Offer at a glance
- Maximum bonus amount:Â $100
- Availability:Â WI, IA only
- Direct deposit required:Â No
- Additional requirements:Â None
- Hard/soft pull:Â Â Unknown
- ChexSystems: Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â None
- Household limit:Â None
- Expiration date:Â September 1st, 2020
Contents
The Offer
- Peoples State Bank is offering a bonus of $100 when your a student and opening an eChecking account
The Fine Print
- Account must be opened as a joint account with a parent or guardian if student is under 18 years of age. Offer expires 9/1/20
- 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 any early account termination fee in the fee schedule.
Our Verdict
Seems like a great bonus, just need to know whether it’s a hard or soft pull to open the account.
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
mark expired
William Charles
10 transactions required: “The $100 bonus will be deposited into the account within 7 business days after the account has been active for 3 months. To be considered active, the account must have a minimum of 10 transactions that post and settle within the first 3 months of the account opening date.”
Seems like account must be opened in person. For anyone who’s wondering, the only branches are along the Iowa-Wisconsin border.
WIsconsin, not WAshington
Must be opened in branch?
Pretty sure this should be WI not WA. There is a different Peoples Bank in WA.
Fixed ty