[SD only] Reliabank $100 Student Checking Bonus, No Requirements

Offer at a glance

• Maximum bonus amount: $100
• Availability: SD only, must be a student aged 15-25
• Direct deposit required: No
• Additional requirements: None
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None
• Expiration date: None listed

The Offer

Direct link to offer

• Reliabank is offering a bonus of $100 when you open a new student checking account

The Fine Print

• Open to students age 12 to 25 years old.
• If student is under 18, adult joint owner required.
• Open a new student checking account between 8/1/2020 and 9/30/2020 with a minimum opening deposit of $50.00 and receive the bonus of $100 deposited to the new account 45 days after account opening.
• Bonus will be reported by 1099-INT.
• 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 in the fine print.

Our Verdict

Reliabank also has a 2.05% APY on balances up to $25,000 account as well. This student checking account is worth doing if you’re eligible and it’s a soft pull.

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