[NE, KS] Union Bank & Trust $150 Checking Bonus + $100 Savings Bonus

Update 7/7/24: Deal is back and valid through 11/22/2024. There is a $100 savings bonus as well.

Update 1/11/2020: Bonus is back and valid until February 29th, 2020. Hat tip to reader H.P.

This was originally listed as being VA, MD, NC but it’s actually for the Union Bank & Trust in NE, KS.

Offer at a glance

• Maximum bonus amount: $150
• Availability:NE, KS
• Direct deposit required: Yes, $2,500+
• Additional requirements: None
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding:  Unknown
• Monthly fees: None
• Early account termination fee: $25, 180 days
• Household limit: None listed
• Expiration date: October 31st, 2019 February 29th, 2020

The Offer

Direct link to offer

• Union Bank & Trust is offering a bonus of $150 when you open a new Simply Free Plus, Simply Free Platinum, or Premium Interest Advantage and complete the following requirements:
  • Make $2,500 in direct deposits within 60 days
  • enroll in paperless statements via online or mobile banking
• Receive a $100 bonus when you open a Simply Savings account and complete the following within 90 days of account opening
  • maintain a $2,500 balance;
  • enroll in paperless statements via online or mobile banking

The Fine Print

• To qualify for the promotion, you cannot be an owner on an existing Union Bank personal checking account.
• Receive $50 when you open a Simply Free Checking account and $150 when you open a Bonus or Journey Checking account and meet requirements.
• Limit one per person and cannot be combined with other offers.
• $50 opening deposit for Simply Free and Journey checking.
• $1,000 opening deposit for Bonus Checking.
• To receive the $150, you must have $2,500 in electronic Direct Deposits posted within 60 calendar days of opening a Bonus or Journey Checking account;
• $150 will be credited to your active account within 70 days of account opening if you meet the requirements. Various Annual Percentage
• Available through 10/31/19.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Bonus checking has no monthly fees to worry about.

Early Account Termination Fee

According to the fee schedule you’ll be charged an early account termination fee of $25 if the account is closed within 180 days of opening.

Our Verdict

Relatively easy bonus to meet the requirements for and no monthly fees to worry about. Considering it’s a soft pull I think this is worth doing if you live in an eligible area and have already done the larger bonuses available to you. Because of that I will be adding this to our list of the best checking bonuses.

Hat tip to reader Alex G

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?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times