Update 7/11/26: Bonus now $425 or one of three gifts. Valid until September 30, 2026. Hat tip to the reader Bockrr
Update 10/5/25: Bonus is $400 but requires a direct deposit.
Offer at a glance
- Maximum bonus amount: 400 dollars
- Availability: it
- Direct deposit required: OPTIONAL
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card financing: Unknown
- Monthly fees: ANY
- Early account closure fee: Unknown
- Family boundary: None listed
- Expiration date: November 30, 2024
Offers
- Community Bank & Trust offers a 425 bonus when you open a new checking account and meet the following requirements:
- A minimum of 15 qualifying Visa® Debit Card transactions have posted to your account;
- A total of $500 in qualifying direct deposits have been posted to your account.
- Account must be open for at least 90 days.
Fine Press
- 300 bonus will be paid within 30 days after the following occur: 1) Opening a new current account, which is subject to approval; 2) establish a direct deposit or recurring direct debit of a minimum of $250 per month, posted per statement cycle; 3) The debit card has been used at least once during the same statement cycle.
- Examples of direct deposits are an electronic deposit of your salary, pension or government benefits from your employer or government. Person-to-person payments (such as Zelle, Venmo, or Cashapp) are not considered a direct deposit.
- Examples of Direct Debit would be a car payment, mortgage, rent payment or another household bill. Additional terms of this bonus offer include:
- The account must be opened for at least 30 calendar days, be active and have a positive balance at the time of bonus payment, which will be applied as credit to the new account.
- Claims must be completed within 6 months of account opening.
- The customer cannot have a previously closed CBT checking account within the last 12 months.
- Only new checking customers are eligible.
- BankOn Checking and Health savings accounts are not eligible for bonus offer. Cannot be combined with other offers.
- Account eligible for Iowa residents only.
- Promotion ends on 30.11.2024 and is subject to change without notice.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
This account has no monthly fees to worry about.
Early account termination fee
I’m not sure if there is an early account termination fee as I couldn’t find the fee schedule.
Our verdict
Sounds like you can use a referral and get a $300 bonus? Feel free to share your recommendations in the comments, along with whether it’s a hard or soft pull to open.
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