(Targeted OK, IL KS & MO, CO only) $500 Central Bank Check Bonus

Update 5/10/26: The $500 bonus is back with the new CommunityRoots promo code. It still has a target language. Valid until 31.12.2026. Hat tip to the reader SG

Update 3/14/26: There is a new $500 bonus. The terms say ‘Customer must refer mailer or use offer code to get incentive. Only one offer can be used by the intended recipient and is not transferable. Eligibility for this offer will be verified before bonus check reviews are provided to see if this type of language has been implemented in the past.

Offer at a glance

• Maximum bonus amount:300-800 dollars
• Availability:
• OK, IL, KS & MO only, if you don’t live within 50 miles of a branch, you will not be eligible for the offer (this will allow you to sign up and then they will close your account) (Branch finder)
• Direct deposit required:Yes, two or more direct deposits totaling $5,000+
• Additional requirements:See below
• Hard/soft pull:Soft
• ChexSystems:Unknown
• Credit card financing:Can finance up to $1,000 with a credit card. Mastercard and Visa are accepted
• Monthly fees:$5, avoidable
• Early account closure fee:Unknown
• Family boundary:A
• Expiration date:December 31, 2025

Offers

Direct link to the offer

• Central Bank is offering a $500 bonus when you open a new checking account (in addition to free checking) with promo code PARKPIRATES
  • Open any eligible checking account
  • Set up a direct deposit that has at least two deposits totaling $5,000 or more within the first 90 days.
  • $50 minimum balance required 90 days after account opening

 

Fine Press

• To receive a bonus, you must: (1) open and maintain any personal checking account other than Free Checking. (2) Deposit $50 or more at account opening and (3) have at least two or more direct deposits within 90 days of total account opening; $800 to $9,999.99 to earn the $300 bonus or $10,000 or more to earn the $800 bonus.
• $50 minimum balance required 90 days after account opening to receive bonus.
• Qualifying types of direct deposits include any direct deposit from Payroll, pensions or government benefits. Bonuses are reported to the IRS as interest.
• Bonuses will be deposited into the checking account within 15 business days after the account(s) 1) meets all requirements AND 2) has been open for 90 days
• . Available to new current account customers only.
• The offer is not available to those whose accounts have been closed with a negative balance within the last 2 years.
• You will only receive a new checking account opening bonus every two years from the last incentive payment date.
• Only one bonus per family.
• Customer must bring mailer or use offer code to get incentive.
• Offer may only be redeemed by the intended recipient and is non-transferable.
• Eligibility for this offer will be verified before the bonus is awarded.
• The new checking account must be open and in good standing on the payment date of any bonus earned.
• We reserve the right not to open accounts for customers outside of our market area. Please contact us for further details. The promotion ends on 31.12.2025.
• All bank account bonuses are treated as income/interest and as such you must pay tax on them

Avoidance of fees

Monthly fees

MyChoice Check has a monthly fee of $5. To avoid the monthly fee – you must receive electronic statements and one of the following:

• Maintain a minimum daily balance of $2,500.00 per statement cycle; OR
• Maintain a cumulative recurring direct deposit of $500.00 per statement cycle; OR
• Use your debit card at least 20 times for a point-of-sale (POS) transaction (the transaction only counts if it posted to the account during the monthly cycle; or
• The primary account holder is under the age of 25.
  • Requests to avoid the monthly maintenance fee will be effective in the statement cycle after the primary account holder’s 25th birthday.

You can also waive your monthly maintenance fee by maintaining an average daily balance of $25,000.00 in all deposit accounts with the same primary account holder (Checking, Savings, Money Market or Certificate of Deposit) for the statement cycle.

Early account termination fee

I couldn’t find a fee schedule so I’m not sure if there is an early account termination fee.

Our verdict

TheIf you are bidding $300you are better off with the old offer as the free checking account is eligible. Of course, the $800 offer is much better if you can meet the direct deposit requirement and we will add that to our site. best check bonus site.

Hat tip to the reader JD

Useful posts about bank bonuses:

• A Beginner’s Guide to Bank Account Bonuses
• Bank Account Quick Reference Table (Calculated Sheet) (very useful for ranking bonuses according to different parameters)
• PSA: Don’t call the bank
• Login to ChexSystems
• Banks and credit unions that are sensitive to ChexSystems requirements
• What Banks and Credit Unions Do/Don’t Attract ChexSystems?
• How to use our direct deposit site for banking bonuses site
• Common Bonus Bank Misconceptions + Why You Should Give Them a Go
• How many bank accounts can I safely open in a year for the purposes of the bank bonus?
• Affiliate links and bank bonuses – We will not use them
• Complete list of ways to close bank accounts in each bank
• Banks that allow/disallow overseas check applications
• Bank bonus posting times

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