[Expired] [IA only] Community Bank & Trust $300 Checking Bonus – Direct Deposit Not Required

Deal has expired, view the best current checking bonuses here.

Offer at a glance

• Maximum bonus amount: $300
• Availability: Seems to be in branch only. All branches are in IA [Branch locations]
• Direct deposit required: No, automatic transfer required
• Additional requirements: None
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None listed
• Early account termination fee: Unknown
• Household limit: None listed
• Expiration date: Requirements must be met by November 3rd, 2018

The Offer

Direct link to offer

• Community Bank & Trust is offering a bonus of $300 when you open a new go checking account and complete the following requirements:
  • Complete 10 Visa check card point of sale transactions (with a minimum combined transaction amount totaling $100)
  • Enroll in on line banking and receive eStatements
  • Set up a direct deposit or auto payment minimum of $250 cumulative per month
  • Download mobile banking app
• This account also earns 3% APY if the above requirements are met within a statement cycle

The Fine Print

• $300 bonus will be credited to customer’s new GO Checking after account requirements listed above are met.
• Bonus will be paid within the following statement cycle after all requirements are met.
• Customer must be a new checking account client.
• $300 reward will be reported as miscellaneous income to IRS on 1099-MISC.
• Requirements must be met by 11/3/2018.

Avoiding Fees

Monthly Fees

I believe this account has no monthly fees as long as you have paperless statements (required for the bonus).

Early Account Termination Fee

I wasn’t able to find the fee schedule so I’m unsure if there is an early account termination fee or not.

Our Verdict

Previously the biggest offer they had was $100 referral bonus to both parties. This is a much better bonus. Unfortunately we still don’t know whether this is a hard or soft pull to open. Assuming it’s a soft pull this is definitely worth doing if you live near to a branch. This will likely be added to the best checking account bonuses.

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