Deal has ended, view more bank account bonuses by clicking here.
Update 12/1/24: Extended until December 31, 2024
Offer at a glance
- Maximum bonus amount: $200
- Availability: Nationwide
- Direct deposit required: No
- Additional requirements: See below
- Hard/soft pull: Soft pull
- ChexSystems: Yes, not sensitive
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: None
- Household limit: None
- Expiration date: November 29, 2024
Contents
The Offer
- Bask Bank is offering a $200 bonus when you open a new checking account. Bonus is broken down as follows:
- Conduct two (2) electronic Bill Center transactions of a combined minimum total of $50, posting each month through March 31, 2025 and receive $50 per month up to $200.
The Fine Print
- Must have a new or existing Bask Interest Checking Account by November 29, 2024.
- Perform qualifying activities between September 2024 and March 2025.
- Conduct two (2) electronic Bill Center transactions3 of a combined minimum total of $50, posting each month through March 31, 2025.
- Qualifying participants will receive a $50 cash reward each month1 from September 2024 through March 2025 with continued qualifying activity. The cash reward will be paid to your Bask Interest Checking Account at the close of each statement period after all qualifying activities are met.
- If one or more of the qualifying activities are not met within a statement period, the cash reward will not be paid for that statement period.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees to worry about.
Early Account Termination Fee
Unclear if there is any EATF.
Our Verdict
Seems like a nice bonus given no direct deposit is required. It’s possible that it’s ChexSystems sensitive, if it’s not I can see this bonus being pulled early due to the popularity of it.
Hat tip to Gz
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
Has anyone found their fee schedule?
I got all four bonuses, looking to close
https://www.baskbank.com/sites/default/files/Documents/Disclosures/rates-and-fee-schedule.pdf
Good, we’re past 90 days so I can close
However looks like people are trying one more month to see if the automated system will stay pay out. I’ll do the same
good idea!
My final $50 posted. Anyone going to try and get more than $200?
I’m keeping my payments set up to see what happens next month.
Of course. Why not? Very little opportunity cost to try for the coming months. If it doesn’t work, I will probably give up and not keep trying.
Maybe their system will see the new year as a new bonus opportunity. One can dream!
Jack
maybe there will be a glitch and it will continue indefinitely :p every month free $50
We will know Feb 1st if it worked. I am sure there are plenty of people trying.
Autumn If it doesn’t, probably time to pack up and move on.
Never know, why not try.
Yes, I just used my $50 to send two more bill payments to see what happens. No harm in trying considering I had bills to pay anyway.
Could someone please confirm that if you make 2 $25 payments to the same biller (maybe even on different dates), does that still work for the bonus?
Or do the billlers (that you pay) have to be different? Thanks in advance!
They can be same biller. I did that this month and the $50 payed out today.
P1 and P2 both sent two $25.00 payments to the same CC biller (BofA & PenFed respectively) one day apart (3rd & 4th) last month and both got the $50 bonus on 12/31/24.
imjimmy Doing it to Citi this month.
December $50 Bill Reward posted for me 12/31.
This offer is now gone from the linked page.
I opened the link today and found this: Conduct two (2) electronic Bill Center transactions3 of a combined minimum total of $50, posting each month through March 31, 2025.
Which link are you referring to – please share it.
For that bill center bonus of $200, according to the terms one must have opened an account by Nov. 29. I also thought $200 is still available that based on Doc’s update which says the offer was extended till Dec 31, but that is dead.
They were 2 separate offers and their page was not updated until last week (it still said one can get $200 even though it was dead last month, but the terms say the account for that needs to be opened by Nov 29 for the bill center bonus) they have changed the page now and removed the $200 part. The only offer available now is for 2% APY.
May I ask what was the other $200 offer (different from the bill pay one)? thanks
There was only one $200 offer (the bill pay one). The other offer is the 2% APY.
thanks
Does anyone have a screenshot of the part of the terms for the quinstreet stuff where it says 2 deposits are needed? I don’t want to click through myself again and risk messing up the tracking somehow.
The link still opens to the bonus, however, the terms say that the account must be opened by Nov 29.
I sent a message to clarify if the SUB is still valid or if they need to update their webpage.
Will report back.
It’s dead. Do not apply even if the banner still shows the offer. They need to update their site.
So, the bank told you that the deal is dead as of December 2024?
The $50 Bill Center Reward for November posted yesterday.
Mine too. Started with $250 transfer to the checking account. 2 bills on auto pay to 2 BoA CCs
250
-26
-27
+50
—–
247
—–
Now hoping BoA keeps sending checks for the overpayment without having to call them 🙂
TL;DR: Bask’s privacy practices regarding the retention of sensitive info are sketchy at best. If you provided Bask your ID/selfie at sign-up and aren’t keen on them retaining them indefinitely, you should request they be deleted in accordance with P.L. 115-174, whereby you’ll likely be told to go pound sand (if they even respond), giving you basis for a CFPB claim.
I’ve had Bask Savings accounts (interest & mileage) for several years. I decided to do this checking offer in September but was annoyed that they were requesting a copy of my ID/selfie, particularly since I already have an account with them. Their online Privacy Policy states, “We will retain your Personal Information for the period necessary to fulfill the purposes outlined in this Policy,” so I attempted to call them to confirm the images would be deleted immediately after they confirmed my identity.
The Policy gives a contact at Texas Capital, but after calling the provided number, the clueless rep directed me back to Bask’s general customer service, who again redirected me to submit a message through the online portal. This started a month-long back and forth of boilerplate/evasive responses, where they ultimately said that they would keep the images indefinitely per regulations they refused to disclose. I pointed out that the Economic Growth, Regulatory Relief, and Consumer Protection Act (P.L. 115-174) states, “The financial institution must delete any copy or image of an individual’s driver’s license or personal identification card after use,” which is also in agreement with the Texas Data Privacy and Security Act that went into effect this July. After repeatedly requesting to speak to the Privacy department directly, I was finally called by a general customer service manager, who: apologized profusely; concurred that Bask’s requesting the images was excessive in the first place; stated that the Privacy department doesn’t engage with customers directly; and encouraged me to file a CFPB complaint to get a direct answer from the Privacy department (if it even exists) since they wouldn’t provide the requested information—even to him.