[WI only] Bank Of Galesville $150 Checking Bonus

Offer at a glance

• Maximum bonus amount: $150
• Availability: WI only
• Direct deposit required: Yes, $250+
• Additional requirements: Use promo code GET150, make three bill payments using online bill pay
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: None
• Monthly fees: None
• Early account termination fee: 12 moths, bonus forfeit
• Household limit: One
• Expiration date: None listed

The Offer

Direct link to offer

• Bank of Galesville is offering a $150 cash bonus when you open any Kasasa checking account and complete the following requirements:
  • Use promo code GET150
  • Make three bill payments using bill pay within 45 days of account opening
  • Have at least one direct deposit of $250 or more within 45 days of account opening

The Fine Print

• Qualifying Activity for $150 bonus: Customer must make three (3) payments using Bank of Galesville Online Bill Pay AND have at least one direct deposit of $250 or more within 45 days of account opening to receive the $150.00 cash bonus.
• Checking accounts that are qualified for the $150.00 cash bonus include: Kasasa Cash Checking and Kasasa Cash Back Checking.
• The $150.00 cash bonus will be deposited into the checking account within 90 days of account opening.
• If any owner on the account has been an owner of a Bank of Galesville consumer checking account within the past two (2) years, the bank reserves the right to deny this bonus.
• Account must be open at the time the bonus is paid and must remain open for a minimum of 12 months.
• The PDF flyer must be presented at account opening to receive the reward or opened with the promotion code if the account is opened online.
• This offer applies to new consumer checking accounts that must be opened with new money (not currently on deposit at Bank of Galesville). Accounts with an employee as an owner are not eligible.
• The value of this offer may be reported to recipient as income.
• One cash bonus per household.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Early Account Termination Fee

Account must be kept open for 12 months otherwise you will forfeit the bonus

Monthly Fee

Neither account has any monthly fee you need to worry about.

Our Verdict

Really need to know more about this before passing judgement. If it’s a soft pull then it’s likely a good deal though as there is no monthly fee to worry about so keeping the account open for 12 months isn’t a huge deal. The bonus requirements do require a direct deposit though which can be tricky for some. For now I won’t add it to the best checking bonuses until we know a bit more.

Hat tip to Maximizing Money

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