Update 5/17/25: Deal is back, now $250. Hat tip to fuzzy guy
Offer at a glance
- Maximum bonus amount: $100
- Availability: Must reside in Wisconsin
- Direct deposit required: No
- Additional requirements: Use promo code
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: $12, avoidable
- Early account termination fee: Unknown
- Household limit: None listed
- Expiration date:
December 31st, 2019December 31, 2020March 31, 2021
Contents
The Offer
- Waukesha State Bank is offering a bonus of a $150 bonus when you open a new checking account and complete the following requirements:
- Use promo code DDA250GEO25
- activating debit card
- Sign up for online banking
The Fine Print
- For students under age 26. A parent or guardian is required as a joint account owner for students under the age of 16.
- Terms and fees are subject to change at any time.
- The $100 bonus is limited to one account and to one person only, is non-transferable and is for new Waukesha State Bank Student Checking accounts only.
- Customers with an existing Waukesha State Bank checking account or who have taken advantage of previous checking promotions do not qualify.
- Cannot be combined with any other offer or coupon.
- The minimum deposit to open and to obtain the bonus is $100. Offer will be reported as interest on IRS Form 1099-INT.
- Account holder is responsible for any applicable taxes.
- A $100 statement credit will be deposited into the account within 10 days of account opening on qualified accounts.
- Offer expires December 31, 2021. Promo Code: SC100ONLINE21
Avoiding Fees
Monthly Fees
They offer a free checking account, but that requires a direct deposit. Personal checking has a $12 monthly fee, but that is waived with a $250 minimum balance requirement.
Early Account Termination Fee
I wasn’t able to find the fee schedule so I’m unsure if there is an early account termination fee or not
Our Verdict
Seems like a great bonus if it’s a soft pull to open because there are no requirements and it’s easy to keep fee free.
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
Post history:
- Update 11/21/21: Deal is back, this time only for student accounts.
- Update 10/31/20: Deal is available again. Terms do state “This offer is non-transferable”. Hat tip to reader KED
