[AZ, IA, NE In Branch] Bankers Belief $400 Checking Bonus

Replace 5/13/25: Bonus now $400. Hat tip to Pepelats

Replace 6/19/24: Early account termination payment now a lot larger:

Early closing payment of $250 shall be charged in case your Bonus Account is closed inside 12 months of opening

Replace 1/13/23: Deal is again, no finish date listed. Hat tip to Gadget.

Replace 5/27/23: Deal is again and legitimate till July 12, 2023.

Provide at a look

• Most bonus quantity: $100
• Availability: Should be a resident of Iowa or Arizona and open in department
• Direct deposit required: Sure, see under
• Further necessities: Sure, see under
• Laborious/tender pull: Unknown 
• ChexSystems: Unknown 
• Bank card funding: Sure, as much as $10,000, uncertain if potential in department
• Month-to-month charges: Up To $10.99, avoidable
• Early account termination payment: $50, 12 months
• Expiration date: December 31, 2022

The Provide

Direct hyperlink to supply

• Open a brand new BreakFree Checking Plus or Direct Checking Plus account and obtain a bonus of $250 if you do the next inside 60 days of account opening:
  • 25 debit card transactions
  • 2 direct deposits of at the least $200 every

The Fantastic Print

• To be eligible for the bonus, you could open a BreakFree Checking Plus or Direct Checking Plus account (“Bonus Account”) in particular person at a department with a minimal opening deposit of $25. To qualify for the bonus, the next transactions should put up and settle by way of the Bonus Account inside 60 days from the date of its opening:1) 25 debit transactions. A “debit transaction” for the aim of this part means a debit to your Bonus Account that originated from an ACH, Bankers Belief invoice fee, drafting checks, or use of your debit card as a way of fee or buy. A “debit transaction” doesn’t embrace debits to your Bonus Account that originated from ATM withdrawals or different debits to your Bonus Account; and,2) 2 direct deposits (ACH credit) or Categorical Deposits (aka cell deposits) of at the least $200 every. A “deposit” for the needs of this part doesn’t embrace ATM deposits, deposits made in particular person, account-to-account transfers, or different deposits to your Bonus Account.
• As well as, bonus eligibility shall be verified 60 days after the Bonus Account’s opening. Bonus will solely be credited if the account is at the moment in an open standing with a constructive steadiness. Ought to you might have met all eligibility necessities and should not topic to the restrictions and exclusions contained herein, the bonus shall be credited to the Bonus Account inside 75 days of its opening.
• Restrict one bonus per family.
• Provide not accessible to present Bankers Belief checking prospects or those who have had a checking account with Bankers Belief inside six months of Bonus Account opening.
• Staff of Bankers Belief and/or its associates should not eligible for bonus. Bonus Account should be opened by December 31, 2022.

Avoiding Charges

BreakFree checking account requires 12 debit card purchases to maintain payment free and direct checking requires a direct deposit of $500+ to maintain payment free.

Early Account Termination Price

Early closing payment of $250 shall be charged in case your Bonus Account is closed inside 12 months of opening

Our Verdict

Bonus is a bit annoying because the accounts are considerably tough to maintain payment free. Should you can nonetheless do the $10,000 in bank card funding then clearly it’s nonetheless a incredible deal.

Hat tip to reader Gadget