Offer at a glance
- Maximum bonus amount: $100
- Availability: IA, IL
- Direct deposit required: Yes, ach counts
- Additional requirements: Below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: None listed
Contents
The Offer
- Blackhawk Bank & Trust is offering a $100 bonus when you open a new checking account and complete the following requirements:
- Maintains the account for 180 calendar days from account opening.
- Has at least sixty (60) total posted and settled debit card transactions (or at least ten (10) per monthly statement cycle).
- Has at least six (6) total posted and settled direct deposits or automatic payments (ACH) (or at least one (1) per monthly statement cycle).
- Remains enrolled in E-statements during each monthly statement cycle. Minimum balance to open account is $50.
The Fine Print
- 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
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
A lot of requirements for only a $100 bonus, don’t think this is worth doing personally (especially the debit card requirement) but might be worth it for some people. We won’t add it to the best bank account bonuses.
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
View Comments (2)
Wayyyyyy too much work for $100
Appears to be county specific and no other ways to qualify for a membership.