[WI only] PyraMax Bank $300 Checking Bonus

Offer at a glance

• Maximum bonus amount: $300
• Availability: WI only
• Direct deposit required: Yes, $300+
• Additional requirements: Use promo code
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown 
• Monthly fees: None
• Early account termination fee: Must be kept open for 90 days
• Household limit: One
• Expiration date: None listed

The Offer

Direct link to offer

• PyraMax Bank is offering a bonus of $300 when you open a new checking account and complete the following requirements:
  • Use promo code WELCOME300
  • Receive a direct deposit of $300+ per month within 60 days of account opening

The Fine Print

• Account must have a $300 minimum monthly Direct Deposit set up and received beginning within 60 days of opening the account.
• The account must remain open for 90 days and meet the account conditions, after which time the $300 Bonus will be deposited directly into the Checking account.
• Not available for HSA checking accounts.
• Limit one gift per household.
• Customer must mention this card at in-branch account opening or enter Promo Code: WELCOME300 at online account opening to be considered for this offer.
• Offer may not be combined with other promotions and may be withdrawn at any time. Receipt of gift may have tax consequences.
• Employees of PyraMax Bank and their immediate family are not eligible for this promotion.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Simply Checking seems to be the easiest account to keep fee free. It has a $5 monthly fee that is waived if you do three of the following:

• Receive a monthly direct deposit of $100 or greater
• Enroll in e-statements
• Maintain a $500 minimum balance in this account
• Maintain a $1,000 minimum balance in combined PyraMax bank deposits
• Perform 7 check card transactions
• Perform one online bill payment transaction

Early Account Termination Fee

Account needs to be kept open for at least 90 days

Our Verdict

Previous best bonus was only $125.

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