[Expired] [IL only] Bridgeview Banking $200 Checking Bonus + $50 Donation

This deal has expired and is unfortunately no longer available. Never miss another deal again by signing up for free and instant notifications of new posts.

Offer at a glance

• Maximum bonus amount: $200 + $50 donation
• Availability: IL only
• Direct deposit required: Yes, no minimum specified
• Additional requirements: None
• Hard/soft pull: Soft
• ChexSystems: Unknown
• Credit card funding: None
• Monthly fees: $18, avoidable
• Early account termination fee: 180 days, $25 and bonus forfeit
• Household limit: One
• Expiration date: January 27th, 2018

The Offer

Direct link to offer

• Bridgeview Bank is offering a $200 checking bonus + $50 donation to USO of Illinois when you complete one of the following requirements:
  • Open an eligible personal checking account with direct deposit (must be received by 2/24/2018)
  • Deposit $10,000 or more into a new or existing personal savings account

 

The Fine Print

• $200 bonus offer is redeemable for new Personal Checking Accounts opened by 1/27/2018, and may be withdrawn at any time. One bonus per household. Offer not available to existing Bridgeview Bank checking customers, or those who have closed checking accounts within 90 days. EDGE Checking accounts are non-interest bearing. Annual Percentage Yield (APY) for Prime Checking accounts is .05% APY for $300 and above. APY for Elite Checking accounts is .05% for balances $1.00 – $24,999.99; .10% for $25,000 – $49,999.99; .15% for $50,000 and above. APY is accurate as of 10/29/2017. Rates may change after account opening. Fees may reduce earnings. Offer subject to change, is non-transferable, and cannot be combined with any other offer. Account opening is subject to approval. A $100 Minimum Opening Deposit and a “Qualified Direct Deposit” credited by 2/24/2018 is required to obtain bonus. A qualified direct deposit is an electronic deposit into this account from the U.S. government or your employer on a recurring basis, at least monthly. Bonus will be deposited into your new account during the first complete statement cycle after direct deposit is credited. Account must remain open with direct deposit for at least 180 days or Early Closure Fee of $25 and the $200 bonus will be debited at closing. Bonus is not part of opening deposit and will be reported as interest on IRS Form 1099-INT.3) Offer for $200 bonus is redeemable for new or existing personal savings or money market account deposits of $10,000 or more made by 1/27/2018 and may be withdrawn at any time. One bonus per household. Existing clients who would like to participate in the Patriot Program must notify a Bridgeview Relationship Banker when making the qualifying deposit. New money only. Offer not available to those who have closed savings or money market accounts within 90 days. Annual Percentage Yield (APY) for Minor Statement Savings is .05%. APY for Statement Savings is .05% for balances up to $9,999.99 and .10% for $10,000 and above. APY for money market accounts is .05% for balances up to $9,999.99; .10% for $10,000 – $49,999.99; .15% for $50,000 – $249,999.99; and .20% for $250,000 and above. APY is accurate as of 10/29/2017. Fees may reduce earnings. Offer subject to change, is non-transferable, and cannot be combined with any other offer or account special. Account opening is subject to approval. Bonus will be deposited into the account during the first complete statement cycle after the $10,000 deposit is made. $10,000 must remain on deposit for at least 180 days or Early Closure Fee of $25 and $200 bonus will be debited from account upon withdrawal. Bonus will be reported as interest on IRS Form 1099-INT.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Edge Checking $18 Monthly Fee

This has a $18 monthly fee that is waived if you do any of the following:

• Have a minimum balance of $250
• 4 debit card transactions
• Receive a direct deposit of $300+

Early Account Termination Fee

You will forfeit the bonus and have to pay a $25 fee if your account is closed within 180 days of account opening

Our Verdict

There is also a $175 bonus you can complete in branch, I prefer this offer as you’re giving $50 to charity, can open online as well and it’s for an extra $50. It’s also nice that you don’t need to worry about your particular branch having the flyers or not. They also have a 5% APY account, but you can only fund it with coins. I will be adding this to our list of the best checking sign up 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