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
View Comments (16)
I was approved. No idea what my chex scores are though. Probably not horrible; but I have been rejected at other banks due to chex.
I also live about a block from the a branch
rejected.
in state, but not near Waukesha. chex score around 600. 3 inquiries in last 3 mos, 4 in 6, 8 in 12.
Super, mega, hyper, uber chex sensitive. Stay away
Applied over weekend - rejected - assume chex too low at 700. Not near Waukesha
Got denied in-branch for Chex last year, don't think I was quite LOL/24 yet but I had quite a few inquiries.
fine print. looks like a layup!
*Limited to one account, and to one person only. This offer is non-transferable and is valid for new Waukesha State Bank checking accounts only. The $250 bonus is valid only for the following checking accounts: Free Checking with Direct Deposit, Simple Checking, Senior Advantage Checking, Advantage Plus Checking, Interest Checking, Student Checking and Value Added Checking. Customers with an existing Waukesha State Bank checking account, or who have taken advantage of previous checking promotions, do not qualify. Must present this coupon at the time the account is opened to receive the bonus. Cannot be combined with any other offer or coupon. The minimum deposit to open and to obtain the bonus is $100. Must have a tax reporting number in order to receive bonus as bonus will be reported as interest on IRS Form 1099-INT. Account holder is responsible for any applicable taxes. A $250 statement credit will be deposited into the account within 10 days of account opening on qualified accounts. Offer expires December 31, 2025. Promo Code: DDA250GEO25
It looks like Personal Checking isn't one of the allowed types, which leaves either Free Checking DD, maintaining a $1000 balance (Interest Checking), or paying $5/month fee (Simple Checking). [if not a senior or student] Seems a little odd that Personal Checking is excluded - anyone tried it?
Agree - also note in fees - early termination fee of $25 if closed within 90 days
Thanks for the info. What's the minimum deposit for the $250? I can't find the feedback on the site
The link needs to be updated to this:
https://www.waukeshabank.com/checking-promotion-digital#:~:text=Open%20a%20checking%20account%20today,will%20fit%20your%20needs%20perfectly.
The $100 promo is back and not only for student checking:
https://www.waukeshabank.com/checking-promotion
Promo terms says it expires Dec. 31st, 2021.
waukesha has been in the news.... sad
The current link to the offer has a new extended expiration date of June 30, 2021. The fee schedule has an early termination fee of $25 if closed after 90 days.