[Expired][IL, IN, KY, MI, OH Only] Old National Bank $100 Checking Bonus

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

Reposting this as we now know it’s a soft pull to open.

Offer at a glance

• Maximum bonus amount: $100
• Availability: Account must be opened in branch (branch locator here). They have branches in the following states: IL, IN, KY, MI, OH
• Direct deposit required: $500+
• Additional requirements: None
• Hard/soft pull: Soft
• Credit card funding: Unknown
• Monthly fees: $3, waivable
• Early account termination fee: $25, 180 days
• Expiration date: December 31st, 2015

The Offer

Direct link to offer

• Receive a sign up bonus of $100 when you open a new checking account with Old National Bank (ONB) and receive direct deposits totaling $500+. Account must be opened in branch (branch locator here)

The Fine Print

• Offer is not available to existing Old National Checking customers, or to those with an Old National checking account that has been closed within the last 6 months
• Bank reserves the right to limit each customer to one new account-related gift incentive per calendar year
• Automatic direct deposits totaling $500 or more must be received within 60 days of account opening to receive the bonus
• The cash bonus will be deposited into the checking account within 30 business days after receipt of the aggregate $500 direct deposit or more
• The $100 cash bonus offer is valid for ONB Advantage, ONB Everyday, ONB Preferred, ONB Classic, ONB Ultimate Advantage and ONB Student checking accounts
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

The best way to avoid fees is to open the Every Day checking account which has a monthly fee of $3 and this is waived if you opt for paperless statements. There is an early account termination fee of $25.

Our Verdict

It’s difficult to know if this deal is worth doing or not due to the fact that we don’t know if it’s a hard or soft pull and what counts as a direct deposit. You need to open the account in branch so you should be able to ask if it’s a hard or soft when you do that.

Please share your experiences with this bonus in the comments below. You can view a list of bank bonuses we recommend here and a complete list here.

Direct link to offer | Screenshot of offer

Hat tip to Don L