[MN, ND & AZ] Bell Bank $300 Checking Bonus

Update 8/24/24: Deal is back and now $300. Hat tip to reader Bockrr

Update 4/13/24: Bonus is back until June 30, 2024  requires a direct deposit. Hat tip to reader Bockrr

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: They have branches in ND & MN. This promo is supposed to be for the Glendale branc, but there is an online code that can be used
  • Direct deposit required: Yes
  • Additional requirements: Use promo code
  • Hard/soft pull: Soft pull
  • ChexSystems: Unknown, not sensitive
  • Credit card funding: Can fund up to $1,000 $500 with a Visa or Mastercard
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Household limit: One
  • Expiration date: August 31st, 2019

The Offer

Direct link to offer

  • Bell Bank is offering a bonus of $300 when you open a new checking account and complete the following requirements:
    • Use promo code GILBERT300
    • 2 or more recurring direct deposits totaling $1,500 or greater, excluding transfers from another bank
    • 10 point-of-sale debit card transactions or a recurring automatic payment.

 

The Fine Print

  • You will receive $200.00 after your new first-time personal checking account has been opened for 60 days and a direct deposit or an automatic payment has occurred.
  • After qualifications are met, bonus will be deposited into account within 5 business days.
  • Limit of one bonus per household and per account.
  • This is available to customers with a current new market promo code opening a new first-time personal checking account.
  • New customer must open the account at Bell Bank’s Woodbury location and will receive a 1099-INT form for the $200 deposited to the new account.
  • Expires August 31, 2019. Member FDIC
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about

Early Account Termination Fee

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

Our Verdict

Always nice to see bonuses with no direct deposit requirement. I’m not sure if you’ll need to live near the Woodbury branch to get approved or not . Will be added to the best checking account bonuses. Please share your experiences in the comments below.

Hat tip to reader Stevil

Useful posts regarding bank bonuses:
    William Charles
  • On August 24, 2024, 12:30

View Comments (72)

  • Told by the rep that they will NOT honor the bonus as it was just for the new branch customers?

    The terms do not state this. Anyone get the bonus?

    I am in MN for reference.

    • they ended up giving me a $50 bonus:

      > I would like to note we have added our fall promotion to your account. If you were to set up a reoccurring direct deposit/automatic payment, or use your debit card 10 times within 60 days of account opening ... you will receive a free $50 credit to your account.

      it did pay out. I had so much trouble with funding (double transactions and chargebacks and unauthorized account debits oh my!) that I'm just not gonna fight getting the larger one.

    • I had them escalate it and their team said since the terms were unclear (on their end) the offer will be applied to my account. Sadly, P1/P2 won't both be getting it as they called out the terms that ONE per household will be enforced.

      First time I have ever had that line item actually prevent a bonus. At least it was in their terms unlike the other part they tried to get us all on.

  • For these types of bonuses that require 10 point of sale charges, what is everyone's favorite way to do that that requires least amount of effort?

  • "This promotion is available to customers with a current grand opening promo code opening a new first-time personal checking account"

    Are these guys churnable i received a bonus in 2019 from them?

  • Can OOS open the account in a branch while traveling? Wondering if they are strict on that or not

    • If you happen to find yourself in the area numerous times a year or the possibility of relocating could be in your future I suspect it might work.

  • Thank you for your application submission, ****. Please wait while we process your information. This page will re-load when we are ready for you to fund your account!

    It kept reloading with no any updates!!

  • Eh, me and P2 both had identity verification issues, requiring visit to branch. Pass.

  • Credit card funding now appears to be limited to $500. Chase Ink Cash, cash advance limit at $100 and funded $500

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