Offer at a glance
- Maximum bonus amount:Â $225
- Availability: Must open at Northgate location (3664 Springdale Road, Cincinnati, Ohio 45251)
- Direct deposit required:Â Yes, no minimum specified
- Additional requirements:Â None
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â $225
- Household limit:Â None listed
- Expiration date:Â None listed
Contents
The Offer
- Cincinnatus is offering a bonus of $225 when you open a new checking account at their Northgate location (3664 Springdale Road, Cincinnati, Ohio 45251) and complete the following requirements:
- Receive a direct deposit within 90 days of account opening
The Fine Print
- Checking offer is not available to existing Cincinnatus checking customers. Offer valid at our Northgate location (3664 Springdale Road, Cincinnati, Ohio 45251).
- Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government.
- After you have completed all the above checking requirements, we’ll deposit the $200 bonus in your new account within 15 business days.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Simply free checking account has no monthly fees to worry about
Early Account Termination Fee
Bonus forfeit if closed within 180 days of account opening
Our Verdict
Seems like a relatively easy bonus, but need to know if it’s a hard or soft pull. Not worth going to a branch in the midst of a pandemic either, I wonder if they might open via the phone given the circumstances but I doubt it.
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
