34
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
wilsonhammer
wilsonhammer

I’ve been doing real DD and bill pay regularly to drain, with a few p2p transactions using my debit card as a funding source. Contacted support about the bonus and they confirmed that the account had been used for deposit and withdrawals, but they asked why I was not using the debit card for purchases. They also indicated that they don’t post the $300.00 before the 90 day mark and that I still had a few days left. Strangely though, the bonus posted the day after, so ¯\\_(ツ)_/¯. Will report back with closing details in a few months.

Josh
Josh

anyone received bonus yet?

Josh
Josh

Lol I sent a message and they said that they have 1 employee who keys in the bonus and sometimes they need a little nudge 😛

Josh
Josh

This was the reply after reaching out – they aren’t following their terms as there was no requirement to leave money in there nor size of the transaction.

> I spoke with the department in charge of crediting new accounts with the $300 offer and they were unable to make the request. The reasoning being they want to see you actively using the account. The only debits from the account are $0.50 deductions and your direct deposit is transferred to your other bank account. Once the account receives more activity they will credit the account, this is to prevent clients from opening accounts to receive the $300 offer and then closing once paid out.

fyi Chuck

Josh
Josh

received the bonus 7/6/22. P2 hasn’t received, they might have to reach out too.

little big bear
little big bear

any datapoints on what counts as a direct deposit for this? I don’t have a real employer DD that I can set up.

Bertha
Bertha

Yes, can apply online but you have to be close to a branch I guess.
Entered my zip code (in WI) and got this message “Unfortunately, accounts are not available in the ZIP Code you provided. Please contact system administrator for more details.”

wilsonhammer
wilsonhammer

Opened online. Requires microtransaction verification for initial deposit. You can probably select the “Mail in a check” option to get it opened faster and just ACH in your initial funds ($100 minimum). All big 3 bureaus frozen during application. No CC funding available.

After the external account was confirmed via microtransactions, the account was instantly approved and given full account number and online login access. Had to turn on eStatements manually.

Donutello
Donutello

Does it really have to be done in branch? The link above seems to take you to a page, which further has a link to an online application.
Also, the terms (now?) say you have to “…actively use your new accounts and services (5+ transactions per month).”
And the name of the product is True Checking, not True Choices (maybe that changed since the original post).

Josh
Josh

Cool, it does look like you can open online, I’m going to try.

Josh
Josh

I was insta denied, but P2 was approved. Bonus terms were in the truth and savings document you had to agree to, so this is no longer “in branch only”

Josh
Josh

approved when i went in. easy to open.

wilsonhammer
wilsonhammer

Requirements: OPEN a True Checking account ($100 minimum deposit to open) and at least one additional deposit product, like a savings or money market account. Our True Checking account makes your banking simple with no minimum daily balance requirement and no monthly service charge. MOVE your payroll or monthly Social Security direct deposit to your new account to start taking advantage of the many benefits Monona Bank offers. Our ClickSWITCH® tool makes it easy to move your direct deposit, automatic payments and more!

Terms: Your $300 bonus will be deposited into your new non-interest-bearing account within 90 days after you complete the two easy steps. Of course, you’ll need to keep your accounts in good standing and actively use your new accounts and services (5+ transactions per month). While we truly value our current clients, this special offer is only available to households that have not received a similar bonus in the past and don’t currently have a checking account with us. Offer expires on May 31, 2022.

Offer PDF link
https://www.mononabank.com/300-offer

https://b075912712.account-open.online-banking-services.com/openaccount/#!/acctopening

John P
John P

Just got another mailer for this deal, so it’s back again. Says the offer is good thru 6/30/21

LL
LL

Did anyone without mailer apply this account?

Dan
Dan

Yes, as long as you are a new customer you are eligible.
No go for returning.

josh
josh

deal is back on until 12-31-20. Recieved a mailer this week. Live in southern, WI

LL
LL

Did you apply the account? Is there a promo code? I checked the link above and the poster showed the due was April 30th, 2020.

Josh
Josh

I have not opened the account yet, there was no promo code.

LL
LL

Thank you! I need to consider more about that.