[Expired] [Louisville Only] Stock Yards Bank & Trust $200 Checking Bonus

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

Offer at a glance

• Maximum bonus amount: $200
• Availability: Offer available for accounts opened in the Louisville Market only. Maybe Kentucky, Southern Indiana, Indianapolis, Cincinnati?
• Direct deposit required: Yes, no minimum mentioned
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: Up to $200 with Visa, Mastercard or American Express
• Monthly fees: $5, avoidable
• Early account termination fee: $25, 90 days
• Household limit: One
• Expiration date: August 31, 2024

The Offer

Direct link to offer

• Stock Yards Bank & Trust is offering a $200 bonus when you open a new checking account and complete the following requirements:
  • Use promo code CHECKING200 at opening
  • At least ten (10) Point of Sale (POS) purchases of $5.00 or more
  • At least one (1) direct deposit or ACH payment must post and clear the account
  • Enrollment in eStatements

The Fine Print

• To be eligible, you must enter the referral code shown below when applying online, or mention this offer and referral code when applying in a branch.
• To earn the $200 bonus the following activities must be completed within 90 days of account opening: At least ten (10) Point of Sale (POS) purchases of $5.00 or more must post and clear the account, at least one (1) direct deposit or ACH payment must post and clear the account, and enrollment in eStatements (online banking required).
• Bonus will be credited 90 days after account opening if all requirements are met. Account must be open and in good standing at the time the bonus is paid.
• Bonus will appear on your statement as a Promotional Rebate – The value of the bonus may be reported on the appropriate Internal Revenue Service (IRS) forms, and may be considered taxable income to you.
• Please consult your tax advisor regarding your specific situation.
• Offer available for accounts opened in the Louisville Market only.
• Offer available to new consumer customers only; current customers are not eligible.
• Offer limited to one bonus per household per calendar year.
• Offer subject to change without notice and may be terminated or extended at any time.
• Minimum deposit required to open account and is based on the type of account opened.
• Some accounts have a minimum balance requirement to avoid a monthly service charge.
• Speak to a banker for details.
• Must open account by August 31, 2024.
• Restrictions may apply.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Smart checking has a $5 monthly fee.

• $2.50 rebate with eStatements
• $2.50 rebate if one direct deposit OR electronic payment (ACH) posts during the statement cycle

Early Account Termination Fee

$25 if closed within 90 days according to the opening docments.

Our Verdict

If anybody signs up please share if it’s a hard or soft pull in the comments below.

Hat tip to Woody

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?
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