete the following activities:
    • For the 1st options consumer account you need an opening deposit of $500 and a direct deposit
    • For the business checking account you need an opening deposit of $1,000
  • Opening deposit must be maintained for 90 days

The Fine Print

  • Open one of these checking account products before 12/31/2019 with new money.
  • For a 1st Options checking account a minimum opening deposit of $500 is required and enrollment in a monthly direct deposit to this account.
  • For a Premier business checking account a minimum opening deposit of $1,000 is required.
  • For both account products you will need to maintain the minimum account balance for at least 90 calendar days, from the date the original deposit was made.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

1st Options checking account has a $7 monthly fee, this is waived if you do either:

  • $500 or a monthly direct deposit or
  • 10 POS transactions completed each month

Premier checking account has a $7 monthly fee, doesn’t look like there is any way to avoid this fee.

Early Account Termination Fee

I wasn’t able to find a fee schedule so I’m unsure if there is any early account termination fee or not.

Our Verdict

Don’t think the business account is worth considering as there is an unavoidable monthly fee. The personal checking bonus deal is OK, but we need to know whether it’s a hard or soft pull to open. If anybody goes for this bonus then please share your experiences in the comments below.

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Hey Doc, this says “Personal OR checking” in the title. do you mean personal OR business?


Opened this account in branch today as it seems you can’t do it online. It was painless and took about 15 min. No hardpull.

Ah Saleeeh
Ah Saleeeh

Thanks for the data point. Do you know which banks triggered the direct deposit ?


No. There are no DPs for this that I can find. I’m using a real DD.


It seems like any amount of DD would work?


The terms don’t specify an amount. Just make sure your also maintain $500 in the account.


$150 posted for me today.

Opened 7/9 with $500 in branch
DD’s from work Aug, Sep, Oct (maintained $500 in account)
$150 posted.


Shot in the dark – does anyone have a pdf download of the offer from their site they could send my way? I apparently never did, and they’re denying the bonus saying that it required direct deposits through 90 days after account opening. They’re clearly confusing the holding period for the initial $500 deposit, but without my flyer I can’t prove them wrong.

PS Doc – may be a good idea to make pdf downloads available? Banks generally pull the webpage after the promo is over.

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