[Expired] [IA only] Hills Bank $50 Checking + $50 Savings Bonus, No Requirements

Deal has ended, view more bank account bonuses by clicking here.

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: IA only
  • Direct deposit required: None
  • Additional requirements: See below
  • Hard/soft pull: Hard pull
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: None listed
  • Household limit: None
  • Expiration date: December 31, 2021

The Offer

Direct link to offer

  • Hills Bank is offering a $50 checking & $50 savings bonus.
    • Get $50 when you open a checking account with promo code FREE50
    • Get $50 when you open a savings account

The Fine Print

  • Offer expires 12/31/2021.
  • New customers only.
  • Must open a new Free Checking with this promotion to qualify for the Free Savings bonus.
  • Limit one Free Checking bonus and one Free Savings bonus per customer and not valid with any other offer.
  • Fees may reduce earnings.
  • Bonus paid when coupon is presented at account opening or within 5 days for online accounts and may be reported as interest.
  • No minimum balance required to obtain bonus.
  • Subject to credit approval.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Neither the savings or checking account has a monthly fee to worry about.

Early Account Termination Fee

I wasn’t able to find any EATF in the fee schedule.

Our Verdict

Worth doing if it’s a soft pull as there are no requirements to get the bonus other than using the promo code.

Hat tip to 北美羊毛快报

Useful posts regarding bank bonuses:
    William Charles
  • On August 28, 2021, 11:00
Tags: direct deposit not requiredia bank bonuses

View Comments (15)

  • DP: submitted in-state application for checking and savings on 8/28. Got a hard pull on Equifax today. Still no word on application status.

  • I submitted an OOS application on 8/22 and received an email saying "We will email you in a couple of days when we've processed your application."

    I have not received anything from them since then and I can still pull up my application by selecting "Resume an application". Either they take a long time to process applications or I'm in some sort of application limbo. I might try calling to see what's going on.

    • Wow, I had to jump through quite a few hurdles but I was finally approved and my checking account was opened on 9/14. I did not want to give up on this one and waste a hard pull.

      $50 bonus posted the same day on 9/14 even before my $500 CC funding arrived on 9/16.

      I asked if opening the savings account would trigger another hard pull and their response was: "We would not re-pull credit for existing customers if additional accounts are opened in branch or via live chat. The web page and open an account within online banking both do a credit pull as part of the process."

      I will try to open the savings via live chat and see if the $50 bonus for that posts immediately as well. I did notice that the offer webpage is no longer working...not sure if they pulled the offer early or not.

      • I was able to open the savings account via chat without an additional hard pull. The bonus did not post automatically so I sent a SM asking about it after 5 days went by. They replied the next day and credited my savings account $50.

        Also, the debit card will not work unless used at an ATM first, even though there's a number to call and activate it and set the PIN.

      • @guest_1245875 No hard pull or Chex inquiry yet, but I do not think they've actually processed my application so that might change. They do offer up to $500 CC funding in the application.

          • Thank you for your sacrifice! I've been waiting for the update but won't be applying now for a paltry $100 bonus. Hard pulls for bank accounts are fucking ridiculous!

  • I'm wondering if surrounding states can open an account or not like the Frontier Bank bonus earlier this year.

  • @will,

    How do you know this is only for Iowa residents? I don't see anything about that in the terms and it lists all of the states on the 1st page of the app. I didn't proceed though.

  • Lots of Iowa banks required a branch visit to open the account.
    I wonder is it possible to open this checking and saving accounts online?
    Thanks.

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