Deal is over, see more bank account bonuses by clicking here.
This is available in more countries/bank names:
Hats off to him Pickle Rick & JimmytheGreek
Offer at a glance
- Maximum bonus amount: $700 + $500 investment
- Availability: NV, ID, UT, WY, TX, CA, AZ, CO, NM
- Direct deposit required: Yes, $7,500+
- Additional requirements:
10 purchases by debit or credit card - Hard/soft pull: Gentle pull
- ChexSystems: yes, sensitive to investigation
- Credit card financing: ANY
- Monthly fees: $9, avoidable
- Early account closure fee: The account must be kept open for 90 days
- Family boundary: None listed
- Expiration date: None listed
Offers
- Nevada State Bank is offering a bonus of up to $1,200. The bonus is divided as follows:
- $350 Bonus With direct deposits totaling $7,500 or more within the first 90 days
- $350 Bonus When you maintain a 90-day average balance of $25,000 in a new linked Money Market account
- Up to $500 Bonus When you extend your relationship to a new Zions Wealth investment account
- Earn $500 with $250K invested in new account
- Earn $250 with $150K invested in new account
- Earn $125 with $50k invested in new account
Fine Press
- Limited time offer and subject to change at any time without notice. Offer available to new Gold account holders only. To receive the cash bonus offer, the Gold Account must be a new Gold Account open for a minimum of 90 days and open at the time of bonus payment. The bonus payment will be deposited into the Gold account within 60 days of meeting the qualifications. Eligible only to individuals who have not held a deposit or loan account with Nevada State Bank in the past 12 months. Cannot be combined with other checkout offers. Limited to one bonus per account per customer. This online-only offer may not be available if you leave this page, visit nsbank.com, a branch of Nevada State Bank, or call the bank. All tax liabilities, if any, associated with the benefits are the recipient’s responsibility, and the recipient may receive an IRS tax reporting statement that includes the approximate retail value of the benefits. If tax documentation including a valid W-9 or W-8 is not completed, prize may be forfeited. A minimum opening deposit of $50 is required for a new Gold account. Please refer to the Deposit Account Agreement, Account Disclosure, Deposit Rate Sheet and Personal Account Fee Schedule, or speak to a banker for more details.
- $350 Direct Deposit Bonus: Gold Account must receive qualifying direct deposits within the first 90 days totaling $7,500 or more. Qualified direct deposits include regular recurring Automated Clearing House (ACH) credits, such as payroll, salary, pension, or government benefits (eg, Social Security). Deposits that do not qualify are those made through Real Time Payments (RTP) or peer-to-peer services such as PayPal, Zelle and Venmo. Transfers from another Nevada State Bank account do not count as direct deposits.
- $350 New Money Market Bonus: A new Nevada State Bank Money Market Account linked to the Gold Account must be opened with new money within the first 90 days of opening the Gold Account. Must maintain an average 90-day balance of $25,000. Minimum opening deposit of $50 is required for new Money Market account. Please refer to the Deposit Account Agreement, Account Disclosure, Deposit Rate Sheet and Personal Account Fee Schedule, or speak to a banker for more details.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
The Gold account has a monthly fee of $15. There is no monthly service fee when you maintain a daily account balance of $2,500 OR a combined deposit balance of $25,000.
Early account termination fee
Not sure if there is any EATF or not.
Our verdict
Money market account earns 0.35% APY. If you put $25,000 into an account that earns 5% APY, you’ll earn $308 over that 90 day period, so the savings bonus isn’t worth considering in my opinion. Checking bonus is worth considering, but it is difficult to meet the direct deposit requirements for many people.
Hat tip to the reader Aleksa
Useful posts about bank bonuses:
