[Expired] [WA, OR, ID & In Branch] Columbia Bank $200 Checking Bonus

Bonus is no longer showing up, click here for the best current checking bonuses

Update 3/4/2020: This has been extended until April 30th, 2020.

Update 1/2/2020: Deal has been extended until February 29th, 2020

Note: This Columbia Bank is not to be confused with this one that operates in NJ.

Offer at a glance

Maximum bonus amount: $200
Availability: In branch only, all branches are in: Washington, Oregon and Idaho. [Branch locator]
Direct deposit required: Yes, $500+ within 90 days
Additional requirements: None
Hard/soft pull: Soft pull
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: $5, avoidable
Early account termination fee: Account must be open at time of bonus posting
Household limit: None listed
Expiration date: ~~September 30th, 2018 October 31st, 2018 November 30th, 2018 December 31st, 2018 January 31st, 2019~~ ~~February 28th, 2019~~ ~~March 31st, 2019 April 30th, 2019 June 30th, 2019~~ ~~August 31st, 2019~~ ~~January 1st, 2020~~ February 29th, 2020

Contents

1 The Offer
2 The Fine Print
3 Avoiding Fees
- 3.1 Monthly Fees
- 3.2 Early Account Termination Fee
4 Our Verdict

The Offer

Direct link to offer

Columbia Bank is offering a $200 bonus when you complete the following requirements:
- Bring in code (you get this by entering e-mail on site)
- Open a Neighborhood Account, Relationship Account or Foundation Account
- Receive a qualifying direct deposit of $500 or more within 90 days of account opening

The Fine Print

Limited time offer. Must open account by August 31, 2018 to receive offer.
To receive the $200 incentive:
- 1) Open a Neighborhood Account, Relationship Account or Foundation Account, subject to approval,
- 2) Receive at least one qualifying direct deposit of $500 or more made to the account within 90 days of account opening. Qualifying direct deposits are electronic deposits of your paycheck, pension, or government benefits (such as Social Security) from your employer or the government into your checking account.
Offer is not available to those whose personal checking accounts have been closed within 90 days or closed with a negative balance.
Limit one new offer per qualifying account, per individual.
After you have completed all the above requirements, we will deposit the incentive in your new account in the three months following the 90 day direct deposit review period.
The incentive is considered interest and will be reported to the IRS in accordance with applicable law.
Accounts overdrawn or closed at the time of incentive fulfillment are not eligible for this offer.
The person qualifying for this offer must be the primary signer on the account and must be 18 years or older.
You must present this offer code at the time of account opening to qualify for the incentive.
We reserve the right to restrict or change this offer at any time.
Number of days used to determine incentive eligibility will be calendar days. Member FDIC.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

The neighborhood account is the easiest account to keep fee free. The $5 fee is waived with any of the following:

minimum daily balance of $2,500
10 debit card transactions
One direct deposit
age 62 and older
Military ID or Student ID on record

Early Account Termination Fee

Account needs to be kept open until the bonus posts.

Our Verdict

Biggest bonus they previously offered was $100. This is $200 but the requirements are the exact same. If you live near a branch I do think this is worth doing as it’s on the bigger side when it comes to bank bonuses and it isn’t too difficult to keep fee free. Because of that I will be adding it to our best bank bonus page.

Big thanks to reader, Jacob W who let us know. Learn how to find bonuses and contribute to the site here.

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