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Offer at a glance
- Maximum bonus amount: $200
- Availability: TX only
- Direct deposit required: Yes, $200+
- Additional requirements: Use promo code
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: $20, 90 days
- Household limit: None listed
- Expiration date: January 13th, 2020
Contents
The Offer
- Southside Bank is offering a bonus of $200 when you open a new checking account and complete the following requirements:
- Use promo code Kingwood
- Have at least one direct deposit of $200 or more within 60 calendar days of account opening
The Fine Print
- You will receive $200.00 as a bonus when you open this account.
- To qualify for the bonus, you must open a Prime Checking or Classic Checking account at our Kingwood location or use promo code “Kingwood” if applying online.
- Requires a $50 minimum opening deposit and direct deposit.
- You must have at least one direct deposit of $200 or greater post to your account within 60 calendar days of account opening.
- The bonus will be deposited into your new account within 30 business days after your initial direct deposit has posted to your account.
- Limit one checking account-related bonus per household. Bonuses are considered interest and will be reported on IRS Form 1099-INT.
- Account openings are subject to bank approval.
- This offer is valid through 01/13/2020.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Traditional checking account has no monthly fees to worry about
Early Account Termination Fee
According to the fee schedule there is a $20 early account termination fee of $20 if closed within 90 days
Our Verdict
Need to know if this is a hard or soft pull to open, if anybody goes for this bonus then please share your experiences in the comments below.
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- How To Use Our Direct Deposit Page For Bank Bonuses Page
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