Offer at a glance
- Maximum bonus amount:Â $100
- Availability: WI only, must also be Military/National Guard/Reserve
- Direct deposit required:Â Yes, $100+
- Additional requirements:Â None
- Hard/soft pull:Â Unknown
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:
- Household limit:Â None listed
- Expiration date:Â None listed
The Offer
- Westbury Bank is offering a $100 bonus when you open an IDEAL Rewards Checking account. Bonus posts the next statement after it’s been 90 days from account opening. You must also receive a recurring direct deposit of at least $100.
- Customer must provide a government issued military identification card as proof of active duty, retired, National Guard or Reserve member, or veteran of the military
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
This account has no monthly fees to worry about. I’m not sure about any early account termination fees.
Our Verdict
The 1.1% APY rate isn’t attractive as there are lots of better options available. $100 bonus might be OK depending on whether it’s a hard/soft pull to open and what counts as a direct deposit. As always please share your data points.
Big thanks to reader, Curmudgeon who let us know. Learn how to find bonuses and contribute to the site here.
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- 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
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